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    Subhash Chandra drops mention of Ambani allegations, shifts focus to settling Essel debt
    NATIONAL ACCOUNTS STATISTICS - 2026 PUBLICATION
    Commerce Secretary Shri Rajesh Agrawal Co-Chairs India-Brazil 8th Trade Monitoring Mechanism Meeting
    NPCI International and Uzbekistan’s NIPC Partner to Enable UPI Payments Across Uzbekistan via UZQR
    Flymore Aviation Expands Access to Aviation Education Through Affordable Mobile Learning App
    Rajnath to review performances of 16 defence PSUs with focus on indigenous tech, innovation
    SC dismisses SBI's plea challenging NCLAT order on PF, gratuity dues to ex-Jet Airways staffers
    Rupee rises 26 paise to close at 95.17 against US dollar
    India Has Solved Financial Access. Has It Solved Financial Confidence?
    Hyundai Capital Officially Launches Financial Services Operations in India
    Pinarayi Vijayan slams NCLT order on Subhash Chandra repayment plan
    Rupee falls 13 paise to 95.56 against US dollar in early trade
    CBN seizes 66.80 lakh psychotropic tablets in major inter-state pharmaceutical diversion case under Operation Vajra 2.0; one arrested
    DRI seizes around 18 Kg Amphetamine and MDMA in two operations as it intensifies crackdown on synthetic drugs; Four persons arrested
    India–Chile CEPA Negotiations Advance; Commerce Secretary Shri Rajesh Agrawal Meets Chilean Vice-Minister Paula Estévez Weinstein
    Sugar prices remain firm across India despite govt measures to check rise
    Keralam MVD to introduce Aadhaar OTP verification for 60 more services from Sept 21
    Dissenting creditors alleged family-linked entities cast 61.78 pc votes that cleared Chandra's insolvency plan
    Over 2.63L appear in NEET-PG; re-test announced for candidates at 2 Jaipur centres
    Delhi Lakshmi Yojana RD maturity set for July 2029, year of next Lok Sabha polls
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August 31, 2026
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Personal guarantor insolvency distinguishes guarantee liability from borrower debt while creditor voting challenges question repayment-plan approval.
Personal insolvency proceedings concerning personal guarantees distinguish a guarantor's liability from the underlying borrowing entities' debts. Claims against the guarantor arise from guarantees furnished for loans obtained by Essel Group-associated entities, while the borrowers' repayment obligations remain enforceable and creditors may pursue corporate assets and securities. Dissenting lenders have challenged the resolution-plan voting process, alleging that family-linked associates or related parties should have been excluded from committee of creditors voting.
August 31, 2026
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National accounts revisions align GDP and sectoral estimates with updated price, production and banking service indicators.
National Accounts Statistics-2026 incorporates updated Producer Price Index, Index of Industrial Production and Banking Services Price Index series with base year 2022-23 into annual and quarterly GDP estimates. The revised indicators expand coverage, update weights and improve price mapping for national-account activities. GDP and gross value added estimates from 2022-23 onwards are revised at current and constant prices, with sector-specific effects in mining and quarrying, manufacturing, trade services, general government and departmental enterprises. Supply and Use Tables for 2022-23 and 2023-24 are also updated.
August 31, 2026
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Trade facilitation and pharmaceutical market access advance through regulatory cooperation, preferential trade modernisation, and reciprocal agricultural access.
India and Brazil are advancing bilateral trade, investment and economic cooperation through a diversified partnership focused on pharmaceuticals, chemicals, engineering goods and machinery. India-MERCOSUR engagement is being pursued through early finalisation of Terms of Reference for expansion and modernisation of the Preferential Trade Agreement. Pharmaceutical market access is supported by regulatory cooperation under the CDSCO-ANVISA MoU. Agricultural trade facilitation includes phytosanitary processes, reciprocal market access work and mutual recognition of Electronic Certificates of Origin, alongside multilateral coordination through BRICS, the G20 and the WTO.
August 31, 2026
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Cross-border UPI merchant acceptance enables Indian travellers to make UZQR payments at merchants throughout Uzbekistan.
Cross-border UPI merchant acceptance in Uzbekistan allows Indian travellers to make instant person-to-merchant payments through UPI-enabled applications by scanning the interoperable UZQR code. Integration with the Unified National QR infrastructure extends acceptance across retail, hospitality and service merchants. Regulatory approvals support HUMO's role as NIPL's authorised partner for cross-border merchant acceptance, reducing reliance on international cards and cash.
August 31, 2026
Show AI Summary
Mobile-first aviation education supports accessible, self-paced certification-led learning and career awareness across aviation roles and geographic locations.
Flymore Aviation LLP operates a mobile-first aviation learning platform intended to make specialised aviation education more accessible and affordable for aspiring pilots, cabin crew and other aviation-sector professionals. The app provides structured, self-paced aviation courses aimed at building industry knowledge, supporting certification-led skill development, improving career awareness and assisting employment readiness across aviation functions. Course delivery through a digital platform is positioned as an alternative to location-dependent and high-cost classroom training.
August 31, 2026
Show AI Summary
Indigenous defence technology and exports anchor the annual performance review of public sector defence enterprises.
Annual performance review of 16 Defence Public Sector Undertakings is scheduled with emphasis on indigenous technology, innovation, self-reliance and enhancement of defence exports. Chairpersons and managing directors of seven specified undertakings will present dividends attributable to the Government's equity shareholding. Publications cover self-reliance, student awareness of defence technologies, and modernisation and indigenisation roadmaps. Reported performance includes growth in turnover, profit after tax and defence exports.
August 31, 2026
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Employee provident fund and gratuity dues remain protected outside the liquidation estate despite competing financial creditor claims in insolvency proceedings.
Employee provident fund and gratuity dues of former Jet Airways workmen and employees were required to be paid in full by the liquidator. The NCLAT position upheld treats statutory employee dues relating to provident fund, gratuity and pension funds as outside the liquidation estate, protecting them from competing creditor claims. Financial creditors had argued that such dues should be distributed through the liquidation estate unless dedicated funds existed at the commencement of liquidation. The underlying questions of law remain open for an appropriate case.
August 31, 2026
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Rupee exchange-rate support amid dollar strength and oil risks as foreign-currency deposit flows bolster market sentiment.
Foreign-exchange market conditions saw the rupee recover from early losses amid possible Reserve Bank of India intervention to contain significant depreciation. Higher US Treasury yields, a broader dollar rally, rising crude oil prices and geopolitical supply risks pressured the currency. The special USD-INR forex swap facility for FCNR(B) deposits, Overseas Foreign Currency Borrowings and External Commercial Borrowings mobilised foreign-exchange inflows supported by non-resident Indian participation, strengthening market sentiment.
August 31, 2026
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Financial confidence gaps persist when opaque financial journeys, dark patterns and unclear communication deter informed consumer participation.
Financial-service digitisation may expand access without ensuring consumer confidence where customers cannot understand processes, assess risks or feel secure in financial decisions. Opaque claims, redemptions, eligibility criteria and approval stages can weaken trust and discourage insurance, investment and credit participation. Hidden charges, complex documentation, forced bundling and target-driven sales practices may further impair informed choice. Greater transparency, simplified communications, real-time process visibility and AI-assisted guidance are identified as measures to reduce cognitive friction and strengthen consumer control.
August 31, 2026
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NBFC licensing enables Hyundai Capital India to begin wholesale dealer financing while preparing retail finance and risk-management infrastructure.
Hyundai Capital India has commenced financial services operations after obtaining a non-banking financial company licence from the Reserve Bank of India. Initial operations concentrate on wholesale financing for local automotive dealers. Operations are intended to expand the dealer-financing network, sales infrastructure and risk-management systems across India, supporting a subsequent phased introduction of retail financing for individual customers.
August 31, 2026
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Personal insolvency resolution approval faces criticism over low creditor recovery and alleged family-linked voting influence in the resolution process.
Personal insolvency resolution approval concerning Subhash Chandra involved a repayment plan of Rs 6.5 crore against admitted creditor claims exceeding Rs 22,000 crore. Objections were raised regarding the voting influence exercised by entities linked to the debtor's family in relation to the resolution process. Pinarayi Vijayan criticised the approval, alleging preferential treatment of powerful corporate interests.
August 31, 2026
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Foreign exchange market intervention seeks to limit rupee depreciation amid oil-price pressure, dollar strength, and capital outflows.
Foreign exchange market conditions put the rupee under depreciation pressure amid higher crude oil prices, geopolitical risks, stronger US dollar conditions, expectations of tighter US monetary policy and foreign equity outflows. RBI market intervention was reported to contain significant depreciation. Improved foreign-currency non-resident bank deposit flows and higher foreign exchange reserves supported investor sentiment and the external liquidity position.
August 31, 2026
Show AI Summary
Psychotropic medicine diversion faces NDPS enforcement where controlled tablets allegedly travel without statutory documentation and traceability details.
Enforcement action under the Narcotic Drugs and Psychotropic Substances Act, 1985 addressed alleged inter-State diversion of psychotropic medicines transported without statutory documentation. A truck carrying Alprazolam, Tramadol, Nitrazepam and Clonazepam tablets was intercepted; the medicines and vehicle were seized and one suspect was arrested. Preliminary examination indicated erasure of identifying batch and date details and transport of region-restricted medicines without invoices, bilty or e-way bills. Investigation concerns the manufacturing, supply and distribution network involved.
August 31, 2026
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Synthetic-drug trafficking enforcement targets rail-borne amphetamine and MDMA consignments through baggage interceptions, seizures, follow-up delivery operations, and arrests.
Synthetic-drug trafficking enforcement involved two intelligence-led railway-station operations targeting amphetamine and MDMA transportation and receipt. Baggage intercepted at Bengaluru contained a crystalline substance preliminarily indicating amphetamine, while a separate Pune interception recovered substances purported to be amphetamine and MDMA tablets. The contraband and related packing material were seized under the Narcotic Drugs and Psychotropic Substances Act, 1985. Follow-up delivery action identified alleged receivers, and the carriers and alleged receivers were arrested under that statutory framework.
August 31, 2026
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India-Chile CEPA negotiations seek a balanced framework to expand trade, investment, technology cooperation and resilient supply chains.
India-Chile CEPA negotiations are being advanced toward conclusion by the end of the year through a balanced and commercially meaningful framework. The proposed partnership is intended to strengthen bilateral economic ties, expand trade and investment, and create equitable opportunities for businesses and people in both countries. Cooperation is envisaged in technology, talent and resilient supply chains, alongside enhanced engagement in healthcare, pharmaceuticals, energy, minerals, agriculture, machinery and engineering.
August 30, 2026
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Sugar price controls face persistent retail and wholesale price firmness despite duty-free imports, stockholding restrictions, and export prohibition.
Sugar retail and wholesale prices remained elevated despite measures intended to curb price increases, including duty-free imports of raw sugar, tighter stockholding norms for bulk users and dealers, and a prohibition on sugar exports. Ex-mill rates declined following the permitted duty-free imports, although customary margins continued between ex-mill, wholesale, and retail prices. Projected sugar production is lower than earlier estimates, while annual domestic demand remains substantial.
August 30, 2026
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Aadhaar OTP verification expands online vehicle and licensing services, reducing physical visits and curbing intermediary exploitation.
Aadhaar-based OTP verification will be extended to additional vehicle- and driving-licence-related services through the Vahan and Sarathi portals. The digital arrangement is intended to reduce physical visits to transport offices, prevent intermediary exploitation arising from delayed processing, and enable applications to be processed on a first-come, first-served basis. Physical attendance will remain necessary for vehicle inspections, identification of legal heirs, personal hearings, and authentication where Aadhaar OTP verification fails.
August 30, 2026
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Related-party creditor voting in personal insolvency turned on whether the debtor held majority ownership or direct board control.
Dissenting lenders challenged the admission and voting rights of five creditors alleged to be family-linked associate or related entities, contending that their voting share enabled approval of a personal insolvency repayment plan. They alleged invalid post-moratorium guarantee invocations, undisclosed liabilities, inadequate claim scrutiny and incorrect voting-share computation. The third member rejected the voting-rights challenge, treating associate status as requiring the debtor's personal majority shareholding or direct board control, and accepted the repayment plan.
August 30, 2026
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Examination continuity and candidate fairness require re-examination where power failures prevent completion, alongside review of infrastructure accountability.
NEET-PG 2026 examination continuity was disrupted for candidates at two Jaipur centres because of internal power-supply failures attributable to the technological partner and examination-conducting agency. A re-examination has been scheduled for the affected candidates, with the venue and revised admit cards to be communicated separately. Action against the entities responsible for ensuring adequate examination infrastructure is under consideration.
August 30, 2026
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Women's monthly assistance eligibility restricts benefits to qualifying households and channels payments through deposits or restricted digital wallets.
Delhi Lakshmi Yojana provides monthly financial assistance to eligible women through recurring deposits and restricted Central Bank Digital Currency wallets. Recurring deposits are locked until July 31, 2029, subject to possible review of the maturity period after two years from launch. Eligibility requires a qualifying woman to be the eldest female family member, meet income, residence and voter-registration requirements, and satisfy household restrictions. Income-tax payers, GST filers, government employees, higher-electricity-consuming households and four-wheeler-owning households are excluded.

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September 1, 2025

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New Delhi, Sep 1 (PTI) Following are the top stories at 9 pm: NATION FGN68 PM-SCO-2NDLD ADDRESS

Fighting terrorism duty towards humanity: PM Modi at SCO summit Tianjin (China): The Pahalgam terror attack was not only an assault on India's conscience, but it was an open challenge to every nation that believes in humanity, Prime Minister Narendra Modi said on Monday, strongly pitching for shunning "double standards" in combating terrorism.

FGN67 CHINA-MODI-4THLD PUTIN

India-Russia ties pillar of regional & global stability: PM Modi after meeting Putin Tianjin (China): India and Russia stood "shoulder-to-shoulder" even in most difficult situations and their ties are crucial for global peace and stability, Prime Minister Narendra Modi said during a meeting with Russian President Vladimir Putin on Monday, amid a major downturn in New Delhi’s ties with the US.

DEL72 US-INDIA-EMBASSY-POST

US-India partnership reaching new heights: Embassy New Delhi: The India-US partnership continues to reach new heights, the US embassy said in a surprise social media post on Monday, amid the ties between the two countries reeling under possibly the worst phase in two decades over the Trump administration's policies on trade and tariff.

DEL68 LDALL YATRA

After 'Atom bomb', Rahul threatens to come out with 'Hydrogen bomb' of disclosures on 'vote chori' Patna: Days after accusing the BJP of stealing elections, Congress leader Rahul Gandhi on Monday threatened that he will soon amplify his charges by coming out with more "vote chori" disclosures that would be like a "Hydrogen bomb" and Prime Minister Narendra Modi would not be able to show his face to the country. By Asim Kamal and Sanjeev Chopra

DEL48 BJP- RAHUL

Rahul insulting voters in arrogance, belittling position of LoP: BJP New Delhi: The BJP on Monday mocked Rahul Gandhi's claim that he will soon come out with a "hydrogen bomb" as part of his "vote chori" charge, saying that his "atom bomb" had turned out to be a damp squib, and accused him of demeaning his position of the Leader of Opposition in Lok Sabha with irresponsible comments.

DEL67 2NDLD RAIN

Nature's fury: 7 die in Himachal, U'khand landslides, several roads shut; Amit Shah inspects flood-hit areas in Jammu New Delhi: Seven people died in Himachal Pradesh and Uttarakhand in landslides, while flood-hit Punjab received another spell of torrential rain on Monday, leading to the closure of all schools and colleges in the state.

DEL62 DHANKHAR-LD HOUSE

Former vice-prez Dhankhar shifts to INLD leader Abhay Chautala's farmhouse in south Delhi New Delhi/Chandigarh: Former vice-president Jagdeep Dhankhar shifted from his official residence to a private farmhouse in the Chhatarpur area of south Delhi on Monday evening, six weeks after he resigned from his post, according to officials.

DEL66 JK-SHAH-LD MEETING

Need to study cloudburst cause, review warning system for glacial lake outburst floods: Shah in J-K Jammu: Union Home Minister Amit Shah on Monday highlighted the need for studying cloudburst causes by using data analytics and artificial intelligence and conducting a critical review of the early warning system for floods due to glacial lake outbursts, as he condoled the loss of lives in the recent calamities.

DEL60 BH-YATRA-2NDLD KHARGE

BJP-RSS will dump Nitish where garbage is dumped: Kharge Patna: In a scathing attack on Bihar Chief Minister Nitish Kumar, Congress president Mallikarjun Kharge on Monday said the JD(U) chief used to talk of socialism earlier but then "fell into the lap" of the BJP-RSS, which will dump him "where garbage is dumped".

DEL54 JAISHANKAR-AFGHANISTAN

Afghanistan quake: Jaishankar assures aid to affected people during call with Afghan counterpart New Delhi: India has started delivering relief materials for earthquake-affected people in Afghanistan, with External Affairs Minister S Jaishankar assuring his Afghan counterpart Amir Khan Muttaqi of more supplies.

MDS23 TL-LD SUDERSHAN REDDY

My rival not visible, does not speak: Sudershan Reddy's swipe at NDA VP nominee Hyderabad: Alleging that his rival and ruling NDA nominee C P Radhakrishnan is "neither visible, nor speaking", Opposition's Vice Presidential candidate B Sudershan Reddy on Monday said a healthy debate would have been possible if he had spoken.

MDS28 KA-BJP RALLY-LD DHARMASTHALA

BJP holds mega rally in Dharmasthala, demands central probe into allegations of murders, burials Dharmasthala (Karnataka): The BJP on Monday organised a massive rally in Dharmasthala, demanding a central agency probe into allegations of multiple murders, rapes, and burials in the temple town.

BOM35 MH-JARANGE-LD APPEAL

Clear off Mumbai streets, follow HC directives: Jarange tells Maratha protesters; stir will continue Mumbai: Maratha quota leader Manoj Jarange on Monday asked protesters to follow the directives of the Bombay High Court and not inconvenience the people of Mumbai by roaming on the streets.

BOM30 MH-QUOTA-2ND LD FADNAVIS

Govt will implement HC directives on Maratha stir; exploring legal options on quota: Fadnavis Pune/Mumbai: The administration will implement the Bombay High Court directives on Manoj Jarange-led Maratha quota protest, Chief Minister Devendra Fadnavis said on Monday.

CAL52 WB-MAMATA-2ND LD ARMY

Centre misused Army to dismantle TMC stage to protest 'atrocities' on WB migrants, alleges Mamata Kolkata: West Bengal Chief Minister and Trinamool Congress supremo Mamata Banerjee on Monday accused the Centre of "misusing" the Indian Army to dismantle a stage erected here to protest alleged atrocities on Bengali-speaking migrant workers in BJP-ruled states.

CAL47 AS-HIMANTA-MUSLIMS

Muslims who abide by law, culture of India 'will face no problem': Assam CM Patharkandi: Assam Chief Minister Himanta Biswa Sarma on Monday said Muslims who abide by the law and culture of the country "will face no problem".

DEL49 EC-BIHAR-VOTERS LIST

Bihar SIR: On last day, over 2.17 lakh pleas for removal, 36,000 for inclusion in voters' list New Delhi: The month-long period to demand inclusion and deletion of people from the electoral rolls of Bihar ended on Monday, with more than 36,000 electors filing pleas to get their names added to the document.

BOM37 GJ-FACTORY-BLAST

Two workers killed, 20 injured as blast triggers fire at textile unit in Gujarat Surat: At least two workers were killed and 20 others were injured after an explosion triggered a fire at a textile processing unit in Surat district of Gujarat on Monday, officials said.

BUSINESS DEL63 BIZ-RBI-LD CAD

India's first quarter CAD narrows to 0.2 pc of GDP: RBI Mumbai: India's current account deficit (CAD) narrowed to 0.2 per cent of GDP, or USD 2.4 billion, during the April-June period of 2025-26 compared to 0.9 per cent of the GDP, or USD 8.6 billion, in the year-ago period, helped by services exports, the RBI said on Monday.

DEL51 BIZ-NAVARRO-PURI

Puri slams Navarros 'laundromat' jibe, says India played by rules, didn't profit from Russian oil New Delhi: Oil Minister Hardeep Singh Puri has dismissed White House trade adviser Peter Navarro's 'laundromat' remark, asserting that India has not violated any rules in purchasing Russian oil and its energy trade since the Ukraine war has helped stabilise global markets and keep prices in check.

DEL59 BIZ-AMBANI-NEW YORK FEST

Nita Ambani postpones New York theatre fest amid trade tensions New Delhi: Amid escalating India-US trade tensions, Nita Mukesh Ambani Cultural Centre - the cultural event outfit run by billionaire Mukesh Ambani's wife, has postponed next week's theatrical event in New York, citing "unforeseen circumstances".

LEGAL BOM38 MH-QUOTA-LDALL JARANGE

HC says Mumbai brought to standstill, asks Maratha quota protesters to vacate streets by Tue noon Mumbai, Sep 1 (PTI) The Bombay High Court on Monday asked Maratha quota activist Manoj Jarange's supporters to vacate all streets by Tuesday noon and restore normalcy, noting the stir was not peaceful as promised by organisers and has brought the city to a standstill.

LGD31 SC-BIHAR-LD ELECTORAL ROLL

Bihar SIR: Claims, objections can be filed beyond Sep 1 deadline, EC tells SC New Delhi: The Election Commission of India on Monday said claims, objections and corrections in the draft electoral roll prepared in the Bihar special intensive revision (SIR) exercise can be filed beyond September 1 but the same would be considered once the electoral roll was finalised.

LGD47 SC-FOOTBALL

AIFF-FSDL row: SC reserves order on issue of master rights agreement for ISL New Delhi: The Supreme Court on Monday reserved its order on issues pertaining to the renewal of the master rights agreement, which is necessary for holding Indian Super League (ISL) football matches this season.

LGD29 DL-HC-IAF-WOMAN

Delhi HC directs IAF to appoint woman candidate against unfilled flying branch vacancy New Delhi: The Delhi High Court has directed the Centre and the Indian Air Force to appoint a woman in one of its 20 unfilled flying branch vacancies, underscoring present times when a distinction could not be made between male and female candidates in the Indian Armed Forces.

LGD45 DL-BAR-JUDGES TRANSFER

Frequent transfers of judges in Delhi High Court alarming: DHCBA to CJI New Delhi: The Delhi High Court Bar Association (DHCBA) on Monday wrote to the Chief Justice of India B R Gavai and the Supreme Court collegium while calling for "greater transparency" in the appointments and transfers of judges in the Delhi High Court.

LGD36 SC-BIHAR-ELECTORAL ROLL-EC

99.5% voters filed eligibility docs; except RJD, CPI(ML) no party assisted excluded electors: EC New Delhi: The Election Commission of India on Monday informed the Supreme Court that approximately 99.5 per cent of the 7.24 crore voters submitted eligibility documents for the special intensive revision (SIR) exercise in poll-bound Bihar.

LGD32 UP-COURT-LIFER

Three men sentenced to life imprisonment for killing Dalit man, injuring his children Muzaffarnagar (UP): A special SC/ST court here sentenced three men to life imprisonment for killing a Dalit man and injuring his three children last year, officials said.

LGB3 MH-CONSUMER COURT-SPICEJET

For single burger and fries during 14-hour flight delay, SpiceJet asked to pay Rs 55k to passenger Mumbai: A District Consumer Disputes Redressal Commission has directed SpiceJet to pay Rs 55,000 to a passenger after observing that a "single burger and fries" were "inadequate arrangement" for a 14-hour flight delay.

FOREIGN FGN79 US-TRUMP-LD INDIA

Trump claims India has 'offered' to cut tariffs to nothing, 'but it's getting late' New York/Washington, Sep 1 (PTI) US President Donald Trump on Monday claimed that India has now "offered" to cut its tariffs to nothing, “but it’s getting late”, as he said that India buys most of its oil and military products from Russia and very little from the US. By Yoshita Singh

FGN74 SCO-LD DECLARATION

SCO condemns Pahalgam attack; concurs with India that double-standards to fight terrorism unacceptable Tianjin (China): The Shanghai Cooperation Organisation (SCO) on Monday strongly condemned the Pahalgam terror attack and concurred with India's position that "double standards" in the fight against terrorism are unacceptable.

FGN75 UK-INDIA-TRADE-PACT

India FTA boosts business confidence in volatile world, UK Parliament told London: The India-UK Free Trade Agreement (FTA) signed between Prime Ministers Narendra Modi and Keir Starmer on July 24 will slash trade tariffs from 15 per cent to 3 per cent and boost business confidence in an increasingly volatile world, the British Parliament was told on Monday.

FGN69 SCO-INDIA-BRI-OPPOSE

India maintains opposition to China's Belt and Road Initiative at SCO conclave Tianjin (China): India on Monday refused to endorse China's ambitious Belt and Road initiative (BRI), becoming the only country in the Shanghai Cooperation Organisation (SCO) not to support the connectivity project.

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