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    Punjab govt committed to paying all valid dues; legal options being examined: FM Cheema
    ED searches multiple locations in Punjab, Chandigarh in PMLA case against PSIEC officials
    Rupee gains 9 paise against US dollar
    India, US working towards interim trade agreement: MEA
    Govt to adopt appropriate measures to mitigate fuel price volatility: MoS Finance
    Taxation laws (Amendment) Bill to attract more foreign capital, provide policy certainty introduced in LS
    Champion Mirabai Chanu Unveils MMTC-PAMP's 'Virasat' Recycled Gold Coin to Celebrate India's 80th Year of Independence
    Indian economy to hit USD 5-trillion mark in FY29 as per IMF: FM
    SVC Co-operative Bank Concludes 120th Annual General Meeting, Reaffirms Growth, Governance and Digital Focus
    Rupee falls 3 paise to close at 95.40 against US dollar
    Government Boosts MSME Financing Through SIDBI and ECLGS 5.0
    India's Market Opportunity is Growing, and the Trade is Taking Notice
    50,000 Students to Participate in Season 2 of the Franklin Templeton National Mutual Fund Olympiad 2026
    Currently nine trade disputes pending against India under WTO rules: Govt
    MNLU Mumbai Launches MBA in Entrepreneurship & Digital Business Law
    AU Small Finance Bank Savings Accounts: Competitive Interest Rates, Zero-Balance Digital Account Opening and 24x7 Mobile Banking
    Rupee opens on flat note, rises 3 paise to 95.34 against US dollar in early trade
    Meeting of Heads of National Statistical Offices of BRICS Countries “Quality Statistics as Driver of Change”
    Modernization of National Sample Surveys through adoption of digital platforms such as Computer Assisted Personal Interview (CAPI) integrated with e- ...
    Govt hikes windfall gains tax on petrol, diesel, ATF exports
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    August 4, 2026
    Show AI Summary
    Dearness allowance arrears must be cleared promptly, while the government examines legal remedies and continues its structured liquidation plan.
    Pending dearness allowance arrears of government employees and pensioners are to be cleared within a fortnight, with restraint on unproductive expenditure until admissible dues are paid. The government states that it will pay constitutionally and legally valid dues while examining the judgment, precedents and possible legal remedies. It attributes the arrears to delayed pay commission implementation and frozen dearness allowance, and states that a structured liquidation plan has been prepared and partly implemented.
    August 4, 2026
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    Money-laundering investigation examines alleged fraudulent industrial plot allotments, benami holdings and diversion of plots to residential use.
    A money-laundering investigation under the Prevention of Money Laundering Act examines alleged irregularities in industrial-plot allotments involving corporation officials, private persons, property dealers and alleged benamidars. The inquiry concerns alleged use of fictitious firms and false addresses to obtain plots, allotments to relatives and associates, and alleged diversion or change of land use from industrial to residential purposes. These activities are alleged to have generated private gains while causing loss to the public exchequer.
    August 4, 2026
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    Rupee exchange-rate movement gains support from capital inflows, while oil prices, dollar strength and monetary policy shape sentiment.
    Rupee exchange-rate movement was supported by foreign capital inflows and improved global risk sentiment, while elevated crude-oil prices and a stronger US dollar constrained gains. Market attention shifted to monetary policy, overseas dollar-deposit incentives and easier foreign access to government bonds, which were reported to support capital inflows and India's external position. A cautious approach to the benchmark repo rate was expected amid assessment of the West Asia conflict.
    August 4, 2026
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    Interim bilateral trade agreement negotiations continue as both sides work to finalise unresolved issues in the proposed arrangement.
    Interim bilateral trade agreement negotiations between India and the United States are continuing. Both sides have undertaken substantial work, while certain issues remain to be finalised before completion of the proposed interim trade arrangement. A United States Trade Representative delegation visited India to advance discussions. The text records the status of negotiations and identifies no concluded agreement or operative customs measure.
    August 4, 2026
    Show AI Summary
    Fuel-price volatility mitigation will combine fiscal measures, consumer protection, energy security and fiscal sustainability during external energy shocks.
    Fuel-price volatility is to be mitigated through fiscal and administrative measures that protect consumers while maintaining fiscal sustainability. The approach includes monitoring revenue and expenditure, reprioritising spending, and using fiscal measures when economic conditions require. Reduced central excise duty on petrol and diesel moderated the impact of elevated international crude prices and partly offset under-recoveries of public-sector oil marketing companies. Longer-term measures include revenue mobilisation, import diversification, Strategic Petroleum Reserves, cleaner fuels and energy efficiency.
    August 4, 2026
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    Tax policy certainty reforms propose easier fund management, data-centre access, electronics incentives and revised electronic-payment charging rules.
    The proposed Bill seeks to simplify conditions for foreign investment funds using fund managers in India without being treated as carrying on business in India, while retaining safeguards against misuse and round-tripping. It proposes removal of approval requirements for foreign cloud companies using Indian data centres and permits leased operation of Indian data centres. It also extends tax support for foreign companies participating in electronics contract manufacturing and component warehousing, preserves tax-free dividends for REIT and InvIT investors in specified circumstances, and removes the prohibition on Merchant Discount Rate charges for notified electronic payment modes.
    August 4, 2026
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    Responsible precious-metals recycling supports recycled-gold products, organised buyback channels and a more self-reliant domestic supply chain.
    Responsible precious-metals recycling is promoted through a commemorative recycled-gold coin intended to support domestic recycling, responsible sourcing and a self-reliant supply chain. The product is described as having certified purity authentication, tamper-proof packaging, a unique identification number and an assayer-certified minted card. The initiative seeks to reduce dependence on imported gold and expand organised, transparent recycling infrastructure. An organised silver buyback programme is also described as supporting secure consumer sales and a circular economy for precious metals.
    August 4, 2026
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    Broad-based growth strategy links tax reforms, trade resilience, industrial support and services development to medium-term economic expansion.
    The growth strategy combines agricultural productivity, manufacturing, MSME support, infrastructure, logistics, ease of doing business, streamlined income-tax and GST reforms, innovation, digitalisation, human-capital development, energy security, public capital expenditure, foreign direct investment liberalisation, export promotion, fiscal prudence and price stability. Trade resilience is to be strengthened through expanded trade agreements, while manufacturing, services, agriculture and strategic sectors receive targeted policy support. The material also reports secured-asset enforcement cases and recoveries by banks under the SARFAESI framework during FY25.
    August 4, 2026
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    Co-operative bank governance and financial disclosure support digital transformation, risk management, priority-sector lending and sustainable member-focused growth.
    Co-operative bank governance and financial disclosure were addressed at the annual general meeting, where the member-notice agenda was transacted and audited financial statements were presented. The bank reported growth in business, deposits and advances, together with net profit, asset quality, provisioning coverage and capital adequacy indicators. Its operational priorities include digital transformation, risk management, selective network expansion, customer service and operational discipline. Future priorities include retail and priority-sector lending, MSMEs, affordable housing and institutional deposits.
    August 4, 2026
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    Foreign-exchange market conditions weakened the rupee as oil prices, domestic equities and dollar strength shaped near-term currency expectations.
    The rupee weakened against the US dollar amid elevated crude oil prices, weaker domestic equities and a stronger dollar index, while foreign fund inflows moderated the decline. Attention shifted to the central bank's monetary policy meeting, with continuation of the existing benchmark policy rate anticipated. Earlier measures encouraging overseas dollar deposits and facilitating foreign participation in government bonds were reported to support capital inflows and India's external position.
    August 4, 2026
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    MSME credit expansion combines SIDBI lending initiatives with guaranteed additional working-capital facilities for eligible borrowers.
    MSME credit access is being expanded through SIDBI's branch network, direct lending, refinance support, co-lending arrangements, affordable credit for informal micro-entrepreneurs, and invoice-based digital credit for micro enterprises. Emergency Credit Line Guarantee Scheme 5.0 enables eligible MSMEs to obtain additional credit linked to peak fund-based working-capital outstanding, with full guarantee coverage for member lending institutions against defaults on the additional facility. The scheme also covers scheduled passenger airlines under distinct eligibility and guarantee parameters.
    August 4, 2026
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    Furniture and interiors sourcing platform connects Indian manufacturers with domestic and international trade buyers through direct procurement opportunities.
    imm india 2026 is presented as a business-to-business sourcing platform linking Indian furniture, home de cor, rug, carpet, mattress and handicraft manufacturers with domestic and international trade buyers. It is intended to provide direct manufacturer access, design-led sourcing and project-scale procurement opportunities for architects, designers, retailers, hospitality professionals and real estate developers. The programme includes a hosted buyer initiative, industry conferences, knowledge sessions and awards addressing innovation, sustainability, craftsmanship and design.
    August 4, 2026
    Show AI Summary
    Financial literacy Olympiad builds students' practical understanding of mutual funds, financial planning, market concepts and responsible investment participation.
    Financial literacy and investment awareness are promoted through a nationwide, multi-level educational competition for undergraduate and postgraduate students. Participants are assessed on mutual funds, investment fundamentals, financial planning, market concepts and long-term wealth creation, with exposure to market-linked products including ETFs, portfolio management services, alternative investment funds and specialised investment funds. The initiative combines academic institutions and financial-sector participants to improve practical investment knowledge, informed decision-making and responsible participation in investment markets.
    August 4, 2026
    Show AI Summary
    WTO dispute settlement challenges test India's safeguards, agricultural support, technology tariffs and production-linked incentives across pending proceedings.
    Nine pending WTO disputes against India concern safeguard measures, sugar support and export schemes, information and communications technology tariffs, and technology-sector incentives. India contests the claims as consistent with its WTO rights and obligations. Appeals concerning iron and steel safeguards, sugar measures, and certain information and communications technology tariff reports remain pending, including because the WTO Appellate Body is non-functional. Other proceedings concern Chinese challenges to production-linked incentives, tariffs, and solar, automotive, renewable-energy and information-technology measures; one panel proceeding is ongoing and another panel has not been constituted.
    August 4, 2026
    Show AI Summary
    Digital business law and entrepreneurship education combine management, compliance and innovation training for technology-driven enterprise careers and ventures.
    The MBA programme integrates management education, entrepreneurial capability, digital business law, and legal and policy awareness for technology-driven enterprise. It addresses compliance, digital platforms, data-driven decision-making, artificial intelligence, digital transactions, intellectual property, cross-border commerce and evolving regulatory frameworks. The programme is designed for prospective founders, start-up professionals, transforming family businesses and careers in consulting, strategy, business development, policy-oriented enterprises and digital commerce, with industry-relevant entrepreneurship education and digital-first learning.
    August 4, 2026
    Show AI Summary
    Savings account access expands through video KYC, mobile banking, no-minimum-balance options, monthly interest payments and deposit insurance coverage.
    Savings accounts provide monthly interest payments, liquidity and access to funds, subject to eligibility, internal policies and applicable terms. Digital account opening through Video KYC is available for an account with no minimum balance requirement, supported by mobile banking for UPI transfers, bill payments and balance monitoring. Account variants include premium, value-oriented, agricultural, financial-inclusion, children's and basic no-frills accounts. Deposit insurance applies up to the prescribed limit per depositor per bank.
    August 4, 2026
    Show AI Summary
    Foreign-exchange market conditions supported a modest early rupee gain, while importer demand and policy data remained key factors.
    Foreign-exchange market conditions supported a marginal early appreciation of the rupee against the US dollar, led by broad US-dollar weakness, improved risk sentiment, lower oil-price levels and foreign portfolio inflows. Importer demand for dollars moderated the movement. Market direction remained linked to the forthcoming monetary-policy decision and US economic data, while reported central-bank activity was described as helping smooth currency volatility. The US dollar index, crude-oil movements, global supply expectations and domestic equity-market activity were relevant exchange-rate influences.
    August 4, 2026
    Show AI Summary
    Quality statistics drive statistical-system reform through administrative data, interoperable systems, stronger governance, and international cooperation for evidence-based policymaking.
    Quality statistics are advanced through modernised national statistical systems, administrative data, digital public infrastructure, and stronger data-governance and privacy standards. Cooperation among national statistical offices is intended to address data gaps through knowledge sharing, methodological harmonisation and statistical innovation. Discussions also emphasised digital dissemination, transformational statistical reforms, and the use of administrative data for timely, cost-effective and granular official statistics, supported by harmonised metadata, interoperable systems and institutional collaboration.
    August 4, 2026
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    Digital statistical modernisation strengthens survey quality, macroeconomic indicators, international standards alignment and infrastructure performance monitoring through standardised data systems.
    National statistical modernisation uses digital survey platforms with validation checks, AI-enabled support and multilingual interfaces, alongside short-duration surveys and administrative data to improve sampling and timely official statistics. Reforms include base revisions for Gross Domestic Product, Consumer Price Index and Index of Industrial Production; adoption of metadata, quality-assessment and classification standards; and alignment with international statistical principles and methodologies. Sustainable development indicators and infrastructure monitoring are supported through a national indicator framework, PAIMANA and a standardised performance dashboard.
    August 3, 2026
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    Windfall gains tax on petroleum exports increases to discourage exports and preserve domestic fuel availability during regional supply disruptions.
    Special additional excise duty on exports of petrol, diesel and aviation turbine fuel has been increased for the relevant fortnightly period, while existing duty rates for petrol and diesel cleared for domestic consumption remain unchanged. The windfall gains tax is intended to preserve domestic availability of petroleum products during the West Asia crisis and prevent exporters from benefiting unduly from price differences linked to elevated global crude oil prices.

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      HIGHLIGHTS

      October 22, 2025

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      New Delhi, Oct 22 (PTI) Following are the top stories at 9.15 pm: NATION DEL36 PM-LDALL-TRUMP (7.27 PM)

      US President Trump dials Modi to extend Diwali greetings; bilateral trade issues figure in talks New Delhi/Washington: Prime Minister Narendra Modi and US President Donald Trump discussed trade issues during a phone conversation amid efforts by the two sides to repair bilateral ties that remain under strain after Washington slapped a whopping 50 per cent tariff on Indian goods.

      BOM16 MH-LADKI BAHIN-NCP SP (8.22 PM)

      Oppn alleges 'scam' in Ladki Bahin Yojana; NCP (SP) says 'brothers became sisters' for votes Mumbai: The Ladki Bahin Yojana for women from low income families was a well orchestrated plan to "trick" the people of Maharashtra to vote for the BJP-led Mahayuti alliance, the NCP (SP) claimed on Wednesday and sought an SIT probe into alleged irregularities in the scheme.

      DEL27 CHOKSI-LD COURT-ORDER (5.35 PM)

      No risk of unfair trial or ill-treatment to Mehul Choksi in India: Belgian court New Delhi: A Belgian court has ruled that fugitive diamantaire Mehul Choksi, main accused in a Rs 13,000 crore PNB scam, faces "no risk" of being denied a fair trial or subjected to ill-treatment if he is extradited to India.

      MDS26 KA-CM-YATHINDRA (6.04 PM)

      Yathindra's comments about his father Siddaramaiah nearing end of political life sparks speculation Belagavi (Karnataka): Karnataka Chief Minister Siddaramaiah's son Yathindra Siddaramaiah's statement on Wednesday that his father was at the fag end of his political life and Minister Satish Jarkiholi is a leader with similar progressive ideological thinking, has led to speculation, amid talks about leadership change.

      CAL36 OD-IRREGULARITIES-CBI (8.20 PM)

      Odisha govt recommends CBI probe into sub-inspector recruitment irregularities Bhubaneswar: The BJP government in Odisha on Wednesday recommended a CBI investigation into alleged irregularities in the recruitment of sub-inspectors in various departments, including police, and fire and emergency services, a statement said.

      DEL44 MHA-LADAKH (8.17 PM)

      Meeting between MHA representatives, Ladakh leaders begins weeks after deadly protests New Delhi: In the first sign of a thaw, leaders of Ladakh, where four people died in police firing during the recent pro-statehood protests, met with Home Ministry representatives here on Wednesday for sub-committee level talks.

      DEL40 DELHI-LD POLLUTION (7.55 PM)

      Delhi's air quality 'very poor' post-Diwali; sparks blame game between AAP, BJP New Delhi: Two days after Diwali, the national capital remained blanketed by haze on Wednesday with air quality in the "very poor" category, which has sparked a war of words between AAP and the ruling BJP over who to blame for the situation.

      DEL41 PB-LD STUBBLE BURNING (7.59 PM)

      Punjab saw 415 farm fires from Sep 15 to Oct 21, down from 1,510 last year: Data Patiala: Punjab recorded 415 incidents of farm fire between September 15 and October 21, down from 1,510 cases reported during the same period last year, according to data compiled by the Punjab Pollution Control Board (PPCB).

      DEL45 PM-SIKH RELICS (8.24 PM)

      Holy relics 'Jore Sahib' set to be taken to Patna; PM Modi urges people to have 'darshan' New Delhi: The holy "Jore Sahib", the footwear of Guru Gobind Singh and his wife Mata Sahib Kaur, will be taken in a ceremonial procession on Thursday from here to the Takht Patna Sahib in Patna, where the relics will be placed permanently.

      DEL42 CISF-BHAKRA-SECURITY (8.01 PM)

      CISF takes charge of Bhakra Dam project New Delhi: The Central Industrial Security Force (CISF) on Wednesday took charge of the Bhakra Dam project's security at Nangal in Punjab, a senior official said.

      DEL39 RAIL-SPECIAL TRAINS (7.53 PM)

      Festive rush: Around 200 special trains to make over 12,000 trips between Oct 1 and Nov 30 New Delhi: The Railway Ministry has released a list of 12,011 train trips scheduled between October 1 and November 30, 2025, suggesting that an average 196 special trains are operating daily from various destinations in the country to cater to the heavy festive rush.

      MDS25 KL-PREZ-4THLD-SABARIMALA (5.41 PM)

      President Murmu offers prayers at Sabarimala Lord Ayyappa temple Pathanamthitta (Kerala): President Droupadi Murmu on Wednesday offered prayers at the Lord Ayyappa temple in Sabarimala, becoming the first woman head of state to do so.

      DEL46 OPERATION SINDOOR-CITATIONS (8.25 PM)

      Military decoration citations tell tales of courage, tactical acumen displayed during Op Sindoor New Delhi: IAF fighter pilot Group Captain Ranjit Singh Sidhu, who received a prestigious military decoration for his heroics during Operation Sindoor in May, flew "multiple deep-penetration strike missions" to destroy the designated targets with surgical precision while facing "complex threat scenarios" and layered air defences.

      LEGAL LGM1 TL-COURT-CHIRANJEEVI (6.40 PM)

      Hyderabad court restrains entities from using actor Chiranjeevi's name, photo Hyderabad: A city court in an interim order has restrained various entities from using actor Chiranjeevi's name, image, voice for commercial purposes without permission.

      LGD7 DL-COURT-ACCIDENT-COMPENSATION (6.14 PM)

      Delhi tribunal awards Rs 38.64 lakh compensation to parents of sportsman killed in road accident New Delhi: A motor accident claims tribunal here has awarded a compensation of more than Rs 38.64 lakh to the parents of a national-level handball player who died in a road accident in 2018.

      BUSINESS DEL37 BIZ-IT RULES AMENDMENT-TAKEDOWN NOTICES (7.35 PM)

      Revised IT rules to ensure senior-level authorisation for content takedown notices New Delhi: The IT ministry has stipulated that intimation to social media platforms for removal of 'unlawful information' can only be issued by senior officials and would require precise details and reasons to be specified, as it notified IT Rules amendment to streamline content takedown procedures and bring transparency, clarity and precision in actions.

      DEL29 BIZ-RBI-GOLD

      RBI's gold reserves cross 880 metric tonnes by September (5.37 PM) New Delhi: The Reserve Bank's gold reserves crossed 880 metric tonnes in the first half of 2025-26 with the central bank adding 0.2 metric tonnes in the last week of September.

      DEL28 BIZ-POWER DEMAND-DIWALI (5.37 PM)

      Power consumption on Diwali defies trend this time; peak demand dips on year New Delhi: Peak power demand met in the country or the highest supply of electricity on the day of Diwali dropped slightly this time compared to last year, breaching the usual trend during the festival.

      FOREIGN FGN50: RUSSIA-NUCLEAR-LD DRILLS (8.01 PM)

      Putin commands nuclear drills as summit with Trump hangs in balance Moscow: Russian President Vladimir on Wednesday supervised the drills of the country’s strategic nuclear forces as uncertainty hangs over his proposed summit meeting with US President Donald Trump to resolve the Ukraine conflict. By Vinay Shukla

      FGN43: BANGLA-ARMY-OFFICERS-LD JAIL (5.17 PM)

      Bangladesh's special tribunal sends 15 serving army officers to jail in enforced disappearances, killings cases Dhaka: Bangladesh's International Crimes Tribunal on Wednesday sent 15 serving military officers to jail to face trial on charges of enforced disappearances, murders and custodial tortures during the then prime minister Sheikh Hasina's regime.

      PTI AMJ AMJ

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