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    Delhi HC gives Kejriwal 4 weeks to respond to ED pleas against acquittal in two cases
    Pesticide residues found in 58 food samples tested in Kerala, says Minister Siddique
    DGFT Removes Physical Duty Payment Challans for Export Obligation Discharge Certificate Applications under Advance Authorisation and Export Promotion ...
    TRAI directs use of 1601-series for service, transactional calls by utilities, logistics cos
    Nagaland tax revenue rises to Rs 1,597 crore in FY'26
    India's Russian crude imports hit record for second straight month
    Stolen phone of 88-year-old leads Delhi Police to bust interstate cyber-fraud syndicate; 9 held
    Rupee falls 11 paise to close at 95.28 against US dollar on firm crude oil prices
    Loan Utsav 2026: Bajaj Finance Personal Loan Now Comes with an Exclusive Reward Bundle for Eligible Customers
    Freedom to Spend Smarter: AU Small Finance Bank Credit Cards Bring Rewards, EMI Flexibility and Lounge Access to India''s Biggest Shopping Month
    Rupee falls 8 paise to 95.25 against US dollar in early trade
    APEDA Facilitates First-Ever Export of GI-tagged Mithila Makhana by Sea Route from Bihar to Australia
    Government signs strategic MoUs with key industry leaders and ecosystems to strengthen support to StartUps
    No Charges for UPI Users
    Competition Commission of India (CCI) hosts BRICS Heads of Competition Authorities 2026 meeting
    ICoAS fraternity reaffirms commitment to cost optimisation for Atmanirbhar Bharat on ICoAS day 2026
    Govt to introduce bill in Lok Sabha to broaden NCDC's mandate for co-operative sector growth
    AAP govt indulged in large-scale financial irregularities, caused losses to exchequer: Delhi minister
    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
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    August 10, 2026
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    Summons compliance under anti-money-laundering law faces appellate scrutiny after acquittal over unproven email service allegations.
    Delhi High Court required Arvind Kejriwal to reply to Enforcement Directorate petitions challenging his acquittal in proceedings concerning alleged non-compliance with summonses. The trial court found that the agency had not proved intentional disobedience, service of summons through email, or lawful issuance of electronic summons under the Prevention of Money Laundering Act. The appellate challenge concerns proof of service, validity of electronic summons, and intentional non-compliance.
    August 10, 2026
    Show AI Summary
    Pesticide residue concerns drive organic farming, school agriculture initiatives, infrastructure financing and climate-resilience support for farmers.
    Food-safety concerns arising from pesticide residues and toxic substances are to be addressed through organic vegetable farming, household cultivation and the Kathir school-farming initiative. Kathir provides for institutional farming, teacher and committee support, markets, student training and clubs, with possible academic weightage for agricultural participation. Agricultural infrastructure financing supports post-harvest management, value addition, processing, packing, marketing and exports. Additional measures include banking support, agricultural technology adoption, women-farmer support and schemes addressing climate-related floods and drought.
    August 10, 2026
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    Digital EODC processing removes physical duty challans through authenticated payment verification for export authorisation closure.
    Export Obligation Discharge Certificate processing under the Advance Authorisation and Export Promotion Capital Goods schemes no longer requires physical duty-payment challans for voluntary customs-duty payments made on or after 1 August 2026. Authenticated licence-wise payment information is electronically transmitted from Customs/ICEGATE to DGFT systems and mapped to the relevant authorisation. Exporters can verify payment details on the customer portal, while Regional Authorities use corresponding back-office records, replacing manual submission and verification for authorisation closure.
    August 10, 2026
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    Trusted service-call numbering requires verified utilities and logistics entities to use dedicated numbers exclusively for transactional and service communications.
    The 1601-series is introduced for verified utilities, courier and logistics entities making service and transactional voice calls. Numbers must be allocated directly to eligible entities, not intermediaries or aggregators, following verification by telecom service providers and an undertaking of exclusive use. Promotional voice calls are prohibited on this series and remain associated with the 140-series. The framework separates these calls from the 1600-series reserved for regulated financial-sector and government-to-citizen communications, supporting consumer recognition of legitimate calls and reducing impersonation risks.
    August 10, 2026
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    GST revenue collection drives tax growth while data scrutiny, taxpayer verification, and compliance capacity remain key administrative priorities.
    GST constituted the principal component of tax revenue for the 2025-26 fiscal year. Tax administration faces staff shortages, information-technology upgrade needs, and increased workloads from taxpayer registrations and return filings. Compliance oversight requires GST data scrutiny, risk assessment, identification of unregistered taxpayers, tax-evasion detection, and field verification of high-risk taxpayers. Long-term revenue planning sets progressively higher collection targets through 2063.
    August 10, 2026
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    Russian crude imports reshape India's refining trade as processed petroleum products reach sanctioning jurisdictions despite import restrictions.
    Indian imports of Russian crude oil reached a second consecutive monthly record in July 2026, with Russian crude forming the dominant share of India's Russian fossil-fuel purchases and more than half of total crude imports. Higher receipts through smaller terminals offset reduced volumes at Paradip. Indian refineries processing Russian crude also exported refined petroleum products to sanctioning jurisdictions, including the European Union, Australia and the United States, despite the European Union prohibition on imports of oil products made from Russian crude.
    August 10, 2026
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    Cyber-fraud through stolen phones allegedly used mule accounts, banking credentials and coordinated technical operations to divert victims' funds.
    Investigation into unauthorised withdrawals after theft of a mobile phone uncovered an alleged interstate cyber-fraud network using stolen devices, linked banking credentials and mule bank accounts. The scheme allegedly involved phone theft, supply of accounts and banking instruments, and a technical operation that accessed victims' accounts and routed funds for withdrawal or transfer. Digital surveillance, transaction mapping, seized devices, victim data and transaction records are being examined to identify linked complaints and the extent of funds allegedly diverted.
    August 10, 2026
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    Rupee depreciation reflected stronger dollar, elevated crude prices and geopolitical uncertainty, while portfolio inflows and equity gains provided support.
    The rupee depreciated against the US dollar amid a stronger dollar, higher global crude oil prices and uncertainty surrounding West Asia-related negotiations. Concerns over crude oil's potential impact on the trade deficit weighed on the currency, while positive domestic equity markets and foreign portfolio investment inflows provided support. Market caution remained focused on forthcoming US inflation data, dollar-index movements and Brent crude prices. Foreign-exchange reserves increased during the reported period.
    August 10, 2026
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    Collateral-free personal loans offer extended repayment flexibility, conditional reward benefits, and online application subject to eligibility and disbursal requirements.
    Loan Utsav 2026 provides eligible Bajaj Finance Personal Loan applicants an exclusive reward bundle where the loan is successfully disbursed during the campaign period. The collateral-free facility supports personal expenses, offers repayment tenures from 12 to 108 months, and may enable lower monthly EMI obligations through a longer selected tenure. Interest rates depend on eligibility, credit assessment, financial profile and lending criteria. Online applications require personal and financial details and required documents, with disbursal for eligible applicants possible after verification and approval.
    August 10, 2026
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    Credit card payment flexibility supports seasonal shopping and travel through eligible EMIs, rewards, tracking tools and conditional merchant benefits.
    Credit-card spending features include conversion of eligible purchases into EMIs, selected no-cost EMI options, reward points, cashback, merchant discounts and payment flexibility. Travel-related benefits may include domestic airport lounge access, travel-booking discounts, fuel-surcharge waiver and anniversary-linked rewards. The AU 0101 application enables transaction tracking, balance and interest-rate monitoring, EMI conversion and bill-payment management. Features and offers are subject to change, customer eligibility, internal policies and partner-merchant terms.
    August 10, 2026
    Show AI Summary
    Foreign-exchange market conditions weakened the rupee as stronger dollar and crude prices offset support from reserve growth and inflows.
    Foreign-exchange market conditions saw the rupee weaken against the US dollar in early trading, influenced by a stronger dollar and higher global crude oil prices. Foreign institutional equity inflows and increased foreign-exchange reserves moderated pressure on the rupee. Market attention remained focused on developments in West Asia and the Reserve Bank of India, alongside movements in the dollar index, crude oil prices and domestic equity markets.
    August 10, 2026
    Show AI Summary
    GI-tagged Mithila Makhana export facilitation expands sea-route market access while supporting quality compliance and farmer-linked value chains.
    Export facilitation for GI-tagged Mithila Makhana enabled the first commercial sea-route shipment from Bihar to Australia. APEDA, in association with the Bihar agriculture department, supported market access, coordination, capacity building and stakeholder engagement. The export model is intended to improve farmer price realisation, require adherence to global quality standards, and strengthen growers, processors and exporters. A separate HS Code for Makhana has taken effect under the Finance Bill, 2025, supporting product-specific trade classification.
    August 10, 2026
    Show AI Summary
    Startup ecosystem support expands through digital payments, cloud access, AI innovation, investment readiness, governance support and global market programmes.
    DPIIT has entered into strategic MoUs to support DPIIT-recognised startups through payment infrastructure, entrepreneurship development, cloud technology, mobility innovation, investment readiness and global-market access. Eligible startups may receive payment and cloud support, technical training, mentorship, startup formalisation assistance, market and investor connections, AI and mobility enablement, and programmes addressing governance, financial readiness, compliance and international expansion. The collaborations promote innovation across digital payments, clean energy, artificial intelligence, climate technology, advanced manufacturing, mobility and automotive technology.
    August 10, 2026
    Show AI Summary
    UPI transaction charges remain unavailable for consumers and person-to-person payments, while limited threshold-based merchant MDR may be considered.
    Proposed amendment of section 10A of the Payment and Settlement Systems Act, 2007 is intended to support UPI sustainability, technological advancement and resilience. Consumer payments and person-to-person transactions are to remain free. Any future merchant discount rate would apply only to limited merchant transactions above a threshold, at a nominal rate, while most merchant transactions remain free. The framework supports investment in cybersecurity, fraud prevention and infrastructure, alongside a self-sustaining and inclusive digital-payment ecosystem.
    August 10, 2026
    Show AI Summary
    Fair competition cooperation in renewable energy markets advances knowledge-sharing and evidence-based enforcement across interconnected digital and energy markets.
    BRICS competition authorities adopted a Joint Statement strengthening cooperation to promote fair competition, including in renewable energy markets. Cooperation focuses on dialogue, knowledge-sharing and consideration of cross-border competition challenges in digital markets, emerging technologies and the energy transition. Competition enforcement is to remain principled and evidence-based, supporting efficiency, consumer welfare, innovation and merit-based competition. A collaborative renewable-energy competition study identified evolving market dynamics and areas for future cooperation.
    August 10, 2026
    Show AI Summary
    Cost optimisation in public finance strengthens investment decisions, risk allocation, indigenous manufacturing and value-driven government expenditure through specialised financial expertise.
    ICoAS cost optimisation supports public financial management through prudent resource utilisation, financial oversight and improved cost management across government. Its role includes supporting indigenous manufacturing, better investment decisions, efficient public expenditure and maximum value for public spending. With greater private-sector participation and Public-Private Partnerships, ICoAS officers are expected to promote cost efficiency, appropriate risk allocation and sound project structuring. Capacity building emphasises integrity, financial modelling, data visualisation, analytical frameworks and artificial intelligence for improved public-finance management.
    August 9, 2026
    Show AI Summary
    Co-operative development financing would expand through direct assistance, share-capital participation and wider operational powers for sectoral support.
    National Cooperative Development Corporation (Amendment) Bill, 2026 proposes to broaden the Corporation's mandate to promote co-operative development. It would permit direct loans and grants to co-operative societies and other entities engaged in co-operative development, where funds are used for co-operative purposes. With Central Government approval, the Corporation could participate in the share capital of such entities. The proposals also expand the meaning of foodstuffs, remove geographical restrictions for industrial-goods assistance, and provide additional functional powers.
    August 9, 2026
    Show AI Summary
    GST compliance failures and electricity subsidy controls raise allegations of financial irregularities and potential losses to the public exchequer.
    Allegations based on a Comptroller and Auditor General report identified purported GST compliance failures involving outstanding tax liabilities, e-way bills generated after cancellation of GST registrations, limited bill scrutiny, non-compliance, and turnover mismatches. The allegations also concerned electricity subsidies extended to consumers with prolonged zero bills or apparent non-residence, presenting these issues as possible financial irregularities and losses to the public exchequer.
    August 9, 2026
    Show AI Summary
    Money-laundering prosecution complaints allege fund diversion through shell entities, credit-facility evergreening, layered transactions and fictitious project expenditure.
    Money-laundering prosecution complaints allege that funds from toll-road projects and credit facilities were diverted through group companies, contractors, shell entities and conduit accounts. In the toll-road matter, allegedly sham or back-dated subcontracting arrangements and subsequent documentation were used to portray transfers as genuine project expenditure. In the credit-facilities matter, fresh facilities were allegedly used to repay, rotate and evergreen earlier liabilities rather than for sanctioned end-use, with funds layered and presented as legitimate business expenditure or receipts. Attached assets are sought to be confiscated as alleged proceeds of crime.
    August 9, 2026
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    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.

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      Diwali Sale 2025: Branded Watches on Sale in India

      October 11, 2025

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      This Diwali 2025, gift timeless luxury. Explore Sylvi’s branded watches on sale—Iconic, Urbane, Timegrapher, Rig One O One, Velvetine, Bella, Timeora, Riva & Dazell. Diwali is not only about the use of diyas and sweets. It is that magic time of the year when the streets are open until late at night, children carry sparklers in their hands, and families finally stop their hectic life to have a seat together. There is exchange of gifts, laughter is heard across the house and the closeness of togetherness makes it all even better.

      This truly is khushiyon ki ghadi — the moment of happiness we all wait for. And what could be better than marking it with a gift that stays, a gift that reminds your loved ones of these joyful times long after the festival lights have dimmed? Most of us usually turn to sweets or gift hampers. They’re nice, but let’s be honest — they don’t last. A watch, though, is different. It doesn’t get finished in a week or pushed to the back of a shelf. It stays. You wear it every day, and it quietly reminds you of the person who gave it.

      This year, Sylvi is making that feeling even better. With the Diwali Sale 2025, our watches come with festive privilege prices — 14%, 16%, and even 18% off depending on the collection. Proudly designed in India, every piece combines reliability with style, so your gift isn’t just for the festival but for years to come.

      Take your pick: the strong, bold Iconic Collection for men or the soft elegance of the Velvetine Collection for women. Each one feels different, each one has its own story. And this Diwali, you can make one of them part of yours.

      Why Watches are the best Diwali gift A Symbol of Hope: A watch marks growth, progress, and new beginnings - the essence of Diwali itself A memorable gift: Long after the Diyas have gone out, a timepiece keeps ticking, reminding loved ones of your bond.

      Personal Yet Universal: Whether for students, professionals, athletes, men, women, or any profession, a watch fits every personality.

      Luxury that you can trust: Sylvi offers Premium watches with value for money price, and we are a proudly Made in India brand that offers made in India watches that match global standards.

      When you gift someone Sylvi watches, you are not just giving a product, but you are gifting time, memories, and love, which are forever.

      Sylvi Diwali 2025 Sale: Branded Watches on Offer Every Sylvi collection tells a different story, which is why they make such meaningful Diwali gifts. Some are bold, some refined, and each reflects a unique personality.

      Iconic Collection The Iconic Collection is a perfect fit with men who like to combine tradition with being practical. The watches have dark black dials, analog-digital movements, stainless steel backs, and leather-soft-straps. The round case has a vintage appeal to it but the details add a new twist to it making it a reliable solution both at a party and in everyday life.

      Urbane Collection The Urbane Collection takes a slightly different route. The squircle case is unique, the straps come in stainless steel with silver or rosegold tones, and the dial options range from blue to green to black. Urbane is the kind of watch you can wear to the office during the day and keep on for Diwali get-togethers in the evening. It’s versatile without trying too hard.

      Timegrapher Collection The Timegrapher Collection is for men who like their watches to do more. With working chronographs, black-and-rose gold cases, and sturdy build quality, these watches have presence. They’re accurate, water-resistant, and designed to feel at home both in meetings and festive celebrations.

      Rig One O One WT Max Collection The Rig One O One WT Max Collection blends old and new. You still get the elegance of a round analog dial, but it’s paired with a digital display. Add in a stainless steel back and a comfortable silicone strap, and you have a watch that’s tough, modern, and made for someone who enjoys technology as much as tradition.

      Other Sylvi Collections at a Glance Beyond these six, Sylvi also has a wide variety of collections that make wonderful Diwali gifts. Starboard is sporty and adventurous, built for people who love energy. Blade is one of the slimmest watches, perfect for minimalists. Elegadoom is bold and striking, while Majestic carries strong colors and designs for powerful personalities. Elegare offers clean and versatile styles, and Professional Edge is crafted for working professionals who want both form and function.

      For those who prefer modern simplicity, Specter brings minimal, clean lines. Serene offers soft, graceful looks for women, and Ellore transitions easily from work to evenings out. Timeora is chic yet practical, Riva provides everyday stainless steel elegance, and Dazell is trendy and youthful, making it a smart pick under ₹2000.

      Together, these collections prove that Sylvi has something for everyone — whether it’s a stylish gift for employees, a thoughtful present for a special guest, or a personal timepiece to mark the season of light.

      Festive Price & Deals Snapshot Sylvi offers a unique watch selection reflecting quality and celebration this Diwali Sale 2025.

      Men will appreciate the best-selling Iconic Collection that reinforces our theme of versatility with 14% off. The strap options include leather and fabric, while the watch display is a fun analog-digital display. The Starboard and Urbane Collections also 14% off offer sleek stainless steel straps and an elegant analog watch face, ideal for the modern working man.

      For style, the fashionable Blade Collection of watches, also 14% off, features a minimalist stainless steel look with a classic analog time display. The Timegrapher Collection allows you to recognize elegance like never before with 16% off and leather, silicone, and steel straps in an eye-catching chronograph style.

      Women will also find options that will add sophistication to every wrist. You will find exceptional watches with the Timeora Collection, 16% off, featuring elegant stainless steel straps with a minimal analog watch display. The Riva and Serene Collections offer beautiful timepieces in analog styles, 18% off, with delicate straps created in leather, mesh and stainless steel. The watch sets are a perfect, distinct gifting option for the holiday season.

      Sylvi stands behind each watch, could be Made in India, and designed for those who enjoy luxury, style and meaning.

      Why Choose Sylvi: Made in India, Value Luxury Gifting a Sylvi watch to someone is not only providing a time piece, but it is also a sign of the time when you commemorate something that is proudly Made in India. Each design bears the Indian touch but with the quality that you would have expected of the best international brands. And this is the difference, we demonstrate that luxury may be real and high-quality without a high price tag.

      In Sylvi, we have a simple belief, which is to appreciate luxury. Watches that appear to be high-end, and feel high-end and bring timeless elegance within reach. We are bringing festive light this Diwali with special privilege price of 14%, 16% and 18% on select lines.

      From bold men’s chronographs to graceful women’s designs, Sylvi offers a variety that suits every personality. Over the years, we’ve built a legacy of trust — rooted in craftsmanship, culture, and innovation. That’s why when you gift Sylvi, you’re not just gifting a watch. You’re gifting a story that will live on every wrist.

      Diwali Gifting Guide: Which Watch Fits Whom? Choosing the right watch for your loved ones doesn’t have to feel complicated. Here’s a quick guide to help you find their perfect match: Students & Youth → Urbane, Dazell, Blade Professionals → Iconic, Timegrapher, Timeora Women Elegant → Bella, Velvetine, Riva, and Serene Adventurers → Starboard, Rig One O One WT Max Collectors & Fashionistas → Elegadoom, Specter Expert advice: Present your Sylvi with a personalized card and wrap it in a festive box. It transforms a wonderful gift into one that will be remembered.

      Secure Yours Today – Limited Festive Privilege Prices It is time to celebrate more than lights and sweets this Diwali 2025, and Sylvi is inviting you to do so. Make merry with that which is enduring-- with a present that counts the seconds. Our Sylvi luxury watches are not just accessories since we present exclusive festive deals of 14%, 16% and 18%. They are a status symbol of luxury, pride and love.

      Don’t wait too long. Get yours now and have a Diwali of a lifetime. Since it is light season, the time is of the essence.

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

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