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August 28, 2026
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Financial inclusion through basic bank accounts expands banking access with no-balance accounts, debit cards, and emergency overdraft support.
Pradhan Mantri Jan Dhan Yojana enables unbanked adults to open basic bank accounts without minimum-balance or maintenance-charge requirements. Accounts include a free RuPay debit card with accident insurance coverage and eligibility for an overdraft facility during emergencies. The scheme promotes digital transactions, financial security and participation in the formal economy, while extending banking access to rural and semi-urban communities and increasing women's financial inclusion.
August 28, 2026
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Flexible personal loan repayment enables eligible borrowers to select longer tenures, subject to eligibility, terms, verification, and repayment capacity.
Bajaj Finance personal loans offer eligible customers collateral-free borrowing with flexible repayment tenures of 12 to 108 months, subject to eligibility, applicable terms, verification and documentation. A longer tenure may reduce monthly EMIs by spreading repayment over more months, but can increase total interest payable. Borrowers should compare the interest rate, tenure, EMI, processing charges and other costs, while considering their income, existing commitments and repayment capacity. Loan Utsav 2026 provides limited-period rewards for eligible customers whose loans are successfully disbursed during the campaign period, subject to applicable terms.
August 28, 2026
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Arrests under the Prevention of Money Laundering Act form part of an investigation into alleged digital arrest cyber fraud and laundering of fraud proceeds. Funds were reportedly routed through numerous bank accounts, withdrawn in cash, and converted into foreign currency through licensed money changers. The financial trail is linked to commodity trading, travel and foreign-exchange entities allegedly connected with cyber-fraud complaints and first information reports. The inquiry also identified alleged shell or dummy companies using proxy directors to conceal control and facilitate fund movement.
August 28, 2026
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Foreign exchange intervention and lower crude prices supported rupee appreciation despite a stronger dollar and foreign institutional investor outflows.
Foreign exchange market conditions supported a six-paise appreciation of the rupee against the US dollar at the close of trading. Lower global crude oil prices and Reserve Bank of India intervention to limit significant rupee depreciation contributed to the movement. A marginal strengthening of the US dollar and foreign institutional investor equity outflows continued to exert pressure, while FCNR(B) scheme inflows supported the currency.
August 28, 2026
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Cyber fraud impersonating enforcement officials coerced a senior citizen into bank and cryptocurrency transfers through terror-funding threats.
Cyber fraudsters allegedly impersonated public officials and threatened a senior citizen with implication in money laundering, terror funding and cybercrime. Using WhatsApp video calls and purported official notices, they allegedly induced the victim to transfer funds to multiple bank accounts and a cryptocurrency wallet on the pretext of proving innocence. The victim reportedly liquidated fixed deposits and mutual fund investments before identifying the deception and reporting it through the cybercrime helpline. A cyber police case was registered for further investigation.
August 28, 2026
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Rupee depreciation against US dollar reflects foreign investor outflows and crude supply disruptions, moderated by weaker dollar and oil prices.
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August 27, 2026
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August 27, 2026
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Regulatory review of fraud allegations requires timely consideration of representations while merits and standing remain undecided.
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August 27, 2026
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August 27, 2026
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August 27, 2026
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Semiconductor investment cooperation anchors expanded India-Japan industrial partnerships across technology, manufacturing, clean energy, infrastructure, and financial services.
Semiconductor and artificial-intelligence cooperation centres on a six-pillar semiconductor strategy encompassing chip design, semiconductor machinery and materials, fabrication, ATMP/OSAT, research and development, and talent development. Japanese participation is sought across semiconductor materials and equipment, power semiconductors, electronics, AI, logistics and related advanced technologies. Development of semiconductor clusters is linked to reliable power, ultra-pure water, skilled manpower and social infrastructure.
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Financial inclusion through basic bank accounts enables direct welfare transfers, digital payments, insurance access and credit for excluded households.
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August 27, 2026
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Cyber-fraud awareness and digital banking safety were promoted through community sessions addressing phishing, impersonation, OTP and UPI fraud, QR-code scams, digital-arrest fraud, and fraudulent customer-care calls. Participants were guided to identify authentic banking communications, avoid sharing confidential credentials, verify callers and links before acting, and promptly report suspected unauthorised transactions. Customer vigilance, financial literacy, and institutional security measures were emphasised as complementary safeguards against digital financial fraud.
August 27, 2026
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Personal insolvency repayment plans may be approved despite minimal creditor recovery when requisite voting support and comparative valuation support them.
Personal insolvency repayment plan approval was granted under the Insolvency and Bankruptcy Code, 2016, despite objections that creditor recoveries were negligible and the proposed payment uncertain. The plan received 80.81 per cent voting support, while dissenting creditors held less than 20 per cent voting share. Valuation showed that the debtor's personal estate was materially below the offered amount, and rejection could result in bankruptcy and lower recovery. Assessment of settlement adequacy was treated as a matter of creditor commercial wisdom.

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PMLA / Black Money

2 more persons arrested in singer Zubeen Garg's death

October 3, 2025

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Guwahati, Oct 2 (PTI) Musician Shakharjyoti Goswami and singer Amritprabha Mahanta were arrested on Thursday in connection with the death of singer Zubeen Garg, police said.

Garg's musician Goswami and singer Amritprabha, who were present at the spot when the incident happened, were called for interrogation during the day and later arrested, they said.

"We have found some evidence against them. So, to enquire further, their arrest was necessary," an officer said.

With this, four persons were arrested in the case, including Garg's manager Siddharth Sharma and festival organiser Shyamkanu Mahanta, police said.

Mahanta and Sarma were arrested on Wednesday and booked under various sections of the Bharatiya Nyaya Sanhita (BNS) for culpable homicide not amounting to murder, criminal conspiracy and causing death by negligence, they said.

Special DGP of the Assam Police's CID Munna Prasad Gupta told reporters that the interrogation of Mahanta and Sarma is underway after a court remanded them to 14-day police custody.

"The investigation is going on, and I cannot share much detail. We have added Section 103 of the BNS in the FIR now," he said.

Section 103 of the Bharatiya Nyaya Sanhita (BNS) deals with the punishment for murder. It mandates that whoever commits murder shall be punished with death or imprisonment for life, and a fine.

Shyamkanu is the younger brother of former DGP Bhaskar Jyoti Mahanta, who is presently the Chief Information Commissioner of the Assam State Information Commission. His another elder brother is Nani Gopal Mahanta, who was the Education Advisor to CM Himanta Biswa Sarma before becoming the vice chancellor of Gauhati University.

The CID is probing the case of Garg's death after more than 60 FIRs have been lodged across the state against Mahanta, the chief organiser of the Northeast India Festival, where the singer had gone to perform, and almost 10 others, including the icon's manager, Sharma.

Meanwhile, Gupta said that the report of the autopsy conducted in Singapore will be handed over to Garg's family after completion of the formalities.

"The Singaporean authorities also did their investigation. The autopsy report from them will be directly shared with the family as per protocol. As per our information, they have already contacted Garg's family and will share the report soon," he said.

When asked about the second post-mortem examination carried out in Guwahati, the special DGP said the authority is waiting for the report on the viscera sample, which was sent to the Central Forensic Laboratory (CFL) in Delhi for a detailed examination.

"Once the viscera report is received, I guess the post-mortem report by the Gauhati Medical College and Hospital will be ready and available to us," Gupta said.

Garg died under mysterious circumstances in Singapore on September 19 while swimming in the sea. He had gone to the Southeast Asian nation to attend the 4th edition of the Northeast India Festival, organised by Mahanta and his company.

Assam Police formed a nine-member Special Investigation Team (SIT) to probe the case.

Gupta, who is heading the SIT, said a team will leave for Singapore to collect evidence and other details related to the case once it gets approval from that country.

"Our team is ready to go to Singapore. There are some formalities to be done. We have sent the request through the proper channel, and it will take some time. Once they inform us, our team will go," he said.

The Indian government has invoked the Mutual Legal Assistance Treaty (MLAT) with Singapore, seeking cooperation in the investigation into the death of the singer in the Southeast Asian country.

Gupta said the CID has already issued notices to all people who were present or aware of the events leading to singer Zubeen Garg's death in Singapore, asking them to appear before its officers.

"We have served notices to the members of the Assam Association Singapore. As it is a foreign nation, we cannot directly go and nab them. The notices were served through the Indian High Commission and the Singaporean authority," he said.

Gupta also said they have quizzed Sandipan Garg, a Deputy SP and cousin of the singer, who was present with him during the incident.

"We have interrogated musician Shekharjyoti and singer Amritprava, who were with Garg at the time of his death. Beyond this, I cannot share any further details," he added.

Assam Police earlier initiated a separate probe against event manager Shyamkanu Mahanta for alleged organised financial crimes and acquiring huge amounts of benami properties by money laundering.

The CID claimed that it seized bundles of incriminating documents and other items from his home during the raid on September 25 and 26, such as multiple PAN cards in the name of the same firm, nearly 30 stamp seals of different companies and government officials, and documents related to several benami properties. PTI TR TR SOM

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