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    Keralam CM reviews operational preparedness at Vizhinjam port
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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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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.
August 16, 2026
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Temporary tariff suspension for earthquake recovery is sought to ease pressure on affected Colombian businesses.
Temporary suspension of high tariffs on Colombian products has been sought to support business recovery following a severe earthquake declared a natural disaster. The request links tariff relief to economic disruption affecting businesses amid extensive destruction, injuries and missing persons. United States emergency assistance has been provided through food, shelter and health supplies, while no response to the tariff-suspension request had been reported.
August 16, 2026
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Port-led industrial development and direct export operations aim to expand logistics infrastructure, market access and trade connectivity.
Mission Samudra is proposed as a port-led industrial and logistics development programme linked to the commencement of export-import operations at Vizhinjam seaport. It covers industrial clusters, new cities, port connectivity, logistics, development initiatives, programme management and capacity building. Direct export shipments are intended to improve overseas-market access and reduce transit time and logistics costs, particularly for small and medium enterprises. The framework also anticipates growth in warehousing, cold storage, container freight stations and logistics parks, supported by private participation and road and rail connectivity.
August 16, 2026
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Electric vehicle export diversification strengthens India's presence across European, Asia-Pacific and Latin American markets through expanding overseas demand.
India's electric motor car exports expanded sharply in the first quarter of 2026-27, reflecting increased international acceptance and competitiveness of India-manufactured electric vehicles. Europe became the principal export destination, led by Spain and the United Kingdom, with further demand across several European markets. Exports also reached Asia-Pacific markets, Nepal and emerging Latin American destinations. This wider market presence reflects improving quality and safety standards, stronger integration into global electric-vehicle supply chains, and diversification of India's electric-vehicle export profile.
August 16, 2026
Show AI Summary
LPG production preparedness requires refiners and upstream producers to maintain capacity and increase output during supply constraints.
Government has established a standing LPG production preparedness framework under which refining companies, oil marketing companies and upstream producers may be directed to increase production during supply constraints. Companies must maintain adequate LPG storage, evacuation and transportation infrastructure and pursue technically and economically feasible production-enhancing measures. Written directions may prescribe production quantities and periods, including restrictions on alternative uses of input streams required for LPG. The production schedule is updated twice yearly to reflect new facilities and added capacity from infrastructure, technology and distribution improvements.
August 16, 2026
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Free trade agreement market access requires MSMEs, farmers and exporters to meet global quality standards.
Free trade agreements expand market-access opportunities for Indian MSMEs, exporters and producers through reduced or eliminated import duties on traded goods. Textiles, machinery, medicines, seafood and agricultural products can access international markets where they meet global standards and remain competitively priced. Farmers and producers are encouraged to develop export-oriented products, including chemical-free agricultural produce, while MSMEs may use preferential trade access to support manufacturing, exports, employment and growth.
August 15, 2026
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Chemical-free farming can strengthen agricultural exports by meeting global standards and responding to rising international demand.
Chemical-free farming is urged to meet growing global demand and expand agricultural exports. Agricultural products must meet global parameters to facilitate access to international markets, including markets opened through free trade agreements. Food processing, export-oriented farm production, and global branding of traditional cuisine, millets, spices, fruits and flowers are identified as important elements of agriculture and food production policy.
August 15, 2026
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Voluntary foreign asset disclosure allows eligible taxpayers to regularise overseas holdings with immunity from further tax, penalties and prosecution.
FAST-DS permits eligible taxpayers to disclose specified undisclosed foreign assets, foreign income, and foreign assets omitted from return schedules. Undisclosed assets or income not previously offered to tax may be declared up to Rs 1 crore on payment of an effective 60 per cent levy, based on fair market value as of 31 March 2026. Assets already offered to tax, or acquired during non-resident status but omitted from the return schedule, may be declared up to Rs 5 crore on payment of a fee. Valid declarations provide immunity from further tax, penalty and prosecution, while declared amounts are excluded from total income.
August 15, 2026
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Global pharmaceutical leadership is urged through Indian firms achieving top-five status, supported by generic manufacturing and export capacity.
Indian pharmaceutical companies are urged to attain representation among the world's five leading pharmaceutical firms, despite India's established position as a major producer of generic medicines. India has a broad manufacturing base, supplies generic medicines across numerous therapeutic categories, and exports to worldwide markets including highly regulated jurisdictions. Although pharmaceutical exports and the domestic market have expanded, Indian firms have not yet secured positions among the largest global companies. Greater international scale may be supported through acquisitions and expanded established-brand and branded-generic operations.
August 15, 2026
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Foreign asset voluntary disclosure permits eligible small taxpayers to regularise qualifying assets through tax, additional levy, and statutory immunity.
FAST-DS permits eligible small taxpayers to voluntarily disclose specified foreign assets or foreign income. It covers undisclosed foreign assets or income not offered to tax, subject to an aggregate value threshold of Rs 1 crore, and certain foreign assets omitted from the relevant return schedule, subject to a Rs 5 crore threshold and prescribed fee. Payment comprises 30 per cent tax and an additional equal amount. Disclosed income or investment is excluded from total income, with immunity from further tax, penalty and prosecution under the Black Money Act for the disclosed asset or income.
August 15, 2026
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Free trade agreement opportunities require MSMEs to meet global standards and expand exports across textiles, machinery, medicines and seafood.
Free trade agreements are presented as export-market opportunities for Indian MSMEs because they reduce or eliminate import duties on a substantial range of traded goods. MSMEs are urged to expand exports of textiles, machinery, medicines and seafood, including shrimp, by meeting global quality standards and offering products competitively. Their export role is linked to self-reliance and their significant contribution to manufacturing, exports, GDP and employment.

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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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