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    Strengthening Collaboration to Preserve Sovereignty: Collaborative Cash Ecosystems - Global Strategies to Preserve Trust and Sovereignty - Keynote Add...
    SC asks CBI to examine all six allegations of dubious transactions involving Indiabulls
    Cyber fraudsters invent 'boss' scam to target companies; Ahmedabad cops bust international network
    Personal Loan Prepayment Charges: What RBI Rules Say in 2026
    Zeeba Revamps Packaging and Announces Chef Vikas Khanna as Its Global Brand Ambassador
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    Keralam CM flags off containers from Vizhinjam, marking start of EXIM operations
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    DFS Hosts PSB Confluence 2026: Day 1 Deliberations focus on Four themes- Deposit Mobilisation, Banking for Youth, Supporting the Investment Cycle and ...
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    Govt to soon announce high-level panel on 'Banking for Viksit Bharat'
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August 18, 2026
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Currency management preserves monetary sovereignty through clean notes, secure logistics, decentralised distribution, durable banknotes, and sustainable cash-cycle operations.
Currency management supports trust in cash and monetary sovereignty through demand planning, secure production, distribution, replacement, and disposal. The Clean Note Policy requires good-quality banknotes to be available in required denominations and locations, with unfit notes continuously withdrawn and replaced. A decentralised Currency Chest network distributes fresh currency, processes returned notes, supports linked bank branches, and operates under licensing, real-time reporting, inspection, and audit requirements. Current priorities include managing uncertain cash demand, improving note durability, and reducing the carbon footprint of the cash cycle.
August 18, 2026
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Independent investigation of alleged dubious transactions requires examination of all six allegations despite prior police conclusions.
Investigation into alleged dubious transactions involving Indiabulls Housing Finance Limited and related entities must cover all six allegations identified by the Enforcement Directorate. The CBI must independently examine five allegations previously reviewed by the Delhi Police Economic Offence Wing, irrespective of its conclusion, and submit a comprehensive report. Further investigation into the sixth allegation depends on the special PMLA court deciding the CBI's pending application, after which the CBI must provide a progress or status report.
August 18, 2026
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Boss scam prevention requires independent verification of payment requests and avoidance of malicious WhatsApp attachments that enable executive impersonation.
Boss scam, or CEO impersonation fraud, uses malicious WhatsApp attachments and impersonation of regulatory officials or company executives to obtain control of WhatsApp sessions and issue fraudulent payment instructions. The alleged network supplied SIM cards, dummy SIMs, WhatsApp accounts and one-time passwords to cyber-fraud operators, illustrating a Cybercrime as a Service model. Preventive measures include avoiding suspicious ZIP, executable, library and APK files and independently verifying all financial-transfer requests.
August 18, 2026
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Floating-rate personal loan prepayment protections prohibit charges and compulsory lock-ins for qualifying individual non-business borrowers from 2026.
Prepayment charges are prohibited for part or full repayment of qualifying floating-rate loans availed by individual borrowers for non-business purposes and sanctioned or renewed on or after 1 January 2026. Compulsory lock-in periods cannot restrict prepayment of such loans. Fixed-rate personal loans may still attract prepayment or foreclosure charges under lender policy and contractual terms. Borrowers should check the loan's rate type, sanction letter, loan agreement and key fact statement, where applicable, and compare applicable charges with potential interest savings before early repayment.
August 18, 2026
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Premium Basmati rice positioning drives Zeeba's packaging refresh and ambassador-led campaign focused on quality, authenticity and domestic expansion.
Zeeba has refreshed its packaging and appointed Chef Vikas Khanna as global brand ambassador to support expansion in India. Its "Aisa Basmati Nahi Dekha" campaign positions the brand around export-quality Basmati rice, consistency, authenticity and a superior culinary experience. Promotional activity will extend across digital, retail and consumer touchpoints. The premium Basmati range is described as carefully sourced, naturally aged and processed according to global quality standards, with emphasis on grain quality, authentic taste, purity and consistency.
August 18, 2026
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Silver-collateral lending creates a formal secured-credit channel for eligible borrowers, subject to regulatory requirements and lender policies.
Loans against silver collateral have been introduced following the Reserve Bank of India's Lending Against Gold and Silver Collateral Directions, 2025, enabling eligible regulated lenders to accept silver as security. The offering provides a formal and transparent credit channel against eligible silver jewellery, ornaments and approved silver coins. It is intended for individuals, proprietors and MSMEs requiring liquidity for personal, business and other legitimate financial needs, subject to lending policies and applicable regulatory requirements.
August 18, 2026
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Healthcare discount membership provides instant savings on out-of-pocket care at participating premium providers without insurance claims or paperwork.
CarePass is a healthcare savings membership card providing instant point-of-billing discounts at participating premium healthcare providers across India. It covers out-of-pocket spending on hospital treatment, diagnostics, dental, vision, dermatology, hair and skin care, and IVF and maternity services, without claim processing, waiting periods or paperwork. Members present a digital CarePass at a participating provider to receive the applicable discount. Four membership tiers offer differing benefits, with higher tiers including tele-consultations and annual health checks. CarePass is a discount membership and not an insurance product.
August 18, 2026
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EXIM operations at Vizhinjam commence with container movement, supported by investor facilitation, infrastructure backing and port-led logistics development.
EXIM operations at Vizhinjam international seaport commenced with the flagging off of two containers after a successful trial export shipment. The state government proposes investor engagement, regulatory facilitation and infrastructure support to expand global export activities through the port. Mission Samudra is to operate as a port-led industrial and logistics development scheme. The deep-water port was developed under a public-private partnership model and had received commercial commissioning certification.
August 18, 2026
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Money-laundering investigation under PMLA expands through searches into alleged consultancy payments linked to CMRL and Exalogic Solutions.
Money-laundering investigation under the Prevention of Money Laundering Act involves fresh searches connected with Cochin Minerals and Rutile Ltd and Exalogic Solutions. The inquiry concerns alleged fraudulent payments made under the guise of IT consultancy services and a purported money trail involving persons allegedly connected with those transactions. The action follows earlier searches and questioning in relation to the same matter.
August 18, 2026
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Recruitment examination irregularities trigger money-laundering investigation into alleged bribery, paper leaks, answer-sheet tampering, and preferential veterinary officer selections.
Money-laundering investigation under the Prevention of Money Laundering Act concerns alleged irregularities in veterinary officers' final selection through a public recruitment examination. Searches covered premises linked to commission officials, alleged intermediaries, the digital evaluation entity, and selected candidates. Allegations include bribery demands, examination-paper leakage, OMR answer-sheet tampering, and facilitation of selection for relatives of commission officials.
August 18, 2026
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Export-import operations advance through operational preparedness review and planned port-led industrial and logistics development initiatives.
Operational preparedness for full land-based export-import operations at Vizhinjam Seaport was reviewed, including the Vehicle Traffic Management System. EXIM cargo operations follow a trial shipment of the port's first export container to Valencia. Mission Samudra is proposed to support port-led industrial and logistics development alongside these operations. The deep-water port was developed through a public-private partnership model and had obtained commercial commissioning certification before its dedication to the nation.
August 18, 2026
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Industrial corridor development prioritises empowered SPVs, integrated infrastructure and investor-ready parks to accelerate manufacturing investment and operations.
National Industrial Corridor Development Programme implementation prioritises timely infrastructure completion, land allotment, investment mobilisation and commencement of manufacturing. PM GatiShakti-aligned planning requires integrated connectivity, utilities and social infrastructure, while States should resolve land, clearance and SPV-power bottlenecks. BHAVYA proposes investment-ready, plug-and-play industrial parks appraised for ready land, credible demand, connectivity, utilities, realistic phasing and early investor attraction. NICDIT routes Government participation and equity support for BHAVYA project SPVs, and NICDC coordinates implementation and monitoring.
August 17, 2026
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RERA compliance exemption for stalled housing projects raises whether statutory obligations may be waived to enable phased project completion.
RERA compliance exemption is sought for completion of 16 stalled residential projects by a public sector construction entity appointed under a project-completion arrangement. The appellate insolvency tribunal declined to direct a waiver, considering itself incompetent to exempt compliance with statutory provisions. The arrangement requires phased completion, award and commencement of construction work, and oversight through an apex committee and project-wise committees. The projects remain incomplete owing to the developer's financial crisis.
August 17, 2026
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Deposit mobilisation and youth banking guide strategies for stronger public financial institutions, investment financing and Global Capability Centre opportunities.
PSB Confluence 2026 considers strategic priorities for Public Sector Banks and Public Financial Institutions across deposit mobilisation, banking for youth, investment-cycle financing and Global Capability Centres. Discussions seek practical, scalable strategies to strengthen customer engagement, youth-responsive banking propositions, institutional financing capabilities and participation in the expanding Global Capability Centre ecosystem. Youth engagement may use the MY Bharat platform to strengthen links with the formal financial system and awareness of education finance, entrepreneurship, internships and financial-sector careers. Further themes include value-chain infrastructure, priority sector lending and credit card business reform.
August 17, 2026
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Banking-sector reform will guide lender capacity, financial stability, inclusion, consumer protection, deposit growth and responsible credit-card expansion.
Banking-sector reform is proposed through a high-level committee on Banking for Viksit Bharat to review the sector and align it with growth needs while safeguarding financial stability, financial inclusion and consumer protection. Key themes include deposit mobilisation, youth banking, investment support, global capability centres, value-chain infrastructure, credit cards and priority-sector lending. Public-sector banks are expected to improve competitiveness through technology, sectoral expertise, product adaptation and customer-focused deposit growth. Credit-card development must maintain responsible underwriting, customer protection and appropriate risk controls.
August 17, 2026
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FCNR(B) concessional swap facility availability narrows to timely mobilised deposits amid rupee depreciation and foreign currency inflow concerns.
Foreign-exchange conditions reflected rupee depreciation amid weak domestic equity markets and higher crude oil prices. FCNR(B) concessional swap facility availability is confined to foreign currency deposits mobilised by banks within the revised cut-off period, replacing the previously longer mobilisation window. The facility is intended to encourage foreign currency inflows, while banks use the FCNR(B) scheme to mobilise foreign currency deposits through attractive interest rates.
August 17, 2026
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Banking sector review panel will align future growth with financial stability, inclusion and consumer protection through government recommendations.
High Level Committee on Banking for Viksit Bharat is proposed to comprehensively review the banking sector and align it with India's next phase of growth. It is intended to safeguard financial stability, financial inclusion and consumer protection, while providing views and recommendations to the Government on banking-sector development and reform.
August 17, 2026
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Prime Minister Internship Scheme enhances youth employability through paid industry exposure, cross-field learning, workplace readiness and potential full-time employment.
The Prime Minister Internship Scheme provides paid internships with leading companies across India to improve youth employability through practical workplace exposure, industry experience and skills development. It addresses the gap between classroom learning and employers' expectations of workplace readiness. Participation is not confined to academic qualifications, allowing youth to pursue fields of interest and gain hands-on professional learning. Strong internship performance may lead to full-time roles, while the scheme stresses responsible work where errors may affect quality, consumer safety and organisational reputation.
August 17, 2026
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SAFTA origin fraud in areca imports allegedly enabled improper duty exemption through false Bangladeshi-origin declarations.
SAFTA preferential duty treatment for areca-nut imports was allegedly misused by falsely declaring goods originating in South-East Asian countries as Bangladeshi origin. Since areca nuts normally attract 100% basic customs duty, the scheme sought to obtain the full SAFTA exemption reserved for qualifying Bangladeshi goods meeting Rules of Origin requirements. The alleged mechanism included routing goods through Bangladesh, changing containers and bags, using improperly obtained Certificates of Origin, and facilitating clearance through importers, Customs Brokers and IEC holders. Investigative findings also indicated cash proceeds, hawala channels and dummy entities.
August 17, 2026
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FCNR(B) concessional swap facility closure may reduce temporary foreign-currency inflow support and heighten rupee weakness concerns.
The Reserve Bank of India restricted its concessional swap facility for FCNR(B) deposits to deposits mobilised by August 31, advancing the earlier cut-off date. The facility was intended to encourage foreign-currency inflows, while banks mobilise such deposits through attractive interest rates. Market commentary indicated that existing inflows may support the rupee in the near term, but the curtailed availability of the facility could reduce this temporary cushion and increase depreciation risk.

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HIGHLIGHTS

September 2, 2025

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New Delhi, Sep 2 (PTI) Following are the top stories at 9 pm: NATION CAL53 BH-PM-2NDLDALL MOTHER

I may forgive RJD-Cong but people of Bihar won't pardon them for insulting my dead mother: PM Patna: In his first reaction to the alleged abuses hurled at his mother during the 'Voter Adhikar Yatra' in Bihar, Prime Minister Narendra Modi on Tuesday said he was "deeply pained" by the incident, but asserted that while he might forgive the RJD and the Congress, the people of the state will never "pardon them".

DEL61 DL-KHERA-2NDLD NOTICE

Poll body's notice to Cong's Pawan Khera for name in 2 constituencies of Delhi New Delhi: Poll authorities in Delhi have issued a notice to Congress leader Pawan Khera for allegedly getting himself registered in the electoral roll of more than one constituency.

DEL75 BJP-CONG-KHERA-2NDLD VOTE THEFT

Cong is 'quintessential vote chor', alleges BJP; raises issue of Pawan Khera's 2 voter IDs New Delhi: The BJP on Tuesday alleged that Congress leader Pawan Khera had two voter IDs and Rahul Gandhi was running a campaign against voter-roll revision in Bihar to "protect and hide" his party's theft of votes.

DEL76 KHERA-BJP-LD EC

BJP conceded that EC failed to maintain integrity of electoral rolls: Khera on 2-voter cards charge New Delhi: Congress leader Pawan Khera hit back at the BJP on Tuesday after it alleged that he has two voter IDs, saying in a bid to target him and his party, it has ended up targeting the Election Commission (EC) and left the poll body "bleeding".

DEL73 HP-2NDLD WEATHER

Rains batter Himachal: 2 dead in house collapse, 1,337 roads closed, schools shut in Shimla Shimla: Two women were killed in house collapse incidents as torrential rains triggered landslides and flash floods across Himachal Pradesh on Tuesday, blocking 1,337 roads, including four national highways, officials said.

DEL71 INDIA-PAK-FLOOD ALERT

India warns Pakistan of likely flooding in Sutlej amid heavy rains: Sources New Delhi: India has warned Pakistan about the "high probability" of flooding in the Sutlej river, with incessant rainfall in the northern states forcing the release of excess water from major dams, sources said on Tuesday.

BOM50 MH-QUOTA-3RD LD JARANGE

We have won, says Jarange as govt accepts most of his demands on day 5 of fast; 'will leave Mumbai' Mumbai: Activist Manoj Jarange on Tuesday declared victory on the fifth day of his fast after the Maharashtra government's cabinet sub-committee on Maratha quota accepted most of his demands, including giving Kunbi caste certificates to eligible Marathas.

BOM67 MP-HOSPITAL-LD RATS

After rats gnaw on 2 newborns in MP hospital, 1 baby dies of pneumonia; action against 3 staffers Indore: After rats gnawed on two newborn babies at the government-run Maharaja Yashwantrao Hospital (MYH) in Madhya Pradesh's Indore, one of these two infants - a girl - died of pneumonia on Tuesday, an official said.

BUSINESS DEL74 BIZ-4THLD-INDIA-US-TRADE

India hopeful of concluding trade pact with US by 'Nov or so': Piyush Goyal New Delhi: Commerce and Industry Minister Piyush Goyal on Tuesday expressed hope that India will conclude the proposed bilateral trade agreement (BTA) with the US by the fall or November this year.

DEL62 BIZ-LD INDIA-US-WTO-COPPER

India seeks WTO consultations with US over 50 pc duty on copper New Delhi: India on Tuesday sought consultations with the US under the World Trade Organisation's (WTO) safeguard agreement over 50 per cent tariffs imposed on certain copper products by America.

DEL54 BIZ-LD GOYAL-AI

AI big opportunity; going to increase jobs: Goyal New Delhi: Commerce and Industry Minister Piyush Goyal on Tuesday said Artificial Intelligence (AI) offers huge opportunities, and it is only going to increase jobs in the country.

DEL52 BIZ-FINMIN-BUDGET

Finance ministry to kick-start FY27 Budget making exercise from October 9 New Delhi: The finance ministry will kick-start the exercise to prepare the annual budget for 2026-27 from October 9 in the backdrop of geopolitical uncertainties and the steep US tariff of 50 per cent imposed on shipments from India.

LEGAL LGD29 DL-HC-3RDLD RIOTS-BAIL ORDER

Feb 2020 riots bail verdict: Conspiratorial violence under garb of protest not allowed, says HC New Delhi: Denying bail to nine persons including Umar Khalid and Sharjeel Imam in the "larger conspiracy" case of February 2020 riots, the Delhi High Court on Tuesday ruled "conspiratorial" violence under the garb of demonstrations or protests by citizens cannot be allowed.

LGD26 DL-HC-2NDLD RIOTS-BAIL ORDER

2020 riots: Delhi HC denies bail to Sharjeel Imam, Umar Khalid, 8 others New Delhi: Activists Umar Khalid, Sharjeel Imam and eight others, who are behind bars for last five years, were on Tuesday denied bail by the Delhi High Court in an anti-terror law case linked to the alleged conspiracy behind the February 2020 riots in the national capital.

LGD25 SC-ASSENT-LD BILLS

Prez reference: Court can't refuse to answer constitutional question even if row political, says SC New Delhi: The Supreme Court on Tuesday said the power of judicial review forms part of the basic structure and courts cannot decline an answer to constitutional questions even if the controversy was political in nature.

LGD22 HR-COURT-YOUTUBER

Espionage case: Court extends YouTuber Jyoti Malhotra's judicial custody till Sep 10 Hisar: A court here on Tuesday extended till September 10 the judicial custody of YouTuber Jyoti Malhotra who was arrested in May on suspicion of espionage.

FOREIGN FGN44 US-BOLTON-INDIA-TRUMP

Trump sent India back toward Russia, closer to China, 'shredded' decades of efforts: US' former NSA New York: President Donald Trump has “shredded” decades of Western efforts to wean India away from Russia and caution it on the threat posed by China, US' former National Security Adviser John Bolton has said, noting that the American leader's tariff policies and claims of ending the recent India-Pakistan military conflict worsened the situation. By Yoshita Singh

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