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    ED arrests Chhattisgarh Congress leader in liquor 'scam' case; sent to 7 days' custody
    Sales Tax Assistant Commissioner arrested for demanding bribe of Rs 8 lakh
    Net direct tax kitty grows 23 pc to Rs 8.11 lakh cr on slower refunds, higher non-corp taxes
    Delhi court sets aside summon order in cheque bounce case
    BRICS grouping discussing linking CBDCs, fast payment systems: RBI Guv Malhotra
    PM GatiShakti National Master Plan Enables Integrated and Coordinated Infrastructure Planning
    GeM Strengthens Participation of MSMEs, Startups, Women Entrepreneurs and SHGs
    Net direct tax collection grows 23 pc to Rs 8.11 lakh cr so far this fiscal
    National Accreditation Board for Testing and Calibration Laboratories Launches India’s First Accreditation Scheme for Mobile Food Testing Laboratori...
    Commerce and Industry Minister Shri Piyush Goyal awards top buyers and sellers on GEM platform at the 10th Anniversary celebrations of GEM
    PolicyBazaar working with partners to fast-track Assam flood insurance claims
    ED arrests Chhattisgarh Congress leader in liquor 'scam' case
    ED arrests Chhattisgarh Congress leader in liquor scam case
    Register FIR in cases of missing persons immediately, irrespective of age or gender: SC
    ED freezes 182 bank accounts, seizes Rs 1 cr cash in connection to Rs 2k crore chit-fund scam
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    August 11, 2026
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    Money-laundering investigation into alleged liquor-sale proceeds led to arrest and custodial questioning amid contested political allegations.
    Money-laundering investigation concerning an alleged liquor scam led to the Enforcement Directorate's arrest of Ramgopal Agrawal and seven days' custodial remand under the Prevention of Money Laundering Act. The agency alleged his connection with proceeds of crime, non-attendance despite multiple summonses, and evasiveness during questioning. Allegations concern purported control of the state excise department, illegal liquor sales, and sharing of commissions. The Congress has denied the allegations and described the investigation as politically motivated.
    August 11, 2026
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    GST inquiry closure bribery allegations prompted anti-corruption proceedings against a Sales Tax officer under corruption law.
    Alleged bribery in GST inquiry closure led to the arrest of a Sales Tax Assistant Commissioner after a scrap trader complained of a demand for illegal gratification to close an inquiry initiated through a GST show-cause notice. Anti-corruption officials reportedly verified the allegation through intermediaries, during which the officer allegedly agreed to accept payment for closing the matter. A criminal case was registered under the Prevention of Corruption Act, with further investigation ongoing.
    August 11, 2026
    Show AI Summary
    Direct tax collection growth reflected stronger non-corporate taxes and securities transaction tax receipts alongside slower refund issuances.
    Net direct tax collections increased by 23 per cent to over Rs 8.11 lakh crore through August 10, driven by higher non-corporate tax collections and slower refund growth. Gross direct tax collections grew by 19.75 per cent to about Rs 9.55 lakh crore. Net corporate tax collections rose about 20 per cent, net non-corporate tax collections rose 23 per cent, and Securities Transaction Tax collections increased 51 per cent. Refund issuances grew by 3.8 per cent year-on-year.
    August 11, 2026
    Show AI Summary
    Vicarious liability in cheque dishonour cases cannot attach to trust associates without statutory status or transaction-specific involvement.
    Vicarious criminal liability for cheque dishonour under section 141 of the Negotiable Instruments Act does not extend to a trust, because a trust is not a juristic person. A person cannot be summoned merely for alleged active involvement in a trust where the person was neither drawer nor signatory of the cheques, trustee, office-bearer, authorised account operator, guarantor, or executor of transaction documents.
    August 11, 2026
    Show AI Summary
    Cross-border payment integration through CBDCs and fast payment systems remains under BRICS discussion to reduce transfer costs.
    Cross-border payment integration is under discussion through potential linkages between central bank digital currencies and fast payment systems, including UPI-type platforms. These approaches seek faster and less costly trade and remittance transfers, particularly retail payments, but remain at a discussion stage. Rupee internationalisation is also being pursued through central-bank memorandums of understanding for bilateral trade settlement in local currencies, with existing arrangements covering Indonesia, Maldives, Mauritius and the UAE.
    August 11, 2026
    Show AI Summary
    Integrated infrastructure planning under PM GatiShakti coordinates project evaluation, multimodal connectivity, geospatial data use, and decentralized implementation.
    PM GatiShakti National Master Plan provides an integrated, data-driven infrastructure planning framework using geospatial data, satellite imagery and API integration. Project approval, implementation and funding remain with the respective Central Ministries, Departments and States or Union Territories under their own plans and budgetary provisions; the framework sets no separate budgetary allocation or quantified targets. The Network Planning Group evaluates critical Central Government projects at the planning stage for multimodality, synchronisation, last-mile connectivity, comprehensive local development and coordinated decision-making.
    August 11, 2026
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    MSME procurement through GeM has expanded alongside analytics-driven controls against suspicious bidding, collusion, and vendor misconduct.
    GeM uses AI/ML analytics to detect order splitting, suspicious bidding, abnormal pricing, repeated participation and potential buyer-seller collusion. Flagged cases are placed before buyer organisations for review and action, while suspected cartels are assessed through digital-footprint, pricing and bid-timing indicators. Its Incident Management framework addresses false documents, fraud, collusive behaviour and other misconduct through administrative measures, including suspension. Anti-competitive conduct and cartel formation are Severe/Grave deviations, with proven cases attracting suspension for up to 365 days.
    August 11, 2026
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    Direct tax collections show stronger corporate, non-corporate and securities transaction tax receipts, alongside increased refunds during the fiscal period.
    Net direct tax collections grew by 23.09 per cent to over Rs 8.11 lakh crore up to August 10 of the current fiscal year, while gross direct tax collections increased by 19.75 per cent to about Rs 9.55 lakh crore. Corporate tax, non-corporate tax including personal income tax, and Securities Transaction Tax receipts recorded growth. Refunds issued between April 1 and August 10 also rose over the corresponding earlier period. Direct tax collections are budgeted at Rs 26.97 lakh crore for the fiscal year.
    August 11, 2026
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    Mobile food testing laboratory accreditation expands quality-assured testing access and supports coordinated food-safety surveillance and regulatory efficiency.
    NABL has launched an Accreditation Scheme for Mobile Food Testing Laboratories under the Integrated Assessment Programme. The framework enables mobile laboratories to provide reliable, quality-assured and internationally benchmarked food-testing services closer to communities, extending accredited testing beyond conventional laboratory settings. It is intended to strengthen food-safety surveillance, improve access to quality testing, support faster regulatory intervention and enhance consumer confidence. Coordinated assessments, regulatory harmonisation and mutual recognition are also intended to reduce duplication and improve regulatory efficiency while maintaining quality and compliance standards.
    August 11, 2026
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    Digital public procurement will expand AI-led price intelligence, marketplace integrity, inclusive access, credit linkages and sustainable purchasing.
    Government e-Marketplace is advancing an AI-enabled public procurement ecosystem focused on efficiency, transparency, competition, price intelligence and marketplace integrity. Priorities include last-mile access through Suvidha Kendras, integration of public entities, credit linkages, sustainable procurement and university outreach. A nationwide five-digit Helpdesk short code, 14550, mapped to existing infrastructure, is intended to maintain service continuity and improve access to support and official communications. The platform seeks to provide enterprises with a more accessible and predictable procurement market and buyers with a data-driven procurement experience.
    August 11, 2026
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    Expedited flood insurance claims require insurers and partners to simplify documentation and provide immediate service to affected policyholders.
    Expedited insurance-claim handling for flood-affected policyholders in Assam is being pursued through simplified documentation, prompt settlement and immediate service response. PolicyBazaar is coordinating with insurer partners to reduce processing delays. The Insurance Regulatory and Development Authority of India has directed insurers, including life insurers and standalone health insurers, to mobilise resources for immediate assistance, alongside governmental efforts for expeditious and hassle-free claim disposal.
    August 11, 2026
    Show AI Summary
    Money laundering investigation in alleged liquor scam leads to arrest and proposed custodial-remand proceedings under anti-money-laundering law.
    Money laundering investigation concerning an alleged liquor scam in Chhattisgarh led to the arrest of Congress leader Ramgopal Agrawal under the Prevention of Money Laundering Act. Custodial remand is to be sought for interrogation. The allegations concern an alleged syndicate that purportedly controlled the state excise department, enabled illegal liquor sales and distributed resulting commissions. Chargesheets name political figures, excise officials and officials associated with the Chief Minister's Office.
    August 11, 2026
    Show AI Summary
    Money-laundering investigation into an alleged liquor scam leads to arrest and proposed custodial interrogation under the prevention law.
    Money-laundering investigation under the Prevention of Money Laundering Act concerns an alleged liquor scam in Chhattisgarh. A former state political party treasurer has been arrested for alleged involvement and is to be produced before a local court for a request for custodial interrogation. The alleged scheme is stated to have involved control of the state excise department by a criminal syndicate, with multiple accused named in six chargesheets.
    August 11, 2026
    Show AI Summary
    Immediate FIR registration for every missing person is mandatory, with missing children treated as suspected kidnapping or abduction cases.
    Immediate FIR registration is required whenever information is received that any person is missing, irrespective of age or gender, without preliminary inquiry. Missing-person FIRs must include relevant provisions concerning kidnapping and trafficking. A missing child must be treated from the outset as a suspected case of kidnapping or abduction. States and Union Territories may face contempt action for non-compliance. Traced children should ordinarily be restored to their families within 24 hours unless trafficking or exploitation by the family is suspected.
    August 11, 2026
    Show AI Summary
    Money-laundering investigation targets alleged chit-fund collections, investor-fund diversion, concealed deposits, and irregular land transactions.
    Money-laundering investigation into an alleged multi-state chit-fund scheme involved searches at premises linked to Wellfare Buildings and Estates Pvt Ltd and its directors, seizure of cash, vehicles, property-related records and digital devices, and freezing of bank accounts. The alleged scheme concerns unauthorised public-fund collection through land-allotment schemes, followed by closure of operations. Allegations include diversion of investor funds, manipulation of financial statements to conceal deposits, and irregular land transactions intended to suppress actual consideration and evade statutory obligations.
    August 11, 2026
    Show AI Summary
    Rupee exchange-rate pressure intensified as crude oil, regional uncertainty and weaker equities constrained the local currency in early trade.
    Foreign-exchange market conditions placed the rupee under pressure against the US dollar amid West Asia uncertainty, higher crude oil prices, and weaker domestic equity markets. Foreign institutional investor inflows and Reserve Bank of India intervention supported the rupee and limited further depreciation. Reported dollar sales through state-run banks helped contain downside pressure despite rising Brent crude prices and uncertainty concerning the Strait of Hormuz.
    August 10, 2026
    Show AI Summary
    GST refund facilitation expands provisional input tax credit refunds and removes the minimum threshold for export-related IGST refunds.
    Punjab's GST amendments facilitate voluntary compliance and reduce procedural burdens by allowing a 90 per cent provisional input tax credit refund in inverted duty structure cases and removing the minimum threshold for IGST refunds on exported goods. Additional measures cap annual fee increases by private unaided educational institutions, establish digital open universities for technology-enabled higher education, protect trees and green cover, and address common infrastructure, panchayati raj, and contractual engagement of outsourced State personnel.
    August 10, 2026
    Show AI Summary
    Video-conference statements for an approver application were declined, requiring the accused's statement to be recorded before consideration.
    Special CBI Court rejected an accused's request to record her statement through video conferencing in a bank-fraud prosecution. The accused had sought to become an approver, and her statement was required to be recorded before consideration of that application. She and her husband had previously become approvers in a related money-laundering matter involving alleged fraudulent Letters of Undertaking.
    August 10, 2026
    Show AI Summary
    Fuel price transparency highlights allegations over excise duty, consumer retail costs, and profit disclosures by state-run oil marketing companies.
    Fuel pricing, central excise duty and profits of state-run oil marketing companies are examined through allegations that retail fuel prices and tax policy imposed excessive costs on consumers while generating substantial company profits. The criticism contrasts high crude-price periods with lower retail prices and lower excise duty against a later period in which reduced crude prices were allegedly not passed through to consumers. Profit-margin disclosure is also raised as a transparency issue, with parliamentary information described as covering oil prices, global crude prices and company profits.
    August 10, 2026
    Show AI Summary
    Discharge in money-laundering proceedings turns on whether pre-charge material sufficiently establishes the alleged offence.
    Discharge in a money-laundering prosecution was sought before a special PMLA court concerning alleged siphoning and laundering of loans advanced to Jet Airways by Canara Bank. The prosecution was directed to respond, subject to the applicant not seeking adjournment. Discharge is available after filing of a chargesheet and before framing of charges where the material before the court is insufficient to establish the alleged offence. The proceedings arise from a CBI FIR concerning alleged bank fraud involving Jet Airways and associated persons.

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      BlockDAG News: Presale Surpasses $430M, DeepSnitch AI Pumps 50% Amid Network Live

      November 12, 2025

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      New Delhi [India], November 12: In the latest Blockdag news, the debate roils over the "Launch Note." This event, happening on the 26th, will reveal the project's complete roadmap, its tokenomics, and the strategy for listing the token on 20 exchanges, including Mexc, LBank, and Bitmart. Meanwhile, DeepSnitch AI is also a presale, but no longer just a promise; its network is now officially live! The community is hyped about the technology, causing its presale to skyrocket, with the price surging 50% and funding of over $520,000. With a serious team and a real product, people are starting to realize that this is a project with 100x potential. Most institutional investors plan to buy more crypto in the coming months While most people were expecting an "Uptober," the market experienced a red month, with corrections and several cryptocurrencies falling. But this didn't scare institutional investors; on the contrary, they remain confident that blockchain and cryptocurrencies are the future. According to a survey conducted by the Swiss bank Sygnum (with over 1,000 global institutional investors), about 60% stated that they intend to buy more cryptocurrencies in the coming months. Within this scenario, more than 80% prefer to invest through ETFs. Another interesting point: 73% said that the motivation to invest more in crypto is the chance of higher gains compared to the traditional market. This view is shared not only by large funds but also by other types of investors. But while large funds prefer to invest in ETFs, some whales and retail investors have preferred to invest in presales. In this type of investment, it is possible to invest in early projects, still under development, buying tokens at a very low price. Those who believe in the project are rewarded when it is launched on the market and becomes mainstream, with potential returns of up to 100x. This is what investors expect, for example, from projects like DeepSnitch AI, linked to artificial intelligence, which has generated a lot of hype in the crypto community. Let’s see the latest BlockDAG news and why $DSNT could be the next ticket to 100x this cycle. DeepSnitch AI: Why does this project have 100x potential? DeepSnitch AI is an artificial intelligence project that will bring AI agents to track and monitor on-chain activities, and generate the best reports and insights to help traders. The crypto market is wild, and every day, people suffer from scams or poorly thought-out decisions that result in portfolio losses. DeepSnitch AI is here to fix it. It will offer a platform with AI agents that will, for example, monitor whale wallets, report insider moves, analyze smart contracts, track market news and trending coins, and more. All these insights will be sent in real time directly to users' Telegram channels. This will help investors better understand each market moment, each token, and its liquid pools, and thus have enough information to make better decisions. With this, they can improve performance, but also protect their portfolio. DeepSnitch AI has already been audited by the best companies in the market, and now the latest news is that its network is officially live, showing that the team is serious and committed to following the roadmap. The presale is also active, still in stage 2, and the price is still cheap. Currently, one $DSNT is only $0.02244 with project funding over $520,000. From a long-term perspective, where many crypto projects have seen their token surpass $1 or $2, an AI project could easily hit $2. This makes the DSNT price prediction $2, and a potential 100x upside. https://youtu.be/0T3Plf8_-XY?si=GYAx7CdFwbPNg2uo BlockDAG news & presale updates BlockDAG aims to be a Layer 1 blockchain, with the unique feature of combining DAG (Directed Acyclic Graph) technology with the PoW (Proof-of-Work) model. This allows it to process blockchain blocks in parallel, instead of using a linear chain like Bitcoin. By bringing a "new factor" to the market, its presale can already be considered a success. With less than 14 days remaining, it has surpassed $430 million in funding, leaving the community eagerly awaiting BlockDAG news regarding its launch date, which has not yet been confirmed. Even so, many investors are already speculating about the BlockDAG price prediction for launch. Currently, the token price is $0.005, but investors believe it will launch at least at $0.02 (representing a 4x increase). The main reason is that major exchanges have already been confirmed, such as MEXC, LBank, and Bitmart. In other news, Blockdag team announced that the "Launch Note" will take place on November 26th. This event will reveal the complete mainnet roadmap, project tokenomics, and a list of 20 exchanges where the project will be listed. Bitcoin: Price falls, but whales are accumulating The price of Bitcoin fell to $102,800 on November 11th and has now dropped 10% in the last 30 days. While these numbers seem pessimistic and worry some traders, on-chain data reveals something interesting. Between October 24th and November 7th, whale wallets holding over 10,000 Bitcoins doubled their holdings. This is an indicator that shows that "smart money" is not afraid, but continues to accumulate BTC with each new drop. This move suggests that many Bitcoin whales have strong long-term conviction in the asset. Chart analysis also shows that BTC has been respecting the 50-week moving average, and some ETFs are registering inflows again, which is positive. If BTC manages to stay above $100,000 for a few more weeks, a new bullish rally could happen by the end of 2025. Conclusion The BDAG price predictions for the launch range from $0.01 to $0.02. But, while the BlockDAG launch date has not yet been confirmed, the presale is in its final days, and the community is already speculating that the token will launch with a 4x valuation. DeepSnitch AI is an artificial intelligence project with its network now officially live! The community is hyped after seeing the technology in action, causing its presale to skyrocket, raising over $520,000, and the price surged 50%. The presale is still in its early stages, so you can still pay a cheap price to invest in a project with 100x potential in the long run. Visit the official website for more information, and join X and Telegram for community updates. FAQs 1. What makes DeepSnitch AI a 100x potential project? DeepSnitch AI uses advanced artificial intelligence agents to monitor blockchain activities, whale movements, and smart contracts in real time. With network live and strong audit results, it shows that it is one of the most promising AI crypto projects for 2026. 2. What are the latest BlockDag news updates? BlockDag has already surpassed $430 million in its presale and confirmed listings on some exchanges like MEXC, LBank, and Bitmart. While the BlockDag launch date has not yet been confirmed, the community eagerly awaits the “Launch Note” event on November 26th for the full roadmap reveal. 3. Why are institutional investors still confident in crypto? Despite market corrections, surveys show that about 60% of institutional investors plan to buy more crypto soon. Many prefer ETFs, while retail and whales invest in presales like BlockDag and DeepSnitch AI for higher long-term returns. 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

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