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    InCred Asset Management has Crossed ₹1,000 Crore in investments in listed healthcare companies, becoming one of India''s largest dedicated Healthcar...
    OmniCard Launches India's First Flexi Benefits Basket on UPI — Employee Benefits Beyond Just Meals
    Final US Section 301 Measures on Forced Labour: India Placed in Lower Tariff Tier at 10%
    Department of Commerce Reviews Flue-Cured Virginia (FCV) Tobacco Market Situation in Andhra Pradesh
    Ministry of Corporate Affairs’ ‘Corporate Mitra Scheme’ Awareness Webinar Successfully Organized by IICA Shillong for the youth and enterprises ...
    FM Sitharaman directs Income Tax dept to work for benefit of common people
    Crime Branch chargesheets 10 accused in separate fraud & forgery cases in Jammu
    ED chargesheets 3 founders of Gameskraft under PMLA
    IDFC FIRST Bank Q1FY27 Results: Highest Ever PAT of ₹1,075 Crore, Up 132.4% YoY
    India placed in lower 10 pc US tariff bracket; reaffirms commitment to BTA
    Ratnaveer Precision Engineering Reports 20% Revenue Growth and 21% PAT Growth in Q1 FY27
    India placed in lower tariff tier at 10 pc under US Section 301 measures on forced labour: Govt
    ED report says CMRL ex-MD cited Veena’s ties to then Kerala CM for payments
    Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman outlines 5Rs of responsive tax governance; Calls for greater tax certainty and ...
    Trump says US will investigate EU trade practices, claiming bloc unfairly fined tech giants
    World shares are mixed and oil prices fall, markets in Asia skid in sell-off of AI-related shares
    Sitharaman ask I-T officials to go after tax evaders, ensure convenience for honest taxpayers
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    Rupee recovers 20 paise to settle at 96.53 against US dollar
    Sri Lanka welcomes US tariff reduction
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    July 27, 2026
    Show AI Summary
    Healthcare portfolio management services disclose equity strategy performance, benchmark methodology, fee treatment and the absence of regulatory performance verification.
    InCred Healthcare Portfolio is identified as an investment approach/product under an Equity Strategy pursuant to a SEBI circular. Its disclosed performance is benchmarked against the BSE 500 TRI, calculated using the Time Weighted Rate of Return method prescribed by SEBI, and stated to be net of fees and expenses. Returns for shorter horizons are described as absolute returns. The performance information is expressly stated not to have been verified by SEBI, and SEBI has not certified its accuracy or adequacy.
    July 27, 2026
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    UPI-enabled flexi benefits wallets support employee-selected tax-efficient allowances with category controls, compliance monitoring and employer reporting.
    A UPI-enabled flexi benefits wallet is described as allowing employees to allocate employer-provided allowances among eligible categories and make payments through the relevant wallet at UPI-accepting merchants. Tax-efficient treatment is stated to depend on the prescribed conditions applicable to each benefit category. Merchant-category-code controls are intended to restrict expenditure to eligible purposes, while centralised allocation, transaction visibility and reporting support employer compliance. The arrangement is stated to operate through a Reserve Bank of India licensed prepaid payment instrument framework.
    July 27, 2026
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    Section 301 forced-labour measures place Indian imports in a lower tariff tier while preserving specified product exclusions.
    Section 301 forced-labour import measures impose an additional ad valorem duty on imports from India, with India placed in a lower additional-tariff tier than initially proposed. Specified exports that attract no additional duties, and goods already subject to Section 232 measures, remain outside the Section 301 additional duty. A substantial portion of Indian exports is therefore excluded, while the remaining exports are subject to the additional duty. The textile-specific mechanism has not yet been operationalised, and engagement continues in relation to that mechanism and bilateral trade agreement negotiations.
    July 27, 2026
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    FCV tobacco market stability remains under review through coordinated measures to protect growers and maintain transparent auction operations.
    FCV tobacco market stability was reviewed with emphasis on protecting growers' interests and considering long-term measures for the sector. The delegation inspected Tobacco Board auction operations, interacted with growers on prevailing market conditions, and noted the transparent and orderly conduct of auctions. The Government is monitoring developments and examining appropriate measures with the State Government, Tobacco Board and stakeholders to safeguard FCV tobacco farmers' interests.
    July 27, 2026
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    Corporate Mitra Scheme supports MSMEs through accredited professionals delivering affordable compliance, financial, taxation, accounting and governance assistance.
    The Corporate Mitra Scheme seeks to strengthen MSMEs by connecting them with accredited para-professionals providing affordable compliance and business-support services. Corporate Mitras are envisaged to assist with regulatory compliance, finance, taxation, accounting and governance, allowing enterprises to focus on growth. The scheme also trains young graduates in industry-relevant skills and creates employment opportunities. IICA Shillong serves as the nodal agency for coordination, stakeholder liaison, promotion and awareness in the North Eastern Region.
    July 26, 2026
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    Tax administration must deliver timely lawful service, protect public assets, and uphold integrity in tax collection.
    Tax administration should assist common citizens by handling matters within departmental authority without unnecessary delay, while remaining within applicable rules. Government departments should protect public land from illegal occupation and expedite lawful land transfers, permissions, construction arrangements and procurement for departmental premises and accommodation. Integrity is the essential principle for officials performing tax-collection functions.
    July 26, 2026
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    Investment fraud and forged residence certificates prompted chargesheets over alleged misappropriation, fabricated revenue records, land purchases and employment access.
    Criminal chargesheets concerned alleged investment fraud through false promises of high returns and alleged misappropriation of investor funds, involving a company stated to be unregistered with SEBI, RBI and the relevant Registrar of Companies. A separate chargesheet concerned alleged conspiracy to procure permanent resident certificates using forged revenue records, with the certificates allegedly used for land purchases and government employment. Forensic examination reportedly found that the relevant revenue documents were not genuine according to official records.
    July 25, 2026
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    Money-laundering allegations in online rummy gaming prompt prosecution proceedings and asset attachment over suspected cheating of users.
    Money-laundering proceedings concerning online real-money rummy operations include a prosecution complaint against Gameskraft Technologies, RummyTime Technologies, founder-directors and associated persons. The allegations concern proceeds of crime said to arise from cheating users through rummy applications and from an addictive environment encouraging repeated wagering. The proceedings also involve provisional attachment, seizure and freezing of financial holdings, equity interests and immovable properties alleged to be connected with suspected proceeds of crime. The founder-directors' arrests were declared invalid by the Karnataka High Court, while the investigating agency proposes to challenge that order.
    July 25, 2026
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    Banking financial performance reflected loan and deposit growth, improved asset quality, stronger margins and prudent contingency provisioning.
    Quarterly financial performance reflected growth in customer business, loans and deposits, expansion in lending portfolios, an improved CASA ratio and lower cost of funds. Asset quality improved through reductions in gross and net non-performing assets, while profitability indicators improved in relation to net interest margin, cost efficiency, provisions, net profit and return on assets. The bank received credit-guarantee claims for its microfinance portfolio and created a contingency provision for macroeconomic and geopolitical uncertainty. Capital adequacy and common equity tier-one ratios were also reported.
    July 25, 2026
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    Forced-labour import tariffs place Indian goods under an additional duty while exemptions preserve access for specified exports.
    A 10 per cent Section 301 additional import duty applies to specified Indian goods over and above ordinary most-favoured-nation duty, following a forced-labour-related investigation. Generic pharmaceuticals, smartphones, other specified products, and goods already subject to Section 232 sectoral duties remain outside the additional levy. The textile-specific mechanism has not yet been operationalised for India, while tariff-rate quota concessions using US-origin cotton and fibre were announced for certain other economies. India continues engagement on a bilateral trade agreement and tariff access for garments using American inputs.
    July 25, 2026
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    Copper Clad Laminate expansion advances through policy and rights-issue approvals, supporting domestic electronics manufacturing and strategic growth initiatives.
    The company reported progress on a proposed Copper Clad Laminate manufacturing project, including in-principle approval under the Gujarat Electronics Policy and substantial project completion. The facility is intended to support domestic electronics manufacturing and reduce import dependence. It also reported upgraded credit ratings, enhanced rated bank facilities, and stock-exchange in-principle approvals for a proposed rights issue supporting expansion and strategic growth initiatives.
    July 25, 2026
    Show AI Summary
    US forced-labour tariffs place India in a lower tier while preserving exclusions for specified imports and Section 232 products.
    US Section 301 forced-labour measures impose an additional 10 per cent tariff on imports from India, with India placed in a lower tariff tier than initially proposed. Generic pharmaceuticals, smartphones and certain specified products outside additional duties remain excluded, as do products already covered by Section 232 measures, including steel, aluminium and auto parts. The textile-specific mechanism has not yet been established or operationalised, and engagement continues in connection with bilateral trade agreement negotiations.
    July 25, 2026
    Show AI Summary
    Money-laundering investigation examines alleged fictitious expenses, circular vendor payments, and consultancy payments without services or deliverables.
    A money-laundering investigation alleges misappropriation through fictitious expense entries, unsupported vouchers, and inflated vendor invoices used to withdraw funds in cash. The Enforcement Directorate further alleges that payments described as software or IT consultancy expenses were made to Exalogic Solutions Pvt Ltd and Veena T without services or deliverables. The report cites statements concerning the alleged sham payments, Exalogic's dependence on company funds, and subsequent transfers from its account. The PMLA case is based on a prosecution complaint concerning suspected financial irregularities.
    July 25, 2026
    Show AI Summary
    Tax certainty and taxpayer-centric administration drive simplified compliance, reduced litigation, digital service delivery, and stronger voluntary tax compliance.
    Tax administration reform under the Income-tax Act, 2025, rules and forms is directed toward a simpler, transparent and taxpayer-centric system. Key priorities include reducing compliance costs and litigation through tax certainty, faster return processing, refunds, grievance redressal, voluntary compliance and timely appeal disposal. Digital initiatives, including PAN 2.0, ITBA 2.0, IEC 3.0, Kar Saathi and SAKSHAM NUDGE, are intended to simplify compliance and improve taxpayer experience. Capacity building in technology, international taxation, transfer pricing, digital assets and cybersecurity supports this reform agenda.
    July 24, 2026
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    Trade Practice Investigation: Tech-company antitrust fines prompt proposed tariffs and trade sanctions under federal trade law mechanisms.
    A formal investigation into alleged unfair trade practices has been announced in response to European regulatory fines imposed on major United States technology companies. The stated concern is that digital antitrust penalties are unfairly directed at United States businesses, with possible tariffs on European Union imports indicated. The proposed response is linked to Section 301 of the Trade Act of 1974, permitting import taxes and other sanctions against unjustifiable, unreasonable or discriminatory trade practices.
    July 24, 2026
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    Import tariffs and energy costs heighten inflation risks, pressuring consumers, corporate profits and monetary-policy expectations amid market volatility.
    Fresh tariffs on imports, rising energy prices and Middle East conflict are identified as concurrent pressures on global financial markets. The tariff measures apply to nearly all imports into the United States and are paid by importing companies, which typically pass the additional costs to consumers. Higher energy costs and tariffs may increase inflationary pressure, reduce household discretionary spending and affect corporate profitability, while influencing monetary-policy expectations. Investors also questioned whether substantial artificial-intelligence investment can support technology-sector valuations.
    July 24, 2026
    Show AI Summary
    Responsive tax governance promotes taxpayer convenience, correction of bona fide errors, tax certainty, prompt refunds and prevention of avoidable litigation.
    Responsive tax governance requires convenience for honest taxpayers, correction of bona fide errors and firm consequences for deliberate tax evasion. The Income Tax Act, 2025 is intended to simplify the legal framework, reduce uncertainty and lower compliance costs, supported by stronger electronic filing infrastructure and prompt refund processing. Tax certainty should promote voluntary compliance and shift the focus from litigation management to litigation prevention through consistent guidance, simplified procedures, technology, standardised processes, effective grievance resolution and reduction of recurring taxpayer difficulties.
    July 24, 2026
    Show AI Summary
    Examination integrity safeguards prompt monitoring, enforcement action and proposed stricter penalties for paper leaks and institutional failures.
    Examination integrity measures include reported termination of agency officials, contemplated legal and criminal action, proposed stricter punishment for paper leaks, and Supreme Court monitoring of preventive steps. The Supreme Court also prohibited unauthorised posting or uploading of audio-video court proceedings on social media and digital platforms without prior administrative permission. The updates further address taxpayer facilitation alongside firm action against evasion, trade measures connected with forced-labour concerns, and potential legal action concerning university communications to students.
    July 24, 2026
    Show AI Summary
    Foreign exchange market stabilisation supported rupee recovery as investor outflows, geopolitical tensions and elevated crude prices maintained currency pressure.
    Foreign exchange market conditions saw the rupee recover against the US dollar amid reports of Reserve Bank of India intervention and dollar sales by public-sector banks to limit further depreciation. Foreign institutional investor outflows, weak domestic equity sentiment, geopolitical tensions, and elevated crude oil prices continued to pressure the currency. A decline in crude prices, diplomatic engagement, and central-bank intervention were identified as potential stabilising factors.
    July 24, 2026
    Show AI Summary
    Forced-labour import prohibition enabled lower tariff treatment for Sri Lankan goods, supporting export competitiveness and responsible trade practices.
    Tariff treatment for Sri Lankan goods entering the United States was reduced after Sri Lanka prohibited imports of goods produced using forced labour. The prohibition placed Sri Lanka within the lower tariff category under the stated US framework. The reduction is described as supporting exporter competitiveness while reflecting commitments to fair trade, responsible business practices, internationally accepted labour standards, and sustainable economic reforms.

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      HIGHLIGHTS

      December 8, 2025

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      New Delhi, Dec 8 (PTI) Following are the top stories at 9.20 pm: NATION PAR70 PAR-LDALL VANDE MATARAM (9.12 PM)

      Vande Mataram debate in LS: Nehru "betrayed" national song: PM Modi; Bengal polls a factor, says Priyanka New Delhi: Prime Minister Narendra Modi on Monday tore into the Congress alleging that the country’s first prime minister Jawaharlal Nehru “betrayed” Vande Mataram by bowing to Muhammad Ali Jinnah’s opposition to the national song that led to it being fragmented and pandering to his “communal concerns” putting India on the path of appeasement politics.

      DEL54 LS-VANDE LD PRIYANKA (7.33 PM)

      BJP committing 'big sin' by creating controversy on Vande Mataram, eyeing WB polls: Priyanka Gandhi New Delhi: In a measured but scathing attack, Congress MP Priyanka Gandhi Vadra on Monday accused the BJP of committing a "big sin" by creating a controversy over Vande Mataram and claimed that the government pushed for a debate on the national song as the West Bengal assembly polls were approaching.

      DEL69 AVI-LDALL INDIGO (8.30 PM)

      Govt to take strict action against IndiGo to 'set example'; airline adds flights after disruptions New Delhi/Mumbai: The government plans to take strict action against IndiGo to "set an example" for airlines that violate regulations, the Civil Aviation Minister said on Monday, as the country's largest carrier added more flights as its operations limp back to normalcy following a week of widespread flight cancellations.

      DEL32 AVI-INDIGO-METRO AIRPORTS (5.07 PM)

      IndiGo cancels 562 flights from 6 metro airports; 150 at Bengaluru alone Mumbai: Rahul Bhatia-controlled domestic carrier IndiGo on Monday cancelled 562 flights from six metro airports, with 150 cancellations originating from Bengaluru airport alone, according to sources.

      BOM31 GA-NIGHTCLUB-FIRE-OWNERS-POLICE (8.52 PM)

      Goanightclub fire: Owners Saurabh and Gaurav Luthra fled to Phuket after tragedy, say police Panaji, Dec 8 (PTI) Saurabh Luthra and Gaurav Luthra, the main accused and owners of the Goa nightclub where a massive blaze claimed 25 lives, fled to Phuket hours after the tragedy, Goa Police said on Monday.

      PAR58 RS-PAN MASALA-CESS-DEBATE (7.24 PM)

      'Against federalism': Opposition against Bill to levy cess on pan masala units New Delhi: Opposition members on Monday opposed the Health Security se National Security Cess Bill in the Rajya Sabha, saying it is against the spirit of cooperative federalism and will deprive state governments of funds to maintain health infrastructure.

      DEL55 INDIA-CHINA-LD AIRTRAVEL (7.34 PM)

      Exercise discretion while travelling through China: India to its nationals New Delhi: India on Monday advised its nationals to be careful while travelling to or transiting through China, more than two weeks after a woman from Arunachal Pradesh was allegedly harassed at the Shanghai airport.

      MDS17 KL-2NDLD DILEEP (7.26 PM)

      Kerala court acquits actor Dileep, convicts six in 2017 actress sexual assault case Kochi: A Kerala court on Monday acquitted Malayalam cinema star Dileep in the sensational 2017 actress sexual assault case, in which six people, including the main accused charged with committing the crime, were pronounced guilty.

      DEL60 DEF-NAVY-OP SAGAR BANDHU (7.56 PM)

      Operation Sagar Bandhu: Navy deploys INS Gharial, three LCUs to render aid to Sri Lanka New Delhi: The Indian Navy has deployed INS Gharial and three other vessels as part of the ongoing Operation Sagar Bandhu for offering humanitarian assistance and relief to the cyclone-affected regions of Sri Lanka, officials said on Monday.

      LEGAL LGD29 LD INDIGO-FLIGHTS-PLEAS (7.31 PM) IndiGo crisis 'serious matter', says SC, Delhi HC agrees to hear plea on Dec 10 New Delhi: Woes of flyers hit by mass flight cancellations by IndiGo found a compassionate ear in the Delhi High Court, which agreed to hear one of the pleas on December 10, while the Supreme Court termed the consequent chaos a "serious matter", but stopped short of intervening.

      .

      LGD21 SC-BAR COUNCILS-WOMEN (6.17 PM)

      SC orders 30 pc seats for women advocates in state Bar councils New Delhi: The Supreme Court on Monday directed that 30 per cent seats in state Bar councils, where the election process has not been set in motion, be kept for women advocates.

      LGD20 SC-LD SIDDARAMAIAH (5.29 PM)

      SC notice to Karnataka CM on plea challenging his election from Varuna seat in 2023 New Delhi: The Supreme Court on Monday sought a response from Karnataka Chief Minister Siddaramaiah on a plea challenging his election from the Varuna assembly constituency in the 2023 state elections.

      LGD19 SC-ASSAM PROF-ONLINE POSTS (5.10 PM)

      SC grants bail to Assam prof in anti-India post case, bars reinstatement citing molestation charges New Delhi: The Supreme Court on Monday granted bail to a former professor at an Assam college, arrested for making an anti-India post on social media but advised that the relief granted to him should not lead to his reinstatement.

      BUSINESS DEL44 BIZ-INDIA-US-TRADE PACT (6.12 PM)

      US, India to hold trade talks on Dec 10-11 New Delhi: A delegation led by Deputy US Trade Representative (USTR) Rick Switzer will meet his Indian counterpart Rajesh Agarwal on the proposed bilateral trade agreement here this week, official sources said.

      DEL33 BIZ-INDIGO-MOODYS (5.17 PM)

      Flight cancellations credit negative, to hit IndiGo financially, says Moody's New Delhi: The widespread disruptions in IndiGo flights, resulting from the airline's failure to plan for aviation regulations communicated to industry more than a year in advance, could result in financial damage from loss of revenue as well as potential penalties for cancellations, Moody's Ratings said on Monday.

      DEL51 BIZ-INTEL-TATA (7.26 PM)

      Intel signs pact with Tata to make, assemble semiconductors in India New Delhi: US-based chip maker Intel has signed an agreement with Tata Group to manufacture and assemble semiconductors in India for the local market, the Indian conglomerate said on Monday.

      FOREIGN FGN19 RUSSIA-INDIA-OIL (5.51 PM)

      India free to buy oil from sources it considers beneficial: Kremlin Moscow: India, a sovereign nation, is free to buy oil from sources it considers beneficial, the Kremlin said on Monday, while expressing confidence that New Delhi will stick to the policy of ensuring its economic interests. By Vinay Shukla

      FES42 RUSSIA-WINE BEVERAGE (8.27 PM)

      Russia's Abrau-Durso Group plans to produce wine beberages in India Moscow: Abrau-Durso Group, a leading sparkling wine producer in Russia, intends to collaborate with India's IndoBevs and initially localise production of its wine beverages in India. By Vinay Shukla

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