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August 25, 2026
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Strategic investment partnership prioritises semiconductor manufacturing, resilient supply chains and advanced industrial collaboration between Indian and Japanese businesses.
India-Japan economic cooperation is directed toward deeper trade, investment, technology and business-to-business linkages, including economic security, supply-chain resilience, clean energy and innovation. Collaboration is focused on capital goods, machinery, automotive and advanced manufacturing, with stronger connections between Japanese enterprises and India's Tier-II and Tier-III suppliers, including Micro, Small and Medium Enterprises. Semiconductor manufacturing is identified as a significant investment area. The India-Japan Special Strategic and Global Partnership supports expanded engagement with manufacturing ecosystems, global value chains and resilient supply chains.
August 25, 2026
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Bilateral trade and investment cooperation advances through customs alignment, digital payment integration, market access discussions and investment treaty completion.
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August 25, 2026
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Voluntary pharmaceutical export compliance framework promotes legitimate trade while safeguarding controlled substances through information sharing and coordinated capacity building.
The Memorandum of Understanding creates a cooperative framework for legitimate pharmaceutical exports and safeguards against diversion of narcotic drugs, psychotropic substances and controlled precursors. A voluntary, non-binding code of conduct will recommend industry practices without imposing obligations beyond applicable law. Cooperation includes identifying export bottlenecks, streamlining procedures for compliant exporters, capacity-building programmes, lawful and confidential information sharing, and nomination of company contact persons to coordinate voluntary compliance measures.
August 25, 2026
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USD-INR forex swap facility accelerates foreign-currency mobilisation through non-resident deposits and institutional borrowing, strengthening India's external buffers.
USD-INR forex swap facility for FCNR(B) deposits, overseas foreign-currency borrowings and external commercial borrowings enabled banks to access foreign-currency funding through a special swap window. FCNR(B) deposits formed the principal component of the reported foreign-exchange inflows, reflecting participation by non-resident Indians. The FCNR(B) window was scheduled for early closure after the stated mobilisation objective was achieved ahead of schedule, and the inflows were presented as strengthening external buffers through long-term non-resident deposits and institutional funding.
August 25, 2026
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Foreign-exchange intervention moderated rupee depreciation as crude prices, importer dollar demand and geopolitical uncertainty sustained currency-market pressure.
Foreign-exchange conditions reflected a marginal weakening of the rupee against the US dollar, influenced by elevated crude-oil prices, importer demand for dollars, weaker Asian equities and geopolitical uncertainty. The currency remained within a narrow trading band, with RBI dollar sales described as moderating sharper depreciation. The RBI's special USD-INR forex swap facility for FCNR(B) deposits, Overseas Foreign Currency Borrowings and External Commercial Borrowings mobilised substantial foreign-exchange inflows, indicating support from non-resident Indian participants.
August 24, 2026
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Prior government sanction for public servants is contested as essential before money-laundering proceedings may validly proceed for official-duty acts.
Prior prosecution sanction is asserted to be a jurisdictional precondition for money-laundering proceedings against a public servant for acts connected with official duty. A former police officer challenges cognizance and process for want of sanction under the criminal procedure framework and the Maharashtra Police Act, relying on sanctions subsequently granted for co-accused public servants. The allegations concern collection of funds through the officer and their alleged laundering through an educational trust.
August 24, 2026
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Rupee exchange-rate movement gained marginal support from foreign equity inflows despite crude oil, importer demand and geopolitical pressures.
Rupee exchange-rate movement against the US dollar reflected a marginal appreciation, supported by foreign fund inflows into domestic equities. Trading remained within a narrow range amid pressures from higher crude oil prices, continuing importer demand, and geopolitical concerns. Market conditions also included a stronger dollar index, lower Brent crude futures, domestic equity declines, and net foreign institutional investment. Elevated oil prices and geopolitical uncertainty indicated a slight negative bias, while possible US dollar weakness could support the rupee.
August 24, 2026
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Retaliatory trade measures may target electricity, critical minerals and integrated automotive supply chains amid escalating cross-border tariff disputes.
Canada-United States trade relations involve escalating tariffs and contemplated reciprocal restrictions affecting goods, automotive production, electricity exports and critical-mineral supplies. Potential Canadian countermeasures include limiting or increasing the price of Ontario electricity exports and restricting supplies of critical minerals, with oil and potash also identified as possible leverage. The automotive sector faces particular exposure because Ontario production and supply chains are integrated with United States manufacturing. Negotiations also raised concern over limits on Canada's ability to conclude trade agreements with other countries without United States approval.
August 24, 2026
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Mandatory biometric updates for students support continued Aadhaar authentication and access to education, scholarship and benefit-related services.
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August 24, 2026
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Electricity tariff affordability requires immediate review, withdrawal of higher consumer charges, and relief measures for economically weaker households.
Electricity tariff increase in Jammu and Kashmir has been opposed as imposing an unjustified and unaffordable financial burden on domestic consumers amid rising household costs. Immediate review and withdrawal of the increase are sought, together with measures to reduce electricity costs for domestic consumers, particularly economically weaker sections, and ensure affordable, reliable power supply.
August 24, 2026
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Wheat export liberalisation replaces prohibitions to support farm prices while domestic stocks are expected to protect consumer supply.
Wheat and wheat-product exports are liberalised with immediate effect by revising their export policy from prohibited to free. The change covers wheat, wheat flour, maida, semolina and wholemeal atta, replacing the earlier export-ban framework and simplifying exports previously permitted through licences. The measure aims to support farmers amid depressed domestic prices, while adequate domestic availability and buffer stocks are expected to meet demand and moderate consumer prices.
August 24, 2026
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Food safety compliance failures trigger licence suspensions for deficient hygiene, storage, refrigeration, sanitation and valid licensing practices.
Food safety enforcement measures resulted in suspension of food licences or registrations where establishments failed hygiene, food handling, storage, refrigeration, sanitation and licensing requirements. Deficiencies included unsafe temperature control, unclean refrigeration equipment, improper food storage and thawing, inadequate sanitisation, deteriorated or expired materials, deficient oil-quality checks, artificial colouring, pest infestation, cross-contamination risks and inadequate drainage. One outlet was also found to be operating under the name of an establishment without a valid food licence, resulting in suspension of its registration certificate.
August 24, 2026
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Central Board Governance expands through appointments of part-time non-official directors for defined terms, alongside central bank and government representatives.
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August 24, 2026
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Electricity tariff adjustment is linked to inflation and transmission losses, while free household units remain separately implemented.
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August 24, 2026
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Sugar supply management measures target speculative stockpiling through imports, stockholding limits and earlier crushing to moderate prices.
Sugar supply is characterised as adequate, and higher prices are attributed principally to speculative buying and advance stockpiling, alongside lower output, seasonal demand and global price pressures rather than an actual shortage. Duty-free raw sugar imports and stockholding limits are intended to augment availability, curb speculative accumulation and stabilise market sentiment. Imports, existing stocks, special crushing and an earlier crushing season are expected to moderate prices and improve festive-period supply. Ethanol diversion is not identified as a cause of the price movement.
August 24, 2026
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Wheat export policy shifts to free trade, lifting restrictions on wheat flour, maida, semolina and wholemeal atta exports.
Wheat export policy has been revised from prohibited to free with immediate effect, lifting the export ban on wheat and related wheat products. The liberalised export treatment extends to wheat flour, maida, semolina and wholemeal atta. The restriction had been imposed to address rising domestic prices, and its removal is expected to improve international wheat availability.
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Sugar crystallization process integration combines evaporator upgrades, continuous boiling, heat recovery and automation for efficient plantation white sugar production.
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August 24, 2026
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Corporate governance professionals gain expanded training infrastructure as Hyderabad's new Chapter Office supports Company Secretaries and students.
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PMLA / Black Money

SC rejects ex-Tamil Nadu minister Senthil Balaji's plea seeking clarification of earlier order

October 6, 2025

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New Delhi, Oct 6 (PTI) The Supreme Court on Monday refused to entertain a plea of DMK leader V Senthil Balaji seeking clarification of court's earlier order on whether he can be appointed as a minister again during the pendency of trial in alleged cash-for-job scam.

A bench of Justices Surya Kant and Joymalya Bagchi rejected the contention of Balaji, put forth by senior advocate Kapil Sibal representing him, that this court has never said anything about his ministership.

"We don't read the order or cannot read the order as an injunction on you in becoming a minister. However, if the atmosphere of the state is impacted by your becoming a minister or holding a post of power, then we have to ensure that the scheme of justice prevails," the bench said.

Sibal said there was not a word in the April 28 order about Balaji becoming a minister and there can't be any injunction by the court on his becoming a minister while he is being prosecuted.

Justice Kant questioned Sibal as to why the application for clarification was filed after apex court judge Justice Abhay S Oka, who asked him to resign as minister in Tamil Nadu government, has retired.

Solicitor General Tushar Mehta, appearing for the Enforcement Directorate, also questioned the timing of the application and said that it was not in good taste.

Justice Kant told Sibal, "This court has not prevented you from taking over the post of the minister and it can't prevent you. But after it was found that on becoming minister just days after being granted bail, you were exercising some influence in the trial of cases, the court said it is better you go to jail".

Sibal pointed out that maybe this was in the court's mind but it was not reflected from the order and hence this application was filed.

Justice Bagchi said there were allegations of influence and the court found that these were prima facie correct.

Both Mehta and senior advocate Gopal Sankaranarayanan, appearing for the victims of the scam, took the bench through sequence of orders passed in the matter and said that the court on April 23 gave an ultimatum to Balaji and asked him to make a choice "between post and freedom" as it warned him of cancelling bail if he did not step down as minister.

Sensing the mood of the court, Sibal sought permission to withdraw the plea.

The bench allowed him to withdraw the plea seeking clarification.

In another matter related to Balaji, where victims have approached the court seeking appointment of a special public prosecutor, the bench asked the Tamil Nadu government why these cash-for-job scam cases involving the former minister and state officials be not transferred to Delhi or some other neutral place.

Senior advocates Abhishek Singhvi and Amit Anand Tiwari, appearing for the Tamil Nadu government, opposed the suggestion of the court saying that it will be a reflection on state judiciary that nothing is being done in these cases.

"We are only giving a suggestion that why not transfer the trial to Delhi or to some other neutral ground because the investigation is complete and only trial remains. The witnesses can depose virtually, if required. This is the court's suggestion because whenever a high state functionary or a minister is involved in criminal cases, allegations of influence or delay in trial are bound to be made," the bench said.

Singhvi and Tiwari sought time to file their response on the issue saying the response of the accused needs to be seen on the issue of transfer of trial outside the state.

Sankaranarayanan submitted that when a former chief minister of the state was involved in a criminal case, the trial was shifted to Karnataka and the court can think on that line also.

The bench said it will look into it and took on record a chart of leading lawyers submitted by Sankaranarayanan for being appointed as special public prosecutors.

It also asked the state government counsels to submit some names who can be appointed as special public prosecutors.

The top court was hearing a petition filed by Y Balaji, challenging the March 28 Madras High Court order dismissing pleas against the clubbing of multiple chargesheets in cases related to the alleged scam.

On July 30, terming the trial involving Balaji a "rudderless ship", the top court said a cricket stadium will be needed to conduct prosecution in the cash-for-job scam related cases where over 2,000 people have been implicated as accused.

It had pulled up the Tamil Nadu government for implicating so many persons as accused, questioned whether they are victims or victimisers and asked for the details of the accused and witnesses.

The top court had said it appears to be the most populated trial of India with 2,000 accused and 500 witnesses and that a small courtroom would not suffice.

Balaji resigned from the M K Stalin-led state Cabinet on April 27 after being pulled up by the top court.

On April 23, the apex court took exception to the fact that Balaji was reinstated as a minister, days after he obtained bail in a money laundering case related to the alleged cash-for-jobs scam.

On September 26, 2024, the top court granted bail to Balaji in a case probed by the Enforcement Directorate.

With Balaji spending more than 15 months in jail, the top court had observed that there was no possibility that the trial would be concluded in the near future. PTI MNL MNL KVK KVK

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