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    Previous LDF govt didn't fulfil many obligations related to Vizhinjam port: CM Satheesan
    Sitharaman calls on public sector banks to translate strength into competitiveness and leadership
    Sitharaman asks public sector banks to focus on youth; provide cool, simple banking to suit their needs
    I-T department officials discuss roadmap for improving services for taxpayers
    India-UK trade agreement to benefit Haryana's industries and services sector: CM Saini
    FM asks banks to keep pace with youth expectation; calls for outreach campaign from Oct 2
    CCI approves acquisition of certain equity shareholding in Bharti Life Insurance Company by Prudential Corporation Holdings
    Suspicious foreign remittances under I-T department scanner
    Delhi tightens rules for ration shops, makes big stock discrepancies an FIR offence
    Regional Rural Banks (RRBs) Record Strong Growth in Credit Delivery during FY 2025–26
    METSTO Delivers Adjustable Pallet Racking System Solutions for Warehouses
    China rolls out new measures to boost consumption in counties, smaller cities
    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
    Paul Merchants Finance Launches Loan Against Silver, Becomes India’s First NBFC to Set Up Exclusive Silver Loan Branches
    CarePass Launches This Independence Day, Bringing Healthcare Savings Across India's Top and Premium Hospitals
    Keralam CM flags off containers from Vizhinjam, marking start of EXIM operations
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    August 18, 2026
    Show AI Summary
    Port connectivity obligations shape Vizhinjam export-import operations, logistics integration, infrastructure acceleration, and scrutiny of prior stakeholder notification.
    Vizhinjam port concession obligations include road and rail connectivity to maximise the benefits of export-import operations. The State government proposes land acquisition funding for a ring-road project, is engaging with central ministries on rail connectivity, and is seeking to expedite national-highway construction. Mission Samudra is intended to connect Cochin port and 18 mini ports with Vizhinjam to support lower-cost, faster exports. Concerns were also raised over the State government not receiving prior intimation of a proposed stake transfer in the port project company.
    August 18, 2026
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    Public sector banking competitiveness requires distinct institutional strengths, early capability building and strategic support for economic growth priorities.
    Public sector banks are urged to use their customer base, branch networks, geographic reach, institutional experience and digital capabilities to build stronger competitive positions and leadership. Each bank may develop distinct areas of excellence based on geography, customer relationships, sectoral expertise, technology capabilities or international presence. Strategic priorities include deposit mobilisation, banking for youth, support for investment and global capability centres, agriculture and horticulture infrastructure, credit-card business reorientation and priority sector lending.
    August 18, 2026
    Show AI Summary
    Youth-focused banking requires public sector banks to deliver personalised digital services, financial awareness, and responsible credit engagement.
    Public sector banks are urged to implement sustained youth-focused banking through campus outreach, simple personalised round-the-clock services, dedicated youth support and financial awareness. Engagement should develop long-term relationships beyond account opening while preserving prudential standards. Youth should receive guidance on the formal credit ecosystem, including credit scores, credit history, bank credit products and government credit schemes, to support responsible credit discipline and future financial needs. A dedicated portal may provide a single access point for banking awareness and suitable financial opportunities.
    August 18, 2026
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    Taxpayer service improvement and litigation reduction guide administrative planning for stronger infrastructure, systems, coordination and future tax department functioning.
    Improvement of taxpayer services, reduction of tax litigation, infrastructure strengthening and preparation of an actionable roadmap for future Income Tax Department functioning were considered as operational priorities. Deliberations covered e-HRMS, service matters, reservation policy, systems administration, capacity building, expenditure budgeting, TDS administration, inter-agency coordination, and office infrastructure. Officials identified institutional challenges and priorities for strengthening taxpayer-facing and internal departmental functions.
    August 18, 2026
    Show AI Summary
    Duty-free UK market access strengthens export opportunities for Indian goods and services, supporting MSMEs, agriculture, manufacturing and global value-chain participation.
    India-UK Comprehensive Economic and Trade Agreement provides duty-free access to the UK market for nearly all Indian exports and may improve the competitiveness of Haryana's manufacturing, agricultural, MSME and services sectors. Preferential access covers products including textiles, engineering goods, auto parts, processed foods and pharmaceuticals, while agricultural exports remain subject to exceptions for sensitive products. The agreement also provides market access across 137 UK services sub-sectors, supporting IT, digital, professional, financial and technical services and facilitating global value-chain participation.
    August 18, 2026
    Show AI Summary
    Youth banking outreach promotes campus engagement, financial awareness, responsible credit discipline and long-term access to formal banking services.
    Public sector banks are urged to conduct a month-long "Banking for Youth" outreach campaign from 2 October 2026 for persons above 16 years of age. Outreach through educational and skill-development campuses should combine account opening, financial awareness and direct engagement. Banks should develop tailored youth strategies to build long-term banking relationships. Proposed measures include online learning content, lifestyle-linked benefits, dedicated youth banking support, and awareness of credit scores, credit products and government credit schemes. A dedicated youth banking-awareness portal may serve as a single access point for appropriate banking services and financial opportunities.
    August 18, 2026
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    Competition approval for Prudential's acquisition of equity shareholding in an Indian life insurer supports the proposed insurance-sector combination.
    Competition approval has been granted for Prudential Corporation Holdings Limited to acquire certain equity shareholding in Bharti Life Insurance Company Limited. The acquirer is the holding company for its group's insurance and asset-management operations in Asia and supports operations in Asia and Africa. The target is an IRDAI-licensed Indian life insurer.
    August 18, 2026
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    Suspicious foreign remittance verification targets shell entities and requires accountants to conduct diligent taxability checks before certification.
    Verification of suspicious outward foreign remittances focuses on entities with little or no reported business activity, their controllers, and accountants issuing tax-determination certificates. Scrutiny addresses remittances disproportionate to reported turnover, non-filers, entities not operating from declared addresses, and payments whose stated purposes appear inconsistent with reported activity. Form 15CB/Form 146 certification requires accountants to examine taxability through books of account and relevant documentation, validating tax deduction at source and applicable treaty compliance. Accountants must exercise due care, diligence and professional judgment before certifying remittances.
    August 18, 2026
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    Fair Price Shop regulation introduces graded stock-shortage penalties, mandatory FIRs for major discrepancies, and restructured licensing requirements.
    Fair Price Shop regulation introduces quantity-based penalties for stock discrepancies, ranging from performance-guarantee forfeiture and replenishment obligations to interim suspension, cancellation-related action and mandatory FIR registration for major shortages. Repeated or deliberate diversion or manipulation of public distribution supplies may lead to cancellation, blacklisting and FIR registration. Licensing now includes continuing regular licences and short-term temporary licences, with wider eligibility, points-based selection, card-linked performance guarantees and compulsory approved e-PoS, weighing-scale and iris-scanner use.
    August 18, 2026
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    Priority sector lending strengthened rural credit access through agricultural, micro-enterprise and weaker-section finance, reinforcing financial inclusion and sustainable development.
    Regional Rural Banks expanded rural credit delivery while maintaining strong Priority Sector Lending performance during FY 2025-26. Almost all Regional Rural Banks met the prescribed overall priority-sector target. Agriculture and allied activities remained the largest priority-sector component, with farm credit accounting for nearly all agricultural lending. MSME finance predominantly supported micro enterprises, rural entrepreneurs, artisans and small businesses. Lending to weaker sections and finance for housing, education, renewable energy and social infrastructure promoted inclusive access to institutional credit and sustainable rural development.
    August 18, 2026
    Show AI Summary
    Adjustable pallet racking systems support customised, scalable warehouse storage through configurable layouts, safety assessment, installation and lifecycle support.
    Adjustable pallet racking systems are configurable warehouse-storage solutions for varied inventory dimensions, weights and product types. They support bulk pallet storage, multi-level picking and high-density configurations through adjustable beams and shelves, load-bearing capacity, structural durability and space-efficient layouts. Storage configurations are customised after assessing inventory dimensions, payload requirements, available space and material-movement frequency, with support for design, installation, inspections and after-sales service.
    August 18, 2026
    Show AI Summary
    Domestic consumption expansion targets lower-tier markets through improved retail channels, distribution networks, employment support and household income opportunities.
    China has introduced measures to strengthen domestic consumption in counties, smaller cities, townships and rural areas. The measures include upgrading township commercial centres, rural markets and local fairs; encouraging domestic and international brands to establish regional debut stores; and reusing existing land resources to improve services. They also seek better services for elderly persons and children, stronger urban-rural distribution networks, county-level employment and resident income channels. The strategy supports a shift towards household consumption amid weak domestic demand, property-sector pressures and subdued consumer sentiment.
    August 18, 2026
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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.

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      HIGHLIGHTS

      September 3, 2025

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      New Delhi, Sep 3 (PTI) Following are the top stories at 9.30 pm: NATION DEL74 LD RAIN

      Rain fury claims 4 lives in Himachal, J-K; cripples life across north India New Delhi: The downpour across north India showed no signs of easing on Wednesday as a rain-triggered landslide and structural collapse claimed four lives in Himachal Pradesh and Jammu and Kashmir, pummelled regions already on edge and forced the suspension of classes, flights, trains and even cremations.

      DEL72 PM-SCHEME

      Scheme to promote critical mineral recycling will boost capacities to recycle battery waste: PM New Delhi: Prime Minister Narendra Modi on Wednesday said the Cabinet's nod to an incentive scheme to promote critical mineral recycling will boost capacities to recycle battery waste and e-waste, promote investment and encourage job creation.

      DEL59 BIHAR-BJP

      Oppn's anti-SIR stir, abuse against Modi's mother figure in BJP's huddle on Bihar New Delhi: The Opposition's campaign against SIR in Bihar and the NDA's counter-offensive on the issue of abuse aimed at Prime Minister Narendra Modi's mother figured in a meeting of state BJP leaders with the party's top brass, including Home Minister Amit Shah, on Wednesday as they deliberated over the roadmap for the assembly polls.

      DEL63 JAISHANKAR-ARIHA

      India asks Germany to send back baby Ariha New Delhi: India on Wednesday called upon Germany to ensure early return of Indian baby girl Ariha Shah who has been living in a foster care in Berlin for nearly four years.

      CAL19 BH-ABUSE-LD TEJASHWI

      PM's emotional outburst over 'abuses' example of 'impure and insincere' politics, claims Tejashwi Patna: RJD leader Tejashwi Yadav on Wednesday termed the emotional outburst of Prime Minister Narendra Modi a day ago over alleged abuses hurled at him during the recent 'Voter Adhikar Yatra' in Bihar as "impure and insincere politics".

      BOM41 MH-LDALL QUOTA

      Jarange exults, Bhujbal sulks: Minister skips cabinet meet, says will challenge Maratha quota GR Mumbai: Maharashtra minister and prominent OBC leader Chhagan Bhujbal on Wednesday skipped a cabinet meeting and later expressed displeasure over a government order on granting Kunbi status to eligible Marathas for quota, indicating he will mount a legal challenge.

      MDS24 TL-BRS-3RDLD KAVITHA

      Kavitha announces resignation from BRS, MLC post Hyderabad: A day after her suspension from KCR-led BRS, senior leader K Kavitha on Wednesday announced her resignation from the party and trained her guns against cousin and former minister T Harish Rao.

      DEL46 LEFT-RIOTS-BAIL ORDER

      'Travesty of justice': Left parties on denial of bail to Umar Khalid, others New Delhi: Left parties on Wednesday deplored the denial of bail to Umar Khalid, Sharjeel Imam and others by the Delhi High Court in the "larger conspiracy" case of February 2020 riots, calling it a "travesty of justice".

         MDS22 KA-DASARA-BANU-INVITATION

      Mysuru district administration formally invites Banu Mushtaq to inaugurate Dasara Hassan (Karnataka): Mysuru district administration on Wednesday formally invited International Booker Prize winner Banu Mushtaq to inaugurate this year's 'Mysuru Dasara', despite objections from some sections, including the opposition BJP.

      DEL49 NCR-WANTED GANGSTER-2NDLD ARRESTED

      Haryana's most-wanted criminal repatriated from Cambodia, arrested New Delhi/Gurugram (Hry): Mainpal Dhilla, a notorious criminal wanted by the Haryana Police, was arrested after he was extradited from Cambodia in an operation coordinated by the CBI in collaboration with the state police and the Union ministries of home and external affairs, officials said on Wednesday.

      BOM35 MP-RATS-NEWBORN-DEATH

      Another newborn girl, bitten by rats at govt hospital in Indore, dies due to septicemia Indore: A second newborn girl, bitten by rats at Indore's government-run Maharaja Yashwantrao Hospital (MYH), died on Wednesday with the medical facility's administration attributing the cause to septicemia (blood poisoning or blood infection).

      BUSINESS DEL64 BIZ-LDALL GST

      GST Council begins work to rejig tax rates; opposition states seek revenue protection New Delhi: The work to overhaul the tangled goods and services tax (GST) began on Wednesday as the government looks to cut the tax rate on common-use items, ranging from butter to certain footwear and apparel, in an attempt to boost domestic spending and cushion the economic blow of US tariffs.

      DEL60 BIZ-GOLD-LD PRICE

      Gold prices storm past Rs 1.07 lakh per 10 g on geopolitical tensions, worries over US economy New Delhi: Gold prices rallied Rs 1,000 to touch a fresh record high of Rs 1,07,070 per 10 grams in the local markets on Wednesday amid hopes of a rate cut by the US Federal Reserve, mounting geopolitical tensions and growing worries around the US economy.

      DEL58 BIZ-GST-JK LD

      GST Council meet: JK CM Abdullah seeks central support for terror-hit economy New Delhi: Highlighting the devastating impact of the Pahalgam terror attack on the economy of Jammu and Kashmir, Chief Minister Omar Abdullah on Wednesday sought the Centre's support to deal with the situation.

      DEL62 BIZ-GOYAL-EXPORTERS

      Goyal assures help to exporters to deal with global trade uncertainties New Delhi: Commerce and Industry Minister Piyush Goyal on Wednesday assured exporters to support them in dealing with steep tariffs imposed by the US, an official said.

      LEGAL LGD10 UP-COURT-LD RAHUL

      Allahabad HC reserves verdict on Rahul Gandhi's plea Prayagraj: The Allahabad High Court on Wednesday reserved its verdict over a special court's order directing a magisterial court to consider the plea for FIR against Congress MP Rahul Gandhi for a statement he made in the US.

      LGD13 DL-HC-EV SUBSIDY

      Delhi HC directs govt to disburse subsidies promised to EV buyers New Delhi: The Delhi High Court on Wednesday ordered the Delhi government to take immediate steps to disburse the subsidies promised to customers for buying electric vehicles and said procedural hurdles cannot be used as a pretext to delay payments.

      LGD12 DL-HC-DOG CUSTODY

      Pet's custody: Delhi HC asks TMC MP Moitra, Dehadrai to 'sort out issue' New Delhi: The Delhi High Court on Wednesday sought TMC MP Mahua Moitra's response to a plea filed by advocate Jai Anant Dehadrai against an order restraining him from publicising the issue related to custody battle over a pet dog.

      FOREIGN FGN35 US-TRUMP-LD INDIA

      Trump says India kills us with tariffs, claims Delhi now offers 'no tariffs' to America New York/Washington: India kills the US with tariffs and the country has now offered “no tariffs” to America, President Donald Trump has said, amid New Delhi's escalating tensions with Washington over his administration's policies on trade and tariffs. By Yoshita Singh

      FGN45 PAK-FLOODS-INDIA

      Water experts deny India deliberately released water to cause floods in Pakistan’s Punjab: report Islamabad, Sep 3 (PTI) India cannot be directly blamed for the devastating monsoon flooding in Pakistan this year, and the catastrophic rains have caused far greater destruction upstream of the border rather than in the country, hydrology experts explained on Wednesday. By Sajjad Hussain

      FGN36 US-INDIA-LAWMAKER

      Visit to India helped catalyse 'early signals' on reducing Russian oil imports: US lawmaker New York/Washington: An influential US lawmaker, who undertook a two-week intelligence mission to South Asia, has claimed that his visit to India helped catalyse "early signals" that New Delhi may reduce its imports of Russian oil, a step he described as "meaningful" in weakening Moscow's ability to fund its war in Ukraine. By Yoshita Singh

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