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    ED files chargesheets in 2 PMLA cases against Anil Ambani Group companies, ex-executives
    RJD criticises UDF govt's move not to disburse pensions through cooperative banks
    Raymond Limited reports a healthy Q1 FY27 performance
    Why Most People Choose the Wrong Savings Account And How Not to Be One of Them
    RBI has proactively helped UCBs; cooperatives should look at regulator differently: Shah
    Ministry of Agriculture, Food and Rural Affairs and aT Host '2026 K-Food Fair in New Delhi, India'
    No compromise on tackling illegal immigrants' issue: Minister Priyank Kharge
    Technology, transparency key for urban cooperative banks to stay competitive: Shah
    Paul Merchants Gets RBI Approval for Perpetual AD Category-II Licence Under Revised FEMA Framework
    IEPFA Organises Stakeholder Engagement with Nodal Officers of Companies on Integrated IEPFA Portal 2.0
    Rupee settles with 5 paise gain at 95.17 against US dollar
    India weathered Hormuz disruption without fuel shortages: Puri
    RBI invites public comments on the draft Directions on ‘Credit Valuation Adjustment (CVA) Framework’
    RBI invites comments on the draft “Reserve Bank of India (Commercial Banks – Prudential Norms on Capital Adequacy) Eleventh Amendment Directions, ...
    87 Proposals Received under BHAVYA Scheme during First Round of Phase-I
    India successfully concludes the 16th BRICS Trade Ministers' Meeting in Jaipur under its BRICS Chairship 2026
    GeM Completes a Decade of Transforming Public Procurement with Cumulative GMV Exceeding ₹20 Lakh Crore
    NEWS HIGHLIGHTS
    India's forex kitty swells by USD 10.5 bn to USD 692.87 bn
    Rs 5,000 cr credited to 6.22 lakh Maharashtra farmers so far under loan waiver scheme: Fadnavis
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    August 9, 2026
    Show AI Summary
    Direct Benefit Transfer pension disbursement replaces cooperative-bank doorstep delivery, while preserving home payments for beneficiaries unable to use bank accounts.
    Direct Benefit Transfer of social security and welfare pensions to Aadhaar-linked bank accounts is intended to replace cooperative-bank doorstep delivery, except for bedridden and similarly situated beneficiaries. The change addresses delays in remitting undistributed pensions, deficient record updates and reconciliation, duplicate payments, delivery incentives, and compliance with Direct Benefit Transfer norms. Criticism focuses on beneficiary access to linked commercial-bank accounts, possible minimum-balance deductions, exclusion of cooperative banks, and the effect on doorstep-delivery workers.
    August 8, 2026
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    Engineering business growth supported Raymond's first-quarter performance, with export expansion, capacity investment and net-debt-free financial flexibility.
    Raymond Limited reported unaudited first-quarter FY27 growth in total income, EBITDA and profit before tax before exceptional items, while remaining net-debt-free with a net cash surplus. Its Engineering business comprises Precision Technology & Auto Components and Aerospace & Defence. Growth in the former was attributed to export expansion, operating leverage, product mix and cost reductions. Aerospace & Defence growth was linked to production for global OEMs, portfolio expansion and increased capacity, although margins were affected by targeted research and development investment. Forward-looking statements remain subject to regulatory, political, economic and technological risks.
    August 8, 2026
    Show AI Summary
    Savings account selection requires comparison of effective interest, fees, digital service, access, and individual banking needs.
    Savings-account selection should compare effective interest returns under slab-based rates, recurring operating charges and the customer's actual banking needs. Net value depends not only on advertised rates but also on relevant minimum-balance, card, ATM, alert and transfer fees. Digital reliability, customer support, branch availability and ATM access should be assessed according to the customer's average balance, cash use, transfer frequency, travel patterns and need for in-person assistance. The suitable account is one that matches real banking behaviour.
    August 8, 2026
    Show AI Summary
    Urban cooperative bank regulation promotes licensing, governance, compliance support and cybersecurity measures to strengthen stability and depositor confidence.
    Urban cooperative banks are encouraged to recognise regulatory support through liberalised branch opening, doorstep banking, demand drafts, life certificates, dedicated regulatory coordination, enhanced gold-loan limits, one-time settlements and progress towards on-tap licensing. Sound governance is material to sectoral stability, while small-borrower lending is presented as a comparatively safe lending segment. The umbrella body can support member banks through technical expertise, compliance assistance, cybersecurity solutions and participation in a security operations centre to strengthen depositor confidence.
    August 8, 2026
    Show AI Summary
    Korean food export promotion combines buyer consultations, regulatory guidance and consumer experiences to support entry into Indian and South Asian markets.
    Korean food export promotion in India and South Asia combined business consultations with consumer-facing activities. Individual meetings connected Korean exporters with regional buyers and generated memoranda of understanding for products including frozen gimbap, ginseng wine and kombucha. Exporters received on-site guidance concerning non-tariff barriers, including food import customs clearance and certification requirements. Preparatory online sessions addressed import procedures, regulatory matters and consumer trends, while consumer events promoted Korean food through tasting, retail and experiential activities.
    August 8, 2026
    Show AI Summary
    Illegal immigration enforcement prioritises dismantling entry, documentation and employment networks while requiring citizens to report information through police channels.
    Illegal immigration enforcement involves continuous identification and verification operations, coordination with relevant officials, and confidential investigation of networks facilitating entry, identity documentation, accommodation and employment. Enquiries extend to intermediaries, contractors, Aadhaar procurement and verification practices, rather than focusing only on apprehended individuals. Citizen vigilantism, moral policing and social-media targeting of suspected migrants are discouraged because they may compromise investigations; information should instead be given through proper police channels.
    August 8, 2026
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    Technology, transparency and governance strengthen urban cooperative banks through modern customer services, depositor protection and cooperative-sector support.
    Technology adoption, transparency, sound governance and modern customer services are identified as necessary for urban cooperative banks to remain competitive. Banks are encouraged to join the sector's umbrella organisation and self-regulatory body, which provides capital, information-technology infrastructure and liquidity support. Protection of depositors' money remains a regulatory responsibility, while banks are expected to improve governance, train staff, adopt technology and enhance customer-centric services. Customer prosperity and reduced perception gaps between the central bank and urban cooperative banks are emphasised as measures to strengthen the sector.
    August 8, 2026
    Show AI Summary
    Authorised Dealer Category-II licensing expands permissible FEMA current account and foreign trade transaction services for cross-border payment customers.
    An Authorised Dealer Category-II approval under the Foreign Exchange Management (Authorised Persons) Regulations, 2026 enables Paul Merchants to undertake additional permissible non-trade current account transactions under FEMA, excluding gifts and donations, and foreign trade transactions within the applicable per-transaction limit. The approval supports foreign exchange and cross-border payment services, including overseas remittances for education, medical treatment, travel, and conference or event participation.
    August 8, 2026
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    Integrated investor claim portal modernisation advances digital KYC, streamlined verification, stakeholder-informed safeguards, and efficient investor claim settlement services.
    Integrated IEPFA Portal 2.0 is proposed to modernise investor claim processing through digital KYC, pre-filled Form IEPF-5, entitlement search, and a simplified e-Verification Report filing workflow. Stakeholder feedback included Aadhaar eKYC address validation, KYC for authorised representatives, entitlement-letter validation checks, bulk DSC and eSign functionality, integration of approved IEPF Form-4 data, lower-value share valuation using NSE and BSE data, and alerts for frequent address changes to prevent fraud.
    August 7, 2026
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    Foreign capital inflows supported the rupee despite geopolitical uncertainty, oil-price pressures, and volatile global market sentiment.
    Foreign capital inflows supported a marginal strengthening of the rupee against the US dollar despite global risk aversion arising from uncertainty surrounding negotiations affecting the Strait of Hormuz. Higher crude oil prices and weak domestic equity sentiment remained relevant pressures. Near-term currency movement was expected to depend on developments in the negotiations, weekend decisions, US employment data, the dollar index, crude oil prices, and the reported increase in foreign exchange reserves.
    August 7, 2026
    Show AI Summary
    Energy security through diversified sourcing protected fuel supplies during Hormuz disruption and supports domestic exploration and alternative fuels.
    Energy security measures based on diversified crude oil and LPG sourcing, expanded infrastructure, increased domestic LPG production and alternative fuels were presented as maintaining fuel availability during disruption of shipping through the Strait of Hormuz. Domestic resilience is also linked to support for private deep-water oil and gas exploration, opening offshore acreage, and expansion of compressed biogas and ethanol blending. Ethanol-blended petrol testing identified limited contamination instances rather than a systemic issue, while excise duty reductions were described as cushioning consumers against global fuel-price volatility.
    August 7, 2026
    Show AI Summary
    Credit valuation adjustment framework revises derivative capital requirements through flexible basic approaches, hedge recognition, and risk-sensitive counterparty treatment.
    Credit Valuation Adjustment framework revisions align CVA capital treatment with final Basel III standards. Eligible banks may use the full or reduced basic approach, while banks with an insignificant volume of non-centrally cleared derivatives may calculate their CVA capital charge at 100 per cent of the counterparty credit risk capital charge. The draft also clarifies CVA hedge recognition, introduces risk weights sensitive to sector and credit quality, and separates systematic and idiosyncratic CVA risk in the full basic approach.
    August 7, 2026
    Show AI Summary
    Leverage ratio framework amendments propose Basel-aligned capital adequacy standards, with public feedback invited on the draft directions.
    Proposed amendments to the leverage ratio framework would revise Chapter VII of the 2025 Commercial Banks Prudential Norms on Capital Adequacy Directions to implement the Basel Committee's Leverage Ratio 2017 Standard. Public comments and feedback on the draft Eleventh Amendment Directions, 2026, are invited until August 28, 2026, through the designated online platform, postal submission, or email.
    August 7, 2026
    Show AI Summary
    BHAVYA Scheme project selection uses challenge-based evaluation of infrastructure, industrial ecosystems, and policy enablers under prescribed eligibility criteria.
    BHAVYA Scheme Phase-I proposals submitted by State and Union Territory governments will be evaluated and scored under prescribed eligibility and evaluation criteria. Challenge-based project selection considers connectivity and site suitability, quality of core, value-added and social infrastructure in the detailed project report, and the industrial ecosystem and policy enablers. The Scheme guidelines provide for completion of the first-phase selection process within one year from notification.
    August 7, 2026
    Show AI Summary
    Multilateral trade cooperation preserves developing economies' policy space while advancing MSME finance, diversified value chains and digital services.
    BRICS ministers adopted measures supporting a development-centred multilateral trading system with the World Trade Organization at its core, preservation of Special and Differential Treatment, binding two-tier dispute settlement, and developing economies' policy space for food security and public stockholding. MSME measures include study of an invoice discounting mechanism and credit-assessment principles focused on cash flow rather than collateral. Value-chain measures provide for a GVC Action Plan, technical cooperation, Special Economic Zone cooperation and digitised trade documents, alongside principles for trusted cross-border digitally delivered services.
    August 7, 2026
    Show AI Summary
    Digital public procurement promotes transparent sourcing, reduced seller charges, competition monitoring and evidence-based spending oversight through an integrated marketplace.
    Government e-Marketplace digitises public procurement through a unified platform promoting transparency, efficiency, good governance and wider supplier participation. Seller-facing measures include reduced transaction charges, exemption of smaller orders, a cap on maximum transaction fees and reduced vendor assessment fees. The platform uses Artificial Intelligence and Machine Learning tools to identify suspected cartelisation, collusion and order splitting, while its digital transactional trail supports expenditure monitoring, identification of inefficiencies and evidence-based policy interventions.
    August 7, 2026
    Show AI Summary
    Criminal justice, extremist-material regulation and administrative schemes feature in reports on prosecutions, demolition practices, loan waivers and fuel policy.
    Criminal justice reports cover bail and an expedited trial in an assault prosecution, arrest for allegedly sheltering an accused, allegations of rape and murder of a minor, and claimed irregularities in a police recruitment examination. Regulatory developments include a ban on extremist literature associated with proscribed organisations and judicial disapproval of coercive demolition. Administrative coverage includes farmer loan-waiver transfers following Aadhaar authentication and debate over the E20 fuel-blending programme.
    August 7, 2026
    Show AI Summary
    Foreign exchange reserves rose as foreign currency assets, gold holdings, Special Drawing Rights and IMF reserve position increased.
    India's foreign exchange reserves increased during the week ended July 31, principally because of higher foreign currency assets and gold reserves. Foreign currency assets include US dollar valuation effects arising from movements in currencies such as the euro, pound and yen. Special Drawing Rights and India's reserve position with the International Monetary Fund also increased. The movement followed measures to attract foreign exchange inflows, including an FCNR(B) measure, after earlier reserve declines associated with rupee pressure and dollar sales for foreign exchange market intervention.
    August 7, 2026
    Show AI Summary
    Farm loan waiver eligibility depends on verified beneficiary status and Aadhaar authentication for direct credit of eligible crop-loan relief.
    The farm loan waiver scheme covers eligible short-term crop loans within the prescribed ceiling and eligibility period. Waiver amounts are credited to verified bank accounts after field verification and completion of Aadhaar authentication. Aadhaar authentication is the operative condition for automatic processing of benefits, while eligibility rules and technical conditions have raised concerns about exclusion of distressed farmers.

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      HIGHLIGHTS

      September 26, 2025

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      New Delhi, Sep 26 (PTI) Following are the top stories at 9 pm: NATION DEL66 LADAKH-WANGCHUK-LD ARREST (6.12 PM)

      Police arrest climate activist Sonam Wangchuk in Leh Leh: Police on Friday arrested climate activist Sonam Wangchuk, two days after protests demanding Ladakh's statehood and Sixth Schedule status left four people dead and 90 injured in the Union Territory.

      CAL45 BH-LDALL PM (R) (8.17 PM)

      PM transfers Rs 10,000 each to 75 lakh women in poll-bound Bihar; accuses RJD of misrule in past Patna: Prime Minister Narendra Modi on Friday launched a sharp attack on the RJD, alleging that women had suffered immensely under its rule, and urged them to ensure that the Lalu Prasad-led party and its allies never return to power in Bihar.

      DEL94 WANGCHUK-LD REAX (8.27 PM)

      'Govt's witch-hunting agenda': Oppn parties slam Centre over Sonam Wangchuk's arrest New Delhi: Opposition parties on Friday slammed the Centre over the arrest of climate activist Sonam Wangchuk, alleging that the move "clearly exposes the government's witch-hunting agenda" and it is an "abysmal failure" to maintain law and order in the Union Territory of Ladakh.

      DEL89 MEA-INDIA-US-VISA (8.07 PM)

      Engaged with Trump administration, other stakeholders: India on H-1B visa fee hike New Delhi: India is engaged with the Trump administration and other stakeholders as Washington looks at framing rules to implement its decision to raise the application fee for H-1B visas to USD 100,000.

      DEL80 CH-IAF-3RD LD MIG-21 (7.37 PM)

      MiG-21 flies through Indian skies for last time, Rajnath terms it 'national pride' Chandigarh: The legendary Mikoyan-Gurevich MiG-21 fighter jets, the backbone of the Indian Air Force's combat fleet for more than six decades, streaked through Indian skies for the last time on Friday - its final adieu threaded through history and many a remembrance.

      CAL46 WB-2NDLDALL SHAH-ABHISHEK (7.12 PM)

      Shah bats for ‘Sonar Bangla’ after 2026 polls, Abhishek hits back with funds, ‘anti-Bengali’ charge Kolkata: Union Home Minister Amit Shah on Friday said he prayed before Goddess Durga for a change of guard in West Bengal after the 2026 assembly polls to build a 'Sonar Bangla', drawing a sharp retort from senior TMC leader Abhishek Banerjee, who accused the BJP of being "anti-Bengali" and starving the state of funds.

      DEL93 MHA-AFSPA (8.22 PM)

      AFSPA extended in parts of Manipur, Nagaland, Arunachal New Delhi: The Armed Forces (Special Powers) Act was on Friday extended for six months in entire Manipur, except the jurisdiction of 13 police stations, in view of the prevailing law and order situation there.

      DEL88 UP-POSTER ROW-2ND LD CLASH (8.05 PM)

      'I Love Muhammad' row: Police, locals clash after Friday prayers in Bareilly; over 2 dozen held Bareilly (UP): An announcement postponing a proposed demonstration in support of the "I Love Muhammad" campaign by cleric and Ittehad-e-Millat Council chief Tauqeer Raza Khan led to a clash between a large crowd and police outside a mosque in Bareilly on Friday. Police have taken more than two dozen people into custody, officials said.

      DEL78 MEA-INDIANS-US-LD DEPORT (7.21 PM)

      2,417 Indians deported from US since January: MEA New Delhi: Over 2,400 Indians have been deported from the US since January, the Ministry of External Affairs (MEA) said on Friday.

      DEL71 MEA-INDIA-NATO-LD BASELESS (6.42 PM)

      Unacceptable, entirely baseless: India on NATO chief's claims that PM Modi asked for Ukraine plan from Putin New Delhi: India on Friday described as "entirely baseless" NATO Secretary General Mark Rutte's remarks that Prime Minister Narendra Modi dialled Russian President Vladimir Putin and asked for the strategy on Ukraine in view of impact of Washington's punitive tariffs on India for its energy ties with Moscow.

      DEL82 MEA-INDIA-RUSSIA (7.41 PM)

      India calls upon Moscow to release 27 more Indians recruited by Russian military New Delhi: India has called upon Russia to release 27 more Indian nationals who were recently recruited into the Russian military.

      CAL41 BH-PRIYANKA-LD RALLY (6.33 PM)

      At her maiden solo rally in Bihar, Priyanka calls Rahul a 'real patriot' Motihari (Bihar): Congress general secretary Priyanka Gandhi Vadra on Friday called her elder brother a "real patriot" who travelled a distance of "4,000 kilometers on foot" to listen to common people and understand their problems.

      CAL40 AS-ZUBEEN-CID-NOTICES (6.12 PM)

      Zubeen Garg death: Assam CID asks witnesses to appear before it within 10 days Guwahati: Assam Police’s CID on Friday issued notices to people who were present or aware of the events leading to singer Zubeen Garg’s death in Singapore, asking them to appear within 10 days, a senior official said.

      DEL87 SL-ENVOY-LD INDIA (8.05 PM)

      India will remain a strong partner in Sri Lanka's journey ahead: Envoy Mahishini Colonne New Delhi: The ties between India and Sri Lanka have reached a point of "unprecedented excellence" since President Anura Kumara Dissanayake's visit to India and Prime Minister Narendra Modi's visit to Sri Lanka, the island nation's envoy Mahishini Colonne said on Friday. By Kunal Dutt

      MDS15 KA-CASTE CENSUS-LD SIDDARAMAIAH (4.20 PM)

      Caste census: Karnataka CM says technical issues nearly sorted, survey to proceed in full swing Bengaluru: Karnataka Chief Minister Siddaramaiah on Friday said the technical issues affecting the Social and Educational Survey-widely referred to as the "caste census"-have "almost been sorted out" and that the survey will proceed in a full-fledged manner.

      DEL76 CONG-MANMOHAN-LD LIBRARY (RPT) (7.42 PM)

      Manmohan Singh library with 1,200 books opens; encapsulates journey of country, Cong New Delhi: Sections dedicated to Mahatma Gandhi, Jawaharlal Nehru, Sardar Vallabhbhai Patel and Indira Gandhi, multiple volumes of "The Encyclopedia of the Congress", as well as the party's poll manifestoes, are part of a library named after former prime minister Manmohan Singh in the Congress headquarters.

      DEL69 PM-LD FADNAVIS (6.36 PM)

      Maharashtra CM Fadnavis meets PM Modi, seeks help for rain-hit farmers New Delhi: Maharashtra Chief Minister Devendra Fadnavis on Friday met Prime Minister Narendra Modi and urged him to help farmers who have faced losses due to heavy rains that lashed the state recently.

      BOM3 MH-RAINS-MARATHWADA-AID (11.53 AM)

      Govt allots Rs 1,500 cr for aid to Marathwada farmers hit by heavy rains from May to Aug Chhatrapati Sambhajinagar: The Maharashtra government has allotted Rs 1,500 crore for disbursal of aid to farmers, who suffered crop losses due to heavy rains between May and August this year in the Marathwada region of the state, a senior official said.

      MDS22 TN-UP FUNDS-2NDLD MINISTER (7.38)

      TN Minister TRB Rajaa claims 'UP lives out of TN's tax funds' Chennai: Uttar Pradesh 'lives' by way of money paid as tax contribution by Tamil Nadu to the Centre and this is the truth, Tamil Nadu Industries Minister TRB Rajaa has claimed.

      BOM14 CG-STEEL PLANT-LD COLLAPSE (7.29 PM)

      Six dead, six injured as structure in Chhattisgarh steel plant collapses; more feared trapped Raipur: Six workers were killed and as many injured when the roof of a structure at a private steel plant collapsed in Chhattisgarh's capital Raipur on Friday, police said.

      LEGAL LGD12 SC-JSW-LD BHUSHAN STEEL (1.40 PM)

      SC upholds JSW Steel’s resolution plan for debt-ridden Bhushan Power and Steel Ltd New Delhi: The Supreme Court on Friday upheld JSW Steel’s Rs 19,700-crore resolution plan for debt-ridden Bhushan Power and Steel Limited (BPSL), bringing down curtains to a prolonged legal battle that spanned nearly eight years.

      LGD10 DL-HC-WANKHEDE-LD SERIES (1.13 PM)

      Delhi HC grills Sameer Wankhede over maintainability of plea against web series New Delhi: The Delhi High Court on Friday grilled IRS officer and former NCB zonal director Sameer Wankhede over the maintainability of his defamation suit against actor Shahrukh Khan and his wife Gauri Khan owned Red Chillies Entertainment and Netflix for allegedly maligning his reputation in their series 'The Ba

      ds of Bollywood'.

      LGD22 SC-GREEN CRACKERS (3.41 PM)

      SC gives conditional nod to green crackers, asks Centre to devise mechanism New Delhi: The Supreme Court on Friday allowed certified manufacturers to produce green crackers on the condition that their sale is not carried in Delhi-NCR without approval.

      LGD21 SC-ABBAS ANSARI (3.35 PM)

      SC relaxes bail condition of MLA Abbas Ansari in gangster case, allows him to travel outside UP New Delhi: The Supreme Court on Friday relaxed the bail conditions imposed on MLA Abbas Ansari in a UP Gangsters Act case and allowed him to travel outside the state with prior intimation to the investigation officers.

      LGD19 SC-LD MAOIST (3.02 PM)

      SC orders Chhattisgarh to preserve body of top Maoist leader after plea claims fake encounter New Delhi: The Supreme Court on Friday directed the Chhattisgarh government to preserve the body of top Maoist commander Katha Ramchandra Reddy, who was killed in an alleged fake police encounter in Narayanpur district.

      LGD32 SC-LD SUO MOTU-POLICE STATIONS (4.46 PM)

      SC poses queries to Rajasthan in suo motu case over lack of functional CCTVs in police stations New Delhi: The Supreme Court on Friday posed questions to the Rajasthan government and directed it to apprise about the number of CCTV cameras installed in each police station across the state.

      LGD43 DL-HC-LD ADANI JOURNALISTS (8.17 PM)

      Delhi HC orders status quo on removal of content on Adani New Delhi: The Delhi High Court on Friday ordered status quo on the removal of social media posts on Adani Group of Companies by senior journalist Ravish Kumar and digital news platform Newslaundry.

      LGD39 DL-COURT-2ND LD GODMAN BAIL (6.30 PM)

      Court junks pre-arrest bail plea of self-styled godman in forgery case New Delhi: A Delhi court on Friday dismissed the anticipatory bail plea of self-styled godman Chaitanyananda Saraswati in an alleged cheating, forgery and criminal conspiracy case against him.

      LGD42 DL-HC-LD KARISMA (8.00 PM)

      Delhi HC allows Sunjay Kapur'€™s wife Priya to file property papers in sealed cover New Delhi: The Delhi High Court on Friday allowed late Sunjay Kapur's wife Priya Kapur to file the list of his assets in a sealed cover and suggested the parties involved in the property dispute before it, not to share details with the media.

      FOREIGN FGN60 US-TRUMP-3RDLD SHARIF (7.56 PM)

      Pak PM and Army chief meet Prez Trump at White House; discuss regional security, other issues New York/Islamabad: US President Donald Trump met with Pakistani Prime Minister Shehbaz Sharif and Army Chief Asim Munir at the White House, where they discussed regional security, counter-terrorism cooperation and other issues.

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