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September 1, 2026
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Windfall gains tax on petroleum exports rises for petrol and diesel while aviation turbine fuel levy is reduced.
Special additional excise duty and road and infrastructure cess on petroleum-product exports are revised with effect from 1 September 2026. The export duty on diesel is increased, the levy on aviation turbine fuel is marginally reduced, and a duty is imposed on petrol exports. Existing duty rates for petrol and diesel cleared for domestic consumption remain unchanged. The windfall-tax framework seeks to support domestic fuel availability and deter exporters from benefiting from domestic and international price differences.
September 1, 2026
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Automated Free Sale and Commerce Certificate issuance reduces manual scrutiny while preserving risk-based review for eligible exporters.
DGFT has enabled automated issuance of Free Sale and Commerce Certificates through its portal for eligible exporters of items not covered by the Drugs & Cosmetics Act, 1940. Applications satisfying prevailing framework and automated processing parameters may be issued without manual scrutiny. Applications requiring verification or not meeting those parameters may be routed for manual processing, while auto-approved applications may be flagged later for risk-based review. The mechanism seeks faster, more transparent and predictable processing while retaining necessary oversight.
September 1, 2026
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Five-day banking and equitable performance incentives drive planned nationwide bank union strike amid unresolved pension demands.
United Forum of Bank Unions has proposed nationwide strike action over delayed five-day banking, the performance-linked incentive framework, and unresolved pension demands. Five-day banking was agreed under the 12th Bipartite Settlement/9th Joint Note with extended Monday-to-Friday working hours, but remains pending for implementation. Unions challenge the incentive scheme for departing from a uniform, bank-performance-linked approach and for disproportionately benefiting senior officers. The dispute is under conciliation and pending before the Delhi High Court, while pension updation, a uniform dearness allowance formula, and an old pension scheme option remain unresolved.
September 1, 2026
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Equity market volatility intensified as higher crude prices, geopolitical tensions and tighter monetary expectations weakened domestic investor sentiment.
Indian equity markets closed marginally lower as higher crude oil prices, US-Iran tensions, and expectations of prolonged tight United States monetary policy weakened risk appetite. The phased Closing Auction Session contributed to a late recovery in the benchmark index. Rising crude prices and global bond yields triggered broad-based selling across several domestic sectors, while foreign institutional equity sales and weakness in overseas markets added to pressure despite stronger-than-expected domestic economic growth.
September 1, 2026
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GST revenue collections show higher gross and net receipts alongside increased refunds and state-level settlement data.
GST revenue collections for August 2026 recorded total gross GST revenue of Rs. 1,99,853 crore, reflecting 14.8% growth over August 2025. Total refunds were Rs. 31,795 crore, including domestic refunds and export IGST refunds processed through ICEGATE. After adjustment of refunds, total net GST revenue was Rs. 1,68,057 crore, representing 8.3% growth. SGST collections and the SGST component of IGST settlement were separately identified for States and Union Territories, with post-settlement SGST aggregating Rs. 95,531 crore.
September 1, 2026
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Trade facilitation and customs preparedness feature in AILBIEA's Silver Jubilee knowledge conference on liquid bulk commerce.
AILBIEA's Silver Jubilee programme focuses on trade facilitation, customs modernisation, GST dispute preparedness and maritime-risk issues affecting liquid bulk trade. The Knowledge Conference includes sessions on the Authorised Economic Operator advantage, next-generation customs technology, GST Appellate Tribunal-era dispute preparedness, and geopolitical risks to sea-borne trade. It also marks the launch of AGS 360, integrating port information, vessel tracking, port-call estimates and maritime intelligence.
September 1, 2026
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Personal guarantor insolvency: repayment plan stayed pending majority determination, with restraint on direct or indirect asset alienation.
Personal-guarantee insolvency proceedings involve a stay on implementation of a repayment plan because the earlier members' views did not produce a clear majority capable of taking effect. The personal guarantor has been restrained from directly or indirectly alienating assets pending further hearing. The dispute follows split views on approval of the plan, claim admission and voting, followed by a third-member opinion that did not resolve the absence of a determinative majority. Creditors dispute the proposed recovery, claim treatment and declared net worth relevant to the guarantees.
September 1, 2026
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Rupee exchange-rate movement reflects portfolio inflows, growth data and possible central-bank support, while crude oil prices constrain gains.
Foreign-exchange market conditions strengthened the rupee by 28 paise to 94.94 against the US dollar, supported by domestic growth, controlled fiscal slippage and portfolio inflows. Possible Reserve Bank of India intervention was also identified as supportive. Higher crude oil prices, weak domestic equities and hawkish US monetary-policy signals were identified as constraints on further appreciation. Foreign investment flows, stronger-than-expected domestic growth and the fiscal-deficit position remained material factors affecting currency conditions.
September 1, 2026
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Money-laundering probe into public service recruitment irregularities examines alleged question-paper leaks, selection manipulation, and laundering through purported CSR donations.
Money-laundering investigation under the Prevention of Money Laundering Act concerns alleged irregularities in Public Service Commission recruitment examinations. Allegations include question-paper leaks, manipulation of candidate selection, and illegal gratification for securing appointments of relatives and favoured candidates. Recruitment rules were allegedly amended to facilitate selection of relatives. Alleged proceeds of crime were collected in cash and routed through layered banking transactions, including through a family-controlled samiti presented as receiving corporate social responsibility donations for a non-existent college.
September 1, 2026
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Personal guarantor settlement scrutiny intensifies as asset alienation is restrained pending review of a disputed creditor repayment proposal.
A five-member special bench found that no clear majority view existed under section 419(5) of the Companies Act and stayed the third member's order that had permitted the proposed recovery. Notices were directed to all parties, and the guarantor was restrained from directly or indirectly alienating property pending further consideration. The dispute concerns approval of a personal guarantor's repayment proposal, treatment of guarantee claims, creditor voting support, assessment of the personal estate, and scrutiny of declared net worth.
September 1, 2026
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Personal insolvency proceedings restrict property alienation while notices issue to parties in the debtor's case.
A five-member special National Company Law Tribunal bench hearing Subhash Chandra's personal insolvency matter issued notices to all parties and restrained him from alienating property directly or indirectly. The restraint applies during the continuing insolvency proceedings and concerns dealings with the relevant property. The procedural measure requires the interested parties to participate in the matter.
September 1, 2026
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Aadhaar authentication alternatives enable eligible farmers with failed fingerprint verification to access loan-waiver benefits after identity verification.
Elderly farmers whose fingerprints cannot be captured for Aadhaar authentication may approach an Aaple Sarkar Seva Kendra with their Aadhaar card and bank passbook. Loan-account details are verified on the scheme portal before authentication is initiated. If authentication fails, the concerned tehsildar verifies identity using the Aadhaar card, bank passbook and 7/12 land record extract. Eligible farmers receive loan-waiver benefits directly in their bank accounts after authentication, identity verification and satisfaction of the scheme's eligibility criteria.
September 1, 2026
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GST collection growth reflected higher domestic and import revenue, while increased refunds moderated net collections during August.
GST collections recorded year-on-year growth in August, with gross receipts reaching about Rs 2 lakh crore. Domestic transaction revenue increased to over Rs 1.37 lakh crore, while import-related revenue rose to Rs 62,604 crore. Refunds increased to Rs 31,795 crore, and net GST collections stood at Rs 1.68 lakh crore after refunds.
September 1, 2026
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Personal insolvency repayment plan faces fresh hearing after a split bench prevents enforcement and restrains guarantor property transfers.
Personal insolvency proceedings were reopened before a five-member special bench after a split view on a repayment plan. As no majority view existed, including that of the third member, no final order was in force and the repayment-plan determination could not be acted upon. Notices were issued to all parties, including dissenting creditors, and the guarantor was restrained from directly or indirectly alienating property pending further consideration. Dissenting creditors also challenged the repayment-plan determination before the appellate tribunal.
September 1, 2026
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Equity market sentiment weakens as higher crude prices, geopolitical tensions and tighter monetary policy expectations curb risk appetite.
Equity-market sentiment weakened as higher crude oil prices, renewed US-Iran tensions, and expectations of prolonged tight US monetary policy reduced emerging-market risk appetite. The Sensex and Nifty declined, while domestic GDP growth above projections offered partial support. Weakness in several Asian markets, a lower US market close, and net foreign institutional equity sales reinforced cautious trading conditions.
September 1, 2026
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Money laundering investigation triggers searches linked to alleged Public Service Commission irregularities, including premises of a former chief minister's assistant.
A money-laundering investigation under the Prevention of Money Laundering Act has led to searches at seven locations in Chhattisgarh in connection with alleged irregularities at the Chhattisgarh Public Service Commission. The search operation includes the premises of K. K. Chandrakar, personal assistant to former Chief Minister Bhupesh Baghel. The investigation remains at the search and inquiry stage.
September 1, 2026
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Income-tax return filing: non-audit business and professional taxpayers use applicable forms by prescribed due dates.
August 31, 2026 was the due date for taxpayers having business or professional income who were not subject to audit. Such non-audit taxpayers may use ITR-3, ITR-4, ITR-5 or ITR-7, as applicable. ITR-3 applies to individuals and Hindu Undivided Families with proprietary business or professional income, while ITR-4 is intended for small and medium taxpayers. ITR-5 applies to firms, limited liability partnerships and cooperative societies, and ITR-7 applies to trusts and charitable institutions.
September 1, 2026
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Gold smuggling enforcement targets transit abuse, concealed carriage, and border routes through coordinated seizures and arrests nationwide.
Intelligence-led enforcement against organised gold smuggling resulted in the seizure of over 42 kg of foreign-origin gold and around 10 kg of foreign-origin silver, collectively valued at more than Rs. 65 crore, and the arrest of 25 persons. Operations targeted networks using airport transit routes, airport personnel, land-border corridors, coastal routes, and domestic road transport. Gold was concealed in wax, compound, paste, raw-chain and bar forms, including through body concealment, internally secreted capsules, clothing, and specially created cavities.
September 1, 2026
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Predictive consumption-expenditure framework will use household survey data to support poverty estimation, consumption analysis, and economic planning.
MoSPI and Thapar Institute of Engineering & Technology have entered into a memorandum of understanding for a research study to develop a predictive and analytical framework for monthly consumption expenditure in India. The study will use Household Consumption Expenditure Survey data to estimate Monthly Per Capita Consumption Expenditure at national and state levels, analyse household consumption patterns, and generate evidence relevant to poverty estimation and broader economic planning.
August 31, 2026
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Personal insolvency repayment plans: conflicting views on binding dissenting creditors prompted reconsideration through an expanded adjudicatory bench.
National Company Law Tribunal constituted a five-member bench after conflicting views on a personal insolvency repayment plan left no majority position for a formal order. The central issue is whether creditor approval of the plan binds dissenting creditors and extinguishes their claims against the personal guarantor. One view preserved dissenting creditors' independent recovery rights, while another applied the creditor-approved plan uniformly to all creditors. Disagreement also concerns the Adjudicating Authority's power to examine the resolution professional's report of the creditors' meeting.

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Corp. Laws / SEBI / IBC

Kloudfuse 3.5 Unifies AI and Traditional Observability While Achieving Federal Security Compliance

December 3, 2025

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One platform for complete visibility, control, and AI-ready operations BENGALURU, India, December 03, 2025 - As enterprises race to deploy AI applications, they're discovering that their observability infrastructure can't keep pace. Traditional monitoring tools built for cloud-native workloads don't understand LLM behavior, token consumption, or prompt-response patterns. Adding AI-specific monitoring creates new silos. Observability costs spiral unpredictably, and compliance becomes a maze of fragmented data policies across disconnected platforms. Kloudfuse today launched Kloudfuse 3.5 to solve this fragmentation. The unified observability platform introduces Model Context Protocol (MCP) integration for natural language queries, FIPS 140-2/3 validated cryptographic modules for regulated industries, and comprehensive platform engineering controls, delivering complete visibility across traditional and AI workloads without separate tools or unpredictable costs. "The observability industry created this problem by treating every new technology as a separate product," said Ashish Hanwadikar, CTO and Co-Founder of Kloudfuse. "We took the opposite approach: integrate LLM telemetry directly into APM using OpenTelemetry standards. Platform teams get the same operational control over AI workloads as traditional services. Our MCP server unifies signals across metrics, logs, traces, and events for comprehensive insights through natural language queries, one platform, one instrumentation approach, predictable costs." Since launching Kloudfuse 3.0 in November 2024, Kloudfuse has shipped over 50 major capabilities, proving that unified observability doesn't require fragmented tools, vendor lock-in, or choosing between AI capabilities and cost control. AI-Native Observability: Natural Language Queries Meet LLM Monitoring Kloudfuse 3.5 introduces natural language access to observability data through the Model Context Protocol. Instead of constructing complex queries or navigating multiple dashboards, engineers can ask questions in plain language: "Show me services with elevated error rates in the last hour," or "Which deployments caused memory spikes today?" The MCP server translates these requests into FuseQL, queries across metrics, logs, and traces, and returns comprehensive insights linking application behavior to infrastructure impact. Platform teams can leverage this for automated workflows, building agents that trigger incident responses, analyze capacity trends, or identify cost anomalies. The standards-based implementation works across LLM providers, avoiding vendor lock-in at the AI layer just as OpenTelemetry avoids it at the observability layer. Kloudfuse 3.5 also integrates LLM monitoring directly into APM.. It tracks prompt and completion tokens across providers, monitors model latency and error rates, and correlates AI requests with backend service performance, all through unified OpenTelemetry instrumentation. Teams deploying AI applications get full-stack visibility without adding separate monitoring tools or duplicate agents. Federal Security Certifications for Regulated Industries "For enterprises in regulated sectors, FIPS validation isn't optional, it's contractually required," said Pankaj Thakkar, CEO and Co-Founder of Kloudfuse. "Major observability vendors haven't pursued these certifications, leaving enterprises choosing between comprehensive monitoring and compliance requirements. Kloudfuse 3.5 eliminates that trade-off." Kloudfuse 3.5 implements FIPS 140-2/3 validated cryptographic modules across data ingestion, storage, queries, and API access. Building on FIPS validation, the platform establishes a clear FedRAMP authorization pathway with NIST 800-53 security controls and automated compliance reporting. Combined with VPC deployment, organizations retain complete data sovereignty, as observability data never leaves customer infrastructure. "At Zscaler's scale, observability must be both robust and compliant," said Kishore Thakur, Senior Director, Cloud Platform Engineering at Zscaler. "Kloudfuse handles our massive data volumes while meeting FIPS 140-2 compliance and FedRAMP pathway requirements. For enterprises with strict compliance needs, this combination of flexibility, security, and innovation is exceptional." Data Governance: Managing Access and Compliance Enterprise data governance requires more than encryption. It demands control over who accesses what data, how long it's retained, and how changes are tracked. Kloudfuse 3.5 delivers comprehensive data governance across all telemetry streams with data scrubbing that lets teams preview records before deletion, apply filters targeting specific data, and maintain audit trails for GDPR, HIPAA, and internal compliance requirements. Stream-specific RBAC and identity management implement granular access control through labels and tags. Engineering teams access only their service telemetry. Security teams query across all streams for investigations. Finance teams view cost metrics without exposure to application traces. Automatic synchronization with identity providers like Okta and Google ensures access policies stay current as teams evolve, new hires, role changes, and departures update permissions without manual intervention. Self-ingested audit logging creates queryable compliance trails using FuseQL. Teams can search configuration changes, visualize policy updates over time, and set alerts for unauthorized access attempts, turning compliance documentation into observable data. Platform Engineering: Cost Control and Operational Flexibility Observability at scale demands operational controls, not just monitoring capabilities. Kloudfuse 3.5 introduces granular rate control at the stream level, allowing platform teams to set independent ingestion limits for each telemetry type. Filters within streams ensure critical production data takes priority over verbose debug logs or development environment noise, preventing runaway ingestion costs from misconfigured services. Consumption tracking dashboards break down data volumes and costs by team, service, and environment. Organizations can implement chargeback models showing each team's observability footprint, driving accountability for data generation. Finance teams gain visibility into spending patterns, while platform teams identify optimization opportunities. For reliability, Kloudfuse 3.5 supports multiple availability configurations. Multi-zone deployments provide automatic failover with continuous operations across availability zone failures. Organizations requiring lower resource overhead can deploy disaster recovery configurations with quick manual failover, balancing availability needs against infrastructure costs. Custom Metrics SLOs enable teams to define service level objectives beyond infrastructure metrics. They can track business outcomes like transaction success rates, API quota consumption, or data processing throughput using PromQL, applying SLO discipline to metrics that matter for business operations, not just technical performance. Service accounts with bearer-token authentication support automation workflows, enabling teams to manage observability configuration through infrastructure-as-code practices. Advanced Query Capabilities for Large-Scale Data As observability data grows, query performance becomes a bottleneck. Kloudfuse 3.5 addresses this with scheduled views, precomputed aggregations that refresh at configurable intervals. Complex queries that previously required full table scans now return results instantly from materialized datasets. Automated scheduled searches run periodic analyses: security posture assessments, resource utilization trends, and SLA compliance reports, delivering insights without manual query execution. The platform expands FuseQL's analytical operators for advanced investigations. Teams can compare metrics across time windows to pinpoint deployment impacts, parse nested JSON structures without preprocessing, and enrich telemetry with reference data through lookup tables, mapping service identifiers to cost centers or correlating IP addresses with threat intelligence, at query time rather than ingestion. "The enhanced FuseQL capabilities give our teams powerful new ways to analyze trends faster," said Raghu Sethuraman, Vice President of Engineering at Automation Anywhere. "The MCP server enables our developers to interact with observability data in entirely new ways. Complete ownership through Self-SaaS deployment is what we need for the next generation of AI-powered automation." Open Standards: Avoiding Vendor Lock-In Kloudfuse's architecture relies on open standards rather than proprietary instrumentation. The platform discovers Kubernetes infrastructure topology through OpenTelemetry Events, mapping relationships between pods, nodes, and services without requiring specialized agents. Organizations already invested in OpenTelemetry instrumentation can leverage existing deployments rather than replacing them with vendor-specific collectors. The platform supports both Prometheus and OTLP histogram formats for accurate metric distributions. Cloud platform integration works through standard APIs, ingesting CloudFront performance data from AWS and Stackdriver metrics from GCP, ensuring compatibility as cloud environments evolve. GeoIP enrichment adds location context to request patterns for geographic analysis. This standards-based approach keeps telemetry pipelines portable. Organizations switching observability platforms or running multi-vendor environments can maintain consistent instrumentation without vendor dependencies dictating their monitoring architecture. Unified Observability Without Compromise Kloudfuse 3.5 solves the fragmentation challenge enterprises face with AI adoption: natural language observability through MCP, FIPS-validated security for regulated sectors, granular cost controls, and standards-based instrumentation, unified in a single platform rather than across disconnected tools. The Self-SaaS architecture deploys within customer VPCs, ensuring data never leaves customer infrastructure while delivering 60–80% cost savings compared to traditional vendors. Trusted by Zscaler, GE Healthcare, Tata 1mg, and Automation Anywhere, Kloudfuse processes millions of events per second across over 700 integrations. Kloudfuse 3.5 proves that comprehensive observability, from conversational queries to federal compliance to predictable costs, doesn't require fragmented platforms, vendor lock-in, or choosing between capability and control. Learn more: • Learn more about Kloudfuse 3.5 capabilities • Sign up for a demo • Read the technical documentation Kloudfuse will demonstrate Kloudfuse 3.5 capabilities at the Gartner IT Infrastructure, Operations & Cloud Strategies Conference in Las Vegas, Nevada, from December 9–11, 2025. Visit booth 646 to see the Model Context Protocol Server in action. About Kloudfuse Kloudfuse is a unified observability platform integrating with over 700 diverse infrastructures, cloud services, and applications. By harnessing open standards like OpenTelemetry and Prometheus, Kloudfuse eliminates vendor lock-in while providing advanced capabilities across metrics, logs, traces, events, and real user monitoring. Deployed within customer VPCs, Kloudfuse ensures scalability, cost efficiency, and enterprise security. Trusted by leading organizations like Zscaler, GE Healthcare, Tata 1mg, and Innovacer, Kloudfuse delivers observability that enterprises can operate with confidence. Learn more at www.kloudfuse.com or follow us on LinkedIn. (Disclaimer: The above press release comes to you under an arrangement with NRDPL and PTI takes no editorial responsibility for the same.). PTI

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