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    Rupee falls 8 paise to 95.38 against US dollar in early trade
    Punjab Assembly passes nine key bills
    Mumbai court denies nod to Nirav Modi's sister to record her statement via video link in PNB case
    'Organised loot' of Rs 2.86 lakh crore from people's pockets: Surjewala accuses govt
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    Pesticide residues found in 58 food samples tested in Kerala, says Minister Siddique
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    India's Russian crude imports hit record for second straight month
    Stolen phone of 88-year-old leads Delhi Police to bust interstate cyber-fraud syndicate; 9 held
    Rupee falls 11 paise to close at 95.28 against US dollar on firm crude oil prices
    Loan Utsav 2026: Bajaj Finance Personal Loan Now Comes with an Exclusive Reward Bundle for Eligible Customers
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August 11, 2026
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Rupee exchange-rate pressure intensified as crude oil, regional uncertainty and weaker equities constrained the local currency in early trade.
Foreign-exchange market conditions placed the rupee under pressure against the US dollar amid West Asia uncertainty, higher crude oil prices, and weaker domestic equity markets. Foreign institutional investor inflows and Reserve Bank of India intervention supported the rupee and limited further depreciation. Reported dollar sales through state-run banks helped contain downside pressure despite rising Brent crude prices and uncertainty concerning the Strait of Hormuz.
August 10, 2026
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GST refund facilitation expands provisional input tax credit refunds and removes the minimum threshold for export-related IGST refunds.
Punjab's GST amendments facilitate voluntary compliance and reduce procedural burdens by allowing a 90 per cent provisional input tax credit refund in inverted duty structure cases and removing the minimum threshold for IGST refunds on exported goods. Additional measures cap annual fee increases by private unaided educational institutions, establish digital open universities for technology-enabled higher education, protect trees and green cover, and address common infrastructure, panchayati raj, and contractual engagement of outsourced State personnel.
August 10, 2026
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Video-conference statements for an approver application were declined, requiring the accused's statement to be recorded before consideration.
Special CBI Court rejected an accused's request to record her statement through video conferencing in a bank-fraud prosecution. The accused had sought to become an approver, and her statement was required to be recorded before consideration of that application. She and her husband had previously become approvers in a related money-laundering matter involving alleged fraudulent Letters of Undertaking.
August 10, 2026
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Fuel price transparency highlights allegations over excise duty, consumer retail costs, and profit disclosures by state-run oil marketing companies.
Fuel pricing, central excise duty and profits of state-run oil marketing companies are examined through allegations that retail fuel prices and tax policy imposed excessive costs on consumers while generating substantial company profits. The criticism contrasts high crude-price periods with lower retail prices and lower excise duty against a later period in which reduced crude prices were allegedly not passed through to consumers. Profit-margin disclosure is also raised as a transparency issue, with parliamentary information described as covering oil prices, global crude prices and company profits.
August 10, 2026
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Discharge in money-laundering proceedings turns on whether pre-charge material sufficiently establishes the alleged offence.
Discharge in a money-laundering prosecution was sought before a special PMLA court concerning alleged siphoning and laundering of loans advanced to Jet Airways by Canara Bank. The prosecution was directed to respond, subject to the applicant not seeking adjournment. Discharge is available after filing of a chargesheet and before framing of charges where the material before the court is insufficient to establish the alleged offence. The proceedings arise from a CBI FIR concerning alleged bank fraud involving Jet Airways and associated persons.
August 10, 2026
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High-speed rail indigenisation and infrastructure performance monitoring require skills development, comparative planning, measurable station assessments and freight-terminal dashboards.
Parliamentary oversight calls for accelerated indigenisation of high-speed rail components, capacity-building through international expertise, and comparative study of successful high-speed rail systems for future corridors. Redeveloped stations should be assessed through measurable indicators concerning passenger use, accessibility, cleanliness, commercial occupancy, maintenance and feedback, with completed-project practices documented and shared. Operational cargo terminals and cargo-related facilities should be monitored through a digital dashboard covering utilisation, rake performance, mechanisation, connectivity, safety compliance and customer satisfaction.
August 10, 2026
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MSME and export promotion framework expands finance, technology, infrastructure, sustainability and global-market support for enterprise growth.
Haryana Progressive MSME and Export Promotion Policy 2026 creates a five-year framework for MSME growth through financial incentives, institutional support, industrial infrastructure, technology adoption and export facilitation. Identified thrust-sector enterprises may receive capital and interest subsidies, stamp duty reimbursement, employment assistance, insurance support, and incentives for automation, artificial intelligence, testing and research. Proposed venture capital and credit guarantee funds seek to improve institutional and collateral-free finance. Export support covers international certifications, credit, insurance, freight, e-commerce, trade fairs, documentation, compliance and buyer connections, alongside sustainability and inclusive entrepreneurship measures.
August 10, 2026
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Employee data exposure alerts trigger review of alleged password spraying and MFA fatigue, with customer and operational systems unaffected.
Employee data exposure alerts prompted TCS to review allegations concerning limited basic employee information that appears to be more than four years old. No indication exists that customer data, customer systems, or operational systems have been affected. The alleged vectors involve password spraying and multi-factor authentication fatigue. TCS states that safeguards against these techniques have been in place for more than two years, its controls remain effective, and monitoring and further assessment will continue.
August 10, 2026
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Mustard honey export demonstrates FPO-led aggregation, quality-focused production and industry collaboration for international agricultural market access.
Mustard honey export from Tripura to Dubai marks the first international shipment by Dergang Farmer Producer Organisation, supported through export-oriented aggregation and market linkage initiatives. The export creates overseas market access for local beekeepers and farmers, diversifies the honey value chain, and encourages quality-focused production. Industry collaboration supported bee production and an export-oriented supply chain, while capacity building, quality assurance, value addition and market linkages can strengthen agricultural exports and farmer participation in international markets.
August 10, 2026
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Digital banking evidence gains recognition through a modernised framework for physical and electronic records, with privacy and security safeguards.
The Bankers' Books Evidence Bill, 2026, modernises the evidentiary framework for bankers' books by permitting banking records to be produced in physical or electronic form in legal proceedings. It recognises electronic, digital and virtual records and enables the Central Government to extend the regime to other regulated financial entities, supporting a uniform financial-sector evidentiary framework. The framework seeks secure and transparent use of banking records while safeguarding customer privacy, confidentiality and data security.
August 10, 2026
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Illicit opioid medicine exports exposed through concealed cargo, clandestine manufacturing, repacking, and attempted transnational trafficking to Nigeria.
Illicit manufacture and attempted export of controlled opioid medicines were detected in a network producing, concealing, storing and exporting Tramadol Hydrochloride tablets to Nigeria. A consignment declared as Pregabalin capsules contained concealed Tramadol Hydrochloride and Tapentadol tablets. Investigation identified clandestine manufacture, repacking and preparation for export, with searches yielding tablet-compression machinery and raw materials. Tramadol is a psychotropic substance under the Narcotic Drugs and Psychotropic Substances Act, while Tapentadol is regulated under the Drugs and Cosmetics Act and its rules.
August 10, 2026
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Summons compliance under anti-money-laundering law faces appellate scrutiny after acquittal over unproven email service allegations.
Delhi High Court required Arvind Kejriwal to reply to Enforcement Directorate petitions challenging his acquittal in proceedings concerning alleged non-compliance with summonses. The trial court found that the agency had not proved intentional disobedience, service of summons through email, or lawful issuance of electronic summons under the Prevention of Money Laundering Act. The appellate challenge concerns proof of service, validity of electronic summons, and intentional non-compliance.
August 10, 2026
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Pesticide residue concerns drive organic farming, school agriculture initiatives, infrastructure financing and climate-resilience support for farmers.
Food-safety concerns arising from pesticide residues and toxic substances are to be addressed through organic vegetable farming, household cultivation and the Kathir school-farming initiative. Kathir provides for institutional farming, teacher and committee support, markets, student training and clubs, with possible academic weightage for agricultural participation. Agricultural infrastructure financing supports post-harvest management, value addition, processing, packing, marketing and exports. Additional measures include banking support, agricultural technology adoption, women-farmer support and schemes addressing climate-related floods and drought.
August 10, 2026
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Digital EODC processing removes physical duty challans through authenticated payment verification for export authorisation closure.
Export Obligation Discharge Certificate processing under the Advance Authorisation and Export Promotion Capital Goods schemes no longer requires physical duty-payment challans for voluntary customs-duty payments made on or after 1 August 2026. Authenticated licence-wise payment information is electronically transmitted from Customs/ICEGATE to DGFT systems and mapped to the relevant authorisation. Exporters can verify payment details on the customer portal, while Regional Authorities use corresponding back-office records, replacing manual submission and verification for authorisation closure.
August 10, 2026
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Trusted service-call numbering requires verified utilities and logistics entities to use dedicated numbers exclusively for transactional and service communications.
The 1601-series is introduced for verified utilities, courier and logistics entities making service and transactional voice calls. Numbers must be allocated directly to eligible entities, not intermediaries or aggregators, following verification by telecom service providers and an undertaking of exclusive use. Promotional voice calls are prohibited on this series and remain associated with the 140-series. The framework separates these calls from the 1600-series reserved for regulated financial-sector and government-to-citizen communications, supporting consumer recognition of legitimate calls and reducing impersonation risks.
August 10, 2026
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GST revenue collection drives tax growth while data scrutiny, taxpayer verification, and compliance capacity remain key administrative priorities.
GST constituted the principal component of tax revenue for the 2025-26 fiscal year. Tax administration faces staff shortages, information-technology upgrade needs, and increased workloads from taxpayer registrations and return filings. Compliance oversight requires GST data scrutiny, risk assessment, identification of unregistered taxpayers, tax-evasion detection, and field verification of high-risk taxpayers. Long-term revenue planning sets progressively higher collection targets through 2063.
August 10, 2026
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Russian crude imports reshape India's refining trade as processed petroleum products reach sanctioning jurisdictions despite import restrictions.
Indian imports of Russian crude oil reached a second consecutive monthly record in July 2026, with Russian crude forming the dominant share of India's Russian fossil-fuel purchases and more than half of total crude imports. Higher receipts through smaller terminals offset reduced volumes at Paradip. Indian refineries processing Russian crude also exported refined petroleum products to sanctioning jurisdictions, including the European Union, Australia and the United States, despite the European Union prohibition on imports of oil products made from Russian crude.
August 10, 2026
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Cyber-fraud through stolen phones allegedly used mule accounts, banking credentials and coordinated technical operations to divert victims' funds.
Investigation into unauthorised withdrawals after theft of a mobile phone uncovered an alleged interstate cyber-fraud network using stolen devices, linked banking credentials and mule bank accounts. The scheme allegedly involved phone theft, supply of accounts and banking instruments, and a technical operation that accessed victims' accounts and routed funds for withdrawal or transfer. Digital surveillance, transaction mapping, seized devices, victim data and transaction records are being examined to identify linked complaints and the extent of funds allegedly diverted.
August 10, 2026
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Rupee depreciation reflected stronger dollar, elevated crude prices and geopolitical uncertainty, while portfolio inflows and equity gains provided support.
The rupee depreciated against the US dollar amid a stronger dollar, higher global crude oil prices and uncertainty surrounding West Asia-related negotiations. Concerns over crude oil's potential impact on the trade deficit weighed on the currency, while positive domestic equity markets and foreign portfolio investment inflows provided support. Market caution remained focused on forthcoming US inflation data, dollar-index movements and Brent crude prices. Foreign-exchange reserves increased during the reported period.
August 10, 2026
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Collateral-free personal loans offer extended repayment flexibility, conditional reward benefits, and online application subject to eligibility and disbursal requirements.
Loan Utsav 2026 provides eligible Bajaj Finance Personal Loan applicants an exclusive reward bundle where the loan is successfully disbursed during the campaign period. The collateral-free facility supports personal expenses, offers repayment tenures from 12 to 108 months, and may enable lower monthly EMI obligations through a longer selected tenure. Interest rates depend on eligibility, credit assessment, financial profile and lending criteria. Online applications require personal and financial details and required documents, with disbursal for eligible applicants possible after verification and approval.

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From Vision to Victory: Celebrating India's Most Impactful Achievers Unveiled by Kiteskraft Productions LLP

August 19, 2025

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CHANDIGARH, India, Aug. 18, 2025 /PRNewswire/ -- India's growth story is being shaped by visionary leaders whose strategic foresight and transformative leadership are redefining the nation's future. From Vision to Victory: Celebrating India's Most Impactful Achievers, an initiative by Kiteskraft Productions LLP, pays tribute to these trailblazers, innovators, and changemakers who are revolutionizing industries and driving profound societal change. Through bold ideas, unwavering commitment, and impactful contributions, they are not only empowering communities but also laying the groundwork for a more inclusive, dynamic, and progressive India. Dr. Akhilesh Patel: Dr. Akhilesh Patel, MBBS, MS (Surgery), FIAGES, EFIAGES, is a renowned surgeon and Director of National Hospital, Rewa (M.P.). A pioneer in cancer, laparoscopic, and GI surgeries, he has transformed healthcare access in the Vindhya region by introducing advanced procedures like laparoscopic hemicolectomy for colon cancer and complex oncological surgeries. Under his leadership, National Hospital evolved into an 80-bed multispecialty center with modern ICUs, modular OTs, and a dedicated cancer care unit. Honored with accolades like the Asian Excellence Award and Icons of India, Dr. Patel champions affordable cancer care and rural outreach. Through initiatives like Vindhya Cancer Care, awareness camps, and free treatment drives, he continues his mission to deliver 'metro-level healthcare to smaller cities.' Ms. Indu Verma: Indu Verma is a seasoned finance professional with over 20 years of distinguished experience in the hospitality industry. Currently serving as the Area Director of Finance at Grand Hyatt Gurgaon, she played an instrumental role in the hotel's pre-opening phase in 2022, setting up efficient financial systems and robust risk controls. Her career spans leadership roles across top hospitality brands such as Hyatt, Marriott, Hilton, The Leela, Oberoi, and IHG. Indu is known for her strategic thinking, financial acumen, and people-first leadership style, driving profitability, operational efficiency, and long-term growth. Her core strengths include budgeting, forecasting, compliance, taxation, auditing, and process improvement. Recognized as one of the Global 200 Power Leaders in Finance (2023), Indu exemplifies integrity, excellence, and accountability in every aspect of her leadership. Dr. Ramya Devarajan: Dr. Ramya Devarajan has been honored as the 'Indian Iconic Woman of the Year 2025' for her exceptional impact across education, performing arts, science, and social service. A passionate educator and Primary HOD at Hithashaala Public School, Bangalore, she empowers learners through inclusive and joyful classrooms. A cancer survivor turned motivational speaker, her journey is one of remarkable resilience. With a strong scientific background in pharmaceutical research and national-level presentations, she integrates inquiry-driven pedagogy into education. As a trained Bharatanatyam and Kathak dancer, and founder of Kalodaya Dance Institute, she uses art for healing and social change. Honored with multiple awards and honorary doctorates, Dr. Ramya continues to inspire through mentorship, writing, and advocacy—living her philosophy: "Let your scars be your syllabus—teach the world with what you've survived." Mr. Mohan & Jaya Georg Antony : Thanith Investments: A Visionary Force Reshaping Tomorrow Founded by Mohan (Annamalai University) and Jaya Georg Antony (Panimalar Engineering College), Thanith Investments is a purpose-driven enterprise redefining industry standards through strategic innovation. With a diversified presence across Real Estate, Education, Construction, IT Solutions, Manpower Consultancy, and Digital Marketing, Thanith fosters sustainable growth and impact. From MG Promoters crafting inspired living spaces, to Rafzon Institute of Education shaping future-ready minds, and RKR Designer & Developers delivering excellence in construction—each venture reflects quality and vision. Indydaze IT Solutions empowers businesses with cutting-edge tech, while Rafzon Business Solutions bridges talent and opportunity. Their digital marketing arm elevates brands through compelling storytelling. What sets Thanith apart? Strong leadership, innovation at its core, and a growth philosophy that empowers every client, partner, and investor to thrive. Dr. Mithun Deshpande: Dr. Mithun Deshpande, Jt. Secretary and Administrator of C.T.E. Society's International Public School, Chikkodi, Karnataka, is a trailblazer in transforming rural education in India. With a Doctorate in Literature from South American University, USA, he has led over 1000 impactful sessions aimed at uplifting rural students academically and personally. A recipient of prestigious honors like the Indian Icon Award 2021, the Iconic Leader Award 2024, and recognition from MFA, Government of India, in 2018, Dr. Deshpande is celebrated for his innovative, inclusive, and strategic approach to education. He is also actively involved in Indo–Sri Lanka educational collaborations. With a deep sense of purpose and unwavering commitment, he continues to redefine learning and leadership at the grassroots level. Dr. Nitai Pradhan : Dr. Nitai Pradhan, born on March 30, 1967, in Nagaon, Assam, has dedicated more than 20 years to education and social welfare. As Principal of Good Shepherd's Home English Medium High School since 1989 and Secretary of Nilanchal Unnayan Sanskritika Parishad, he has empowered countless lives through quality education and community initiatives. Under his leadership, the school has consistently achieved 100% pass results. Dr. Pradhan has pioneered projects in women and child welfare, sanitation, skill training, and free computer education. He founded a Short Stay Home for women in Tezpur and collaborated with government agencies for development programs. Honored with multiple awards, including an Honorary D.Litt. in 2025, he remains a beacon of hope and transformation across Assam. Jyotishacharya Ajay Kumar Agarwal : Jyotishacharya Ajay Kumar Agarwal, a Jaipur-based astrologer and Vastu expert, has over 20 years of experience in Vedic astrology. He has analyzed more than 200,000 horoscopes and is highly respected in medical astrology for accurately identifying health issues early, often saving lives. Known for his compassionate nature, he provides personalized remedies like mantras and lifestyle changes that have brought hope to many individuals and families. His guidance has even prevented suicides. He was honored as the 'Most Trusted and Accurate Astrologer of the Year' and featured in the Green Field London Book of World Records. Deeply committed to social service, he believes, 'Service is the highest form of spirituality.' Contact: [email protected] | Instagram: @bhavishyaphalastro8 Sohong Dhar: Bridging Data, AI & Innovation, Sohong Dhar is a distinguished Information Scientist known for his deep expertise in AI, data science, and digital library automation. He holds advanced degrees from prestigious institutions—Jadavpur University, IIT Madras, and Duke University's Pratt School of Engineering. With a keen interest in emerging technologies, he holds patents in swarm robotics and cybersecurity. Currently contributing at Google Brain, Sohong focuses on building resilient, data-driven systems that power real-world solutions. His work has significant impact across sectors such as healthcare, education, and advanced technology. Passionate about transforming analytical insights into innovation, Sohong embodies a rare blend of technical excellence and visionary thinking, making him a leading force in today's data-driven world. Dr. Santosh Rai: Dr. Santosh Rai is a renowned academician, educationist, and motivational speaker whose journey exemplifies a deep commitment to learning and transformation. With a PhD, Doctor of Business Administration, several Master's degrees, and over 20 diplomas, he holds a rare academic portfolio. His efforts have earned him over 40 national and international honors, including the 'Glory of India Award' (London) and 'Global Education Leadership Award' (Nepal), along with world records for the 'Most Degrees Earned in 10 Years' and 'Largest Business Card.' As Director of Professional Career & Computers, Bhilai, he has driven excellence in commerce education. Beyond academics, he empowers youth through seminars and leadership roles in Rotary and Lions Clubs, inspiring thousands across India and abroad through his dedication to education and community upliftment. About Kiteskraft Productions LLP: Kiteskraft Productions LLP, established in 2019, is a premier organizer of National and International Conferences and Award ceremonies across sectors like Education, Business, Healthcare, NGOs, and Entertainment. With a mission to recognize excellence, Kiteskraft honors individuals who drive innovation and outcome-based learning. Certified by ISO and MSME, and registered under MCA, it upholds high standards of quality. Recognized by the Scholar's Book of World Records, Kiteskraft fosters industry collaboration through impactful events. With a dedicated team and a vision for excellence, Kiteskraft Productions LLP continues to inspire, empower, and shape a brighter future. Visit www.kiteskraft.com for more. Photo: https://mma.prnewswire.com/media/2752342/KITESKRAFT_Achievers.jpg' alt='Embedded Media' /> (Disclaimer: The above press release comes to you under an arrangement with PRNewswire and PTI takes no editorial responsibility for the same.). PTI

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