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    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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September 24, 2026
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Direct tax payment gateway integration enables nationwide payments through digital options, branch channels, and customers' respective internet-banking services.
IDFC FIRST Bank's payment-gateway integration for Central Board of Direct Taxes collections enables Direct Tax payments through UPI, credit cards, debit cards, Retail and Corporate Internet Banking, and branch-based cheque, demand draft, or cash payments. Customers of other banks may use their own internet-banking facilities through the gateway. Taxpayers create a challan on the Income Tax e-Filing Portal, select Payment Gateway and IDFC FIRST Bank, choose a payment mode, complete payment, and download or print the paid challan. Payment confirmations are also accessible.
September 24, 2026
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Insurance distribution controls target commissions, expenses and loan-linked sales, reshaping bancassurance arrangements and intermediary remuneration structures.
IRDAI's consultation proposals for insurance distribution contemplate lower Expenses of Management limits, tighter commission controls, and greater control over loan-linked insurance practices. The prospective framework concerns insurer and intermediary remuneration, distribution expenses, and bancassurance fee structures. Reported concerns centre on potential effects on insurer earnings, intermediary economics, and lending-linked distribution arrangements; the measures are not described as final operative obligations or enforcement action.
September 24, 2026
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Personal loan eligibility and repayment planning: loan variants and digital applications remain subject to assessment, verification, and applicable terms.
Eligible customers may seek collateral-free personal loans within stated amount, tenure and interest-rate ranges. Loan amount, interest rate and tenure determine the EMI and total interest payable, while calculator results are estimates rather than final repayment obligations. Eligibility includes nationality, age, employment and credit-score conditions, but approval, final pricing and loan amount remain subject to lender assessment, document verification and applicable terms. Online applications require personal, financial and employment details and KYC verification.
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
Show AI Summary
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
Show AI Summary
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
Show AI Summary
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
Show AI Summary
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
Show AI Summary
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.
September 23, 2026
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Advance disbursement of central government pay addresses anticipated banking disruption, with subsequent adjustment against the following month's entitlements.
Advance disbursement of September 2026 salary, wages and pensions is authorised on 25 September for central government employees, industrial employees and pensioners because of the proposed bank strike. Payments constitute advance payments and must be adjusted after full monthly entitlements are determined, with any adjustment made from October salary or wages. End-of-month banking transactions should, where feasible, be processed in advance.

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Daily struggles persist in Gaza even as ceasefire offers some respite

October 18, 2025

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Deir Al-Balah, Oct 17 (AP) Bassil Naggar can finally sleep without getting jolted awake by the sounds of Israeli airstrikes.

For Naggar and his displaced family, and for many in Gaza facing similar challenges, the ceasefire in the Israel-Hamas war has provided a much-needed respite from a two-year war that has killed tens of thousands of Palestinians and left much of the territory in ruins.

But many daily struggles, big and small, persist — from how to put an actual roof over one's head and what to wear as winter approaches, to how to secure proper food, to worries over whether the fragile ceasefire will hold.

The extent of some of the personal and communal losses has become clearer since the ceasefire went into effect on October 10, allowing many to return to their neighbourhoods and discover what remains of their homes.

“Life after the ceasefire is still anxious. Is the war really over?” said Naggar, who has been displaced about a dozen times since the war began.

Fuelling his fears are memories of the deadly Israeli airstrikes in March that shattered an earlier truce.

In the coastal area of Muwasi, crowded with displaced Palestinians, Naggar's tent has started to wear thin. He said his home in eastern Khan Younis has been burned. He worries about how his family can keep warm in winter.

They've been surviving mostly on canned food, such as fava beans and chickpeas. He said he's starting to see instant noodles and potato chips in the market. Prices have come down some, but remain too expensive, he added.

The World Food Programme is moving “swiftly to scale up food assistance and reach families who have endured months of blockade, displacement and hunger,” spokesperson Abeer Etefa said Friday in Geneva.

"We're still below what we need, but we're getting there,” Etefa said.

Challenges she cited include damaged infrastructure and the need for more open crossings into Gaza.

Earlier in the week, the entrance of desperately needed humanitarian aid into Gaza was paused for two days for the exchange of hostages and prisoners and for a Jewish holiday. Israel had also threatened to reduce the number of trucks allowed into Gaza, saying Hamas was too slow to return remaining bodies of hostages.

Under the ceasefire agreement, hundreds of trucks are to be allowed to enter Gaza daily. COGAT, the Israeli military body overseeing humanitarian aid, did not respond to a query about how many trucks carrying aid have made it into Gaza since the ceasefire.

Naggar said he hasn't noticed a significant change in the amount of aid available since the ceasefire started.

In the October 7, 2023, attack that sparked the war, Hamas-led militants abducted 251 people, and killed around 1,200.

In Israel's ensuing offensive, nearly 68,000 Palestinians were killed in Gaza, according to the Gaza Health Ministry, which is part of the Hamas-run government. The ministry maintains detailed casualty records that are seen as generally reliable by UN agencies and independent experts.

On Thursday, hardships were on display at a crowded charity kitchen in the central city of Deir al-Balah, where scores of Palestinians held bowls and pots as they waited in front of large vats of rice. One woman displaced from Khan Younis, Fatima Shaat, said she waited for six hours for food.

Basma Abu Al-Kheir said while some goods have come in, “there is no possibility of buying what we want” because prices are too high.

In Deir al-Balah, Fida Ziyad said tomatoes, cucumbers, and eggplants are available at the market, but poultry and meat are in short supply — and all of it costs more than it did before the war. Ziyad, who lost her home in northern Gaza, said she's wary of what lies ahead, with many thorny issues about Gaza still unresolved.

For many, normalcy remains elusive.

After the ceasefire, Mohamed Samy went back to check on his home in Jabaliya to find it reduced to rubble. Samy, who now lives in Gaza City, said much of his situation hasn't changed since the ceasefire.

“Even drinking water, I have to walk, sometimes up to an hour, to get to the water truck.” In August, the world's leading authority on food crises said Gaza City was gripped by famine, which the group warned then was likely to spread without a ceasefire and an end to restrictions on humanitarian aid. At the time, Israel rejected the report, with Prime Minister Benjamin Netanyahu calling it an “outright lie.” Before then, aid groups had warned for months that Israel's restrictions of food and other aid into Gaza, and its military offensive, were causing starvation among Palestinian civilians, particularly children.

Since the beginning of the ceasefire, at least nine humanitarian organizations have gradually resumed services in Gaza City and parts of northern Gaza for displaced families and returnees, according to a UN humanitarian affairs report released Thursday.

In Deir al-Balah, Ayman Abu Saif still relies on charity kitchens for food.

“It's either rice or pasta,” said Abu Saif, who once worked in the hospitality and restaurants fields and has been repeatedly displaced during the war.

“The prices in the market are now more reasonable,” he said. That has led to a small win: He bought his children three apples for the first time in more than a year.

He remains uncertain about returning to where he lived in Gaza City, saying he saw a photo of his home destroyed. And it's not just his home that's gone.

“There is no water and no infrastructure. I cannot go back even if I want to.” In a glimpse of the challenges ahead, many displaced Palestinians returning to their neighbourhoods found themselves walking through collapsed, pockmarked and hollowed out buildings and sifting through debris for traces of their past lives.

Abu Saif laments the toll the war has taken on his children — and fears for their future.

“It's good that the bloodshed has stopped, but we have lost everything,” he said.

His six-year-old-son hasn't received a proper education and probably won't anytime soon, he said.

“I do not want my kids to think that this is what life is, to run behind a charity kitchen to get food, or walk lengthy miles to get clean water,” said Abu Saif. “This is not reality and this is not what life is, and I am not sure life in Gaza will change soon.” (AP) GRS GRS

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