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    Union Minister of Commerce & Industry Shri Piyush Goyal leaves for Singapore for 4th India-Singapore Ministerial Roundtable and 4th India-Singapore Bu...
    IDFC FIRST Bank successfully accesses international debt capital markets with maiden US$500 million bond issuance
    Any attempt to defame CAS by manipulation will be dealt with sternly, warns Sebi's Pandey
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August 19, 2026
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Comprehensive strategic partnership drives ministerial and business engagements on investment, market access, technology collaboration, skills and agri-food trade.
India-Singapore economic engagement is being advanced through ministerial and business roundtables under the Comprehensive Strategic Partnership. A multidisciplinary business delegation is undertaking business-to-business, government-to-business and institutional engagements focused on partnerships, investment, market access, technology collaboration and talent development. Agricultural trade cooperation includes promotion of Indian agri-food exports through a retail initiative. The engagement seeks to strengthen trade, investment, digitalisation, advanced manufacturing, skills development, green-economy cooperation and people-to-people ties.
August 19, 2026
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International senior notes issuance diversifies the bank's funding sources and expands access to global debt capital markets.
IDFC FIRST Bank accessed international debt capital markets through its IFSC Banking Unit at GIFT City by issuing inaugural fixed-rate senior notes with a three-year tenor, due in 2029. The notes were offered to investors outside the United States under the Regulation S format. The issuance followed an investment-grade long-term issuer credit rating with a stable outlook, diversifies the bank's funding sources, and creates an avenue for access to global capital markets in support of long-term growth.
August 19, 2026
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Closing auction session safeguards market transparency through pooled order matching, backed by immediate action against manipulation and stronger monitoring.
Closing auction session (CAS) improves transparency and reduces manipulation in end-of-trading price formation by pooling buy and sell orders during a designated closing window for auction-style matching. Manipulation intended to undermine CAS is subject to prompt and stringent action, supported by enhanced monitoring. Responsible use of artificial intelligence and machine learning requires tiered accountability and governance, including kill-switch, human-in-the-loop and data controls. Regulated entities remain responsible for privacy, security and integrity of investor data used by every AI tool they deploy.
August 19, 2026
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Foreign exchange market movement shows rupee pressure from elevated crude prices, moderated by reserves, intervention and FCNR(B) inflows.
Foreign exchange market movement saw the rupee depreciate marginally against the US dollar amid higher global crude oil prices, heightened West Asia tensions, a stronger dollar environment and weaker domestic equity markets. Central-bank intervention and foreign fund inflows provided support. Adequate foreign-exchange reserves and stronger-than-expected FCNR(B) scheme inflows were identified as factors limiting the scope for sharp depreciation.
August 19, 2026
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AI reliability engineering expands through an enterprise hub supporting AI assurance, agentic engineering, observability and trusted AI deployment.
QualityKiosk Technologies has established a Hyderabad engineering hub to expand AI reliability engineering, AI assurance and agentic engineering capabilities. The centre supports engineering, marketing, branding, analyst-relations and advisory functions, while serving enterprise demand for AI reliability, product engineering, CloudOps and automation. It advances an AI reliability operating framework covering AI for reliability, reliability of AI, agentic engineering, shift-right engineering, frontier-system reliability, observability and platform-based delivery to promote governance, resilience, operational trust and assurance in AI-powered systems.
August 19, 2026
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Money laundering investigation examines alleged diversion of government contract funds and their use in creating trust and university assets.
Money-laundering investigation under the Prevention of Money Laundering Act led to searches of premises associated with the Maulana Mohammad Ali Jauhar Trust, its university, linked companies, promoters and a chartered accountant. The inquiry concerns alleged diversion of government contract funds through private contractors and their alleged subsequent use, including for creating assets of the Trust and university. Separate planning-law issues concern allegations that most university buildings were constructed without approved plans.
August 19, 2026
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Foreign exchange market conditions supported marginal rupee strength despite crude oil pressures, regional tensions and oil-company dollar demand.
Foreign exchange market conditions reflected a marginal strengthening of the rupee against the US dollar in early trading, supported by reported Reserve Bank of India intervention, a softer dollar index and foreign institutional equity inflows. Higher global crude oil prices, West Asia tensions and oil-company demand for dollars continued to exert pressure, resulting in a range-bound trading environment.
August 19, 2026
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Competition approval for Tata Steel's share acquisition restructures ownership of logistics joint venture following an existing partner's exit.
Competition approval has been granted for Tata Steel Ltd.'s acquisition of IQ Martrade Holding Und Management GmbH's entire 23% equity shareholding in TM International Logistics Ltd., resulting in IQ Martrade's exit. Following completion, Tata Steel and NYK (Europe) B.V. will hold 74% and 26% equity shareholding, respectively. TM International Logistics primarily serves Tata Steel's logistics and cargo transportation requirements through railway cargo transportation, port operations and cargo handling, freight forwarding, and value-added logistics services.
August 19, 2026
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Competition approval enables increased insurtech shareholding through a rights issue, crossing the prescribed ownership threshold in insurance businesses.
Competition approval has been granted for General Atlantic Singapore ACK Pte. Ltd. to acquire additional shareholding in Acko Technology & Services Private Limited through the target's rights issue, resulting in the acquirer crossing the 25% shareholding threshold on a fully diluted basis. The target is an Indian insurtech company with subsidiaries conducting licensed general and life insurance businesses, while another subsidiary awaits a corporate agency licence for insurance-policy distribution.
August 19, 2026
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India-Japan investment partnership prioritises technology, manufacturing and infrastructure collaboration, with Uttar Pradesh positioned for deeper Japanese commercial engagement.
India-Japan economic cooperation is positioned for deeper investment and commercial partnerships in manufacturing, technology, infrastructure, energy, defence, artificial intelligence, semiconductors, critical minerals, batteries and next-generation mobility. Uttar Pradesh is identified as a prospective destination for Japanese investment because of its workforce, connectivity, manufacturing base, MSME sector, export capacity, transport infrastructure and industrial clusters. Investment facilitation is associated with reforms in ease of doing business, digital public infrastructure and multimodal logistics.
August 19, 2026
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Carbon border adjustment compliance requires reliable emissions data, reporting, accreditation and verification throughout exporters' supply chains.
European Union Carbon Border Adjustment Mechanism compliance requires exporters to address covered products, embedded-emissions calculation, data collection, reporting, accreditation and verification. Preparedness across the export value chain depends on timely emissions data from suppliers and other stakeholders, supported by credible verification mechanisms. Capacity-building and engagement seek to facilitate workable compliance with evolving sustainability-related international trade requirements.
August 19, 2026
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Youth banking engagement promotes sustained customer relationships through digital access, campus outreach and financial support across evolving life stages.
Public Sector Banks and Public Financial Institutions are urged to implement actionable strategies with clear ownership and realistic timelines. Youth banking engagement is to be strengthened through a focused campaign, a common digital access platform and physical outreach, supporting young customers' evolving financial needs. Priority sector lending requires granular monitoring, early identification of target gaps and productive credit flow to intended beneficiaries. Agriculture and horticulture value-chain financing may cover farmer producer organisations, storage, processing, logistics and market linkages, while credit card strategies include digital onboarding, cross-selling and RuPay-UPI integration.
August 18, 2026
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Port connectivity obligations shape Vizhinjam export-import operations, logistics integration, infrastructure acceleration, and scrutiny of prior stakeholder notification.
Vizhinjam port concession obligations include road and rail connectivity to maximise the benefits of export-import operations. The State government proposes land acquisition funding for a ring-road project, is engaging with central ministries on rail connectivity, and is seeking to expedite national-highway construction. Mission Samudra is intended to connect Cochin port and 18 mini ports with Vizhinjam to support lower-cost, faster exports. Concerns were also raised over the State government not receiving prior intimation of a proposed stake transfer in the port project company.
August 18, 2026
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Public sector banking competitiveness requires distinct institutional strengths, early capability building and strategic support for economic growth priorities.
Public sector banks are urged to use their customer base, branch networks, geographic reach, institutional experience and digital capabilities to build stronger competitive positions and leadership. Each bank may develop distinct areas of excellence based on geography, customer relationships, sectoral expertise, technology capabilities or international presence. Strategic priorities include deposit mobilisation, banking for youth, support for investment and global capability centres, agriculture and horticulture infrastructure, credit-card business reorientation and priority sector lending.
August 18, 2026
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Youth-focused banking requires public sector banks to deliver personalised digital services, financial awareness, and responsible credit engagement.
Public sector banks are urged to implement sustained youth-focused banking through campus outreach, simple personalised round-the-clock services, dedicated youth support and financial awareness. Engagement should develop long-term relationships beyond account opening while preserving prudential standards. Youth should receive guidance on the formal credit ecosystem, including credit scores, credit history, bank credit products and government credit schemes, to support responsible credit discipline and future financial needs. A dedicated portal may provide a single access point for banking awareness and suitable financial opportunities.
August 18, 2026
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Taxpayer service improvement and litigation reduction guide administrative planning for stronger infrastructure, systems, coordination and future tax department functioning.
Improvement of taxpayer services, reduction of tax litigation, infrastructure strengthening and preparation of an actionable roadmap for future Income Tax Department functioning were considered as operational priorities. Deliberations covered e-HRMS, service matters, reservation policy, systems administration, capacity building, expenditure budgeting, TDS administration, inter-agency coordination, and office infrastructure. Officials identified institutional challenges and priorities for strengthening taxpayer-facing and internal departmental functions.
August 18, 2026
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Duty-free UK market access strengthens export opportunities for Indian goods and services, supporting MSMEs, agriculture, manufacturing and global value-chain participation.
India-UK Comprehensive Economic and Trade Agreement provides duty-free access to the UK market for nearly all Indian exports and may improve the competitiveness of Haryana's manufacturing, agricultural, MSME and services sectors. Preferential access covers products including textiles, engineering goods, auto parts, processed foods and pharmaceuticals, while agricultural exports remain subject to exceptions for sensitive products. The agreement also provides market access across 137 UK services sub-sectors, supporting IT, digital, professional, financial and technical services and facilitating global value-chain participation.
August 18, 2026
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Youth banking outreach promotes campus engagement, financial awareness, responsible credit discipline and long-term access to formal banking services.
Public sector banks are urged to conduct a month-long "Banking for Youth" outreach campaign from 2 October 2026 for persons above 16 years of age. Outreach through educational and skill-development campuses should combine account opening, financial awareness and direct engagement. Banks should develop tailored youth strategies to build long-term banking relationships. Proposed measures include online learning content, lifestyle-linked benefits, dedicated youth banking support, and awareness of credit scores, credit products and government credit schemes. A dedicated youth banking-awareness portal may serve as a single access point for appropriate banking services and financial opportunities.
August 18, 2026
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Competition approval for Prudential's acquisition of equity shareholding in an Indian life insurer supports the proposed insurance-sector combination.
Competition approval has been granted for Prudential Corporation Holdings Limited to acquire certain equity shareholding in Bharti Life Insurance Company Limited. The acquirer is the holding company for its group's insurance and asset-management operations in Asia and supports operations in Asia and Africa. The target is an IRDAI-licensed Indian life insurer.
August 18, 2026
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Foreign remittance certification due diligence faces nationwide verification targeting shell entities, their controllers, and certifying professionals.
Nationwide verification of suspicious outward foreign remittances targets entities with little or no reported business activity, their controllers, and professionals issuing tax determination certificates. Scrutiny concerns remittances disproportionate to reported turnover, inconsistent with stated purposes, or linked to entities not operating from declared addresses. Form 15CB, or Form 146 under the corresponding framework, requires certifying accountants to assess taxability from books of account and relevant records, supporting tax deduction at source and treaty compliance through due care, diligence and professional judgment.

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HIGHLIGTS

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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