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    Rupee falls 8 paise to 95.25 against US dollar in early trade
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August 10, 2026
Show AI Summary
Foreign-exchange market conditions weakened the rupee as stronger dollar and crude prices offset support from reserve growth and inflows.
Foreign-exchange market conditions saw the rupee weaken against the US dollar in early trading, influenced by a stronger dollar and higher global crude oil prices. Foreign institutional equity inflows and increased foreign-exchange reserves moderated pressure on the rupee. Market attention remained focused on developments in West Asia and the Reserve Bank of India, alongside movements in the dollar index, crude oil prices and domestic equity markets.
August 10, 2026
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GI-tagged Mithila Makhana export facilitation expands sea-route market access while supporting quality compliance and farmer-linked value chains.
Export facilitation for GI-tagged Mithila Makhana enabled the first commercial sea-route shipment from Bihar to Australia. APEDA, in association with the Bihar agriculture department, supported market access, coordination, capacity building and stakeholder engagement. The export model is intended to improve farmer price realisation, require adherence to global quality standards, and strengthen growers, processors and exporters. A separate HS Code for Makhana has taken effect under the Finance Bill, 2025, supporting product-specific trade classification.
August 10, 2026
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Startup ecosystem support expands through digital payments, cloud access, AI innovation, investment readiness, governance support and global market programmes.
DPIIT has entered into strategic MoUs to support DPIIT-recognised startups through payment infrastructure, entrepreneurship development, cloud technology, mobility innovation, investment readiness and global-market access. Eligible startups may receive payment and cloud support, technical training, mentorship, startup formalisation assistance, market and investor connections, AI and mobility enablement, and programmes addressing governance, financial readiness, compliance and international expansion. The collaborations promote innovation across digital payments, clean energy, artificial intelligence, climate technology, advanced manufacturing, mobility and automotive technology.
August 10, 2026
Show AI Summary
UPI transaction charges remain unavailable for consumers and person-to-person payments, while limited threshold-based merchant MDR may be considered.
Proposed amendment of section 10A of the Payment and Settlement Systems Act, 2007 is intended to support UPI sustainability, technological advancement and resilience. Consumer payments and person-to-person transactions are to remain free. Any future merchant discount rate would apply only to limited merchant transactions above a threshold, at a nominal rate, while most merchant transactions remain free. The framework supports investment in cybersecurity, fraud prevention and infrastructure, alongside a self-sustaining and inclusive digital-payment ecosystem.
August 10, 2026
Show AI Summary
Fair competition cooperation in renewable energy markets advances knowledge-sharing and evidence-based enforcement across interconnected digital and energy markets.
BRICS competition authorities adopted a Joint Statement strengthening cooperation to promote fair competition, including in renewable energy markets. Cooperation focuses on dialogue, knowledge-sharing and consideration of cross-border competition challenges in digital markets, emerging technologies and the energy transition. Competition enforcement is to remain principled and evidence-based, supporting efficiency, consumer welfare, innovation and merit-based competition. A collaborative renewable-energy competition study identified evolving market dynamics and areas for future cooperation.
August 10, 2026
Show AI Summary
Cost optimisation in public finance strengthens investment decisions, risk allocation, indigenous manufacturing and value-driven government expenditure through specialised financial expertise.
ICoAS cost optimisation supports public financial management through prudent resource utilisation, financial oversight and improved cost management across government. Its role includes supporting indigenous manufacturing, better investment decisions, efficient public expenditure and maximum value for public spending. With greater private-sector participation and Public-Private Partnerships, ICoAS officers are expected to promote cost efficiency, appropriate risk allocation and sound project structuring. Capacity building emphasises integrity, financial modelling, data visualisation, analytical frameworks and artificial intelligence for improved public-finance management.
August 9, 2026
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Co-operative development financing would expand through direct assistance, share-capital participation and wider operational powers for sectoral support.
National Cooperative Development Corporation (Amendment) Bill, 2026 proposes to broaden the Corporation's mandate to promote co-operative development. It would permit direct loans and grants to co-operative societies and other entities engaged in co-operative development, where funds are used for co-operative purposes. With Central Government approval, the Corporation could participate in the share capital of such entities. The proposals also expand the meaning of foodstuffs, remove geographical restrictions for industrial-goods assistance, and provide additional functional powers.
August 9, 2026
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GST compliance failures and electricity subsidy controls raise allegations of financial irregularities and potential losses to the public exchequer.
Allegations based on a Comptroller and Auditor General report identified purported GST compliance failures involving outstanding tax liabilities, e-way bills generated after cancellation of GST registrations, limited bill scrutiny, non-compliance, and turnover mismatches. The allegations also concerned electricity subsidies extended to consumers with prolonged zero bills or apparent non-residence, presenting these issues as possible financial irregularities and losses to the public exchequer.
August 9, 2026
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Money-laundering prosecution complaints allege fund diversion through shell entities, credit-facility evergreening, layered transactions and fictitious project expenditure.
Money-laundering prosecution complaints allege that funds from toll-road projects and credit facilities were diverted through group companies, contractors, shell entities and conduit accounts. In the toll-road matter, allegedly sham or back-dated subcontracting arrangements and subsequent documentation were used to portray transfers as genuine project expenditure. In the credit-facilities matter, fresh facilities were allegedly used to repay, rotate and evergreen earlier liabilities rather than for sanctioned end-use, with funds layered and presented as legitimate business expenditure or receipts. Attached assets are sought to be confiscated as alleged proceeds of crime.
August 9, 2026
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Direct Benefit Transfer pension disbursement replaces cooperative-bank doorstep delivery, while preserving home payments for beneficiaries unable to use bank accounts.
Direct Benefit Transfer of social security and welfare pensions to Aadhaar-linked bank accounts is intended to replace cooperative-bank doorstep delivery, except for bedridden and similarly situated beneficiaries. The change addresses delays in remitting undistributed pensions, deficient record updates and reconciliation, duplicate payments, delivery incentives, and compliance with Direct Benefit Transfer norms. Criticism focuses on beneficiary access to linked commercial-bank accounts, possible minimum-balance deductions, exclusion of cooperative banks, and the effect on doorstep-delivery workers.
August 8, 2026
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Engineering business growth supported Raymond's first-quarter performance, with export expansion, capacity investment and net-debt-free financial flexibility.
Raymond Limited reported unaudited first-quarter FY27 growth in total income, EBITDA and profit before tax before exceptional items, while remaining net-debt-free with a net cash surplus. Its Engineering business comprises Precision Technology & Auto Components and Aerospace & Defence. Growth in the former was attributed to export expansion, operating leverage, product mix and cost reductions. Aerospace & Defence growth was linked to production for global OEMs, portfolio expansion and increased capacity, although margins were affected by targeted research and development investment. Forward-looking statements remain subject to regulatory, political, economic and technological risks.
August 8, 2026
Show AI Summary
Savings account selection requires comparison of effective interest, fees, digital service, access, and individual banking needs.
Savings-account selection should compare effective interest returns under slab-based rates, recurring operating charges and the customer's actual banking needs. Net value depends not only on advertised rates but also on relevant minimum-balance, card, ATM, alert and transfer fees. Digital reliability, customer support, branch availability and ATM access should be assessed according to the customer's average balance, cash use, transfer frequency, travel patterns and need for in-person assistance. The suitable account is one that matches real banking behaviour.
August 8, 2026
Show AI Summary
Urban cooperative bank regulation promotes licensing, governance, compliance support and cybersecurity measures to strengthen stability and depositor confidence.
Urban cooperative banks are encouraged to recognise regulatory support through liberalised branch opening, doorstep banking, demand drafts, life certificates, dedicated regulatory coordination, enhanced gold-loan limits, one-time settlements and progress towards on-tap licensing. Sound governance is material to sectoral stability, while small-borrower lending is presented as a comparatively safe lending segment. The umbrella body can support member banks through technical expertise, compliance assistance, cybersecurity solutions and participation in a security operations centre to strengthen depositor confidence.
August 8, 2026
Show AI Summary
Korean food export promotion combines buyer consultations, regulatory guidance and consumer experiences to support entry into Indian and South Asian markets.
Korean food export promotion in India and South Asia combined business consultations with consumer-facing activities. Individual meetings connected Korean exporters with regional buyers and generated memoranda of understanding for products including frozen gimbap, ginseng wine and kombucha. Exporters received on-site guidance concerning non-tariff barriers, including food import customs clearance and certification requirements. Preparatory online sessions addressed import procedures, regulatory matters and consumer trends, while consumer events promoted Korean food through tasting, retail and experiential activities.
August 8, 2026
Show AI Summary
Illegal immigration enforcement prioritises dismantling entry, documentation and employment networks while requiring citizens to report information through police channels.
Illegal immigration enforcement involves continuous identification and verification operations, coordination with relevant officials, and confidential investigation of networks facilitating entry, identity documentation, accommodation and employment. Enquiries extend to intermediaries, contractors, Aadhaar procurement and verification practices, rather than focusing only on apprehended individuals. Citizen vigilantism, moral policing and social-media targeting of suspected migrants are discouraged because they may compromise investigations; information should instead be given through proper police channels.
August 8, 2026
Show AI Summary
Technology, transparency and governance strengthen urban cooperative banks through modern customer services, depositor protection and cooperative-sector support.
Technology adoption, transparency, sound governance and modern customer services are identified as necessary for urban cooperative banks to remain competitive. Banks are encouraged to join the sector's umbrella organisation and self-regulatory body, which provides capital, information-technology infrastructure and liquidity support. Protection of depositors' money remains a regulatory responsibility, while banks are expected to improve governance, train staff, adopt technology and enhance customer-centric services. Customer prosperity and reduced perception gaps between the central bank and urban cooperative banks are emphasised as measures to strengthen the sector.
August 8, 2026
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Authorised Dealer Category-II licensing expands permissible FEMA current account and foreign trade transaction services for cross-border payment customers.
An Authorised Dealer Category-II approval under the Foreign Exchange Management (Authorised Persons) Regulations, 2026 enables Paul Merchants to undertake additional permissible non-trade current account transactions under FEMA, excluding gifts and donations, and foreign trade transactions within the applicable per-transaction limit. The approval supports foreign exchange and cross-border payment services, including overseas remittances for education, medical treatment, travel, and conference or event participation.
August 8, 2026
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Integrated investor claim portal modernisation advances digital KYC, streamlined verification, stakeholder-informed safeguards, and efficient investor claim settlement services.
Integrated IEPFA Portal 2.0 is proposed to modernise investor claim processing through digital KYC, pre-filled Form IEPF-5, entitlement search, and a simplified e-Verification Report filing workflow. Stakeholder feedback included Aadhaar eKYC address validation, KYC for authorised representatives, entitlement-letter validation checks, bulk DSC and eSign functionality, integration of approved IEPF Form-4 data, lower-value share valuation using NSE and BSE data, and alerts for frequent address changes to prevent fraud.
August 7, 2026
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Foreign capital inflows supported the rupee despite geopolitical uncertainty, oil-price pressures, and volatile global market sentiment.
Foreign capital inflows supported a marginal strengthening of the rupee against the US dollar despite global risk aversion arising from uncertainty surrounding negotiations affecting the Strait of Hormuz. Higher crude oil prices and weak domestic equity sentiment remained relevant pressures. Near-term currency movement was expected to depend on developments in the negotiations, weekend decisions, US employment data, the dollar index, crude oil prices, and the reported increase in foreign exchange reserves.
August 7, 2026
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Energy security through diversified sourcing protected fuel supplies during Hormuz disruption and supports domestic exploration and alternative fuels.
Energy security measures based on diversified crude oil and LPG sourcing, expanded infrastructure, increased domestic LPG production and alternative fuels were presented as maintaining fuel availability during disruption of shipping through the Strait of Hormuz. Domestic resilience is also linked to support for private deep-water oil and gas exploration, opening offshore acreage, and expansion of compressed biogas and ethanol blending. Ethanol-blended petrol testing identified limited contamination instances rather than a systemic issue, while excise duty reductions were described as cushioning consumers against global fuel-price volatility.

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November 12, 2025

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New Delhi, Nov 12 (PTI) Following are the top stories at 9 PM NATION DEL48 DL-2NDLD BLAST (5.00 PM)

Arrested doctor recced Red Fort many times in Jan; key suspects went to Turkiye, say sources New Delhi: An analysis of dump data retrieved from the mobile phone of Dr Muzammil Ganaie, who was arrested after police busted a white-collar terror module recently, showed that he conducted multiple reconnaissances of the Red Fort area in January this year, officials said.

DEL16 NCR-BLAST-2NDLD UNIVERSITY (6.26 PM)

Al Falah University started out as engineering college in 1997, MBBS classes began in 2019 Faridabad: The Al Falah University, which has come under the scanner following the busting of a "white-collar terror module" and the blast near Red Fort, started out as an engineering college in 1997 in the Muslim-dominated Dhauj village of Haryana's Faridabad.

DEL77 BIHAR-LD EXIT POLLS (7.41 PM)

2 latest exit polls point to NDA win; Axis My India predicts RJD as single-largest party New Delhi: Two fresh exit polls on Wednesday pointed to an NDA victory in Bihar with Axis My India showing a clear edge for the ruling alliance and Today's Chanakya forecasting a big win for it over the Mahagathbandhan.

DEL70 DL-BLAST-PM-2NDLD HOSPITAL VISIT (7.15 PM)

Red Fort blast: PM Modi meets survivors, says those behind conspiracy to be brought to justice New Delhi: Prime Minister Narendra Modi visited the LNJP Hospital on Wednesday and met the survivors of the Red Fort blast, saying the perpetrators will be brought to justice.

DEL78 DHARMENDRA-LD ALL DISCHARGE (7.53 PM)

Dharmendra discharged from hospital, family opts for home treatment Mumbai: Veteran actor Dharmendra was discharged from the Breach Candy hospital on Wednesday morning and will continue his recovery at home, his family and doctor said amid intense speculation about his health.

DEL64 HR-BLAST-RED CAR (6.42 PM)

Red Fort blast: Red car suspected to be linked to accused seized in Faridabad Chandigarh: A red Ford EcoSport car suspected to be linked to the Delhi Red Fort blast case has been traced and seized in Faridabad district's Khandawali, police said.

DEL82 EC-BH-REPOLL (8.02 PM)

Bihar elections: No repoll recommended in Phase 2 also, says EC New Delhi: The Election Commission on Wednesday said no repoll has been recommended in any of the polling booths of 122 assembly seats in Bihar that went to elections in the second phase.

DEL80 JK-2NDLD RAIDS-JEI (7.49 PM)

J-K Police raids around 500 locations linked to banned organisations including JeI Srinagar: Police on Wednesday intensified its crackdown on the terror ecosystem in Kashmir, carrying out raids at around 500 locations linked to terrorist associates, and persons affiliated with banned organisations, including Jamaat-e-Islami (JeI), in the valley, officials said.

DEL72 PAR-LD COMMITTEE (7.16 PM)

BJP's Aparajita Sarangi to chair joint panel on bills to remove PM, CMs; 4 oppn MPs part of it New Delhi: BJP leader Aparajita Sarangi was on Wednesday appointed as chairperson of the Joint Committee of Parliament to examine bills to remove the prime minister, chief ministers and Union/state cabinet ministers, if they are arrested or detained for 30 days straight on serious charges.

DEL27 JK-LD BLASTS-PREACHER (2.39 PM)

J-K cops detain Haryana preacher in 'white collar' terror module case Srinagar: A preacher from Haryana who allegedly helped store explosives in his rented home near Faridabad’s Al Falah university was detained and brought to Srinagar early Wednesday, Jammu and Kashmir police officials said.

DEL40 BLAST-PARL PANEL (3.56 PM)

Red Fort blast issue raised in Parliamentary panel, Chairperson declines discussion: Source New Delhi: The issue of the blast near Red Fort was raised in a meeting of a Parliamentary Standing Committee on Home Affairs on Wednesday, but the Chairperson of the panel refused to discuss the matter, a source said.

DEL41 HEALTH-POLLUTION-ADVISORY (4 PM)

Centre issues updated advisory to states, UTs for tackling air pollution-related diseases New Delhi: The Centre has issued an updated advisory to all states and Union territories asking them to ensure chest clinics in government health facilities and medical colleges under its National Programme on Climate Change and Human Health (NPCCHH) to tackle air pollution-related diseases.

BOM15 MH-TECHIE-ATS-2NDLD PROBE (6.17 PM)

ATS searches premises in Thane and Pune over arrest of techie for 'terror' links Mumbai: The Maharashtra ATS has searched the premises of a teacher in Thane and another person in Pune in connection with the recent arrest of a software engineer for his alleged links with Al Qaeda and other banned outfits, officials said on Wednesday.

CAL36 AS-LD OPPOSITION (8.39 PM)

Opposition parties to contest Assam Assembly polls unitedly: Gaurav Guwahati: Making a pitch for a tough battle ahead against the ruling BJP-led alliance, Assam Congress president Gaurav Gogoi on Wednesday announced that at least eight opposition parties have decided to unitedly contest the state assembly elections due next year.

BUSINESS DEL79 BIZ-SEBI-LD DISCLOSURE (7.45 PM)

Sebi panel for sweeping reforms in disclosure, conflict of interest rules for chairman, senior officers New Delhi: A Sebi panel has proposed comprehensive reforms to bring in transparency by way of greater disclosure and a "zero-tolerance" culture to address conflict of interest with regard to top officials of the capital market regulator.

BUSINESS LGD7 SC-LAWYER-LD BAIL (12.24 PM)

SC orders immediate release of Delhi lawyer arrested by Haryana STF in murder case New Delhi: The Supreme Court on Wednesday ordered the immediate release of Delhi-based advocate Vikram Singh, who was arrested by the Special Task Force of Gurugram Police in connection with a murder case.

LGD10 SC-AIR POLLUTION (4.38 PM)

Air pollution: SC asks Punjab, Haryana to apprise about steps taken against stubble burning New Delhi: Taking note of stubble burning leading to further worsening of air quality levels in Delhi-NCR, the Supreme Court on Wednesday asked the Punjab and Haryana governments to apprise it about the action taken to control the situation.

LGD19 SC-ASSAM PROF-THREAT (RPT) (8.32 PM)

'You're a threat to young girls': SC to Assam prof arrested for anti-India, obscene online posts New Delhi: The Supreme Court on Wednesday came down heavily on a professor at a college in Assam arrested for making anti-India and obscene social media posts, and called him "a threat to young girls" and a "pervert" who should not be allowed to enter the educational institution.

LGD18 SC-ARAVALLI HILLS (7.10 PM)

SC reserves verdict on uniform definition of Aravalli Hills and Ranges, takes note of panel's report New Delhi: The Supreme Court on Wednesday reserved its verdict on the crucial issue of defining the Aravalli Hills and Ranges for ensuring environmental conservation, land use regulation, and mining activities in Delhi, Haryana, Rajasthan, and Gujarat.

LGD11 SC-APOLLO HOSPITAL (RPT) (5.52)

Indraprastha Apollo Hospital attended only 9-10 percent EWS OPD patients in 5 yrs: Delhi govt to SC New Delhi: The Delhi government on Wednesday told the Supreme Court that Indraprastha Apollo Hospital attended only 9-10 per cent outpatients and 7-9 per cent inpatients belonging to economically weaker sections (EWS) in the past five years in contravention to its lease agreement.

FOREIGN FGN38 LD PM-BHUTAN (5.05 PM)

India reaffirms unwavering support to Bhutan's 13th five-year-plan Thimphu: India on Wednesday reaffirmed its "unwavering" support to Bhutan's 13th five-year-plan as Prime Minister Narendra Modi held talks with former king Jigme Singye Wangchuck and joined Bhutanese leadership to attend the Kalachakra initiation ceremony, hosted as part of the Global Peace Prayer Festival.

FGN52 PREZ-BOTSWANA-2ND LD CHEETAH (7.25 PM)

India, Botswana announce Cheetah translocation pact; Prez Murmu says 'will take good care of them' Gaborone (Botswana): India and Botswana on Wednesday formally announced to translocate eight Cheetahs from the African nation during the state visit of President Droupadi Murmu.

FGN34 US-TRUMP-LD H1B (4.23 PM)

US has to bring in talent from around the world: President Trump on H-1B visa New York: In what is seen as a U-turn, US President Donald Trump appeared to defend the H-1B visa programme to bring talent from across the world, saying a foreign investor cannot pull people off an unemployment line, who haven't worked in five years, and start making missiles. By Yoshita Singh

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