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    Maharashtra govt releases 'representative' list of 533 beneficiaries of farm loan waiver scheme
    India exports 12.5 tons of Dashehari, Langra mangoes from UP to Dubai via sea route
    Finacle 10.2.25 software will make banking services faster and more transparent: Himachal CM
    Return of foreign investments shows revival of confidence in economy: RBI Bulletin
    India-US trade deal is almost complete: US State Department after Jaishankar-Rubio talks in Manila
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    Parliamentary joint committee on corporate laws amendment bill gets more time to submit report
    Archies Online Launches Pan-India Same-Day Cake, Flower & Gift Delivery Service
    DRI busts clandestine Mephedrone manufacturing facility in Ankleshwar, Gujarat and seizes Rs. 21 lakh; Three arrested
    SC rejects pleas of ED and state against grant of bail to Chaitanya Baghel in liquor scam cases
    US to impose steep tariffs on generic medicine imports from Aug 2028
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    India Reaffirms Commitment to Rules-Based Multilateral Trading System at WTO Trade Policy Review in Geneva
    Government's Financial Inclusion Mission Continues to Foster Economic Empowerment Through Universal Banking, Social Security and Credit Access
    Tribunal absolves Lalit Modi of FEMA violation in 2009 South Africa IPL event
    NABARD sanctions Rs 15,056 cr for 6,175 rural infrastructure projects in Haryana
    SUPREME COURT HIGHLIGHTS
    Government and RBI Strengthen Digital Lending Ecosystem Through New Regulatory Framework, Digital Lending App Directory and Enhanced Customer Safeguar...
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    July 22, 2026
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    Farm loan waiver eligibility requires verified data, Agristack registration and Aadhaar authentication before direct transfer to loan accounts.
    The farm-loan waiver and one-time settlement mechanism applies to eligible beneficiaries whose loan data is uploaded by participating banks and verified through the scheme portal. Excluded categories include legislators, local-body office-bearers, government employees, certain income-tax payers, and specified cooperative-sector personnel. Eligible farmers must register on Agristack and complete Aadhaar authentication using their Aadhaar number or unique ID. After successful authentication, the eligible benefit is transferred directly to the loan account through the Direct Benefit Transfer system.
    July 22, 2026
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    Sea-route mango export protocol validates cold-chain shipping that can reduce logistics costs and expand overseas market access.
    A sea-route export protocol for Dashehari and Langra mangoes was commercially validated for shipment from Uttar Pradesh to Dubai under an extended harvest-to-market transit period. The process used scientific post-harvest management, shelf-life treatment, grading, packing, refrigerated-container transport and a continuous cold chain. The reported marketable condition on arrival supports wider use of cost-effective sea freight, potentially reducing logistics costs, improving grower procurement prices and expanding access to overseas markets.
    July 22, 2026
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    Core banking migration supports faster transactions, stronger cyber security, transparent services and more convenient digital banking for customers.
    Migration of the cooperative bank's core banking system to the Finacle 10.2.25 platform is intended to enable faster, more transparent and secure banking services. The platform is expected to support customer-friendly transactions, stronger cyber security, convenient digital banking and improved operational efficiency. It may also strengthen the bank's delivery of financial benefits under government welfare schemes.
    July 22, 2026
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    Foreign investment recovery signals improved economic confidence amid sustained trade momentum and renewed food- and fuel-led inflation pressures.
    Foreign investment recovery, external trade momentum and inflation developments are examined amid geopolitical and supply-chain uncertainty. Strong export and import growth, the operationalisation of the India-UK Comprehensive Economic and Trade Agreement, renewed portfolio inflows and higher foreign direct investment were identified as supporting external-sector confidence. Consumer price inflation increased, led by food and fuel, while core inflation remained unchanged. Food-price pressures continued across staples, edible oils and vegetables, although comfortable foodgrain stocks could mitigate food-inflation effects.
    July 22, 2026
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    Interim trade deal negotiations near completion as bilateral discussions advance tariffs, defence agreements, strategic cooperation, and regional security.
    India-US bilateral engagement focused on advancing an interim trade arrangement reported to be nearing completion, alongside discussions on tariffs, energy, defence and security, critical minerals, and artificial intelligence. The talks included a shared interest in finalising the interim trade deal and completing unspecified defence agreements connected with prior bilateral commitments. Regional security, West Asia, the Indo-Pacific, and Quad cooperation were also discussed amid efforts to restore bilateral relations following trade, immigration, and security-related strains.
    July 22, 2026
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    Bail cancellation requires harm to criminal justice administration, not merely a legally flawed order granting liberty.
    Bail cancellation must turn on whether continued liberty obstructs the administration of criminal justice, not solely on legal error in the order granting bail. A deficient bail order, without more, does not justify revoking liberty. Challenges to bail orders should not displace the objective of timely trials and securing convictions. Although erroneous legal principles may require correction for consistency, they may not alone warrant cancellation of bail. Broader questions concerning the governing cancellation standard remain open.
    July 22, 2026
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    Corporate law amendments face extended parliamentary review of proposals on compliance decriminalisation, ease of doing business, and governance modernisation.
    Parliament extended the Joint Parliamentary Committee's reporting deadline on the proposed Corporate Laws (Amendment) Bill, 2026 until the end of the Monsoon Session. The Committee is examining amendments to the Limited Liability Partnership Act, 2008 and the Companies Act intended to facilitate ease of doing business, decriminalise minor procedural defaults, and modernise the corporate governance framework.
    July 22, 2026
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    Same-day gifting delivery expands access to cakes, flowers and curated gifts through an integrated pan-India online platform.
    Archies Online has introduced a pan-India same-day delivery service for cakes, flowers, gifts and hampers across major cities. Its integrated online platform offers greeting cards, personalised gifts, chocolates, soft toys and curated hampers for personal, professional and festive occasions. Same-day options include Rakhi and Friendship Day collections, supported by product curation, fresh sourcing and a delivery network intended to provide timely and dependable gifting services.
    July 22, 2026
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    Mephedrone trafficking enforcement uncovered a clandestine laboratory, controlled precursors, alleged drug proceeds and an intended receiver.
    Illicit manufacture and trafficking of Mephedrone, a psychotropic substance under the Narcotic Drugs and Psychotropic Substances Act, 1985, were addressed through an intelligence-led operation involving a clandestine laboratory. Manufacturing equipment, Mephedrone, its controlled precursor, Monomethylamine, and other chemicals used in manufacture were seized under the Act. Cash believed to be drug-trafficking proceeds and a further amount intended as token payment for delivery were recovered. Three persons were arrested in connection with the alleged network.
    July 22, 2026
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    Bail parity in liquor-scam proceedings sustained where principal accused had bail; adverse investigative remarks were removed.
    Bail in the alleged liquor-scam proceedings was sustained on the basis of parity, the applicant's comparatively lesser alleged role, prolonged custody, and the documentary nature of the investigation. The evidentiary value of statements, financial records and digital material was regarded as an issue for trial rather than conclusive assessment at the bail stage. Adverse observations against the state economic-offence investigation were expunged.
    July 22, 2026
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    Generic medicine import tariffs are designed to encourage domestic pharmaceutical manufacturing while preserving policy for patented, branded and innovative drugs.
    Generic medicine imports into the United States are proposed to remain duty-free for two years, followed by escalating tariffs. The structure is intended to encourage pharmaceutical companies to establish manufacturing plants and equipment in the United States, with higher duties applying where companies do not do so within the stated period. The policy is confined to generic drugs, while the approach for patented, branded and innovative medicines is stated to remain unchanged.
    July 22, 2026
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    Oil-driven inflation pressures may prompt higher interest rates, despite equity gains led by artificial-intelligence and semiconductor shares.
    Asian equity markets largely rose following Wall Street gains led by artificial-intelligence and semiconductor shares. Rising crude oil prices are identified as a renewed inflation risk that could encourage central banks to raise interest rates, slowing economic activity and affecting equity valuations. Japan's reliance on imported energy and the effects of a weaker yen on trade values and energy costs are also highlighted.
    July 22, 2026
    Show AI Summary
    Foreign exchange market volatility pressures the rupee as oil-linked geopolitical risks boost safe-haven dollar demand and prompt market monitoring.
    Foreign exchange market movement saw the rupee depreciate against the US dollar amid higher crude oil prices, geopolitical tensions affecting oil-shipment security, and safe-haven demand for the dollar. RBI measures intended to attract overseas deposits were reported to support market confidence through foreign-currency inflows. Dealers were monitoring possible RBI participation through state-owned banks to moderate currency volatility while permitting gradual exchange-rate adjustment and preventing disorderly market movements.
    July 22, 2026
    Show AI Summary
    Rules-based multilateral trade engagement guides India's policy review, highlighting digital reforms, trade facilitation and clarification of market measures.
    India's WTO Trade Policy Review reaffirms commitment to a transparent, rules-based, inclusive and development-oriented multilateral trading system. It identifies reforms in trade facilitation, digital customs, logistics modernisation, quality infrastructure, Digital Public Infrastructure, innovation, sustainability, agricultural resilience and regional trade agreements. WTO Members recognised India's economic resilience and customs and digital modernisation, while seeking clarification on trade and investment regimes, Quality Control Orders, trade-remedy measures and WTO reforms.
    July 22, 2026
    Show AI Summary
    Financial inclusion expands universal banking, social insurance, pensions and collateral-free credit for underserved households and entrepreneurs.
    Financial inclusion is pursued through universal banking under Pradhan Mantri Jan Dhan Yojana, social-security coverage through life, accident and pension schemes, and credit access for underserved borrowers. Pradhan Mantri Mudra Yojana provides collateral-free institutional finance to micro and small business units for income-generating activities. The Stand-Up India Scheme supports Scheduled Caste, Scheduled Tribe and women entrepreneurs through loans for greenfield projects in manufacturing, trading, services and agriculture-allied activities.
    July 21, 2026
    Show AI Summary
    Foreign exchange contravention liability requires evidence that the person was responsible for the overseas transfer in question.
    Foreign exchange transfer for the 2009 South Africa cricket tournament was examined under the Foreign Exchange Management Act after funds were moved to an overseas entity without prior Reserve Bank approval. The appellate tribunal set aside the penalty imposed on Lalit Modi, finding no material establishing that he was in charge of the relevant affairs or personally responsible for the alleged contravention. Liability for a foreign-exchange contravention must rest on evidence connecting the person proceeded against with responsibility for the impugned transaction.
    July 21, 2026
    Show AI Summary
    Rural infrastructure financing under RIDF supports irrigation, roads, water supply, cooperative digitisation, producer organisations and climate-resilient livelihoods.
    Rural Infrastructure Development Fund financing supports rural infrastructure in Haryana, including irrigation, roads and drinking-water assets. Rural cooperative strengthening includes digitisation and financial viability of Primary Agricultural Credit Societies, alongside promotion and financial support for Farmer Producer Organisations. Climate-resilient measures include watershed development, groundwater management, micro-irrigation, direct seeding of rice and vegetable clusters, supplemented by livelihood training for rural women and agricultural lending and project-appraisal support.
    July 21, 2026
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    Supreme Court proceedings address juvenile adult trials, insolvency, electoral representation, environmental funds and foreign-exchange complaint requirements.
    Supreme Court proceedings covered election representation, criminal justice, insolvency and regulatory compliance. The Court considered challenges concerning political-party merger approval, separate insolvency proceedings for group entities, and espionage charges. It sought responses on an appeal mechanism for persons excluded from the National Register of Citizens and alleged non-utilisation of environmental relief funds. Criminal matters included medical assessment for interim bail, a fresh trial in a blast case, and the principle that a juvenile accused of murder may face adult trial where statutory conditions for a heinous offence are met.
    July 21, 2026
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    Digital lending safeguards require verified app associations, responsible recovery, data privacy, grievance redressal and reporting channels against illegal loan apps.
    Digital lending safeguards include a public directory enabling customers to verify a digital lending app's association with a regulated entity. The Digital Lending Directions, 2025 impose mandatory requirements on recovery practices, data privacy and customer grievance redressal for regulated entities, lending service providers and digital lending apps. Measures also include blocking illegal loan applications following due process, cybercrime reporting channels, complaint facilities for unlawful money collection, and public awareness programmes on fraud prevention and risk mitigation.
    July 21, 2026
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    Authorised Dealer Category-II remittances expand to specified trade and family-maintenance payments under the revised FEMA framework.
    FEMA framework revisions described as effective from May 2026 expand Authorised Dealer Category-II activities to include specified trade remittances and family-maintenance remittances, subject to the applicable RBI and FEMA framework. EbixCash World Money Limited states that its perpetual AD-II licence carries this expanded scope. The release describes a non-bank channel for MSME and SME cross-border payments, supported by Nostro-account settlement, remittance and travel-card services, and technology-enabled compliance measures including document verification, sanctions screening, fraud detection and transaction monitoring.

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      Protests against alleged illegal falling of Khejri trees for solar power plants in Rajasthan

      August 5, 2025

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      Jodhpur/Jaipur, Aug 5 (PTI) The Khejri tree, a vital part of Rajasthan's desert ecology and cultural heritage, is under threat from the expansion of solar power projects in the Thar desert, warn activists amid protests against the alleged illegal felling of these trees and calls for urgent environmental safeguards.

      As the state pushes to become a leader in renewable energy, large tracts of land in Barmer, Jaisalmer, Jodhpur, Phalodi and nearby areas are being leased out for solar plants.

      In this race to install green energy infrastructure, a large number of Khejri trees, the state tree of Rajasthan and an ecological lifeline of the desert, are being uprooted or buried under the sand, activists and locals allege.

      Rampal Bhawad, President of the Bishnoi Tiger Force, alleged that solar companies are felling Khejri trees indiscriminately.

      "These companies clear the land by uprooting or cutting trees, sometimes burying them underground or setting them on fire. This is happening openly, often with the knowledge and inaction of authorities," he said.

      In Barmer's Sheo subdivision, protests have intensified over the last four months. Villagers have been sitting on a dharna, accusing solar companies of illegal deforestation, destruction of traditional pathways and encroachment of Oran (community forest) and Khadeen lands, which are crucial for rainwater harvesting and desert farming.

      On Sunday, the independent MLA from Sheo, Ravindra Singh Bhati, joined the protestors, spending the night at the dharna site and vowing to take the matter to the highest level.

      On Monday, Bhati unearthed buried Khejri trunks from project sites to expose the damage. "The companies have burned dried Khejri trees with petrol. Wet wood was buried over a stretch of nearly 1.5 km," he claimed.

      Bhati lashed out at local authorities, confronting police officers for allegedly failing to act despite evidence of illegal activities. "Where were your patrols when fires were lit through the night?" he asked the police.

      Social media videos showing trees being uprooted with JCB machines and transported in tractors have added fuel to public anger, as have photos of ash piles near project sites.

      With tensions running high, Sheo Sub-Divisional Officer Yaksh Chaudhary acknowledged the seriousness of the issue. "MLA Bhati and villagers are protesting against illegal tree felling. We have ordered a probe and action will be taken," he said.

      However, villagers remained firm on their demands of protection of Oran land, fair compensation and a halt to illegal tree felling.

      "We are not against development, but it should not come at the cost of our forests, culture and survival," a farmer said.

      The state has set an ambitious target of achieving 90 gigawatts (GW) of renewable energy capacity by 2030, contributing significantly to India's clean energy transition.

      Over the past few years, over 1.50 lakh bighas of land have been allocated to different companies for solar power plants across the state.

      Anil Chhangani, HOD of Environmental Science at Maharaja Ganga Singh University, Bikaner, claimed that an estimated 30 lakh trees, mostly Khejri, have already been lost in recent years due to solar plant construction in the western region.

      "Khejri is not just a tree; it is life in the desert. It enhances soil fertility, supports biodiversity, provides fodder and even food. Losing it at this scale is ecological suicide," he said.

      Chhangani claimed that to meet the production target by 2030, it will require 1.92 lakh acres of land and this will result in sacrificing approximately 38.54 lakh trees in the next five years.

      Activist Vishek Vishnoi said that with the growth, public anger is growing.

      "Lands, which were designated for Oran (a sacred forest) and grazing, are also being allocated to private solar energy companies, resulting in a shortage of fodder for animals and causing numerous difficulties for the local population," Vishnoi said.

      Rajasthan has emerged as a national leader in solar energy, leveraging its vast stretches of flat, arid land and abundant sunlight. With solar radiation levels averaging between 6 and 7 kWh/m ²/day and over 325 clear sunny days annually, the state offers ideal conditions for large-scale solar and wind power projects.

      Rajasthan's solar power potential has been assessed at 142 GW, making it one of the most promising regions in the country for solar development.

      As of now, Rajasthan ranks first in the country in solar energy, with an installed capacity of 22,860.73 MW.

      In overall renewable energy capacity, the state holds the second position nationwide, with a total installed capacity of 28,617 MW.

      Khejri (Prosopis cineraria) covers nearly two-thirds of Rajasthan's area and has deep economic, cultural, and spiritual significance.

      Its pods, called sangri, are one of the ingredients of the famous Rajasthan dish 'Panchkuta', cooked with five vegetables. The dried green beans of the khejri are stored and used for cooking throughout the year.

      Its bark, according to some documents, was once used as flour during the 1869 famine. Its pods feed livestock, its leaves are fodder and its nitrogen-fixing roots enrich the soil.

      The tree holds sacred status, especially among the Bishnoi community, who historically sacrificed their lives to protect it.

      In 1730, 363 villagers led by Amrita Devi Bishnoi laid down their lives in Khejarli village to stop the king's men from felling Khejri trees for palace construction.

      Their sacrifice inspired India's modern environmental consciousness and later movements like the Chipko Movement of the 1970s.

      Green twigs of Khejri are worshipped in homes on Janmashtami (the birth day of Lord Krishna, as per Hindu traditions). It is a symbol of Lord Krishna in some districts of Rajasthan.

      India Post even issued a stamp on the Khejri tree in 1988. PTI SDA APL RT RT

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