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    Keralam: Escaped Assam prisoner reaches police station for Aadhaar card, flees again
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    Best Pension Plans and Annuity Plans in India 2026: A Full Comparison
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August 27, 2026
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Prison escape security lapses prompt coordinated tracing measures, transport monitoring, inter-state alerts, and a detailed custodial-security inquiry.
Prison escape and custodial-security lapses arose after a detainee escaped from Aluva Sub Jail, allegedly by using an under-construction structure within the premises to cross the compound wall. Following his later appearance at a police station seeking return of his Aadhaar card, search measures included a lookout circular, information sharing with police stations, railway-security coordination, and alerting police in Assam. A detailed inquiry has been initiated into the prison-security deficiencies enabling the escape.
August 27, 2026
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Women's savings account selection depends on practical benefits, charges, eligibility, and banking needs rather than the account label.
Women's Savings Accounts may provide standard banking facilities together with additional services or benefits for eligible women. Their suitability depends on practical use of digital banking, transfers, payments, alerts, debit-card facilities, accessibility, security features, charges, and minimum-balance conditions. Since regular Savings Accounts may offer comparable facilities, the additional benefits should be assessed against associated costs and conditions. Selection should be based on comparison of eligibility, facilities, balance requirements, benefits, customer support, and authentication safeguards rather than the account's women-focused label alone.
August 27, 2026
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Retirement annuity selection prioritises payout structure, taxation, insurer strength and flexibility over brand comparison for informed retirement decisions.
Retirement planning may combine market-linked accumulation during working years, deferred annuities that lock future guaranteed income, and immediate annuities that convert retirement savings into regular payments. Annuity choice depends on whether the priority is higher income, continuation for a surviving spouse, or return of capital on death. Product comparison should consider market-linked growth versus income certainty, taxation of annuity income at applicable slab rates, insurer strength, and flexibility in deferment, payout frequency and policy loans.
August 27, 2026
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Foreign exchange inflows through deposit and borrowing measures provided near-term rupee support amid lower crude prices.
Reserve Bank special measures relating to FCNR(B) deposits, Overseas Foreign Currency Borrowings and External Commercial Borrowings were identified as attracting foreign-exchange inflows and providing near-term support to the rupee. The Reserve Bank became a net dollar buyer in June after two months of sales to support the rupee. The FCNR(B) window remained open until August 31, while the market outlook anticipated broader rupee depreciation over subsequent weeks.
August 27, 2026
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Preferential trade agreement exploration advances bilateral market access, pharmaceutical cooperation, investment partnerships, and diversified trade.
India-Morocco economic cooperation is expanded through the seventh Joint Commission framework, targeting deeper and more diversified trade, investment, industrial collaboration and market access across goods and services. An India-Morocco Joint Working Group is to examine bilateral trade opportunities and the feasibility of a preferential trade agreement, including tariff and non-tariff barriers, improved market access and trade facilitation. Cooperation also addresses pharmaceutical market authorisation and approval timelines, food safety, sustainable agriculture, renewable energy, artificial intelligence, healthcare, and phosphates and fertilisers.
August 26, 2026
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Hybrid cyber fraud exploits stolen smartphones and intercepted verification codes to compromise digital banking and payment accounts.
Hybrid cyber fraud combines physical smartphone theft with digital financial exploitation. Offenders obtain screen-lock credentials, steal devices and use control of the active SIM card to intercept verification codes and reset UPI and digital banking credentials. Preventive measures include withholding PINs, passwords and OTPs; avoiding storage of financial and identity records on phones; and immediately blocking the SIM card and freezing digital banking and UPI services after a theft.
August 26, 2026
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CEPA review aims to expand bilateral trade engagement, address export barriers, and support regulatory registrations for exporters.
India and Japan are considering a review of the Comprehensive Economic Partnership Agreement to make the bilateral trade framework more contemporary and expand its scope, scale and commercial opportunities. The review is linked to balanced trade and to identifying export barriers arising from procedural requirements, language issues and time involved in market access. Regulatory compliance assistance may support product registrations required for overseas markets, including costly chemical registrations and pharmaceutical registrations.
August 26, 2026
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Personal loan reward eligibility depends on successful campaign-period disbursal, alongside review of borrowing costs and repayment capacity.
Loan Utsav 2026 provides a limited-period reward bundle to eligible customers whose personal loan is successfully disbursed during the campaign period, subject to applicable terms and conditions. Personal loans are collateral-free and available subject to eligibility, customer profile, documentation and applicable loan terms. Applicants may choose a loan amount and repayment tenure based on their requirements. Extended tenures can reduce monthly EMI obligations but may increase total interest payable. Customers should review interest rates, EMI, processing charges, other loan costs and repayment capacity before accepting a loan offer.
August 26, 2026
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Deep-tech investment cooperation advances through capital corridors, innovation bridges, manufacturing integration and startup pitching platforms for cross-border growth.
India-Japan startup cooperation is proposed to advance through a deep-tech capital corridor, a two-way innovation bridge, manufacturing and technology integration, and joint startup pitching platforms. Collaboration is directed towards patient capital, early-stage research, deep-tech commercialisation, technology validation, precision manufacturing, investment and market access. The partnership also emphasises MSME integration with startups and global supply chains, co-investment mechanisms, plug-and-play infrastructure, and institutional links among universities, research institutions, incubators and industry.
August 26, 2026
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Sugar price-control measures combine raw-sugar imports, stockholding limits and export restrictions to curb retail price pressures.
Sugar price-control measures combine authorised raw-sugar imports, stockholding limits for dealers and bulk consumers, and an existing export prohibition to address elevated domestic prices. Imports are permitted within the specified period, while stockholding restrictions seek to curb speculation and hoarding. Retail prices continued to rise despite lower ex-mill prices, and the regulatory approach focuses on augmenting supply, limiting stock accumulation, and preventing export-related pressure on domestic availability.
August 26, 2026
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Alternative dispute resolution enabled settlement of long-pending disputes, alongside reporting on court administration and regulatory compliance concerns.
Legal developments include resolution of long-pending tenancy, commercial and property disputes through a special Lok Adalat mechanism, including a digitally signed international settlement. Other matters concern a challenge to a riot-related murder conviction, allegations of administrative irregularities and selective case listing, fast-track court pendency, cancellation of a recruitment process following suspected examination malpractice, fraudulent identity documents used to claim citizenship, medical-qualification standards, and opposition to uranium exploration and mining.
August 26, 2026
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MSME co-lending supports digital paperless credit delivery through rural banks for underserved rural and semi-urban enterprises.
SIDBI-RRB MSME co-lending arrangement is proposed for expansion to increase credit access for micro, small and medium enterprises in rural and semi-urban areas. The arrangement combines SIDBI's understanding of MSME credit requirements with Regional Rural Banks' local reach. SIDBI's Co-Lending Origination Platform provides an end-to-end digital credit process intended to enable faster, paperless loan processing, in-principle sanction communication, documentation and direct account disbursement without branch visits.
August 26, 2026
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Input tax credit mismatch alone cannot support fraud-based GST demand without an assessing officer's recorded satisfaction of fraud or suppression.
Section 74 GST demand proceedings require the assessing officer's independent satisfaction of fraud, wilful misstatement or suppression of facts. An input tax credit mismatch or alleged short payment alone cannot establish these conditions. Unsupported assertions of suppression for invoking extended limitation are insufficient, and audit objections cannot replace the assessing officer's satisfaction. A show cause-cum-demand notice lacking factual allegations of a deliberate device to evade tax or avail excess input tax credit is vulnerable.
August 26, 2026
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Fraudulent Aadhaar procurement exposes identity-verification gaps and prompts disclosure, expedited investigation, deportation, and statutory review measures.
Fraudulent procurement of Aadhaar and other identity documents by foreign nationals who infiltrate borders may undermine identity verification, immigration control and national security. Coordinated action is required to trace and deport such persons, prevent re-entry, strengthen document verification, and complete investigations without delay. Amendments to the Aadhaar Act are to be considered to assist investigating agencies, while a dedicated procedure is required to address border infiltration and human trafficking. Aadhaar enrolment records are to be supplied to police, followed by timely deportation proceedings.
August 26, 2026
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Foreign investment liberalisation proposals receive industry support, subject to preserving AIF treatment, grandfathering, and prospective application.
Proposed foreign-investment liberalisation, including treatment of stakes below 10 per cent and a greater role for market forces in valuation, is welcomed. Preservation of the existing treatment of Alternative Investment Funds under the IOCC framework is emphasised, together with grandfathering of transactions and funds undertaken under the current regulatory position. Newly introduced requirements should operate prospectively to support a simpler, predictable and investment-friendly foreign-investment framework.
August 26, 2026
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India market expansion guides Nestle 's volume-led growth, export-hub development and long-term investment without compromising product quality.
Nestle 's India strategy focuses on volume-led growth, wider consumer reach, portfolio development, efficiency improvements and sustained long-term investment. Growth is intended to combine increased household penetration with pricing, premiumisation, affordability and value offerings. India is also intended to develop further as a production and export hub for global markets, supported by manufacturing capacity and expanding overseas supplies. Product quality and consumer interests remain constraints on the pace of expansion.
August 26, 2026
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Credit awareness through regular score and report review supports responsible borrowing, error detection, and informed credit management.
Free online access to the Credit Pulse Report is available through the Bajaj Finance website. Users verify their registered mobile number through OTP authentication, provide identifying particulars including PAN and date of birth, and then view the available credit score. The report may be reviewed and downloaded to examine repayment history, active credit accounts, recent enquiries and other recorded credit information. Periodic review can help identify unfamiliar accounts, inaccurate repayment records, overdue amounts, unupdated information and changes in credit utilisation.
August 26, 2026
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Credit lifecycle consistency requires facility-specific treatment so UPI-linked credit records, repayments and customer obligations remain aligned.
CARD91's Credit Lifecycle Consistency Framework calls for facility-specific treatment of Credit Line on UPI transactions and continuing credit events. Credit limits, outstanding balances, repayments, refunds, reversals and EMI conversions should be accurately connected to the relevant customer account and applied according to the underlying facility's terms. Bank policy, customer consent, transaction controls and portfolio actions should remain aligned. Customer-facing applications, statements and alerts should consistently reflect available credit, outstanding obligations and repayment schedules, while disputes and manual corrections follow documented, reviewable processes.
August 26, 2026
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Non-revolving credit lines require term-loan structures supporting multiple drawdowns without replenishing sanctioned limits for NBFC lending products.
Proposed restrictions on revolving credit facilities for most NBFCs would generally require credit products to operate as term loans, rather than facilities in which principal repayment automatically restores the available borrowing limit. Compliance may require technology capable of managing multiple drawdowns within an approved sanction, separate repayment schedules, amortisation and servicing workflows, while preventing repaid principal from replenishing the sanctioned limit.
August 26, 2026
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Reciprocal trade tariffs intensify as negotiations confront market access, cultural protections, industrial safeguards, and sovereignty concerns.
US-Canada tariff escalation involves reciprocal import duties following failed negotiations over market access and trade in dairy, alcoholic beverages, automobiles, steel, aluminium and softwood lumber. United States tariff action relies on a rarely used trade-law power permitting duties against countries considered to discriminate against American businesses, without a prior investigation or stated time limit. Negotiations also raised concerns about protection of major industries, cultural protections and Canada's freedom to conclude trade agreements with other countries.

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Corp. Laws / SEBI / IBC

Will set aside Bihar SIR exercise if any illegality found, can't stop SIR across country: SC

September 15, 2025

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New Delhi, Sep 15 (PTI) The Supreme Court on Monday said it was presuming that the Election Commission, being a constitutional authority, was following the law during the special intensive revision (SIR) of electoral rolls in Bihar and warned that the entire exercise would be set aside in case any illegality is found at any stage.

A bench of Justices Surya Kant and Joymalya Bagchi, which fixed October 7 for hearing final arguments on the validity of Bihar SIR, refused to offer any "piecemeal opinion" on the exercise and said "our judgement in Bihar SIR will be applicable for pan-India SIR".

The court clarified it can't stop the poll panel from conducting a similar exercise for the revision of electoral rolls across the country. The bench, however, allowed petitioners against the Bihar SIR exercise to also argue on the pan-India SIR on October 7.

The top court also clarified that the publication of the final electoral roll on September 30 will not make any difference to the adjudication of the case.

"What difference will the final publication of the electoral roll make to us? If we are satisfied there is some illegality, we can set it aside," the bench told the petitioners who have challenged the SIR exercise.

The top court, in the meantime, issued notice on a plea seeking the recall of the September 8 top court order directing the poll panel to include the Aadhaar card as the 12th prescribed document in the Bihar SIR.

At the outset, senior advocate Rakesh Dwivedi, appearing for the Election Commission, requested the bench that the court should defer the hearing till the final assessment of the SIR exercise is made.

Senior advocate Gopal Sankarnarayanan, appearing for NGO Association for Democratic Reforms (ADR), said that the ECI is moving ahead with the preparations for conducting the SIR exercise in other states.

"We have to address the court on the legal aspect of the exercise. If it is found that there is a perversion of a constitutional scheme, we may press that this may not continue. There is no question of proceeding with other states and establishing fait accompli," he submitted.

The bench told him that the court cannot stop the poll panel from conducting the SIR exercise.

Advocate Vrinda Grover, appearing for some activists, said no one should be denied a right to vote because of an illegal methodology.

The bench said, "Please take it from us. If we find any illegality in the methodology adopted by ECI at any stage of SIR in Bihar, the entire exercise will be set aside." Senior advocate Abhishek Singhvi, appearing for several opposition political parties, including the Congress, requested the court to take up the matter at the earliest as the ECI has announced the SIR exercise across the country.

Justice Kant said, "We can't express any opinion in piecemeal. Whatever they are proposing in the meanwhile, our judgment for Bihar SIR, will obviously have an impact." Advocate Prashant Bhushan, appearing for the Rastriya Janta Dal, alleged that the Election Commission was acting in gross violation of the rules and their own manual.

"There is virtually no transparency. Their rules require that within one day objections be uploaded on their website, so that people can see who has applied for deletion, etc. This is not being followed.

"They have uploaded only 30 per cent of the objections and requests for additions, etc. They are only following the court's order and not their own rules," he submitted.

The bench said, "The Election Commission, being a constitutional authority, is presumed to follow the law and the mandated rules." Justice Kant said it would hear the matter in detail on October 7 and consider all legal aspects of the exercise.

Advocate Ashwini Upadhyay submitted that he has filed an interlocutory application for the recall of the September 8 order, which said that the Aadhaar card be considered as the 12th document for the SIR exercise.

"There are six judgments of the court which say Aadhaar is not proof of age, residence or citizenship. Therefore, Aadhaar cannot be equated to those 11 documents; otherwise the entire SIR exercise will be disastrous," he submitted, adding that over one lakh people are Rohingyas and Bangladeshi nationals in Bihar.

He submitted that under the law, Aadhaar can also be given to even foreigners and it can be made on a recommendation letter of a village pramukh, local MLA or MP.

The bench, while issuing notice on his interlocutory application, said the court will hear him on October 7 and pointed out that Aadhaar was made acceptable as an interim arrangement.

Justice Bagchi told Upadhyay that "whether it would be disastrous or not will be decided by the ECI".

Justice Kant said this court has earlier said that even a driving licence or birth certificate can be forged but Aadhaar can be used to the extent the law permits.

On September 8, the apex court clarified that Aadhaar will not be proof of citizenship and the poll panel can ascertain its genuineness on being submitted by an elector for inclusion in the electoral roll.

The SIR of the 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 that the SIR's purpose was to clean the voter list by deleting names of people who are dead, possess duplicate voter cards or are 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. PTI MNL RT

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