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    ILCI® Hosts Grand Image Fiesta Season 4 in New Delhi, Honours 17 Achievers and Brings Global Dignitaries & Indusry Leaders Together
    DRI seizes over 845 kg contraband drugs at various locations in intensified crackdown on drug trafficking;
    Appeal to Employees of Public Sector Banks and Regional Rural Banks for Ensuring Uninterrupted Banking Services.
    Central Bureau of Narcotics and Brahma Kumaris sign MoU to strengthen preventive drug awareness, youth empowerment and community outreach.
    PROVISIONAL ESTIMATES OF INDEX OF CORE INDUSTRIES FOR THE MONTH OF AUGUST 2026, AND FINAL INDEX FOR THE MONTH OF JULY 2026 WITH BASE YEAR 2022-23.
    India-New Zealand FTA to Enter into Force from 20 October 2026
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    Haryana plans Rs 2,295-crore rural infra push
    IPL betting syndicate: ED arrests 'principal bookie' in Guwahati money-laundering case
    ED chargesheets EaseMyTrip promoter Nishant Pitti in Mahadev betting app case
    “Sources and Methods for Compilation of National Accounts Statistics”
    Nearly 5 lakh Nagaland voters to receive notices over SIR mapping discrepancies
    India, Canada to hold next round of talks from Oct 5 for proposed trade pact: Goyal
    India's Semiconductor Market Projected to Grow Threefold to USD 200 billion by 2035: EY-IESA Report
    VKDL NPA Advisory Council Chairman V. K. Dubey Felicitated by Uttar Pradesh Women Commission Chairperson Babita Singh Chauhan
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September 22, 2026
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Narcotics trafficking enforcement targets concealed cross-border and domestic cannabis, cocaine, and amphetamine movement through seizures and arrests.
Enforcement under the Narcotic Drugs and Psychotropic Substances Act, 1985 targeted drug trafficking through intelligence-led interceptions of cannabis, charas/hashish, cocaine and amphetamine consignments. More than 845 kg of contraband was seized across rail, road and airport transit points, with 15 persons arrested. Operations addressed cross-border and domestic movement, including concealment in clothing, baggage, commercial cargo, consumer-product containers and textiles, and extended to a receiver and organiser linked to amphetamine trafficking.
September 22, 2026
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Five-day banking demand prompts continued dialogue as employees are urged to avoid strikes and maintain uninterrupted services.
Industrial-relations engagement addresses strike action seeking a five-day banking week and withdrawal of the Performance Linked Incentive scheme. The scheme has been kept in abeyance, while conciliation continues on the five-day workweek demand. Employees are urged to resolve issues through dialogue and maintain uninterrupted banking services. Workforce measures include revised pay scales, welfare benefits, streamlined recruitment and promotions, improved transfers, pension-related benefits, medical insurance, disability-related allowances, and early negotiations for the next Bipartite Settlement.
September 22, 2026
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Preventive Drug Awareness Partnership establishes voluntary youth education, community outreach, and wellness activities without enforcement or policing functions.
The cooperative framework supports preventive drug-awareness campaigns, youth-empowerment initiatives and community outreach programmes through value-based education, awareness of harms associated with narcotic drugs and psychotropic substances, and information on counselling, recovery and treatment avenues. Activities include seminars, workshops, exhibitions, rallies, competitions and digital awareness initiatives, with focus on educational institutions, rural communities and youth. Activities remain voluntary, educational, inclusive and non-regulatory, and participating volunteers cannot perform enforcement, investigation or policing functions.
September 22, 2026
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Core industry index growth is driven by electricity, cement, and iron ore despite contraction across coal, natural gas, and fertilizers.
The Index of Core Industries (ICI), using base year 2022-23, records a provisional overall index of 119.2 for August 2026, representing year-on-year growth of 4.8 per cent against August 2025. The July 2026 overall index has been finalised at 120.8 in place of its provisional value of 121.2, with the associated year-on-year growth revised from 5.4 per cent to 5.0 per cent. August 2026 data remain provisional.
September 22, 2026
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Tariff liberalisation under the India-New Zealand FTA grants Indian exports duty-free access while protecting sensitive agricultural products.
From 20 October 2026, the India-New Zealand Free Trade Agreement applies duty-free treatment to all tariff lines covering Indian exports to New Zealand, while preserving exclusions for sensitive Indian agricultural products. Market access for New Zealand apples, kiwifruit, and Manuka honey remains subject to tariff rate quotas, minimum import prices, seasonal windows, and safeguards. Services commitments, mobility routes, investment facilitation, agricultural cooperation, and recognition of specified international inspection approvals form further components.
September 21, 2026
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Airport smuggling enforcement targets concealed ganja and gold, leading to passenger interceptions and arrests under customs law.
Customs enforcement at Bengaluru airport involved interception and arrest of passengers allegedly attempting to smuggle hydroponic ganja and gold by concealing the goods in cabin baggage, other baggage, undergarments, or on the body. Cases involved arrivals from Vietnam, Bangkok, Kuala Lumpur, and Abu Dhabi. The Abu Dhabi gold-ornament case involved an arrest under the Customs Act.
September 21, 2026
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Rules of origin prevent third-country transshipment from receiving preferential tariffs under bilateral trade arrangements between partner economies.
India-New Zealand free trade preferences apply only to goods satisfying Rules of Origin. Third-country goods routed through New Zealand cannot receive preferential Indian tariff treatment, as bilateral cumulation is confined to originating materials and goods of India and New Zealand. Sensitive sectors receive no duty concessions, while a bilateral safeguard mechanism addresses sudden import surges after duty elimination or reduction. Temporary Employment Entry, student mobility commitments, post-study work opportunities, and exemption from directly funded social-security contributions for temporary Indian residents form part of the services framework.
September 21, 2026
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Banking service continuity is prioritised through dialogue as employee welfare measures and wage negotiations address outstanding demands.
Banking-sector industrial relations are addressed through an appeal to bank employees to avoid strike action and pursue outstanding demands through dialogue, in order to keep banking services uninterrupted. Most union concerns are considered substantially addressed, while a remaining demand continues to be examined. The demand for withdrawal of the Performance Linked Incentive scheme had been addressed by placing that scheme in abeyance following detailed discussions. Employee welfare measures, wage revisions, and negotiations for the forthcoming Bipartite Settlement are intended to support workforce welfare and banking-sector efficiency.
September 21, 2026
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Money-laundering investigation addresses alleged use of a middleman to demand, receive, move and conceal corruption proceeds.
Money-laundering proceedings were initiated from corruption FIRs alleging that a middleman was used to demand and receive illegal gratification. Investigation concerns the alleged facilitation of receipt and movement of funds, supported by searches yielding cash seizure and freezing of financial accounts. Financial records and digital devices allegedly indicated unexplained deposits, investments, transactions involving the officer, and possible involvement of other public servants. The inquiry is tracing alleged proceeds of crime and the role of associated persons and entities.
September 21, 2026
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FCNR(B) foreign-currency deposits use a swap facility to mobilise non-resident funds without direct rupee exchange-rate risk.
RBI's special USD-INR foreign-exchange swap facility mobilised foreign-currency inflows through FCNR(B) deposits, Overseas Foreign Currency Borrowings and External Commercial Borrowings. The FCNR(B) deposit window closed on 31 August 2026 after its mobilisation objective was achieved, while the facility remained available for the other two channels until 31 December 2026. FCNR(B) collections were revised upward to approximately USD 133 billion. Such deposits are fixed-term foreign-currency deposits with principal and interest repayable in the same currency, avoiding direct rupee exchange-rate risk for non-resident depositors.
September 21, 2026
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GST bribery investigation concerns alleged illegal gratification sought to resolve quarry firm's tax and royalty proceedings.
GST-related corruption allegations concern an alleged demand for illegal gratification from a stone-quarrying firm to resolve GST and royalty proceedings. A Customs House Agent was apprehended in a trap operation while allegedly accepting the negotiated amount on behalf of a CGST Superintendent and an Additional Commissioner. Custody proceedings involved written communication of arrest grounds and intimation to relevant family members and advocates.
September 21, 2026
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Rural infrastructure financing supports irrigation, roads, water supply, warehousing and micro-irrigation through structured lending and implementation oversight.
Haryana's 2026-27 rural infrastructure financing plan comprises six proposals for irrigation, roads, drinking-water supply and warehousing, with loan assistance proposed under the Rural Infrastructure Development Fund. Infrastructure Development Assistance has been sanctioned for the India International Horticulture Market, while further micro-irrigation proposals have been recommended under the Micro Irrigation Fund. Implementation oversight emphasises faster project execution and timely drawal claims, alongside borrowing approval and prospective support for water security, groundwater recharge, efficient irrigation and treated-wastewater reuse.
September 21, 2026
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Money laundering allegations in illegal cricket betting prompted investigative custody and examination of suspected routing of betting proceeds.
Money-laundering investigation into an organised illegal cricket-betting syndicate concerns the alleged use of online platforms, encrypted messaging channels, and a principal bookie to solicit, accept, and settle bets. Betting-derived funds were allegedly routed through a partnership firm represented as non-operational, whose account recorded substantial corresponding credits and debits. Property and vehicle records, digital data, and statements under the PMLA are relied upon to allege the acquisition, possession, use, transfer, and projection of proceeds of crime as untainted property.
September 21, 2026
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Money laundering allegations concern foreign portfolio investments, alleged share-price manipulation, attachment, and proposed confiscation of betting proceeds.
PMLA proceedings name Nishant Pitti in relation to allegations that proceeds from illegal online betting were introduced into Indian equity markets as foreign portfolio investments. The allegations attribute to him a role in facilitating and layering such proceeds through pre-arranged share-price manipulation involving Easy Trip Planners Ltd. Property action includes provisional attachment of his DEMAT shares, described as proceeds of crime, and a request for confiscation.
September 21, 2026
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National accounts modernisation adopts updated data sources, revised sector methods, and proportional Denton benchmarking for improved GDP estimates.
National Accounts Statistics in the new series use base year 2022-23, replacing the 2011-12 series. The series was updated to reflect changes flowing from the new Producer Price Index and Index of Industrial Production series. Methodological modernization expands corporate and financial-sector data coverage, refines general-government treatment, and adopts direct household-sector estimation from the Annual Survey of Unincorporated Sector Enterprises and the Periodic Labour Force Survey. Private Final Consumption Expenditure adopts COICOP 2018, while Quarterly National Accounts use the Proportional Denton approach and greater Goods and Services Tax and administrative-data use.
September 21, 2026
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Electoral roll verification requires unmapped voters to establish linkage or submit prescribed documents before final enrolment.
Special Intensive Revision of Nagaland's electoral roll applies a mapping and verification process by reference to the 2005 electoral roll. Electors recorded under no-mapping or mapping-anomaly categories, including persons unable to establish linkage to an elector in the 2005 roll, are to receive notices from Electoral Registration Officers or Assistant Electoral Registration Officers. They must furnish prescribed supporting documents, calibrated to their date or year of birth, for verification. Non-registration in the 2005 roll does not itself cause automatic exclusion.
September 21, 2026
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Trade pact negotiations and Russian energy tariffs shape market-access commitments and potential import-duty exposure for exporters.
India and Canada have accelerated negotiations for a Comprehensive Economic Partnership Agreement to establish a bilateral trade framework for goods and services. A United States law concerning sanctions on Russia and Iran authorises tariffs of up to 100 per cent on imports from leading purchasers of Russian crude oil or natural gas, creating potential tariff exposure for Indian exports. The India-European Union trade pact contemplates immediate duty elimination on 90 per cent of Indian goods and phased elimination on a further three per cent over seven years, subject to ratification.
September 21, 2026
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Semiconductor ecosystem policy requires predictable regulation, integrated clusters, and coordinated support to convert domestic demand into local value creation.
Semiconductor ecosystem development in India is centred on converting expanding domestic demand into local manufacturing, innovation and supply-chain resilience. A predictable fiscal and regulatory environment, alignment of central and state semiconductor policies, integrated manufacturing clusters and talent-certification programmes are important to project viability and commercialisation. Advanced packaging, compound semiconductors, photonics and chip-to-system integration offer high-potential areas, requiring policy certainty, streamlined approvals and long-term support for research, talent and supplier development.
September 21, 2026
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Legal and NPA advisory services receive recognition for social welfare, women's employment, legal awareness, and financial dispute-resolution work.
Felicitation of Advocate V. K. Dubey recognised his stated work in women's employment, public welfare, banking, NPA resolution, legal awareness, and social service. His profile encompasses civil, criminal, non-performing asset, banking, corporate, and settlement matters; leadership of bodies engaged in financial-dispute resolution; and legal assistance and public awareness intended to improve access to justice for marginalised persons. Associated initiatives include education and support for disadvantaged communities and wider social empowerment.

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House passes bill to end historic government shutdown, sending measure to Trump

November 13, 2025

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Washington, Nov 13 (AP) The House passed a bill Wednesday to end the nation's longest government shutdown, sending the measure to President Donald Trump for his signature after a historic 43-day funding lapse that saw federal workers go without multiple paychecks, travelers stranded at airports and people lining up at food banks to get a meal for their families.

House lawmakers made their long-awaited return to the nation's capital this week after nearly eight weeks away, with Republicans using their slight majority to get the bill over the finish line by a vote of 222-209. The Senate has already passed the measure. Trump has called the bill a “very big victory." Democrats wanted to extend an enhanced tax credit expiring at the end of the year that lowers the cost of health coverage obtained through Affordable Care Act marketplaces. They refused to go along with a short-term spending bill that did not include that priority. But Republicans said that was a separate policy fight to be held at another time. They eventually prevailed, but only after the shutdown took an increasing toll on the country.

“We told you 43 days ago from bitter experience that government shutdowns don't work,” said Rep. Tom Cole, the Republican chairman of the House Appropriations Committee. "They never achieve the objective that you announce. And guess what? You haven't achieved that objective yet, and you're not going to.” The shutdown magnified the stark partisan divisions within Congress, and that split screen was reflected when lawmakers debated the measure on the House floor.

Republicans said Democrats sought to use the pain generated by the shutdown to prevail in a policy dispute.

“Stop imposing the suffering,” House Majority Leader Steve Scalise, R-La., said. “Let's open the government. Let's get back to the work of the American people.” Democrats said Republicans raced to pass tax breaks earlier this year that they say mostly will benefit the wealthy, but the bill before the House Wednesday “leaves families twisting in the wind with zero guarantee there will ever, ever be a vote to extend tax credits to help everyday people pay for their health care,” said Rep. Jim McGovern, D-Mass.

Democratic leader Hakeem Jeffries said Democrats would not give up even if the vote did not go their way.

“This fight is not over,” Jeffries said. “We're just getting started.” The House had not been in legislative session since Sept. 19, when it passed a short-term measure to keep the government open when the new budget year began in October. House Speaker Mike Johnson sent lawmakers home after that vote and put the onus on the Senate to act, saying House Republicans had done their job.

Johnson said the Democratic opposition to the spending bill was pointless, adding “it was wrong, it was cruel.” “They knew it would cause pain and they did it anyway,” Johnson said.

The compromise to end the shutdown The legislation included buy-in from eight senators who broke ranks with the Democrats after reaching the conclusion that Republicans would not bend on using a government funding to bill to extend the health care tax credits. Meanwhile, the shutdown's toll was growing by the day.

The compromise funds three annual spending bills and extends the rest of government funding through Jan. 30. Republicans promised to hold a vote by mid-December to extend the health care subsidies, but there is no guarantee of success.

“We had reached a point where I think a number of us believed that the shutdown had been very effective in raising the concern about health care,” said Sen. Jeanne Shaheen, D-N.H. The promise for a future vote “gives us an opportunity to continue to address that going forward." The legislation includes a reversal of the firing of federal workers by the Trump administration since the shutdown began. It also protects federal workers against further layoffs through January and guarantees they are paid once the shutdown is over. The bill for the Agriculture Department means people who rely on key food assistance programs will see those benefits funded without threat of interruption through the rest of the budget year.

The package includes $203.5 million to boost security for lawmakers and an additional $28 million for the security of Supreme Court justices.

Democrats are also seizing on language that would give senators the opportunity to sue when a federal agency or employee searches their electronic records without notifying them, allowing for up to $500,000 in potential damages for each violation. Democrats called for removal of the provision.

The language seems aimed at helping Republican senators pursue damages if their phone records were analyzed by the FBI as part of an investigation into Trump's efforts to overturn his 2020 election loss to Democrat Joe Biden. The provisions drew criticism from Republicans as well. Rep. Austin Scott, R-Ga., said he's already introduced repeal legislation that he hoped would be voted on quickly.

The biggest point of contention, though, was the fate of the expiring enhanced tax credit that makes health insurance more affordable through Affordable Care Act marketplaces.

“It's a subsidy on top of a subsidy. Our friends added it during COVID,” Cole said. “COVID is over. They set a date certain that the subsidies would run out. They chose the date." Rep. Nancy Pelosi, D-Calif., said the enhanced tax credit was designed to give more people access to health care, but no Republicans voted for it.

“All they have done is try to eliminate access to health care in our country. The country is catching on to them,” Pelosi said.

Most Democrats call the passage of the spending bill this week a mistake. Senate Democratic leader Chuck Schumer of New York, who received blowback from his party in March when he voted to keep the government open, said the bill "fails to do anything of substance to fix America's healthcare crisis.” Without the enhanced tax credit, premiums on average will more than double for millions of Americans. More than 2 million people would lose health insurance coverage altogether next year, the Congressional Budget Office projected.

Independent Sen. Bernie Sanders of Vermont, who caucuses with the Democrats, said giving up the fight was a “horrific mistake.” Sen. Chris Murphy, D-Conn., agreed, saying that voters who overwhelmingly supported Democrats in last week's elections were urging them to “hold firm.” Health care debate ahead It's unclear whether the parties will find any common ground on health care before the December vote in the Senate. Johnson has said he will not commit to bringing it up in his chamber.

Some Republicans have said they are open to extending the COVID-19 pandemic-era tax credits as premiums will soar for millions of people, but they also want new limits on who can receive the subsidies. Some argue that the tax dollars for the plans should be routed through individuals rather than go directly to insurance companies.

Sen. Susan Collins, R-Maine, chair of the Senate Appropriations Committee, said Monday that she was supportive of extending the tax credits with changes, such as new income caps. Some Democrats have signaled they could be open to that idea.

House Democrats expressed great skepticism that the Senate effort would lead to a breakthrough.

Rep. Rosa DeLauro of Connecticut, the top Democrat on the House Appropriations Committee, said Republicans have wanted to repeal the health overall for the past 15 years. “That's where they're trying to go,” she said. (AP) NB NB

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