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    IDFC FIRST Bank enables Direct Tax payments through UPI, cards, net banking and branches
    Sensex slumps 1,248 pts as IRDAI proposal hits financial shares; rising crude, US yields weigh
    Bajaj Finance Personal Loan Offers Rs. 40,000 to Rs. 55 Lakh with Tenures up to 108 Months
    MCA issues advisory - cautions public against high-return promises by non-compliant Nidhi Companies
    Banks likely to deploy excess liquidity over next few months amid strong credit demand: RBI Deputy Guv
    Assam Cabinet approves rules for compulsory registration of Muslim marriages
    The Indian Economy in an Ever More Volatile and Complex World - Special Address by Dr. Poonam Gupta, Deputy Governor, Reserve Bank of India at the 13t...
    Technopark software exports rise 17.3 pc to Rs 17,092 cr in FY26
    IIEST, Shibpur partners with TCS to launch state-of-the-art centre of excellence in AI
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    CCI approves acquisition of Onesto Labs Private Limited by L’Oréal India Private Limited
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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
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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
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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.
September 24, 2026
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Restricted firecracker imports concealed through misdeclaration trigger seizure and criminal investigation under customs enforcement law.
Concealment of restricted firecrackers within an import container declared as bottles and wallpaper resulted in customs seizure under the Customs Act, 1962. Firecracker imports are restricted under the Foreign Trade Policy and require valid Directorate General of Foreign Trade authorisation and a Petroleum and Explosives Safety Organisation licence under the Explosives Rules, 2008. Investigation into attempted clandestine clearance led to the arrest under the Customs Act of a key syndicate member alleged to have orchestrated the import.
September 24, 2026
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Merger-control approval permits FIHM's phased acquisition of IIFL Capital Services equity through subscription, open offer and promoter purchase.
Merger-control approval permits FIHM to acquire certain additional equity share capital of IIFL Capital Services through a preferential issue on a private-placement basis and through shares tendered in a mandatory open offer. FIHM may also buy shares from the target's promoters if its aggregate shareholding with HWIC remains below the Target Shareholding after these steps.
September 24, 2026
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Full ownership acquisition in beauty and personal care receives competition approval for skin care and hair care operations.
Competition approval covers L'Ore al India Private Limited's acquisition of the entire shareholding in Onesto Labs Private Limited. The proposed combination concerns India's beauty and personal care sector and places the Target under the Acquirer's full ownership. Both entities operate in beauty and personal care products, including skin care and hair care.
September 23, 2026
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Advance disbursement of central government pay addresses anticipated banking disruption, with subsequent adjustment against the following month's entitlements.
Advance disbursement of September 2026 salary, wages and pensions is authorised on 25 September for central government employees, industrial employees and pensioners because of the proposed bank strike. Payments constitute advance payments and must be adjusted after full monthly entitlements are determined, with any adjustment made from October salary or wages. End-of-month banking transactions should, where feasible, be processed in advance.

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the*spark forum's charcha 2025 charts pathways for resilient livelihoods and collaborative action towards Viksit Bharat @ 2047

November 19, 2025

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~ 2000 stakeholders including 200 speakers across samaaj, sarkar and bazaar convene in New Delhi to shape India's inclusive growth agenda ~ Co-hosted in partnership with 29 co-hosts including Ministry of Social Justice & Empowerment, Atal Innovation Mission (AIM), LinkedIn, Meta, DBS Foundation, Meesho, Mphasis and other sector leaders NEW DELHI, Nov. 19, 2025 /PRNewswire/ -- The sixth edition of charcha 2025 by the*spark forum concluded on Nov 14 at the India Habitat Centre, New Delhi, after three days of dialogue, ideas and partnerships at the intersection of technology, inclusion and livelihoods. India's largest collaborative convening on livelihoods, charcha brought together 2000 leaders and practitioners across government, markets, and civil society across three days to align on how India can build resilient livelihoods and inclusive prosperity for every citizen on the road to Viksit Bharat @ 2047. Expanding on the roadmap to a 'Viksit & Inclusive' India @2047', India's G20 Sherpa and FormerCEO NITI Aayog, Government of India, Shri Amitabh Kant (IAS), stated, "If we want to create an employable population, it is very critical to focus on improving health outcomes and nutrition standards as well. Additionally, if we want to grow at the rate required to transform India into a 30 trillion economy, we need to fire on all cylinders - you need to do services but you also need to do smart urbanisation, which will be a key driver of job creation in India." Adding to this, Dr. Shamika Ravi, Member, Economic Advisor to the Prime Minister, added, " There is a big gap between degree and skill. We have a lot of educated people, degree holders, but the market actually values skill. Most of the industry surveys are telling me that today, the biggest constraint to our growth is not finance, we can raise capital, but the biggest constraint to the growth of existing firms, creation of new jobs, etc. is skilled manpower." Over three days and 50+ hours of live programming, the event featured 200 speakers and 29 co-hosts including Ministry of Social Justice and Empowerment - Government of India, Meta, LinkedIn, Atal Innovation Mission - NITI Aayog, The Gates Foundation, DBS Foundation, British Asian Trust, Mphasis, Meesho, NuSocia, Magic Bus, The Bridgespan Group Magic Bus, Lend a Hand India, The/Nudge Institute and others to explore seven cross-cutting themes: Tech, Data & Impact; Agri & Rural Livelihoods; Policy & Capacity; Skills & Livelihoods; Inclusion, Empowerment & Sustainability; Capital & Philanthropy; and Social Entrepreneurship & SMEs. Highlighting his vision for charcha 2025, Jerold Pereira, Managing Director, the*spark forum, commented, "India's growth is at a stage where scale will come not from silos, but from alignment. At charcha, we are building the connective tissue between government, markets and civil society - an infrastructure of collaboration that can outlast projects and personalities. The most powerful infrastructure we can build today is the one that connects institutions: linking the intent of sarkar, the innovation of bazaar and the insight of samaaj. And charcha serves as this collaborative platform where key stakeholders across India's livelihood development ecosystem come together to share, learn, celebrate and discover scalable pathways to drive meaningful change, aligned with the government's Viksit Bharat by 2047 agenda." Talking on social justice and equitable growth, Mr. Amit Yadav (IAS), Secretary, Department of Social Justice & Empowerment, Government of India, added, "The measure of any society is how it treats its most vulnerable members. India's constitutional vision of justice, equality, liberty and fraternity, continues to guide our mission to build a just, inclusive and equitable society where every individual has equal access to opportunity and a life of dignity." Adding a market perspective, Kumaresh Pattabiraman, Country Manager and Product Head, LinkedIn India, reflected that India's growth will be defined by how well its tier-two and tier-three cities convert energy into opportunity. The promise of Viksit Bharat @ 2047, he noted, depends on building ecosystems that make skills and jobs accessible to every professional, no matter their pin code. Rukmini Banerji, CEO, Pratham Education Foundation, speaking on empowerment, said, "Desh ko badalna bahut badi baat hai, but apne gaon ko badalna is possible (Transforming the nation is a massive goal, but changing our villages is possible). We'll need mechanisms like School management committees, and mothers groups which, if activated, will lead to ownership." Throughout the convening, a powerful narrative emerged around the role of technology in inclusion. Sessions on AI and digital infrastructure examined how these tools can strengthen livelihoods rather than replace them. Leaders from Meta, NASSCOM Foundation and Atal Innovation Mission shared examples of AI-enabled social innovation, digital skilling for rural youth and emerging models of micro- and nano-entrepreneurship that combine technology and human agency. Focusing on gender inclusion and tech, Dr. Kalika Bali, Senior Principal Researcher, Microsoft Research Labs India, stated, "There is going to be disruption because of AI, I agree. But we need to ask which sectors women in India are most employed in, mostly in lower-skill jobs. These are the jobs that will be most affected by AI and high tech. One sector where women cannot be replaced is the care economy, like ASHA workers." Conversations on agriculture and rural livelihoods spotlighted regenerative farming, climate resilience and inclusive value chains as the foundations of a prosperous rural economy. Whether the focus was on gender, technology or sustainability, the message remained consistent: India's path to inclusion will depend on the ability of governments to enable, markets to innovate and civil society to bridge last-mile inequities. Since its inception in 2020, charcha has grown into one of India's foremost platforms for development dialogue, engaging more than a thousand leaders, fifteen thousand stakeholders and reaching over one and a half million people. The 2025 edition deepened this legacy by focusing on livelihoods resilience, technology for inclusion and partnerships that can translate India's demographic potential into equitable economic growth. About the*spark forum the*spark forum is India's leading platform for dialogue and collaboration on livelihoods, curating cross-sector convenings that inspire ideas, partnerships and action toward a poverty-free India. Media Contact Preyashi Roy [email protected] +91-9167368602 Photo: https://mma.prnewswire.com/media/2827092/charcha_2025_event.jpg' alt='Embedded Media' /> Logo: https://mma.prnewswire.com/media/2814151/charcha_by_the_spark_forum_Logo.jpg' alt='Embedded Media' /> (Disclaimer: The above press release comes to you under an arrangement with PRNewswire and PTI takes no editorial responsibility for the same.). PTI

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