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    Rupee falls 8 paise to 95.38 against US dollar in early trade
    Punjab Assembly passes nine key bills
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    'Organised loot' of Rs 2.86 lakh crore from people's pockets: Surjewala accuses govt
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    Parliament passes The Bankers' Books Evidence Bill, 2026
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    August 10, 2026
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    GST refund facilitation expands provisional input tax credit refunds and removes the minimum threshold for export-related IGST refunds.
    Punjab's GST amendments facilitate voluntary compliance and reduce procedural burdens by allowing a 90 per cent provisional input tax credit refund in inverted duty structure cases and removing the minimum threshold for IGST refunds on exported goods. Additional measures cap annual fee increases by private unaided educational institutions, establish digital open universities for technology-enabled higher education, protect trees and green cover, and address common infrastructure, panchayati raj, and contractual engagement of outsourced State personnel.
    August 10, 2026
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    Video-conference statements for an approver application were declined, requiring the accused's statement to be recorded before consideration.
    Special CBI Court rejected an accused's request to record her statement through video conferencing in a bank-fraud prosecution. The accused had sought to become an approver, and her statement was required to be recorded before consideration of that application. She and her husband had previously become approvers in a related money-laundering matter involving alleged fraudulent Letters of Undertaking.
    August 10, 2026
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    Fuel price transparency highlights allegations over excise duty, consumer retail costs, and profit disclosures by state-run oil marketing companies.
    Fuel pricing, central excise duty and profits of state-run oil marketing companies are examined through allegations that retail fuel prices and tax policy imposed excessive costs on consumers while generating substantial company profits. The criticism contrasts high crude-price periods with lower retail prices and lower excise duty against a later period in which reduced crude prices were allegedly not passed through to consumers. Profit-margin disclosure is also raised as a transparency issue, with parliamentary information described as covering oil prices, global crude prices and company profits.
    August 10, 2026
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    Discharge in money-laundering proceedings turns on whether pre-charge material sufficiently establishes the alleged offence.
    Discharge in a money-laundering prosecution was sought before a special PMLA court concerning alleged siphoning and laundering of loans advanced to Jet Airways by Canara Bank. The prosecution was directed to respond, subject to the applicant not seeking adjournment. Discharge is available after filing of a chargesheet and before framing of charges where the material before the court is insufficient to establish the alleged offence. The proceedings arise from a CBI FIR concerning alleged bank fraud involving Jet Airways and associated persons.
    August 10, 2026
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    High-speed rail indigenisation and infrastructure performance monitoring require skills development, comparative planning, measurable station assessments and freight-terminal dashboards.
    Parliamentary oversight calls for accelerated indigenisation of high-speed rail components, capacity-building through international expertise, and comparative study of successful high-speed rail systems for future corridors. Redeveloped stations should be assessed through measurable indicators concerning passenger use, accessibility, cleanliness, commercial occupancy, maintenance and feedback, with completed-project practices documented and shared. Operational cargo terminals and cargo-related facilities should be monitored through a digital dashboard covering utilisation, rake performance, mechanisation, connectivity, safety compliance and customer satisfaction.
    August 10, 2026
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    MSME and export promotion framework expands finance, technology, infrastructure, sustainability and global-market support for enterprise growth.
    Haryana Progressive MSME and Export Promotion Policy 2026 creates a five-year framework for MSME growth through financial incentives, institutional support, industrial infrastructure, technology adoption and export facilitation. Identified thrust-sector enterprises may receive capital and interest subsidies, stamp duty reimbursement, employment assistance, insurance support, and incentives for automation, artificial intelligence, testing and research. Proposed venture capital and credit guarantee funds seek to improve institutional and collateral-free finance. Export support covers international certifications, credit, insurance, freight, e-commerce, trade fairs, documentation, compliance and buyer connections, alongside sustainability and inclusive entrepreneurship measures.
    August 10, 2026
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    Employee data exposure alerts trigger review of alleged password spraying and MFA fatigue, with customer and operational systems unaffected.
    Employee data exposure alerts prompted TCS to review allegations concerning limited basic employee information that appears to be more than four years old. No indication exists that customer data, customer systems, or operational systems have been affected. The alleged vectors involve password spraying and multi-factor authentication fatigue. TCS states that safeguards against these techniques have been in place for more than two years, its controls remain effective, and monitoring and further assessment will continue.
    August 10, 2026
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    Mustard honey export demonstrates FPO-led aggregation, quality-focused production and industry collaboration for international agricultural market access.
    Mustard honey export from Tripura to Dubai marks the first international shipment by Dergang Farmer Producer Organisation, supported through export-oriented aggregation and market linkage initiatives. The export creates overseas market access for local beekeepers and farmers, diversifies the honey value chain, and encourages quality-focused production. Industry collaboration supported bee production and an export-oriented supply chain, while capacity building, quality assurance, value addition and market linkages can strengthen agricultural exports and farmer participation in international markets.
    August 10, 2026
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    Digital banking evidence gains recognition through a modernised framework for physical and electronic records, with privacy and security safeguards.
    The Bankers' Books Evidence Bill, 2026, modernises the evidentiary framework for bankers' books by permitting banking records to be produced in physical or electronic form in legal proceedings. It recognises electronic, digital and virtual records and enables the Central Government to extend the regime to other regulated financial entities, supporting a uniform financial-sector evidentiary framework. The framework seeks secure and transparent use of banking records while safeguarding customer privacy, confidentiality and data security.
    August 10, 2026
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    Illicit opioid medicine exports exposed through concealed cargo, clandestine manufacturing, repacking, and attempted transnational trafficking to Nigeria.
    Illicit manufacture and attempted export of controlled opioid medicines were detected in a network producing, concealing, storing and exporting Tramadol Hydrochloride tablets to Nigeria. A consignment declared as Pregabalin capsules contained concealed Tramadol Hydrochloride and Tapentadol tablets. Investigation identified clandestine manufacture, repacking and preparation for export, with searches yielding tablet-compression machinery and raw materials. Tramadol is a psychotropic substance under the Narcotic Drugs and Psychotropic Substances Act, while Tapentadol is regulated under the Drugs and Cosmetics Act and its rules.
    August 10, 2026
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    Summons compliance under anti-money-laundering law faces appellate scrutiny after acquittal over unproven email service allegations.
    Delhi High Court required Arvind Kejriwal to reply to Enforcement Directorate petitions challenging his acquittal in proceedings concerning alleged non-compliance with summonses. The trial court found that the agency had not proved intentional disobedience, service of summons through email, or lawful issuance of electronic summons under the Prevention of Money Laundering Act. The appellate challenge concerns proof of service, validity of electronic summons, and intentional non-compliance.
    August 10, 2026
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    Pesticide residue concerns drive organic farming, school agriculture initiatives, infrastructure financing and climate-resilience support for farmers.
    Food-safety concerns arising from pesticide residues and toxic substances are to be addressed through organic vegetable farming, household cultivation and the Kathir school-farming initiative. Kathir provides for institutional farming, teacher and committee support, markets, student training and clubs, with possible academic weightage for agricultural participation. Agricultural infrastructure financing supports post-harvest management, value addition, processing, packing, marketing and exports. Additional measures include banking support, agricultural technology adoption, women-farmer support and schemes addressing climate-related floods and drought.
    August 10, 2026
    Show AI Summary
    Digital EODC processing removes physical duty challans through authenticated payment verification for export authorisation closure.
    Export Obligation Discharge Certificate processing under the Advance Authorisation and Export Promotion Capital Goods schemes no longer requires physical duty-payment challans for voluntary customs-duty payments made on or after 1 August 2026. Authenticated licence-wise payment information is electronically transmitted from Customs/ICEGATE to DGFT systems and mapped to the relevant authorisation. Exporters can verify payment details on the customer portal, while Regional Authorities use corresponding back-office records, replacing manual submission and verification for authorisation closure.
    August 10, 2026
    Show AI Summary
    Trusted service-call numbering requires verified utilities and logistics entities to use dedicated numbers exclusively for transactional and service communications.
    The 1601-series is introduced for verified utilities, courier and logistics entities making service and transactional voice calls. Numbers must be allocated directly to eligible entities, not intermediaries or aggregators, following verification by telecom service providers and an undertaking of exclusive use. Promotional voice calls are prohibited on this series and remain associated with the 140-series. The framework separates these calls from the 1600-series reserved for regulated financial-sector and government-to-citizen communications, supporting consumer recognition of legitimate calls and reducing impersonation risks.
    August 10, 2026
    Show AI Summary
    GST revenue collection drives tax growth while data scrutiny, taxpayer verification, and compliance capacity remain key administrative priorities.
    GST constituted the principal component of tax revenue for the 2025-26 fiscal year. Tax administration faces staff shortages, information-technology upgrade needs, and increased workloads from taxpayer registrations and return filings. Compliance oversight requires GST data scrutiny, risk assessment, identification of unregistered taxpayers, tax-evasion detection, and field verification of high-risk taxpayers. Long-term revenue planning sets progressively higher collection targets through 2063.
    August 10, 2026
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    Russian crude imports reshape India's refining trade as processed petroleum products reach sanctioning jurisdictions despite import restrictions.
    Indian imports of Russian crude oil reached a second consecutive monthly record in July 2026, with Russian crude forming the dominant share of India's Russian fossil-fuel purchases and more than half of total crude imports. Higher receipts through smaller terminals offset reduced volumes at Paradip. Indian refineries processing Russian crude also exported refined petroleum products to sanctioning jurisdictions, including the European Union, Australia and the United States, despite the European Union prohibition on imports of oil products made from Russian crude.
    August 10, 2026
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    Cyber-fraud through stolen phones allegedly used mule accounts, banking credentials and coordinated technical operations to divert victims' funds.
    Investigation into unauthorised withdrawals after theft of a mobile phone uncovered an alleged interstate cyber-fraud network using stolen devices, linked banking credentials and mule bank accounts. The scheme allegedly involved phone theft, supply of accounts and banking instruments, and a technical operation that accessed victims' accounts and routed funds for withdrawal or transfer. Digital surveillance, transaction mapping, seized devices, victim data and transaction records are being examined to identify linked complaints and the extent of funds allegedly diverted.
    August 10, 2026
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    Rupee depreciation reflected stronger dollar, elevated crude prices and geopolitical uncertainty, while portfolio inflows and equity gains provided support.
    The rupee depreciated against the US dollar amid a stronger dollar, higher global crude oil prices and uncertainty surrounding West Asia-related negotiations. Concerns over crude oil's potential impact on the trade deficit weighed on the currency, while positive domestic equity markets and foreign portfolio investment inflows provided support. Market caution remained focused on forthcoming US inflation data, dollar-index movements and Brent crude prices. Foreign-exchange reserves increased during the reported period.
    August 10, 2026
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    Collateral-free personal loans offer extended repayment flexibility, conditional reward benefits, and online application subject to eligibility and disbursal requirements.
    Loan Utsav 2026 provides eligible Bajaj Finance Personal Loan applicants an exclusive reward bundle where the loan is successfully disbursed during the campaign period. The collateral-free facility supports personal expenses, offers repayment tenures from 12 to 108 months, and may enable lower monthly EMI obligations through a longer selected tenure. Interest rates depend on eligibility, credit assessment, financial profile and lending criteria. Online applications require personal and financial details and required documents, with disbursal for eligible applicants possible after verification and approval.

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      Rifle recovered in the search for Charlie Kirk's killer as FBI releases photos of person of interest

      September 11, 2025

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      Orem(US), Sep 11 (AP) The sniper who assassinated Charlie Kirk is believed to have jumped off a roof and fled into a neighbourhood after firing one shot and has not been identified, authorities said Thursday in disclosing they have recovered a high-powered, bolt-action rifle they believe was used in the attack and are reviewing video footage of the person they believe was responsible.

      The shooter appeared to be of college age and blended in on the university campus where Kirk was killed Wednesday, said Beau Mason, the commissioner of the Utah Department of Public Safety. It remained unclear how far the shooter has travelled, though law enforcement officials say nearby woods where the rifle was found have been secured.

      Even as law enforcement officials revealed new details about an attack they called targeted, much remained unclear nearly 24 hours later, including the sniper's identity, motive and whereabouts. Two people detained Wednesday were released after neither was determined to be connected to the shooting, but by Thursday officials expressed confidence they had tracked the shooter's movements on campus in the run-up to it.

      Later Thursday, the FBI released two photos of a person of interest in connection with the shooting as investigators appealed to the public for information. The photos show a person wearing a hat, sunglasses and a long-sleeve black shirt.

      Law enforcement recovered a Mauser .30 caliber bolt-action rifle hidden in a towel in a wooded area near the university campus along what they suspect to be the shooter's path as they fled the scene, according to information circulated among law enforcement and shared with The Associated Press. Besides the spent cartridge recovered in the chamber, three other rounds were loaded in the magazine. The weapon and ammunition are being forensically analyzed by law enforcement at a federal lab for clues that could help identify the shooter or the motive.

      Kirk, a close ally of President Donald Trump, was killed in broad daylight while speaking about social issues at a Utah Valley University campus courtyard. The circumstances brought renewed attention to the escalating threat of political violence in the United States that in the last several years has cut across the ideological spectrum. The killing drew bipartisan condemnation, but a national reckoning over ways to prevent political grievances from manifesting as deadly violence seemed elusive.

      The attack was captured on grisly videos circulating on social media that show Kirk speaking into a handheld microphone when suddenly a shot rings out. Kirk can be seen reaching up with his right hand as blood gushes from the left side of his neck. Stunned spectators gasp and scream before people start running away.

      Trump said he would award Kirk the Presidential Medal of Freedom, the highest civilian honour in the US, while Vice President JD Vance and his wife, Usha, were set to visit with Kirk's family in Salt Lake City. Vance posted a remembrance on X chronicling their friendship, dating back to initial messages in 2017, through Vance's Senate run and ultimately praying after hearing of the shooting. Kirk played a pivotal role in setting up Trump's second Republican administration, Vance wrote.

      “So much of the success we've had in this administration traces directly to Charlie's ability to organize and convene,” Vance wrote. “He didn't just help us win in 2024, he helped us staff the entire government.” Kirk was taking questions about gun violence Kirk was speaking at a debate hosted by his nonprofit political youth organization, Arizona-based Turning Point USA, at the Sorensen Center courtyard on campus. Immediately before the shooting, he took questions from an audience member about gun violence.

      “Do you know how many transgender Americans have been mass shooters over the last 10 years?” the person asked. Kirk responded, “Too many.” The questioner followed up: “Do you know how many mass shooters there have been in America over the last 10 years?” “Counting or not counting gang violence?” Kirk asked.

      Then a shot rang out.

      The shooter, who Gov. Spencer Cox pledged would be held accountable in a state with the death penalty, wore dark clothing and fired from a building roof some distance away.

      Madison Lattin was watching a few dozen feet from Kirk's left when she heard the bullet hit him.

      “Blood is falling and dripping down, and you're just like so scared, not just for him but your own safety," she said.

      She saw people drop to the ground in an eerie silence pierced immediately by cries. She and others ran. Some fell and were trampled in the stampede.

      When Lattin later learned that Kirk had died, she wept, she said, describing him as a role model who had showed her how to fight for the truth.

      Trump calls Kirk a martyr for truth' About 3,000 people were in attendance, according to a statement from the Utah Department of Public Safety. The university police department had six officers working the event, along with Kirk's own security detail, authorities said.

      Trump announced Kirk's death on social media and praised the 31-year-old co-founder and CEO of Turning Point as “Great, and even Legendary.” Later, he released a video in which he called Kirk a “martyr for truth and freedom." Utah Valley University said the campus was evacuated after the shooting and will be closed until Monday.

      Meanwhile, armed officers walked around the neighborhood bordering the campus, knocking on doors and asking for any information residents might have on the shooting. Helicopters buzzed overhead.

      Wednesday's event, billed as the first stop on Kirk's “The American Comeback Tour,” had generated a polarizing campus reaction. An online petition calling for university administrators to bar Kirk from appearing received nearly 1,000 signatures. The university issued a statement last week citing First Amendment rights and affirming its “commitment to free speech, intellectual inquiry, and constructive dialogue.” Last week, Kirk posted on X images of news clips showing his visit was sparking controversy. He wrote, “What's going on in Utah?” Condemnation from across the political spectrum The shooting drew swift bipartisan condemnation as Democratic officials joined Trump, who ordered flags lowered to half-staff and issued a presidential proclamation, and other Republican allies of Kirk in decrying the violence.

      “The murder of Charlie Kirk breaks my heart. My deepest sympathies are with his wife, two young children, and friends,” said Gabrielle Giffords, the former Democratic congresswoman who was wounded in a 2011 shooting in her Arizona district.

      In a joint statement, the Young Democrats of Connecticut and the Connecticut Young Republicans called the shooting “unacceptable.” “There is no place in our country for such acts regardless of political disagreements,” they said.

      The shooting appeared poised to become part of a spike of political violence that has touched a range of ideologies and representatives of both major political parties. The attacks include the assassination of a Minnesota state lawmaker and her husband at their house in June, the firebombing of a Colorado parade in June to demand Hamas release hostages and a fire set at the house of Pennsylvania's governor, who is Jewish, in April. The most notorious of these events is the shooting of Trump during a Pennsylvania campaign rally last year. (AP) RD RD

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