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    GST Council to take a view on GST on UPI MDR: Sources
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    India's Russian oil imports hold near 1.8 million bpd as Middle East fills gaps
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    Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman inaugurates BRICS Heads of Tax Authorities Meeting in New Delhi
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September 24, 2026
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Merchant discount rate on UPI merchant payments may be treated as a taxable payment settlement service with input credit availability.
GST treatment of MDR charged on UPI merchant payments above Rs 2,000 is to be considered by the GST Council. The MDR framework imposes a merchant-borne charge for payment processing and settlement. As these activities are services, MDR may attract GST at 18 per cent, subject to the Council's view. Merchants paying GST on MDR may claim input tax credit, potentially reducing their net tax burden.
September 24, 2026
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Fiscal responsibility limits frame cautions on new projects as budgetary discipline rather than financial crisis.
Finance-department advice treats fiscal indicators as grounds for restraint in approving additional expenditure rather than as evidence that funds are unavailable. Funding new projects may be difficult until additional resources are mobilised or allocations already approved are reallocated. Project proposals lacking budgetary provision or earmarked funding may create cash-flow pressures and fiscal-management challenges, requiring deferment until resources are finalised.
September 24, 2026
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Corporate document forgery allegations trigger investigation into unauthorised insolvency consortium participation and disputed share transfers.
An FIR concerns alleged cheating, forgery, criminal conspiracy, corporate-document misuse, and unauthorised financial liabilities arising from participation in a corporate insolvency resolution process. Allegations include entering a consortium arrangement without the Parekh Group's knowledge or authorisation, reliance on a fabricated and unapproved board resolution, and unauthorised transfer of shares to a group-controlled entity. Investigation covers disputed-record authenticity, alleged digital-signature misuse, and financial transaction trails.
September 24, 2026
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Energy security shapes continued Russian crude sourcing as alternative suppliers replace shortfalls amid potential sanctions-related restrictions.
Russian crude imports are operating near 1.8 million barrels daily in September, with refinery maintenance, stronger Chinese buying, and disruptions to Russian export infrastructure constraining availability. Middle Eastern supply, especially from Iraq and Saudi Arabia, has offset reduced Russian volumes. Potential tougher restrictions on countries purchasing Russian oil could complicate procurement, but energy security and tight physical oil markets make a significant near-term reduction in Russian crude purchases unlikely. Replacement remains technically possible but may raise procurement costs and competition for medium-grade crude.
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
Show AI Summary
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
Show AI Summary
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
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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
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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
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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
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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.

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Best Crypto Presale: DeepSnitch AI Jumps 50% Amid CFTC’s Leveraged Trading Push

November 12, 2025

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New Delhi [India], November 12: Acting CFTC Chair Caroline Pham is in talks to greenlight leveraged spot crypto trading as early as next month. The move could mark the first real U.S. policy change since 2021 in favor of crypto growth and innovation. Pham has continued meeting industry leaders despite the ongoing government shutdown. She’s preparing guidance for new leveraged spot crypto products. Her comments follow an earlier CFTC plan to bring more spot crypto products under U.S. regulation.

Approval for leveraged trading could unlock the next major wave of growth for new cryptos, presales, and exchange listings. One of the most exciting potential beneficiaries is DeepSnitch AI.

The market-intelligence presale has already raised more than $510K to date, and its price is up 50% to $0.02244. Traders say the momentum behind it could turn DeepSnitch AI into a rare 100x play.

CFTC move could reshape U.S. crypto policy The CFTC Chair’s plan would let U.S. traders access leveraged crypto spot positions lasting up to 28 days. It marks a milestone for adoption as it’s a clear signal to retail traders that liquidity and opportunity are on the way. This is especially true for early-stage crypto tokens to buy before broader exposure hits.

The narrative is that if leverage returns to U.S. markets, liquidity will follow. Traders are racing to identify the best crypto presale coins before that change.

Each time regulators clarify the rules, from 2017 to 2020, speculative cycles tend to ignite. The anticipation of legal leverage in the U.S. could have the same impact.

Projects like DeepSnitch AI, BlockDAG, and Bitcoin Hyper have gained traction due to their strong fundamentals. Traders are viewing these as the top new crypto ICOs with the highest potential upside.

3 best crypto presale opportunities 1. DeepSnitch AI: Turning meme energy into trader intelligence DeepSnitch AI’s live ecosystem delivers real-time market intelligence through its AI agents. They constantly scan on-chain and social data to spot trends before they go viral.

Forget typical meme coins, as this one actually helps traders trade smarter. DeepSnitch AI actually helps traders make smarter decisions. They can use its tools to detect hype early and identify potential rug pulls. SnitchScan gives traders the kind of early warning that can mean the difference between a 10x win and a total loss.

Its current presale price of $0.02244, up 50%, and over $510K raised show clear momentum. Its mix of hype, utility, and traction sets the standard for the best crypto presale opportunities.

DeepSnitch AI also taps into community psychology. Its meme-driven engagement is fueling viral visibility. A cheeky mouse mascot and bold 30% marketing push drive viral growth alongside the product itself. DeepSnitch AI merges cultural energy with powerful trading tools.

As the CFTC prepares to open the door to leveraged trading, tokens like DeepSnitch AI can help traders interpret sentiment in real time. This is no longer early-stage, as the network is live and real traders are already using it.

DeepSnitch AI perfectly intersects meme-coin mania and data-driven analysis. It’s a key feature on any list of the best crypto presale picks in 2025.

Best AI Crypto To Buy Now | Deep Snitch AI Presale – Next 100x Coin? 2. BlockDAG: Aims to power the next generation of blockchain speed BlockDAG’s presale is a standout for its wider aim of making blockchain infrastructure more scalable. Its ability to process multiple transactions simultaneously helps eliminate bottlenecks that plague older chains like Ethereum. That design could give BlockDAG a serious speed edge as the U.S. approaches margin-enabled crypto markets.

Its development team is working to forge partnerships with major exchanges and DeFi protocols. This makes BlockDAG one of the best crypto presale options for investors who prefer infrastructure projects over hype tokens.

Analysts believe BlockDAG could become a core layer powering leveraged-market products. It offers short-term momentum and long-term potential. There’s a rare blend of deep tech and investor accessibility.

3. Bitcoin Hyper: Bridges old-school trust with new-age speed Bitcoin Hyper (BHY) aims to merge Bitcoin’s brand power with next-gen blockchain functionality. It’s designed as a lightning-fast transactional token for real-world use and not just speculation.

BHY’s deflationary tokenomics and smart-contract compatibility give it a unique edge. It’s both a payment token and a programmable asset.

This is why it has already raised over $25M to date and ranks among the best crypto presale opportunities of the year: Its credible roadmap and developer transparency have given traders confidence. Regular progress updates and open governance are building trust. This is a rare quality in today’s presale scene.

Bitcoin Hyper has major appeal if leveraged trading becomes possible. Its ability to handle fast, high-volume transactions makes it stand out. BHY could become the entry point for traditional traders crossing into crypto.

Final verdict: Leverage trading could kickstart the next bull run The CFTC’s leverage initiative could be the catalyst for the next crypto cycle. Leveraged trading could reignite U.S. markets, bringing liquidity back to crypto. Unclear policies in recent years have dampened sentiment, but this move could change that.

Leverage creates volatility, which leads to opportunity. Traders are already hunting for the best crypto presale opportunities before the rule even takes effect. History shows that every major crypto boom begins with improved access.

Analysts see capital flowing into smaller assets as investors chase higher returns. That could benefit DeepSnitch AI, BlockDAG, and Bitcoin Hyper.

DeepSnitch AI is drawing the most attention as it’s live, useful, and already outperforming other presales. A possible 100x opportunity awaits investors who get in early.

Visit the official DeepSnitch AI presale website before the price rises.

FAQs Why could leveraged trading boost presales? Leverage boosts volume and volatility. These attract new investors to speculative assets that also offer utility, such as DeepSnitch AI.

What are some early-stage crypto tokens to buy? DeepSnitch AI, BlockDAG, and Bitcoin Hyper offer strong tech, hype, and growing investor confidence.

What makes DeepSnitch AI different from other AI or meme tokens? DeepSnitch AI already has a working network of five AI agents. Traders get tangible data, not just memes, so it’s both fun and functional.

Disclaimer: Trading cryptocurrencies carries a high level of risk, and may not be suitable for all investors. You should be aware of all the risks associated with cryptocurrency trading, and seek advice from an independent financial advisor. Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary, and does not constitute investment advice. The website or its publishers will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

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

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