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    United Arab Emirates suspends trade with Iran after coming under renewed missile fire
    RBI minutes: Governor Malhotra awaits more clarity on inflation, opts for rate hold
    Instant Credit Card Application With JioFinance: Step-by-Step Guide
    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
    Rupee falls 2 paise to settle at 95.76 against US dollar
    QualityKiosk Establishes Hyderabad Engineering Hub to Advance AI Reliability, Agentic Engineering and AI Assurance for Global Enterprises
    ED raids SP leader Azam Khan's Trust and university in UP
    Rupee rises 1 paisa to 95.73 against US dollar in early trade
    CCI approves acquisition of 23% equity shareholding of TM International Logistics by Tata Steel Ltd
    CCI approves acquisition of additional shareholding of Acko Technology & Services Pvt Ltd. by General Atlantic Singapore ACK Pte. Ltd
    Union Minister of Commerce & Industry Shri Piyush Goyal invites Japanese businesses to deepen investments and partnerships in India
    Department of Commerce Organises Awareness Session on EU CBAM Regulations for Exporters
    PSB Confluence 2026 concludes with actionable strategies across seven themes for Public Sector Banks and Public Financial Institutions
    Previous LDF govt didn't fulfil many obligations related to Vizhinjam port: CM Satheesan
    Sitharaman calls on public sector banks to translate strength into competitiveness and leadership
    Sitharaman asks public sector banks to focus on youth; provide cool, simple banking to suit their needs
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    India-UK trade agreement to benefit Haryana's industries and services sector: CM Saini
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August 19, 2026
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Trade restrictions on Iran halt commercial and financial exchanges as regional security threats disrupt maritime commerce and re-export access.
UAE trade restrictions on Iran halted all trade, commercial exchanges and financial transactions until further notice following reported ballistic-missile incidents and regional security escalation. The UAE assessed the missiles as directed at maritime traffic, while Iran denied launching them. The suspension disrupts the UAE's role as a major trade and re-export gateway for Iran and may increase Iran's economic isolation. Continuing threats to shipping through the Strait of Hormuz also create economic risk for the UAE's regional business, finance and tourism position.
August 19, 2026
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Inflation persistence and expectations guide continued rate hold amid supply shocks and uncertainty over broader price pressures.
Monetary policy calibration remains contingent on clearer evidence that supply-side price shocks are becoming persistent, broad-based inflationary pressures. The policy rate was maintained unchanged amid uncertainty from higher energy costs, supply-chain disruption, an erratic monsoon and food, fuel and input-price risks. Policy tightening may be required if inflation becomes generalised, expectations become de-anchored, or inflation persists. A wait-and-watch approach was preferred pending clearer realised inflation, forecasts, weather effects and global conditions.
August 19, 2026
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Online credit card applications streamline comparison, eligibility screening and e-KYC, while approval remains subject to issuing-bank criteria.
Online credit card applications through the JioFinance app combine card comparison, eligibility checks, electronic verification, application submission and status tracking. Eligibility screening may occur without affecting the applicant's credit score, but approval remains subject to the issuing bank's criteria and internal policies. Aadhaar-based e-KYC or other accepted electronic verification may be used where applicable. Applicants should provide accurate Aadhaar, PAN and mobile details. Eligible approved applicants may receive a virtual card before physical-card delivery, subject to applicable terms and conditions.
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.

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August 20, 2025

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New Delhi, Aug 20 (PTI) Following are the top stories at 9.08 pm: NATION DEL92 LS-SHAH-3RDLD BILLS

Shah tables bills for removal of PM, CMs, ministers held for 30 days amid fierce opposition protest New Delhi: Home Minister Amit Shah on Wednesday introduced in Lok Sabha three Bills for the removal of prime minister, chief ministers, and ministers under arrest for 30 consecutive days on serious charges, drawing fierce protests from opposition MPs who tore up copies of the draft law and marched close to his seat shouting slogans.

DEL106 LDALL ONLINE GAMING BILL

Lok Sabha passes bill to ban online games played with money New Delhi: The Lok Sabha on Wednesday passed a bill to ban the operating, facilitating and advertising of online games played with money, with a view to checking rising instances of addiction, money laundering and financial fraud.

DEL108 DELHI-LDALL CM ATTACK

Delhi CM attacked during 'Jan Sunwai', accused held on murder charge New Delhi: Delhi Chief Minister Rekha Gupta was attacked during a 'Jan Sunwai' programme at her camp office in the Civil Lines area on Wednesday morning, with her office terming the assault a part of a "well-planned conspiracy to kill her".

BOM38 GJ-DELHI CM-LD ATTACKER

Man held for attacking Delhi CM is dog lover, has criminal record: Rajkot police Rajkot (Gujarat): The man accused of attacking Delhi Chief Minister Rekha Gupta on Wednesday had five FIRs registered against him in Rajkot city of Gujarat, and is also a dog lover who wanted to build canine shelters, police said.

DEL82 LEFT-LD BILLS

Assault on democracy, death knell for federalism: Left parties on bills to remove PM, CMs New Delhi: Left parties on Wednesday said the new bills that provide for the removal of the prime minister or chief ministers arrested on serious criminal charges are a direct "assault" on democracy and the federal framework, and vowed to oppose it "tooth and nail".

DEL35 VP POLL-2ND LD RADHAKRISHNAN

NDA's Radhakrishnan files nomination for vice presidential election New Delhi: NDA candidate C P Radhakrishnan on Wednesday filed his nomination papers for the vice presidential election in the presence of Prime Minister Narendra Modi, Defence Minister Rajnath Singh, Home Minister Amit Shah and other senior leaders.

DEL102 DEF-MISSILE-2NDLD AGNI

India successfully test-fires 'Agni 5' ballistic missile New Delhi/Balasore: In a demonstration of its strategic military might, India on Wednesday successfully test-fired the 'Agni 5' intermediate range ballistic missile that has a range of up to 5,000 km.

PAR27 RS-LD IIM-BILL

Parliament passes Bill to establish India's 22nd IIM in Guwahati at Rs 550 cr investment New Delhi: The country's 22nd Indian Institute of Management (IIM) is set to be established in Guwahati with an investment of Rs 555 crore, as Parliament cleared a Bill in this regard on Wednesday, with Union Education Minister Dharmendra Pradhan saying the new institution will start admitting students from the current academic year itself.

DEL88 OPPN-VP-LD REDDY

'Towering figure in Indian jurisprudence': Kharge introduces VP candidate Reddy to oppn leaders New Delhi: Leaders of several opposition parties on Wednesday felicitated their joint vice presidential candidate B Sudershan Reddy in the central hall of Samvidhan Sadan (old Parliament).

DEL91 RAHUL-VP-DHANKHAR

Where is former Vice President Dhankhar 'hiding', why is he silent: Rahul Gandhi New Delhi: With former Vice President Jagdeep Dhankhar staying out of the public eye since his resignation, Congress leader Rahul Gandhi on Wednesday questioned where he was "hiding" and why he had gone "completely silent".

MDS9 TN-JOURNALISTS-STALIN

Stalin slams Assam police summoning senior journos Chennai: Tamil Nadu Chief Minister M K Stalin on Wednesday slammed the Assam police for summoning senior journalists Siddharth Varadarajan and Karan Thapar in a sedition case, saying "democracy can't survive if asking questions is treated as sedition."

BOM31 MH-RAINS-2NDLD MUMBAI

After terrible Tuesday, Mumbai gets relief from heavy showers; local trains back on track Mumbai: A day after facing monsoon fury, Mumbai saw respite from torrential rains on Wednesday as the metropolis slowly limped back to normalcy with its lifeline - local trains -- springing back to life, and schools and offices opening for regular functioning.

BUSINESS DEL97 BIZ-RBI-LD MPC MINUTES

Economy presents picture of strength: RBI Guv at MPC Mumbai: Indian economy presents a picture of strength, stability, and opportunity, said Reserve Bank Governor Sanjay Malhotra at the MPC meet earlier this month while stressing that the monetary policy needs to remain watchful as uncertainties of US tariffs are still evolving.

LEGAL LLGD26 SC-ASSENT-LD BILLS

Guv can't send bills to Prez after it comes back to him second time from assembly: SC New Delhi: The Supreme Court on Wednesday said Governor cannot send bills to President for consideration when presented to him for the second time after the state assembly has cleared it.

LGD9 DL-HC-PM DEGREE

PM degree row: Delhi HC defers verdict on DU's plea against CIC order to disclose info New Delhi: The Delhi High Court on Wednesday deferred pronouncement of its verdict on Delhi University's plea challenging a CIC order directing disclosure of information on the bachelor's degree of Prime Minister Narendra Modi.

LGD7 SC-TN-MINISTER

SC stays proceedings against TN minister in disproportionate assets case New Delhi: The Supreme Court has stayed the proceedings before a special court against DMK leader and Tamil Nadu Minister I Periyasamy and his family members in a Rs 2.1 crore disproportionate assets case.

FOREIGN FGN32: CHINA-INDIA-WANG

India, China reach common understanding on management of border: Foreign ministry Beijing: India and China have reached a new understanding on the management and control of the frontier during Foreign Minister Wang Yi’s visit to New Delhi, the Chinese foreign ministry said on Wednesday.

FGN15: US-INDIA-WH

Trump imposed sanctions on India to end Russia-Ukraine war: WH New York: US President Donald Trump imposed sanctions on India to bring an end to the conflict between Russia and Ukraine, White House Press Secretary Karoline Leavitt has said.

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