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August 28, 2026
Show AI Summary
IPO regulatory approval enables Jio Platforms to advance preparations for its proposed fresh equity share public offering.
Jio Platforms Ltd. has obtained Sebi's final observations for its proposed initial public offering. This key regulatory stage enables further preparations for the public issue, subject to applicable regulatory requirements. The proposed offering comprises up to 27 crore fresh equity shares and is expected to account for approximately 2.9 per cent of the company's post-issue equity base.
August 28, 2026
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Financial inclusion through basic bank accounts expands banking access with no-balance accounts, debit cards, and emergency overdraft support.
Pradhan Mantri Jan Dhan Yojana enables unbanked adults to open basic bank accounts without minimum-balance or maintenance-charge requirements. Accounts include a free RuPay debit card with accident insurance coverage and eligibility for an overdraft facility during emergencies. The scheme promotes digital transactions, financial security and participation in the formal economy, while extending banking access to rural and semi-urban communities and increasing women's financial inclusion.
August 28, 2026
Show AI Summary
Flexible personal loan repayment enables eligible borrowers to select longer tenures, subject to eligibility, terms, verification, and repayment capacity.
Bajaj Finance personal loans offer eligible customers collateral-free borrowing with flexible repayment tenures of 12 to 108 months, subject to eligibility, applicable terms, verification and documentation. A longer tenure may reduce monthly EMIs by spreading repayment over more months, but can increase total interest payable. Borrowers should compare the interest rate, tenure, EMI, processing charges and other costs, while considering their income, existing commitments and repayment capacity. Loan Utsav 2026 provides limited-period rewards for eligible customers whose loans are successfully disbursed during the campaign period, subject to applicable terms.
August 28, 2026
Show AI Summary
Digital arrest money laundering investigation tracks cyber-fraud proceeds through layered bank accounts, cash withdrawals, and foreign-exchange conversion.
Arrests under the Prevention of Money Laundering Act form part of an investigation into alleged digital arrest cyber fraud and laundering of fraud proceeds. Funds were reportedly routed through numerous bank accounts, withdrawn in cash, and converted into foreign currency through licensed money changers. The financial trail is linked to commodity trading, travel and foreign-exchange entities allegedly connected with cyber-fraud complaints and first information reports. The inquiry also identified alleged shell or dummy companies using proxy directors to conceal control and facilitate fund movement.
August 28, 2026
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Foreign exchange intervention and lower crude prices supported rupee appreciation despite a stronger dollar and foreign institutional investor outflows.
Foreign exchange market conditions supported a six-paise appreciation of the rupee against the US dollar at the close of trading. Lower global crude oil prices and Reserve Bank of India intervention to limit significant rupee depreciation contributed to the movement. A marginal strengthening of the US dollar and foreign institutional investor equity outflows continued to exert pressure, while FCNR(B) scheme inflows supported the currency.
August 28, 2026
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Cyber fraud impersonating enforcement officials coerced a senior citizen into bank and cryptocurrency transfers through terror-funding threats.
Cyber fraudsters allegedly impersonated public officials and threatened a senior citizen with implication in money laundering, terror funding and cybercrime. Using WhatsApp video calls and purported official notices, they allegedly induced the victim to transfer funds to multiple bank accounts and a cryptocurrency wallet on the pretext of proving innocence. The victim reportedly liquidated fixed deposits and mutual fund investments before identifying the deception and reporting it through the cybercrime helpline. A cyber police case was registered for further investigation.
August 28, 2026
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Rupee depreciation against US dollar reflects foreign investor outflows and crude supply disruptions, moderated by weaker dollar and oil prices.
Foreign institutional investor outflows and disruptions in global crude oil supplies placed downward pressure on the rupee against the US dollar. A weaker dollar index and lower Brent crude prices moderated the decline. Market commentary anticipated a narrow trading range, with expected Reserve Bank of India protection at the upper end and oil importer, month-end, and importer demand supporting the lower end. Participants also monitored the US Federal Reserve Chair's Jackson Hole speech.
August 27, 2026
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Emergency flood response measures coordinate rescues, suspend cross-border transport, and address risks to public safety.
Severe flash floods in Nepal and along the Nepal-Tibet border prompted cross-border rescue coordination for missing and stranded persons, warnings of continued downstream flood risk, and international relief support. Preventive public-safety measures included temporary suspension of an Indo-Nepal bus service. Separate developments included disruption of public services during an employee strike, investigation of an aircraft crash, market measures affecting sugar and onion prices, and proposed trade engagement for greater market access for basmati rice and processed food exports.
August 27, 2026
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Regulatory review of fraud allegations requires timely consideration of representations while merits and standing remain undecided.
SEBI must consider and decide, within two weeks, representations alleging fraud by an Indian logistics company and its subsidiary. The allegations concern systematic over-invoicing of freight charges and forged documentation, with a parallel criminal investigation based on an FIR registered by the Delhi Police Economic Offences Wing. No determination has been made on the merits of the allegations or the complainant's standing to approach SEBI. The allegations and criminal proceedings were disclosed in IPO offer documents.
August 27, 2026
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Personal insolvency repayment plans test creditor voting thresholds, valuation safeguards, and limits on commercial review under insolvency law.
Personal insolvency resolution under the Insolvency and Bankruptcy Code involved approval of a repayment plan providing for payment of Rs 6.25 crore to creditors and Rs 25 lakh towards process costs against admitted creditor claims of about Rs 22,006.57 crore. Objections by dissenting creditors were rejected because they held less than 20 per cent of voting share, while the plan received 80.81 per cent support. Valuation indicated that the personal estate was worth less than the amount offered, and the tribunal declined to replace creditor commercial wisdom or assess settlement adequacy.
August 27, 2026
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Sovereign credit rating stability reflects policy continuity, infrastructure investment, external strength, and fiscal consolidation pressures.
India's sovereign credit rating retained a BBB stable outlook, supported by strong growth, an external balance sheet, stable institutions, policy predictability, and infrastructure investment. Public investment and consumer demand are expected to sustain growth and assist fiscal consolidation. Constraints include weak fiscal performance, elevated government debt and interest burdens, and low per-capita income. Long-term rating support depends on financing infrastructure investment without materially widening the current-account deficit and on reducing the fiscal deficit through stable fiscal and monetary policies.
August 27, 2026
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Sugar import liberalisation and stockholding limits seek to moderate retail prices amid constrained domestic supply and restricted exports.
Sugar price-control measures combine duty-free raw sugar imports, stockholding limits for dealers and bulk consumers, and an export prohibition to address elevated retail prices and curb hoarding. Domestic supply remains constrained by reduced sugarcane output, prior exports and diversion of sugar to ethanol. Net production is estimated below projected domestic demand, while closing stocks are expected to remain limited. Import access, inventory restrictions and export controls therefore operate as market-stabilisation mechanisms.
August 27, 2026
Show AI Summary
Money-laundering investigation into alleged homebuyer fraud led to searches and freezing of assets linked to realty promoters.
Money-laundering proceedings were initiated under the Prevention of Money Laundering Act on the basis of police FIRs alleging fraudulent inducement and non-delivery of residential plots. Searches at premises linked to real estate promoters resulted in the seizure or freezing of luxury vehicles, jewellery, bank accounts and securities. The investigation alleges that substantial upfront payments for residential plots were received, but a significant portion of promised plots remained undelivered, and certain plots were allegedly sold to third parties without consent.
August 27, 2026
Show AI Summary
Commercial card governance enables configurable credit, approvals, virtual cards and controlled supplier payments across enterprise payment workflows.
SpendFlow combines commercial card program configuration, credit management, virtual cards, spend controls, approvals, supplier payments, billing and accounting in one architecture. It supports centrally governed rules with approved corporate-level variations, enterprise hierarchy management, and virtual cards linked to entities, employees, accounts or credit facilities. Multi-tier approvals and virtual-card supplier payments support controlled business payment functions, while core banking and ERP connectivity links card activity with banking and enterprise financial workflows.
August 27, 2026
Show AI Summary
Basmati rice market access may be pursued through trade agreement review, subject to import limits and safety standards.
Market access for Indian basmati rice may be pursued through review of the Comprehensive Economic Partnership Agreement, as rice remains a sensitive sector subject to import quantity limits and duties beyond permitted quantities. Processed food exports offer further opportunities where exporters comply with Japanese quality and safety standards. Bilateral cooperation also covers investment, supply chains, technology partnerships and capital flows supporting infrastructure, manufacturing and semiconductor ecosystems.
August 27, 2026
Show AI Summary
Capital allocation discipline governs consideration of further Air India funding alongside business strategy, cash flow and investment requirements.
Further capital investment in Air India will be evaluated by Singapore Airlines' board through a disciplined capital-allocation process. Assessment will consider the group's capital requirements, Air India's business strategy, operating cash flow, investment needs for aircraft and products, and multi-hub investments intended to support long-term growth and returns. As a significant minority shareholder, Singapore Airlines supports Air India's transformation programme with Tata Sons, but no commitment to provide additional capital is indicated.
August 27, 2026
Show AI Summary
Semiconductor investment cooperation anchors expanded India-Japan industrial partnerships across technology, manufacturing, clean energy, infrastructure, and financial services.
Semiconductor and artificial-intelligence cooperation centres on a six-pillar semiconductor strategy encompassing chip design, semiconductor machinery and materials, fabrication, ATMP/OSAT, research and development, and talent development. Japanese participation is sought across semiconductor materials and equipment, power semiconductors, electronics, AI, logistics and related advanced technologies. Development of semiconductor clusters is linked to reliable power, ultra-pure water, skilled manpower and social infrastructure.
August 27, 2026
Show AI Summary
Financial inclusion through basic bank accounts enables direct welfare transfers, digital payments, insurance access and credit for excluded households.
PMJDY provides unbanked adults with basic bank accounts without minimum-balance or maintenance-charge requirements, free RuPay debit cards with accident insurance cover, and eligible overdraft support. Through the JAM framework, PMJDY accounts enable direct transfer of welfare benefits using bank accounts, Aadhaar-based biometric verification and mobile connectivity, reducing intermediary involvement and delays. The scheme emphasises rural, semi-urban, marginalised and women account holders while supporting access to insurance, pensions, savings, digital payments and credit, including MUDRA loans.
August 27, 2026
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Contract food services expansion strengthens Rassense's nationwide institutional operations through new academic partnerships and technology-led service delivery.
Rassense Pvt Ltd reports crossing a workforce of more than 5,000 employees and projects revenue exceeding INR 600 crore. Its contract food services operations serve educational institutions, corporate campuses, healthcare facilities and industrial locations. New operations at IIM Jammu, IIM Bangalore and IIT Guwahati strengthen its nationwide institutional presence. Expansion is supported by academic institution partnerships, local workforce development, operational excellence, and technology-led capabilities in food production, food waste reduction and supply-chain management.
August 27, 2026
Show AI Summary
Cyber fraud awareness promotes safe digital banking by teaching customers to verify communications, protect credentials, and report suspicious transactions.
Cyber-fraud awareness and digital banking safety were promoted through community sessions addressing phishing, impersonation, OTP and UPI fraud, QR-code scams, digital-arrest fraud, and fraudulent customer-care calls. Participants were guided to identify authentic banking communications, avoid sharing confidential credentials, verify callers and links before acting, and promptly report suspected unauthorised transactions. Customer vigilance, financial literacy, and institutional security measures were emphasised as complementary safeguards against digital financial fraud.

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December 11, 2025

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New Delhi, Dec 11 (PTI) Following are the top stories at 9 pm: NATION DEL68 PM-LD TRUMP (8.12 PM)

PM Modi speaks to President Trump New Delhi: Prime Minister Narendra Modi on Thursday held a phone conversation with US President Donald Trump that focused on enhancing economic ties at a time the two countries are eyeing to seal a trade deal.

DEL55 EC-SIR-LD EXTEND (7.07 PM)

EC extends SIR timeline in 6 states, UTs at poll officers' urge New Delhi: The Election Commission on Thursday extended the timeline for Special Intensive Revision (SIR) in six states and Union territories following requests from the chief electoral officers.

BOM42 GA-LDALL NIGHTCLUB (9.00 PM)

Nightclub fire: Luthra brothers detained in Thailand; Delhi court denies them transit anticipatory bail Panaji/New Delhi: Gaurav and Saurabh Luthra, co-owners of ‘Birch by Romeo Lane’ nightclub in North Goa where a blaze claimed 25 lives, have been detained by the authorities in Thailand, officials said on Thursday, as a Delhi court rejected their transit anticipatory bail pleas citing the duo's conduct and the gravity of the offences.

CAL54 AS-ARUNACHAL-3RD LD ACCIDENT (8.27 PM)

18 from Assam killed, 3 missing as truck falls into gorge in Arunachal Tinsukia/Itanagar (Assam): At least 18 people from Assam's Tinsukia district were killed and three others are missing as the truck carrying them fell into a deep gorge in a remote and difficult terrain in neighbouring Arunachal Pradesh, officials said on Thursday.

CAL42 MN-PRESIDENT-LD CIVIC RECEPTION (6.58 PM)

Aware of Manipur people’s pain due to violence; govt committed to strengthen harmony: Murmu Imphal: President Droupadi Murmu on Thursday said she is aware of the Manipur people’s pain because of the ethnic violence, and assured them that the government is committed to strengthen harmony and ensure security.

DEL56 CONG-SHAH-NEHRU (7.15 PM)

'Outright lie': Congress slams Amit Shah for his 'vote chori' charge against Nehru New Delhi: The Congress on Thursday rebutted Home Minister Amit Shah's "vote chori" charge against Jawaharlal Nehru, saying the claim that he was made the prime minister despite Sardar Vallabhbhai Patel being the popular choice is a "lie" and a "figment of imagination".

DEL50 RSQ-MEA-LD SCAM CENTRES (6.21 PM)

Over 6,700 Indians rescued from Cambodia, Myanmar, Lao PDR: Govt data on scam centres New Delhi: The Centre on Thursday informed the Parliament that it has taken notice of instances of dubious firms involved in fake recruitment job offers, having lured Indian nationals mostly through social media channels to South-East Asian countries, and till date over 6,700 Indians have been rescued from Cambodia, Myanmar and Lao PDR.

MDS19 ISRO-SPACEPORT-NARAYANAN (6.52 PM)

Rockets will be launched from Kulasekarapattinam in TN from 2027: ISRO chief Tirunelveli (Tamil Nadu): Rockets will be launched from Kulasekarapattinam in Tamil Nadu from 2027, ISRO chairman V Narayanan said on Thursday.

CAL52 WB-2NDLD MAMATA GITA RECITAL (8.20 PM)

Bengal is not UP, won't allow this here: Mamata on assault on food vendors at Gita recital Krishnanagar: West Bengal Chief Minister Mamata Banerjee on Thursday tore into the BJP over the assault on two food vendors at a recent Bhagavad Gita recital event in Kolkata, asserting that the state would not tolerate intimidation, communal division or attempts to dictate what people should eat.

DEL49 FUGITIVE-ACTION (6.21 PM)

DG-IG police conference decides to tackle fugitives by revoking passports, sharing info with ED New Delhi: The recent meet of all-India police chiefs in Chhattisgarh has charted out three new measures to swiftly bring fugitives to justice which includes "promptly" revoking their passport and referring eligible cases to the ED for initiating proceedings under a 2018 law that allows confiscation of all assets of the offenders. By Neelabh Srivastava

DEL65 DOPT-GRIEVANCE-CAMPAIGN (8.08 PM)

Prashasan Gaon ki Ore: Doorstep public grievance resolution drive to run nationwide from Dec 19-25 New Delhi: The Centre will launch a week-long nationwide campaign from December 19 to 25 for the redressal of public grievances and improving public service delivery, an official statement said on Thursday.

DEL71 BJP-WB-SHAHJAHAN-WITNESS (8.36 PM)

Targeted attack: BJP on road accident involving witness in Sandeshkhali case in WB New Delhi: The BJP alleged on Thursday that it was not a road accident but a "targeted attack", orchestrated by now-jailed TMC leader Sheikh Shahjahan, that injured a prime witness in a case against him and killed his son in West Bengal.

LEGAL LGD23 SC-RIGHTS (6.36 PM)

Rights of individual always subservient to nation's interest: SC New Delhi: Rights of an individual are always subservient to the nation's interest, the Supreme Court said on Thursday, emphasising that the rights guaranteed under Article 21 of the Constitution must always be protected, but in cases where the country's security or integrity is called into question, that cannot be the sole ground for granting bail.

LGD37 SC-EVICTION-LAWS (8.11 PM)

Central law on eviction of unauthorised occupants prevails over state rent laws: SC New Delhi: In a significant verdict that may help public sector undertakings (PSUs) reclaim their properties, the Supreme Court held on Thursday that the 1971 Public Premises (Eviction of Unauthorised Occupants) Act prevails over state rent control laws.

LGD39 UP-COURT-CHINESE NATIONAL (8.39 PM)

UP: Chinese national sentenced to 1 year in jail for illegally entering India from Nepal Maharajganj (UP): A local court here on Thursday sentenced a Chinese national to one year of imprisonment for illegally entering India from Nepal.

BUSINESS DEL64 BIZ-LD US TRADE-GOYAL (8.00 PM)

If US happy with India's offer, Trump administration should sign trade deal: Goyal Mumbai: The US should sign the free trade agreement with India if Washington is happy with what has been offered by New Delhi, Commerce and Industry Minister Piyush Goyal said on Thursday.

DEL63 BIZ-ICAI (7.49 PM)

ICAI clears new global networking guidelines, changes to advertising norms for CA firms New Delhi: Chartered accountants' apex body ICAI has approved new global networking guidelines as well as changes to advertising guidelines, a significant move that will help create large homegrown domestic chartered accountant firms and compete at the global level.

FOREIGN FGN52 MEXICO-INDIA-TARIFFS (8.07 PM)

Mexico's Congress approves higher tariffs on goods from India, China and non-FTA nations Washington: Mexico's Congress has approved a bill that seeks to impose higher tariffs on imports from India, China, Brazil and several other countries with which the North American nation doesn't have free trade agreements.

FGN43 UN-INDIA-LD TALIBAN (6.01 PM)

India calls for ‘pragmatic engagement’ with the Taliban: Amb Harish tells UNSC United Nations: India told the UN Security Council that it calls for a “pragmatic engagement” with the Taliban as New Delhi underlined that a focus on only punitive measures will ensure a 'business as usual' approach. By Yoshita Singh

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