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    India's Russian oil imports hold near 1.8 million bpd as Middle East fills gaps
    IDFC FIRST Bank enables Direct Tax payments through UPI, cards, net banking and branches
    Sensex slumps 1,248 pts as IRDAI proposal hits financial shares; rising crude, US yields weigh
    Bajaj Finance Personal Loan Offers Rs. 40,000 to Rs. 55 Lakh with Tenures up to 108 Months
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    Assam Cabinet approves rules for compulsory registration of Muslim marriages
    The Indian Economy in an Ever More Volatile and Complex World - Special Address by Dr. Poonam Gupta, Deputy Governor, Reserve Bank of India at the 13t...
    Technopark software exports rise 17.3 pc to Rs 17,092 cr in FY26
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    Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman inaugurates BRICS Heads of Tax Authorities Meeting in New Delhi
    DRI seizes 86 live Tokay Geckos in Assam in a crackdown on wildlife trafficking; two arrested
    DRI seizes 10,000 kg of firecrackers worth Rs. 3 crore at Nhava Sheva port
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September 24, 2026
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Nidhi company deposits lack insurance protection, requiring verification of government declaration before relying on high-return promises.
Each company seeking to function as a Nidhi must file Form NDH-4 for declaration or updated Nidhi status and comply with the Companies Act, 2013 and applicable Nidhi Rules. Nidhi companies may accept deposits and grant loans only to members. Public investors should verify declared Nidhi status rather than rely on unusually high-return promises, agent representations, or informal assurances. Deposits with Nidhi companies are not insured by the Deposit Insurance and Credit Guarantee Corporation, and recovery may be difficult where a company fails or fraud occurs.
September 24, 2026
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FCNR(B) liquidity deployment remains within banks' discretion, guided by credit pipelines, asset-liability positions, and prudent underwriting standards.
Banks retain full discretion to deploy liquidity mobilised through FCNR(B) deposits, based on their credit pipeline, lending proposals, liquidity outlook and asset-liability position. No sector-specific direction applies to use of these funds. FCNR(B) deposits are fixed-term foreign-currency deposits in which principal and interest are repayable in the same foreign currency, protecting non-resident depositors from direct rupee exchange-rate risk. Continued prudent credit appraisal and underwriting standards are expected.
September 24, 2026
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Compulsory Muslim marriage registration shifts registration to registrars under a statewide procedural framework, with local officials authorised when needed.
Compulsory registration of Muslim marriages will operate under the Assam Muslim Marriage Registration (Compulsory) Rules, 2026, framed under the Assam Compulsory Registration of Muslim Marriage and Divorces Act, 2024. Registration will be undertaken by registrars, with panchayat-level officials potentially authorised where application volumes require additional capacity. The framework addresses the registration forum after kazis were barred from registering Muslim marriages.
September 24, 2026
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Macroeconomic resilience supports fiscal consolidation, financial-sector stability, and orderly foreign-exchange management through persistent global and market shocks.
Policy management emphasises clear communication, policy certainty, macroeconomic and financial-sector stability, efficient use of buffers, and sustained structural reform. Fiscal prudence is treated as necessary to avoid unsustainable stimulus and preserve long-term stability. External-sector resilience rests on services exports and remittances, while oil and gold shocks and weaker capital inflows have created temporary balance-of-payments pressure. Further improvement is linked to lower oil dependence, export diversification, trade agreements, capital inflows and orderly foreign-exchange market management.
September 24, 2026
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Software export growth strengthens IT ecosystem as campus expansion supports startup activity, infrastructure development, and skilled employment.
Software export revenue generated by Technopark reached Rs 17,092 crore in FY 2025-26, reflecting year-on-year growth of approximately 17.3 per cent. Growth is attributed to IT infrastructure, a skilled talent base, and company performance. Technopark also operates as an IT and ITeS hub and startup ecosystem centre, with ongoing campus development intended to expand its position among major IT hubs.
September 24, 2026
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Artificial intelligence centre of excellence partnership advances industry-aligned training, supervised internships, startup mentorship, and applied research collaboration.
IIEST Shibpur and Tata Consultancy Services have entered into a Memorandum of Understanding to establish an Artificial Intelligence Centre of Excellence at the Electrical Engineering Department's high-performance computing laboratory. The collaboration supports industry-aligned training, professional certifications, practical projects, supervised internships, startup mentorship, curriculum benchmarking, and applied research in natural language processing, computer vision, image processing, and advanced data analytics.
September 24, 2026
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Money-laundering searches prompt protests over alleged political misuse while operations continue at public development offices and residences.
Enforcement Directorate search and survey operations connected with a money-laundering investigation continued at development authority offices and premises linked with housing administration, a realty company, and private residences. AAP workers protested against the searches, alleging political and administrative pressure through central investigative agencies. The party further alleged that the operations could disrupt the development authority's functioning and impede Punjab government welfare schemes.
September 24, 2026
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Money-laundering investigation procedure raises allegations over FIR registration, conflict concerns, and the choice between police, vigilance, or federal inquiry.
A police inquiry, rather than a Vigilance inquiry, was directed following an Enforcement Directorate communication seeking registration of an FIR for cognizable offences. It was contended that FIR registration should be dealt with by the police and that governmental or ministerial intervention would raise concerns where a person facing allegations is involved in deciding the investigative course. A transfer to a federal investigative agency was sought on grounds of investigative independence and perceived conflict of interest.
September 24, 2026
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Trade truce extension maintains tariff pauses and export-restriction rollbacks while negotiations continue on broader economic commitments.
United States-China trade relations may remain governed by the Busan Agreement through January 10 under a stated two-month extension, though Chinese official confirmation is pending. The arrangement maintains pauses on elevated tariffs and prior rollbacks of restrictions affecting critical minerals and high-technology exports. Negotiations may produce a broader economic package or further continuation of existing terms, while implementation of agreed commitments is under review. The parties have also proposed reciprocal alerts on AI-related hacking incidents involving national-security concerns.
September 24, 2026
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Gold Smuggling Enforcement: Concealed foreign-origin gold recovered from vehicles and a traveller, with arrests under customs law.
Gold-smuggling enforcement involved the seizure of approximately 21 kg of foreign-origin gold in two operations and the arrest of five persons under the Customs Act, 1962. Gold bars were recovered from sophisticated vehicle-chassis cavities, while gold bars and cut pieces were recovered from a passenger's specially designed cotton waist belt. The operations concerned suspected cross-border gold movement and targeted organised smuggling networks using sophisticated concealment methods.
September 24, 2026
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Cross-border gold smuggling enforcement resulted in Customs Act seizures after coordinated recovery of foreign-origin gold from border locations and a passenger.
Cross-border smuggling of foreign-origin gold through the Bangladesh route led to coordinated recoveries and seizures under the Customs Act, 1962. Gold recovered near the India-Bangladesh border was taken over for customs proceedings, including a seizure under Section 110. Foreign-origin gold concealed by a train passenger was also recovered and seized, with investigation indicating its smuggling from Bangladesh.
September 24, 2026
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BRICS tax cooperation creates standing platforms for international taxation, revenue statistics, professional capacity building and peer learning.
India-led BRICS tax cooperation established standing Working Groups on International Taxation and Transfer Pricing and Revenue Statistics, providing institutional platforms extending beyond individual Chairships. It also institutionalised an annual Young Tax Professionals Capacity Building Programme, launched the BRICS Tax Cross-Learning Lab for peer learning on client-centric administration and human-resources practices, and approved the Terms of Reference for the BRICS Tax Support Network.
September 24, 2026
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Wildlife trafficking enforcement applies protected-species safeguards to seized Tokay Geckos and enables further statutory action against suspected illegal trade.
Wildlife-trafficking enforcement led to interception of two persons and seizure of 86 live Tokay Geckos under the Wildlife (Protection) Act, 1972. Tokay Geckos receive Schedule I protection under that legislation and are listed in Appendix II of CITES, regulating international trade. The persons and recovered geckos were transferred to the Mariani Range Forest Office for further action.
September 24, 2026
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Restricted firecracker imports concealed through misdeclaration trigger seizure and criminal investigation under customs enforcement law.
Concealment of restricted firecrackers within an import container declared as bottles and wallpaper resulted in customs seizure under the Customs Act, 1962. Firecracker imports are restricted under the Foreign Trade Policy and require valid Directorate General of Foreign Trade authorisation and a Petroleum and Explosives Safety Organisation licence under the Explosives Rules, 2008. Investigation into attempted clandestine clearance led to the arrest under the Customs Act of a key syndicate member alleged to have orchestrated the import.
September 24, 2026
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Merger-control approval permits FIHM's phased acquisition of IIFL Capital Services equity through subscription, open offer and promoter purchase.
Merger-control approval permits FIHM to acquire certain additional equity share capital of IIFL Capital Services through a preferential issue on a private-placement basis and through shares tendered in a mandatory open offer. FIHM may also buy shares from the target's promoters if its aggregate shareholding with HWIC remains below the Target Shareholding after these steps.
September 24, 2026
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Full ownership acquisition in beauty and personal care receives competition approval for skin care and hair care operations.
Competition approval covers L'Ore al India Private Limited's acquisition of the entire shareholding in Onesto Labs Private Limited. The proposed combination concerns India's beauty and personal care sector and places the Target under the Acquirer's full ownership. Both entities operate in beauty and personal care products, including skin care and hair care.

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Flipkart Minutes Turns The Big Billion Days into India''s Fastest Shopping Festival with 10-minute Doorstep Delivery Starting at Midnight

September 19, 2025

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Bengaluru, Karnataka, India (NewsVoir) • Flipkart Minutes will bring The Big Billion Days 2025’s biggest deals to customers' doorsteps in 10 minutes across 19 cities and 3,000 pincodes • Early access and rewards for Flipkart Plus and Black members to enhance the festive experience • Unbeatable offers across grocery, mobiles, electronics, fruits & vegetables, beauty, personal care, and more • Access to fresh fruits and vegetables starting at Rs 9, delivering quality fresh produce to customers’ doorsteps • Regional festive selection with over 900 categories available at the best value • Homegrown lifestyle brands like Farmley, GOBOULT, boAt, Himalaya, Beardo, BellaVita, Ajmal, and premium global brands like Faces Canada, Lakme, Maybelline New York, Nivea and many more • Indulge your festive cravings with up to 50% off on gourmet favourites from brands like Akshayakalpa, 24 Mantra, Dairy Craft, Sleepy Owl, Organic India, Epigamia, and the likes • Get the best deals on Olive Oil, Coffee & Tea, Pulses & Millets with up to 50% off • From lipsticks at Rs 49 and up to 80% off on deodorants, perfumes, and soaps, to the festive hampers from D2C brands like Anand Sweets and Cadbury, among others • Some of the leading gourmet brands like Habanero, Samyang, WickedGud, Barilla, Monin syrups, Ceylon teas, and Raw Pressery juices, among several others will be available As Flipkart, India’s homegrown e-commerce marketplace, gears up for the 12th edition of its flagship shopping festival, The Big Billion Days 2025 (TBBD), Flipkart Minutes, its quick commerce offering, is set to enhance customer experience through 10-minute deliveries starting at midnight. With Flipkart Minutes, TBBD is ready to become the fastest shopping festival with millions of products, best deals, and convenience delivered across markets in just minutes. Through its presence across 19 cities and 3,000 pin codes, Flipkart Minutes will offer customers access to all TBBD great deals and offers across a broad range of categories, including mobiles, electronics, daily essentials, beauty, personal care, grocery, and many more.

The Big Billion Days sale on Flipkart Minutes will go live with an unmatched festive assortment, operational 24 hours across cities for the entire duration of the event. Customers can look forward to blockbuster deals on the latest products and must-haves, all delivered in just 10 minutes. Tier 2+ markets such as Ambala, Guwahati, Jaipur, Lucknow, Kanpur, and Patna continue to be major growth drivers of festive adoption on Flipkart Minutes.

Hemant Badri, Senior Vice President, Head of Flipkart Minutes, Supply Chain, Customer Experience & ReCommerce, Flipkart, said, "As consumers prepare to witness the magic of The Big Billion Days 2025, Flipkart Minutes is poised to redefine the experience of India’s biggest shopping festival. Within a year, Minutes has established itself as the fastest-growing quick commerce platform in the country, built on innovation, value, and selection being its core strengths. This festive season, we are bringing everything from blockbuster smartphones and electronics to local sweets and festive hampers to customers’ doorsteps in minutes. Our growing presence ensures that customers everywhere, not just in metros but also across Tier 2 and emerging markets, can access value and deals instantly. What makes this year significant is the opportunity to extend the promise of The Big Billion Days beyond scale and selection, into speed, making it possible for millions of households to celebrate without compromise. Our continued focus is on building a resilient and technology-led ecosystem that combines reliability with reach, shaping the future of quick commerce while reinforcing Flipkart’s commitment to serving diverse customer needs across India." What’s New on Flipkart Minutes This Big Billion Days Sale Early Access & Rewards • 24-hour early access for Flipkart Plus and Black members, offering visibility on blockbuster deals • New reward features such as Boost Up! (multiplying SuperCoin savings up to 10x) and Sale Price Live CoinBack Hour (up to 100% CoinBack in SuperCoins on eligible purchases) Smartphones • iPhone 17 will be available on Flipkart Minutes, alongside top smartphones such as Apple iPhone 16, Samsung Galaxy S24 5G, Motorola Edge 60 Fusion 5G, Apple iPhone 16 Pro, Samsung Galaxy S24 FE 5G, Oppo K13X, Realme P4 5G, Poco F7, Nothing CMF Phone 2 Pro, and Vivo T4x 5G • Real-time smartphone exchange on Flipkart Minutes, making it India’s first hyperlocal platform where customers can trade in their old devices and upgrade to new smartphones instantly during the sale Electronics and Gadgets • Wide array of electronics including Apple AirPods Pro (2nd Gen), boAt Aavante Bar 480, Samsung Fit 3, Redmi Move, Philips Multigroomer Trimmer, Samsung Galaxy Book 4, Fujifilm Instax Mini Film Rolls, Logitech Wireless Mouse, Ambrane MagSafe, Apple chargers, Philips Hair Straightener, and the Apple iPad A16 Beauty, Personal Care & Essentials • Unmatched festive offers such as up to 80% off on deodorants and perfumes, lipsticks from Rs 49, up to 70% off on shampoos and diapers, up to 50% off on whey proteins, sanitary pads from Rs 59, up to 80% off on dry fruits, olive oil, coffee and tea, pulses & millets up to 50% off • Homegrown brands like Himalaya, Beardo, BellaVita, Ajmal, and premium global brands like Faces Canada, Lakme, Maybelline New York, Nivea, among others Swadeshi Brands Celebrating the spirit of Bharat, the platform will feature a wide selection of beloved Swadeshi brands such as Chitale Bandhu, Bedekar, Suhana, Bikaji, Balaji, Chheda’s, Gowardhan, Priyagold, Rajdhani, Sunrise, Ananda, Paras, and more, bringing local flavours and festive favourites closer to customers, in just minutes Festive Gifting Specials • Over 900 categories will be available at best value with festive-only consumer packs from Cadbury, Anand Sweets, Chaknow by Anand, Haldirams, Bikaneri Basket, and DMB, bringing hyperlocal regional and artisanal festive products to consumers for the first time • Access to fresh fruits and vegetables starting at Rs 9, delivering quality fresh produce to customers’ doorsteps • Indulge your festive cravings with up to 50% off on gourmet favourites from brands like Akshayakalpa, 24 Mantra, Dairy Craft, Sleepy Owl, Organic India, Epigamia, and the likes • Assorted fruit boxes and regional festive selections, including sweets, dairy, bakery, and local favourites, bringing authentic festive flavours to doorsteps in minutes Emerging and D2C Brands to look out for • Some of the leading gourmet brands like Habanero, Samyang, WickedGud, Barilla, Monin syrups, Ceylon teas, and Raw Pressery juices, among several others will be available • D2C brand partnerships with Farmley, GOBOULT, boAt, Himalaya, Beardo, Yogabar, Cycle Agarbatti, Mamaearth, BellaVita, Ajmal, Faces Canada, Lakme, Maybelline New York, Nivea, and many more, offering consumers access to emerging and fast-growing brands About Flipkart The Flipkart Group is one of India’s leading digital commerce entities and includes group companies Flipkart, Myntra, Flipkart Wholesale, Cleartrip and super.money.

Established in 2007, Flipkart has enabled millions of sellers, merchants, and small businesses to participate in India's digital commerce revolution. With a registered user base of more than 500 million, Flipkart's marketplace offers over 150 million products across 80+ categories. Today, there are over 1.4 million sellers on the platform, including Shopsy sellers. With a focus on empowering and delighting every Indian by delivering value through technology and innovation, Flipkart has created thousands of jobs in the ecosystem while empowering generations of entrepreneurs and MSMEs. Flipkart has pioneered services such as Cash on Delivery, No Cost EMI, Easy Returns, and UPI. These customer-centric innovations focus on enhancing digital payment offerings for all customers while making online shopping more accessible and affordable for millions of Indians.

For more information, please write to [email protected].

(Disclaimer: The above press release comes to you under an arrangement with Newsvoir and PTI takes no editorial responsibility for the same.). PTI PWR

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