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    VinFast India Partners with Federal Bank to Strengthen Dealer Financing Ecosystem
    Sugar prices soar to Rs 70 per kg ahead of festive season in Bengal, jaggery also dearer
    Rupee gains 9 paise to 95.65 against US dollar in early trade
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    Quebec remains cautious on Canada-US trade deal as Ottawa pushes to restore US alcohol
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August 21, 2026
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Dealer inventory financing supports working-capital flexibility, vehicle inventory management and electric-vehicle network expansion for authorised dealers.
Dealer inventory financing is to be provided by Federal Bank to VinFast India's authorised dealer network under a memorandum of understanding. The tailored financing is intended to improve dealers' working-capital flexibility, support maintenance of vehicle inventory, strengthen operational capability, and enable timely response to demand as the electric-vehicle distribution network expands.
August 21, 2026
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Sugar supply pressures drive festive-season price increases as imports, stockholding limits and ethanol diversion shape market conditions.
Sugar prices in Bengal have risen sharply ahead of the festive season, with higher prices also affecting jaggery and other sugar-derived products. Supply constraints, mill stock releases, lower production in Brazil, ethanol diversion and possible hoarding have been identified as contributing factors. Raw-sugar imports have been permitted to augment availability, while stockholding restrictions limit inventories of specified bulk consumers. Lower projected closing stocks and possible future production effects from El Nino may sustain pressure on sugar availability and increase costs for sweetmeat producers.
August 21, 2026
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Foreign currency inflows and FCNR(B) deposits supported rupee sentiment, while oil prices and geopolitical risks constrained currency strength.
The rupee strengthened marginally against the US dollar as the dollar index softened, but elevated crude oil prices, geopolitical uncertainty, reduced foreign participation and net foreign equity outflows constrained currency sentiment. RBI measures to attract foreign currency inflows, including FCNR(B) deposits, were expected to generate substantial inflows, although these had not produced meaningful rupee strength. Energy-market disruption and restrictions on fuel exports through the Strait of Hormuz added to external-sector pressures.
August 21, 2026
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Sovereign security production priorities emphasise compliance, modernisation, employee innovation and operational excellence across currency, passport and coinage manufacturing.
SPMCIL performs a sovereign production mandate covering secure currency, coinage, passports and other products of national importance through its mints, currency presses, security presses and paper mill. Modernisation, compliance, transparency, efficiency, productivity, quality and corporate governance support the fulfilment of sovereign requirements. Individual employees and units were recognised for performance in productivity, environment and safety, energy conservation, knowledge and development, vigilance, and official-language implementation.
August 20, 2026
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Customs enforcement against suspected gold smuggling leads to baggage seizure and apprehension of the alleged intended receiver.
Customs officers intercepted an arriving passenger at the green channel on intelligence inputs and examined baggage after X-ray screening indicated suspicious images. The examination recovered two oval capsules containing gold paste concealed in the baggage. Interrogation indicated that an alleged receiver was waiting outside the airport to collect the suspected smuggled gold. Customs officers apprehended the alleged receiver, and further investigation remains underway.
August 20, 2026
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Provincial alcohol sales restrictions remain subject to economic impact assessment under proposed bilateral trade agreement negotiations.
Provincial control over alcohol distribution remains distinct from federal trade-making authority. Quebec retains authority over whether United States alcohol is offered through its government-controlled liquor distribution system, despite lacking a veto over a bilateral trade agreement. Federal requests to restore United States alcohol to retail shelves cannot compel provincial action. Proposed trade commitments also concern restrictions on United States agricultural products and Canada's dairy import regime, which applies lower tariffs within designated import volumes and higher duties beyond those volumes.
August 20, 2026
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Electoral-roll verification found no reported cases of specified foreign nationals receiving identity-linked benefits or voter registration.
Electoral-roll special intensive revision recorded no reported cases of Pakistani, Bangladeshi or Iranian nationals obtaining Aadhaar cards, ration cards, other government benefits, or voter registration. Illegal immigrants are identified through police monitoring, intelligence measures, specialised operations and a Special Task Force. Overstayers are recorded through the District Police Module and Foreigners Identification Portal and produced before Foreigners Regional Registration Officer authorities. Persons found to be residing illegally are reported to the concerned central divisions, proceeded against through registered cases, retained pending case disposal and exit permits, and subjected to deportation steps.
August 20, 2026
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Raw sugar tariff-rate quota permits duty-free imports while bulk consumers face consumption-based sugar stockholding limits.
Raw sugar imports are permitted duty-free under a tariff rate quota until 31 October 2026, with online allocation to eligible millers and refiners having functional refining capacity. Applicants must provide a refining-capacity declaration and supporting Consent to Operate; preference applies to importers undertaking timely completion of imports, while non-utilisation or failure to surrender allocations constitutes non-compliance. Bulk sugar consumers meeting the prescribed consumption threshold are subject to a stock cap of 15 days' consumption from 1 September to 30 November 2026.
August 20, 2026
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Duty-free raw sugar imports under tariff rate quota seek to improve domestic supply and contain rising sugar prices.
Duty-free import of 10 lakh metric tonnes of raw sugar is permitted under a tariff rate quota until 31 October 2026. The import-policy measure seeks to increase domestic raw-sugar availability and restrain rising local prices amid reduced opening stocks. Price-containment measures also include a stockholding limit for bulk consumers using more than 10 tonnes of sugar monthly, restricting holdings to 15 days' consumption.
August 20, 2026
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Reservation policy implementation is strengthened through capacity building, uniform institutional practices, welfare measures, and improved financial accessibility for Divyangjans.
Reservation policy implementation across Public Sector Banks, Public Sector Insurance Companies, sectoral regulators and Public Financial Institutions is being strengthened through a capacity-building workshop. The programme seeks uniform and effective application of Government reservation policies and related welfare measures. Senior human-resource functionaries and Chief Liaison Officers considered practical implementation issues, actionable measures for consistency, and operational concerns. It also focuses on improving accessibility of financial services for Divyangjans.
August 20, 2026
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Startup ecosystem support expands through digital infrastructure, mentorship, market linkages and specialised assistance for energy and climate-tech innovation.
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August 20, 2026
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India-Singapore economic cooperation advances through trade, investment, technology and business linkages, including agriculture, fintech and sustainable infrastructure collaboration.
India-Singapore economic cooperation was advanced through ministerial, business and government-to-business engagements focused on deepening bilateral trade, investment, technology and commercial linkages. Discussions addressed agri-exports, GCC-based commercial parks, fintech and sustainable infrastructure, alongside expanding agricultural market linkages. The engagements reinforced commitment to strengthening trade, investment, technology and business-to-business cooperation.
August 20, 2026
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Multi-Currency EEFC settlements let exporters retain foreign earnings and choose conversion timing for overseas payment obligations.
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Exchange stabilisation support aims to strengthen foreign-exchange resilience, reduce rollover dependence and restore access to longer-term market financing.
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August 20, 2026
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Elephant ivory trade prohibition supports enforcement against wildlife trafficking, seizure of carved ivory articles, and further investigation.
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August 19, 2026
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Forged health-scheme cards allegedly enabled ineligible treatment and misuse of public healthcare funds through false beneficiary details.
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Corp. Laws / SEBI / IBC

SC directs EC to include Aadhaar as 12th valid document for Bihar SIR

September 8, 2025

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New Delhi, Sep 8 (PTI) The Supreme Court on Monday directed that Aadhaar card "must" be included as an identity proof of voters in the special intensive revision exercise of electoral rolls in Bihar and gave the Election Commission the course of the day to implement the direction.

Adding the Aadhaar card to the list of 11 prescribed documents in the special intensive revision (SIR) exercise, a bench of Justices Surya Kant and Joymalya Bagchi made it clear the Aadhaar will not be a proof of citizenship.

In its order on the much debated issue, the apex court said the Election Commission can ascertain the genuineness of Aadhaar card number submitted by an elector for inclusion in the electoral roll.

The top court also sought EC’s explanation on showcause notices it issued to poll officials for not accepting Aadhaar card from voters.

"It is clarified that Aadhaar will also be included as an identity document for inclusion/identification of voters in Bihar," the bench said, adding, "Aadhaar shall be treated as 12th document by the EC. However, it is open for the authorities to examine the validity and genuineness of Aadhaar submitted by the voters. It is clarified that Aadhaar will not be treated as proof of citizenship." At the moment for Bihar SIR, there are 11 prescribed documents which electors have to submit with their enumeration forms for inclusion into the electoral roll.

The order brings Aadhaar at par with other prescribed documents including passport, birth certificate as valid proof of identity.

According to EC's June 24 notification, the final electoral roll is scheduled to be published on September 30.

Observing nobody wants the EC to include illegal immigrants in the electoral roll, the bench stressed only genuine citizens will be allowed to vote and those claiming to be genuine on the basis of forged documents will be excluded from the electoral roll.

Senior advocates Kapil Sibal and Shoeb Alam, appearing for RJD alleged despite three orders of the apex court asking the poll panel to accept Aadhaar cards as a valid proof of identity, the EC wasn't accepting it and even issuing showcause notices to poll officials, who were accepting it from electors.

Senior advocate Rakesh Dwivedi, appearing for the poll panel, submitted 99.6 per cent of the 7.24 crore voters in the draft roll had submitted documents and the petitioners' plea to include Aadhaar as the 12th prescribed document would not serve any practical purpose.

The bench referred to provisions of Aadhaar Act of 2016 and the Representation of Peoples Act and said Aadhaar couldn't be elevated to as a proof of citizenship but could only be considered as a proof of identity.

Justice Bagchi said of the 11 prescribed documents listed for Bihar SIR, only passport and birth certificates were conclusive proofs.

"Aadhaar is not alien to the Representation of People Act and Section 23 (4) of the Act allows Aadhaar as a proof of identity," he said.

Justice Bagchi added, "The statute as well as judicial decisions says that Aadhaar is not a valid proof of citizenship. But it is indeed a proof of identity and has some value as per statutes. You should examine it." The bench during the hearing told Sibal that Aadhaar alone couldn't be a valid proof of citizenship and had to be accompanied by other documents.

Sibal said he did not want Aadhaar to be accepted as proof citizenship but a valid proof of identity for voters, as booth level officers (BLO) couldn't determine a person's citizenship.

Dwivedi, however, submitted the petitioners actually wanted Aadhaar to be considered as a proof of citizenship and warned against "misuse".

"Petitioners want Aadhaar to be used as a proof of citizenship. We cannot allow that misuse. Around 99.6 per cent have submitted one of the 11 prescribed documents. This court has allowed Aadhaar to be used for 65 lakh people who were excluded from the draft roll. Now, over 250 people have filed their claim using Aadhaar. This is not even 1,000 people. For whom they are seeking Aadhaar is a question to be asked. We must look at the holistic picture," he said.

Dwivedi said for the purpose of electoral roll, the EC had the power to look into citizenship, claiming to have detected around 0.3 per cent illegal immigrants.

Advocate Ashwini Kumar Upadhyay, who has sought SIR in other states like Assam and West Bengal, said if Aadhaar was allowed, then the entire revision exercise would be futile as illegal immigrants, including Rohingyas would turn voters.

The bench reiterated in India every document can be forged but the genuineness can be ascertained by the authorities.

The top court posted the hearing for September 15 and asked the EC to publish the order on its website.

The poll panel had previously said claims and objections in the draft electoral roll under the SIR exercise could be filed beyond September 1 but these would be considered once the electoral roll was finalised.

The SIR of voter list in Bihar -- the first since 2003 -- sparked a huge political row, with the opposition parties alleging that the exercise is aimed at depriving people of their right to vote.

The EC has maintained SIR's purpose was to clean the voter list by deleting names of people who are dead, possess duplicate voter cards or illegal immigrants.

The SIR's findings reduced the total number of registered voters in Bihar, from 7.9 crore before the exercise to 7.24 crore after conducting it. PTI MNL MNL AMK AMK

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