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    Bank unions threaten nationwide strike on Sep 11 to press for 5-day banking, other demands
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August 24, 2026
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Five-day banking and uniform performance incentives drive proposed bank union action over unresolved pension and employment demands.
Banking labour relations are affected by proposed nationwide industrial action over five-day banking, performance-linked incentives, and pension-related demands. Five-day banking remains pending despite a bipartite arrangement for extended weekday hours. Unions dispute an incentive scheme that differentiates awards by seniority and individual performance, contending that it departs from bank-level performance linkage and uniformity across cadres. They also allege that implementation during pending conciliation breaches a status quo obligation, while pension revision, uniform dearness allowance, and a pension-scheme switch option remain unresolved.
August 24, 2026
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Free trade agreement strategy expands preferential market access and supports India's integration into global value chains and investment partnerships.
India's free trade agreement strategy seeks to expand preferential market access and integrate the country into global value chains as a trusted trading partner. Negotiations with additional country groups and individual nations are intended to extend agreement coverage to a substantial share of global trade. Investment opportunities are identified in data centres, manufacturing and artificial intelligence, alongside an objective of developing more balanced trade relations between India and Japan.
August 24, 2026
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Foreign exchange market conditions supported rupee appreciation, but crude prices, importer demand and geopolitical sanctions concerns limited gains.
Foreign exchange market conditions supported a modest early appreciation of the rupee against the US dollar due to relative dollar softness. The gain was limited by elevated crude oil prices, importer demand for dollars, and caution over anticipated sanctions affecting Iranian oil trade, banking networks and shipping routes. Currency markets remained sensitive to geopolitical uncertainty and possible wider trade effects.
August 23, 2026
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Undeclared gold importation led to customs interception, seizure, arrest and continuing investigation after concealment inside passenger clothing.
Customs enforcement against undeclared gold importation involved interception of a passenger arriving from Sharjah at Ahmedabad airport following passenger profiling. A gold chain concealed inside clothing was recovered after it was not declared for customs purposes. The chain was seized and the passenger was arrested under the Customs Act, 1962, before being released on bail, with further investigation continuing.
August 23, 2026
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Digital arrest cyber fraud used impersonation, forged notices and coercive video calls to obtain transfers through mule accounts.
Digital arrest cyber fraud allegedly used impersonation of law-enforcement and central banking officials, fabricated notices, threats of arrest and continuous video communications to coerce a retired railway employee into disclosing financial details and transferring funds for purported verification. The alleged proceeds were routed through mule and shell accounts. Banking records, KYC details, digital evidence and transaction trails allegedly connected a recipient account with suspicious transactions and multiple cyber-fraud cases; part of the cheated amount was recovered or refunded.
August 23, 2026
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Political targeting allegations challenge money-laundering enforcement actions, searches, questioning, and public disclosures in the CMRL investigation.
CPI(M) alleges that enforcement action under the Prevention of Money Laundering Act in the CMRL matter is politically motivated targeting of Pinarayi Vijayan, family members and party associates. It contends that searches, questioning and public communications during the investigation were used to create suspicion without incriminating evidence, and characterises references to hawala as a new investigative narrative. The party also alleges selective anti-money-laundering enforcement against opposition leaders and states that the company will address the CMRL-related matter.
August 23, 2026
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Money-laundering investigation into alleged liquor transport irregularities results in arrests connected with claimed loss to the government exchequer.
Money-laundering proceedings concerning alleged financial irregularities in liquor transport led to the arrest of former Andhra Pradesh minister Karumuri Nageswara Rao under the Prevention of Money Laundering Act. The inquiry concerns alleged wrongful loss to the government exchequer arising from liquor-transport operations. Investigative measures included raids and the arrest of Rao's son, along with arrests of a former state beverages corporation managing director and the person described as the principal accused.
August 23, 2026
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Alleged LLP record forgery raises cheating, breach of trust and conspiracy concerns over unauthorised partnership interest changes.
Alleged forgery, cheating, criminal breach of trust and conspiracy concern purported unauthorised changes to LLP statutory records filed with the Registrar of Companies. The allegations include use of false documents to remove a nominated partner, substitute another person as partner and transfer a partner's interest in the LLP. The matter also draws attention to separate land-collaboration allegations and delayed possession claims by homebuyers in a halted housing project.
August 23, 2026
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Voluntary production curtailment addresses polyester yarn cost volatility as weaving units seek customs-duty relief on inputs.
Voluntary production curtailment by weaving units is being adopted in response to increased polyester yarn and related input costs. Units may reduce shifts or observe periodic holidays according to individual commercial feasibility to limit yarn consumption until prices and fabric-market conditions stabilise. Industry representatives allege that yarn-price increases exceed corresponding input-cost movements and seek examination of possible artificial pricing, along with customs-duty relief on yarn and relevant inputs.
August 22, 2026
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Retaliatory tariffs escalate trade restrictions as historic tariff authority enables duties without prior investigation or a prescribed duration.
Retaliatory tariffs are set to escalate bilateral trade restrictions after the United States imposed tariffs of up to 50 per cent on specified Canadian imports. Canada proposes dollar-for-dollar countermeasures covering sectors including steel, dairy, appliances, agricultural equipment, pulp and paper and electronics. Section 338 of the Tariff Act of 1930 is invoked as the legal basis for the United States measures, permitting presidential import duties up to 50 per cent without a prior investigation or prescribed maximum duration. Escalation creates uncertainty for supply chains and renewal of the United States-Mexico-Canada Agreement.
August 22, 2026
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Reciprocal tariffs reshape Canada-United States trade relations, increasing supply-chain risks and accelerating Canadian trade diversification beyond its primary export market.
Canada-United States trade relations are described as entering a confrontational phase after tariff negotiations collapsed. The United States imposed tariffs on specified Canadian goods, while Canada committed to reciprocal import taxes and suspended negotiations. The dispute marks a retreat from preferential market access and continental integration. Canada's export dependence on the United States may limit retaliation and increase risks to output, employment, investment and integrated supply chains. Trade diversification, non-United States investment and expanded Pacific export infrastructure are identified as responses to a potentially enduring protectionist bilateral relationship.
August 22, 2026
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Retaliatory tariffs on United States goods will target key sectors after trade negotiations failed and reciprocal tariff relief was unavailable.
Retaliatory tariffs on United States goods will take effect from 8 September in response to United States tariffs on Canadian products and unsuccessful negotiations. The dollar-for-dollar measures will cover steel, dairy, appliances, agricultural equipment, pulp and paper, and electronics, with product-specific details to follow. Canada had been willing to remove certain retaliatory tariffs if corresponding United States tariffs were substantially reduced, but considered the final demands unacceptable.
August 22, 2026
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Power tariff revision faces political opposition over increased consumer electricity costs and conflict with prior free-electricity commitments.
Power tariff regulation in Jammu and Kashmir and Ladakh has been revised through approval of an average tariff increase, effective from 1 September 2026. Political representatives have opposed the increase on the ground that it adds to consumer hardship amid unemployment, inflation, and sectoral difficulties. The criticism also contrasts the revised tariff with prior commitments concerning free domestic electricity and gas.
August 22, 2026
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Recruitment examination integrity prompted enforcement scrutiny and proposed disciplinary inquiry, while an officer's absence was attributed to family emergency.
Reported absence of an IAS officer was attributed to a family medical emergency and a pending leave request, rather than enforcement searches concerning an alleged recruitment-examination scam. The officer denied any connection with those searches and expressed willingness to face an inquiry. Enforcement searches at the Karnataka Public Service Commission concerned a money-laundering investigation into alleged recruitment irregularities. The State Cabinet decided to advise suspension of the commission chairperson and initiation of an inquiry after an earlier suspension was set aside for lacking the Cabinet's aid and advice.
August 22, 2026
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Money-laundering and benami asset allegations prompt enforcement proceedings, while the accused officer's brother calls the action selective targeting.
Enforcement proceedings under the Prevention of Money Laundering Act concern allegations that suspended police officer Vijay Choudhary managed numerous assets through benami transactions and engaged in money laundering. An Anti-Corruption Bureau FIR had already been registered in relation to the allegations. Surinder Choudhary characterised the action as selective targeting but maintained that investigating agencies and the judiciary should address and decide matters concerning his family.
August 22, 2026
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Specialised dispute resolution requires technical expertise, timely proceedings, mediation support, and human oversight to safeguard natural justice.
Specialised, timely and effective dispute-resolution mechanisms are necessary for technically complex disputes in telecom, broadcasting, airport tariffs and cyber sectors. Technology may assist legal reasoning but cannot replace judicial reasoning, requiring verification, professional responsibility and meaningful human oversight. Effective specialised adjudication should combine domain expertise with judicial discipline, respond to technical complexity, and protect natural justice, transparency and reasoned decision-making. Mediation and other consensual mechanisms can support dispute resolution.
August 22, 2026
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Form 15CB certification faces scrutiny where inadequate verification allegedly enables foreign remittances through shell companies and false certificates.
Alleged misuse of Form 15CB certification has resulted in criminal proceedings concerning certificates issued for foreign remittances without verification of underlying documents. Form 15CB requires certification of applicable taxability and tax-deduction particulars for specified remittances to non-residents before processing by an authorised dealer. The allegations concern certificates that potentially enabled cross-border transfers through shell or non-existent companies, involving cheating, false certification, false evidence and common intention.
August 22, 2026
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Beginner stock market investing requires regulated accounts, risk-aware financial planning, diversification and informed company assessment before purchasing securities.
Beginner stock market investing requires a bank account, a trading or broking account with a SEBI-registered broker, and a Demat account for electronic holding of securities. Investments involve risk of loss and should align with financial goals, time horizon and loss-bearing capacity. Investors should understand primary and secondary markets, distinguish long-term investing from short-term trading, assess companies before purchase, diversify holdings, consider charges, maintain records and avoid borrowed-money investing, rumours and momentum-driven decisions.
August 22, 2026
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Capacity-based tobacco taxation targets undeclared packing machinery used for clandestine production and clearance without indirect tax payment.
Clandestine manufacture and clearance of pan masala, scented jarda and tobacco products without registration or payment of GST, HSNS Cess and central excise duty was detected through an intelligence-led search. Undeclared Form-Fill-Seal packing machines, workers, finished goods, raw materials, transport vehicles, packing materials and records indicated unaccounted production and clearance. Capacity-based monthly HSNS Cess for pan masala is computed according to the number, type and capacity of installed packing machines, while a corresponding capacity-based central excise levy applies to chewing tobacco, jarda and gutkha.
August 22, 2026
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Trade exhibition connects Korean exporters with Indian buyers through sector-specific consultations and certification guidance for market entry.
KoINDEX 2026 is a business-to-business trade exhibition bringing Korean manufacturers and exporters together with buyers in India and South Asia. It focuses on beauty and personal-care products, processed and functional foods, and construction, building and safety products. Commercial engagement includes pre-matched export consultations with project owners, contractors, distributors, wholesalers, e-commerce platforms and food distribution businesses. A seminar addresses Bureau of Indian Standards certification and market-entry requirements for Korean products entering the Indian market.

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August 6, 2025

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New Delhi, Aug 6 (PTI) Following are the top stories at 9.15 pm: NATION DEL107 PM-CHINA-2NDLD VISIT

As part of 2-nation trip, PM Modi expected to visit China later this month New Delhi: After a gap of over seven years, Prime Minister Narendra Modi is expected to travel to China later this month to attend the annual summit of the Shanghai Cooperation Organisation (SCO), people familiar with the matter said on Wednesday.

DEL109 2NDLD UTTARKASHI

Rescuers retrieve two bodies in Dharali amid bad weather; NDRF team reaches site Uttarakashi (Uttarakhand): As the sun set over the flood-ravaged Himalayan village of Dharali with 190 people rescued and two bodies recovered on Wednesday, fears mounted for those still trapped under the massive river of sludge that buried scores of houses, trees and cars.

DEL78 OPPN-PAR-LD LOGJAM

Oppn suggests debate on 'electoral reforms' as 'middle path' to end parliament logjam on SIR New Delhi: The Opposition has proposed allowing a discussion on "electoral reforms" as a "middle path" to end the deadlock in Parliament over the demand for a debate on the Special Intensive Revision (SIR) of electoral rolls in Bihar, according to sources within the opposition parties.

DEL104 VP POLL-LD SHINDE

Eknath Shinde meets PM Modi, Amit Shah; announces support to NDA for vice-presidential poll New Delhi: Shiv Sena leader and Maharashtra Deputy Chief Minister Eknath Shinde on Wednesday announced his party's "unconditional support" to the BJP-led alliance, of which he is a key member, for the vice-presidential election scheduled for September 9.

DEL53 PM-KARTAVYA BHAVAN-LD INAUGURATION (RPT)

PM Modi inaugurates Kartavya Bhavan New Delhi: Prime Minister Narendra Modi on Wednesday inaugurated Kartavya Bhavan, the first of the 10 upcoming Common Central Secretariat buildings which will house offices of all ministries.

PAR17 LS-2NDLD SIR-RIJIJU

Bihar SIR cannot be discussed in House as matter before Supreme Court: Rijiju in Lok Sabha New Delhi: Turning down the Opposition's demand for a discussion on electoral roll revision in Bihar, the government asserted in the Lok Sabha on Wednesday that matters pending before the judiciary cannot be discussed on the floor of the House.

DEL111 DL-TL-CM 2ND LD PROTEST

Telangana CM leads protest in Delhi for Prez nod to state backward classes quota bills New Delhi: Telangana Chief Minister A Revanth Reddy on Wednesday led a protest at the Jantar Mantar here to demand Presidential assent for the Backward Classes reservation bills and alleged that the BJP-led central government was stalling the bills passed by the state legislature as it was "anti-OBC".

DEL83 UKD-CLOUDBURST-EXPERTS

Did cloudburst cause Uttarkashi flash flood? Experts say rain data doesn't support claim Dehradun: A cloudburst in the upper catchment of the Kheer Ganga river is widely believed to have triggered the flash flood in Uttarkashi's Dharali, but experts feel the amount of rain the Uttarkashi district received on Tuesday was not enough for it to be termed a "cloudburst".

DEL70 JK-LD OMAR

Wrote to parties to push for bill on restoration of JK's statehood in Parliament: Omar Abdullah Srinagar: Chief Minister Omar Abdullah on Wednesday said he has written to several parties with a sizeable presence in Parliament, seeking their support for the introduction of a bill for the restoration of Jammu and Kashmir's statehood in the ongoing Monsoon session.

BOM31 MH-PIGEONS-3RDLD PROTESTERS

Ruffled feathers: Protesters remove tarpaulin from Mumbai pigeon feeding spot, clash with cops Mumbai: High drama unfolded in Mumbai's bustling Dadar area as angry protesters on Wednesday morning forcibly removed the tarpaulin put up by the city civic body to cover a popular pigeon feeding spot in compliance with a Bombay High Court order, leading to clashes with police.

BOM28 MH-ELEPHANT-2ND LD RELOCATION

Vantara proposes rehab centre for ‘Madhuri’ near Kolhapur Mumbai: Vantara, the Jamnagar-based animal rehabilitation centre, on Wednesday proposed to work in close coordination with Maharashtra Government and the Jain math to establish a satellite rehabilitation centre for elephant Madhuri (also called Mahadevi) at Nandani in Kolhapur district.

CAL37 OD-STUDENT-LD IMMOLATION

Odisha: College student immolates self after ex-boyfriend threatens to upload intimate pics Kendrapara (Odisha): A female college student died after she allegedly immolated herself at her house in Odisha's Kendrapara district on Wednesday following her former boyfriend's threat to upload her intimate photographs on social media, police said.

MDS9 TN-ECONOMIC GROWTH-LD CM

Stalin says Tamil Nadu's economic growth has increased to 11.19 per cent Chennai: Tamil Nadu Chief Minister M K Stalin on Wednesday said that under the Dravidian model regime, the state's economic growth has increased to 11.19 per cent, touching a new high.

BUSINESS DEL102 BIZ-2NDLD RBI

RBI keeps interest rates unchanged amid uncertainty over Trump's tariffs Mumbai: The Reserve Bank of India (RBI) kept its policy interest rate unchanged on Wednesday as it appeared to have taken a wait-and-watch approach to assess the full unveiling of US President Donald Trump's trade policies as well as transmission of past rate cuts.

PAR19 LS-LD SHIPPING-BILL

LS passes Merchant Shipping Bill; second Bill to be passed in Monsoon session amid din New Delhi: A bill to expand the eligibility criteria for ownership of merchant shipping vessels and provide for investigation and enquiries on marine casualties was passed by the Lok Sabha on Wednesday, after a brief discussion as the Opposition continued with its protests seeking discussion on poll roll revision in Bihar.

LEGAL LGD15 SC-TN-LD WELFARE SCHEMES

SC junks HC order asking TN govt not to use names, photos of CM in welfare schemes New Delhi: In a major victory for the DMK, the Supreme Court on Wednesday set aside an order directing the Tamil Nadu government not to use the name and photos of Chief Minister M K Stalin and other party stalwarts in state welfare schemes.

LGD30 SC-WOMEN ARMY OFFICERS-LD PC

Female, male Army officers can't be evaluated for permanent commission on same criteria, SC told New Delhi: The Supreme Court on Wednesday informed that female and male officers of the Indian Army, comprise two unequal and distinct classes, and can't be considered together for grant of permanent commission on the same criteria and cut-off marks.

LGD24 SC-HAND RICKSHAWS-MATHERAN

SC orders end of ‘inhuman’ hand-pulled rickshaws in Maharashtra's Matheran New Delhi: Dismayed over the use of hand-pulled rickshaws even after 78 years of country's independence, the Supreme Court on Wednesday directed the Maharashtra government to stop the “inhuman” practice within six months in Matheran and switch to e-rickshaws instead.

LGD22 SC-SEXUAL VIOLENCE

Sexual violence by parent tears through foundational fabric of familial trust: SC New Delhi: Observing incestuous sexual violence by a parent "tears through" the foundational fabric of familial trust, the Supreme Court has upheld a man's punishment for raping his minor daughter.

LGD21 DL-HC-DOGS-REHABILITATION

Dog great friend of humans, should be treated nicely: Delhi HC New Delhi: The Delhi High Court on Wednesday said dogs were "great" friends of humans and should be treated nicely as it called upon authorities to ensure dog-human conflict should be minimised in the capital.

FOREIGN FGN39 BIZ-US-INDIA-LD TARIFF

Trump doubles tariff on India to 50 pc for buying Russian oil Washington/New Delhi: US President Donald Trump on Wednesday slapped an additional 25 per cent tariff on goods coming from India as penalty for New Delhi's continued purchase of Russian oil, a move that is likely to hit sectors such as textiles, marine and leather exports hard.

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