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    Draft Warehousing Operations Regulations, 2026 - uploading on the CBIC website for inviting comments/views/suggestions from stakeholders
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September 25, 2026
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Stakeholder consultation on draft warehousing operations regulations requires structured comments submitted electronically within the prescribed consultation period.
Stakeholder consultation on the draft Warehousing Operations Regulations, 2026 is initiated through public-domain publication on the CBIC website. Comments, views and suggestions must be submitted within 15 days in a structured format identifying the relevant regulation number and title, proposed modification, and supporting reasons or remarks. Responses must be sent through the specified email channels in MS Word, a compatible format, or machine-readable PDF format.
September 25, 2026
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Technology risk governance requires banks to retain accountability, test resilience, and govern artificial intelligence before scaling financial services.
Technology risk governance must treat technology architecture as a first-order enterprise risk, alongside conventional financial risks, because the availability and integrity of core banking, payments, onboarding, credit, fraud-monitoring and reporting systems determine whether customers can access essential financial services. Banks may outsource technology functions but retain accountability for access controls, concentration, recoverability, data protection and exit options. Effective resilience requires secure architecture, asset visibility, timely remediation of vulnerabilities and legacy systems, identity and access management, effective controls, third-party oversight, post-incident learning, and regular recovery testing.
September 25, 2026
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Global value chain integration advances trade partnerships, semiconductor capacity, and deep-tech innovation within broader economic engagement.
India's global economic engagement prioritises trade and economic partnerships to strengthen participation in global value chains and supply chains, facilitating cross-border movement of goods and services. The approach is linked to projected semiconductor demand and development of artificial-intelligence capabilities, alongside innovation, deep-tech startup support and private-sector space activity. The startup ecosystem is described as having expanded substantially, with current policy emphasis on deep-tech innovation and participation in global markets.
September 25, 2026
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Trade agreement review targets balanced, user-friendly, trade-facilitative rules to address asymmetries and strengthen regional commerce.
The ongoing review of the ASEAN-India Trade in Goods Agreement seeks to enhance trade flows, address trade asymmetries, and deliver a balanced, effective, user-friendly, and trade-facilitative arrangement for businesses. It forms part of India's commitment to mutually beneficial trade partnerships and regional trade arrangements.
September 24, 2026
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Portfolio management reforms broaden permitted investments, establish independent fund managers, and retain registered managers' responsibility for client portfolios.
Portfolio-management reforms replace the 2020 framework and expand investments into IPOs, primary-market debt, listed overseas equity and debt, and direct plans of Indian mutual fund schemes. Investment-grade unlisted non-convertible debt may comprise up to 10 per cent of client assets under management with client consent. Independent Fund Managers may operate with registered portfolio managers, which retain responsibility and liability. Accredited-investor eligibility is broadened, while specified compliance requirements are relaxed where adequate audit trails and internal controls exist.
September 24, 2026
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Merchant discount rate on UPI merchant payments may be treated as a taxable payment settlement service with input credit availability.
GST treatment of MDR charged on UPI merchant payments above Rs 2,000 is to be considered by the GST Council. The MDR framework imposes a merchant-borne charge for payment processing and settlement. As these activities are services, MDR may attract GST at 18 per cent, subject to the Council's view. Merchants paying GST on MDR may claim input tax credit, potentially reducing their net tax burden.
September 24, 2026
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Fiscal responsibility limits frame cautions on new projects as budgetary discipline rather than financial crisis.
Finance-department advice treats fiscal indicators as grounds for restraint in approving additional expenditure rather than as evidence that funds are unavailable. Funding new projects may be difficult until additional resources are mobilised or allocations already approved are reallocated. Project proposals lacking budgetary provision or earmarked funding may create cash-flow pressures and fiscal-management challenges, requiring deferment until resources are finalised.
September 24, 2026
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Corporate document forgery allegations trigger investigation into unauthorised insolvency consortium participation and disputed share transfers.
An FIR concerns alleged cheating, forgery, criminal conspiracy, corporate-document misuse, and unauthorised financial liabilities arising from participation in a corporate insolvency resolution process. Allegations include entering a consortium arrangement without the Parekh Group's knowledge or authorisation, reliance on a fabricated and unapproved board resolution, and unauthorised transfer of shares to a group-controlled entity. Investigation covers disputed-record authenticity, alleged digital-signature misuse, and financial transaction trails.
September 24, 2026
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Energy security shapes continued Russian crude sourcing as alternative suppliers replace shortfalls amid potential sanctions-related restrictions.
Russian crude imports are operating near 1.8 million barrels daily in September, with refinery maintenance, stronger Chinese buying, and disruptions to Russian export infrastructure constraining availability. Middle Eastern supply, especially from Iraq and Saudi Arabia, has offset reduced Russian volumes. Potential tougher restrictions on countries purchasing Russian oil could complicate procurement, but energy security and tight physical oil markets make a significant near-term reduction in Russian crude purchases unlikely. Replacement remains technically possible but may raise procurement costs and competition for medium-grade crude.
September 24, 2026
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Direct tax payment gateway integration enables nationwide payments through digital options, branch channels, and customers' respective internet-banking services.
IDFC FIRST Bank's payment-gateway integration for Central Board of Direct Taxes collections enables Direct Tax payments through UPI, credit cards, debit cards, Retail and Corporate Internet Banking, and branch-based cheque, demand draft, or cash payments. Customers of other banks may use their own internet-banking facilities through the gateway. Taxpayers create a challan on the Income Tax e-Filing Portal, select Payment Gateway and IDFC FIRST Bank, choose a payment mode, complete payment, and download or print the paid challan. Payment confirmations are also accessible.
September 24, 2026
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Insurance distribution controls target commissions, expenses and loan-linked sales, reshaping bancassurance arrangements and intermediary remuneration structures.
IRDAI's consultation proposals for insurance distribution contemplate lower Expenses of Management limits, tighter commission controls, and greater control over loan-linked insurance practices. The prospective framework concerns insurer and intermediary remuneration, distribution expenses, and bancassurance fee structures. Reported concerns centre on potential effects on insurer earnings, intermediary economics, and lending-linked distribution arrangements; the measures are not described as final operative obligations or enforcement action.
September 24, 2026
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Personal loan eligibility and repayment planning: loan variants and digital applications remain subject to assessment, verification, and applicable terms.
Eligible customers may seek collateral-free personal loans within stated amount, tenure and interest-rate ranges. Loan amount, interest rate and tenure determine the EMI and total interest payable, while calculator results are estimates rather than final repayment obligations. Eligibility includes nationality, age, employment and credit-score conditions, but approval, final pricing and loan amount remain subject to lender assessment, document verification and applicable terms. Online applications require personal, financial and employment details and KYC verification.
September 24, 2026
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Nidhi company deposits lack insurance protection, requiring verification of government declaration before relying on high-return promises.
Each company seeking to function as a Nidhi must file Form NDH-4 for declaration or updated Nidhi status and comply with the Companies Act, 2013 and applicable Nidhi Rules. Nidhi companies may accept deposits and grant loans only to members. Public investors should verify declared Nidhi status rather than rely on unusually high-return promises, agent representations, or informal assurances. Deposits with Nidhi companies are not insured by the Deposit Insurance and Credit Guarantee Corporation, and recovery may be difficult where a company fails or fraud occurs.
September 24, 2026
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FCNR(B) liquidity deployment remains within banks' discretion, guided by credit pipelines, asset-liability positions, and prudent underwriting standards.
Banks retain full discretion to deploy liquidity mobilised through FCNR(B) deposits, based on their credit pipeline, lending proposals, liquidity outlook and asset-liability position. No sector-specific direction applies to use of these funds. FCNR(B) deposits are fixed-term foreign-currency deposits in which principal and interest are repayable in the same foreign currency, protecting non-resident depositors from direct rupee exchange-rate risk. Continued prudent credit appraisal and underwriting standards are expected.
September 24, 2026
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Compulsory Muslim marriage registration shifts registration to registrars under a statewide procedural framework, with local officials authorised when needed.
Compulsory registration of Muslim marriages will operate under the Assam Muslim Marriage Registration (Compulsory) Rules, 2026, framed under the Assam Compulsory Registration of Muslim Marriage and Divorces Act, 2024. Registration will be undertaken by registrars, with panchayat-level officials potentially authorised where application volumes require additional capacity. The framework addresses the registration forum after kazis were barred from registering Muslim marriages.
September 24, 2026
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Macroeconomic resilience supports fiscal consolidation, financial-sector stability, and orderly foreign-exchange management through persistent global and market shocks.
Policy management emphasises clear communication, policy certainty, macroeconomic and financial-sector stability, efficient use of buffers, and sustained structural reform. Fiscal prudence is treated as necessary to avoid unsustainable stimulus and preserve long-term stability. External-sector resilience rests on services exports and remittances, while oil and gold shocks and weaker capital inflows have created temporary balance-of-payments pressure. Further improvement is linked to lower oil dependence, export diversification, trade agreements, capital inflows and orderly foreign-exchange market management.
September 24, 2026
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Software export growth strengthens IT ecosystem as campus expansion supports startup activity, infrastructure development, and skilled employment.
Software export revenue generated by Technopark reached Rs 17,092 crore in FY 2025-26, reflecting year-on-year growth of approximately 17.3 per cent. Growth is attributed to IT infrastructure, a skilled talent base, and company performance. Technopark also operates as an IT and ITeS hub and startup ecosystem centre, with ongoing campus development intended to expand its position among major IT hubs.
September 24, 2026
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Artificial intelligence centre of excellence partnership advances industry-aligned training, supervised internships, startup mentorship, and applied research collaboration.
IIEST Shibpur and Tata Consultancy Services have entered into a Memorandum of Understanding to establish an Artificial Intelligence Centre of Excellence at the Electrical Engineering Department's high-performance computing laboratory. The collaboration supports industry-aligned training, professional certifications, practical projects, supervised internships, startup mentorship, curriculum benchmarking, and applied research in natural language processing, computer vision, image processing, and advanced data analytics.
September 24, 2026
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Money-laundering searches prompt protests over alleged political misuse while operations continue at public development offices and residences.
Enforcement Directorate search and survey operations connected with a money-laundering investigation continued at development authority offices and premises linked with housing administration, a realty company, and private residences. AAP workers protested against the searches, alleging political and administrative pressure through central investigative agencies. The party further alleged that the operations could disrupt the development authority's functioning and impede Punjab government welfare schemes.
September 24, 2026
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Money-laundering investigation procedure raises allegations over FIR registration, conflict concerns, and the choice between police, vigilance, or federal inquiry.
A police inquiry, rather than a Vigilance inquiry, was directed following an Enforcement Directorate communication seeking registration of an FIR for cognizable offences. It was contended that FIR registration should be dealt with by the police and that governmental or ministerial intervention would raise concerns where a person facing allegations is involved in deciding the investigative course. A transfer to a federal investigative agency was sought on grounds of investigative independence and perceived conflict of interest.

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The dowry trap: Noida's Nikki Bhati only the latest in an endless list

August 27, 2025

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New Delhi, Aug 26 (PTI) The spectre of dowry has returned to the national centrestage with the horrific death of 26-year-old Nikki Bhati, highlighting once again the age-old trap of patriarchal control, societal norms and weak law enforcement that millions of women are caught in.

Every day, somewhere in the country, 20 women die because their families have been unable to satisfy dowry demands, according to the National Crime Records Bureau (NCRB). Nikki Bhati was one of them, a statistic and so much more than that.

Nikki was allegedly set ablaze in Greater Noida’s Sirsa village on August 21, purported videos of her assault by her husband and then of her in flames shaking the collective conscience. Her family - which got Nikki and her sister married to two brothers - said they gifted her in-laws a Scorpio, a motorcycle and gold during the wedding in 2016. But there was no satiating the demand and they were later presented with a fresh demand of Rs 36 lakh and a luxury car.

"I recently attended a wedding in Noida and it was horrifying. I saw luxury cars -- Fortuners, Mercedes -- being openly gifted as dowry. Politicians were there, celebrating. I couldn’t tolerate witnessing such glorification of dowry and left,” women’s rights activist Yogita Bhayana told PTI.

"Even in Nikki's case, I was on a channel where her father was also a panellist. Despite what they’re facing now, during the debate he repeatedly emphasised that he had given a top-model SUV to his son-in-law. This only shows how normalised dowry is, even among those grieving," she said.

That Nikki, who ran a beauty salon with her sister and had a presence on social media, reached out to her family for help, a panchayat had to sit to deliberate the issue more than once and she was still sent back only underscores how interwoven the custom of dowry is in societal fabric.

Dowry not only persists but remains rampant in many parts of India, where, instead of being condemned, it is often glorified by both the groom’s and bride’s families, Bhayana pointed out.

And horrifying though her death is, Nikki, who got married when she was just 17, is not the only one.

Dowry, outlawed in India since 1961, continues to be the grim societal reality where the bride's family is expected to gift cash, clothes and jewellery to the groom's family. And if they don’t, harassment, torture and death, often by burning, is the grim escalating trajectory for many women.

The investigation into Nikki’s death throws up new evidence each day, indicating a possible shift from the initial findings that she was set on fire by her husband Vipin and his family. All the accused -- husband Vipin Bhati, mother-in-law Daya, father-in-law Satveer Bhati, brother-in-law Rohit Bhati - are under arrest.

Was she killed or did she kill herself? It matters little. The fact is that she was one more victim of dowry and relentless harassment that lasted nine years, pushing her to a gruesome, untimely death.

A day after Nikki's death in a village on the outskirts of India’s national capital, Sanju Bishnoi, a school teacher, allegedly set herself and her daughter on fire in Jodhpur, Rajasthan, so tormented by dowry demands that she sat her three-year-old down on her lap, poured inflammable liquid over them and lit up.

The child died instantly while Sanju succumbed to her injuries the following day during treatment.

"Despite women now holding high-paying jobs, they are still treated as dependents, with dowry fulfilling a need to satisfy male ego. When this control feels threatened, it can escalate to abuse and even violence, often carried out with little regard for consequences," explained Dr Shweta Sharma, founder of Mansa Global Foundation for Mental Health.

Digging deeper, the psychologist explained that dowry has evolved into a tool for "reinforcing patriarchal control" and a symbol of the girl being a liability with her parents expected to fulfill the so called obligation.

A study by Jeffrey Weaver of University of Southern California and Gaurav Chiplunkar of University of Virginia that examined more than 74,000 marriages in India between 1930 and 1999 found that 90 per cent involved dowry. Besides, payments between 1950 and 1999 amounted to a staggering quarter of a trillion dollars.

Bhayana added that male entitlement coupled with the conditioning that asks women to “endure and stay silent” leads to the practice being perpetuated.

She stressed that the victims’ parents should not be completely absolved of blame "We often portray parents of victims solely as victims themselves, but sometimes, they also enable these situations. Nikki, too, must have expressed distress multiple times. Still, the parents sent her back -- fearing society's judgment, choosing image over her safety. And we all know this wasn’t the first time she was beaten... Her death wasn’t an isolated crime. It was systemic," she added.

Bhayana called for social change, strict enforcement of laws and meaningful awareness campaigns rather than self-glorifying government posters.

Dowry and the expectation of it is not confined to any one bracket. It cuts across castes and classes, not just pan India but all pervasive.

The stories are endless, some which make big news, others that barely make it to the papers and those that are never reported.

In Khargone, Madhya Pradesh, a 23-year-old married six months ago was reportedly hospitalised with burn injuries. She alleged that her husband branded her with a heated knife over dowry demands. Police has registered a case.

And the question is - will this woman, whose case made it to a few paras in a newspaper, ever get justice.

Addressing the “low conviction rate” in dowry cases, lawyer Seema Kushwaha said dowry demands have evolved over time, with the groom's families often claiming that the items given were mere “gifts, not demands" and using this as a legal defense to dismiss allegations.

"This common tactic significantly weakens the woman's case in court," said the Supreme Court lawyer, adding that the spread of narratives emphasizing the few cases of women misusing Section 498A of the Indian Penal Code -- the stringent anti-dowry law -- undermines the cases of the larger group of genuine victims.

Section 498A was introduced in 1983 after a spate of dowry deaths in Delhi and elsewhere in the country.

Kushwaha emphasised the urgent need to nip the problem in the bud, asking why acts like "a husband slapping his wife or in-laws blaming her family for trivial matters soon after marriage" often do not lead to an FIR.

"Courts often interpret cruelty based on societal norms rather than strictly following codified law. They require medical reports or visible bruises to confirm cruelty, which unfairly disadvantages victims of mental and emotional abuse that leaves no physical marks," she said.

According to the National Crime Records Bureau (NCRB), 35,493 brides were killed in India between 2017 and 2022 -- averaging nearly 20 deaths a day -- over dowry demands, sometimes occurring even years after the wedding. PTI MG MIN MIN MIN

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