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    CCI approves proposed combination inter alia involving share acquisition(s) and merger of certain entities e.g. AAPC India, Triguna, Caddie, SMPL, Tec...
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    Tatkare slams ‘gungi gudiya’ jibe against Sunetra; Cong says row being exploited for political gains
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    Government Notifies Inventory-based Cross-border E-Commerce Export Framework under Foreign Trade Policy 2023
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August 6, 2026
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Competition approval for hotel-sector consolidation covers share acquisitions and merger of Accor-branded hotel entities into InterGlobe Hotels.
Competition approval was granted for related share acquisitions and the merger of AAPC India, Caddie, Triguna, Srilanand Mansions, Techpark and Accent into InterGlobe Hotels. The combination involves entities jointly controlled by the Bhatia Family Group and the Accor Group, including hotel-owning and developing entities, hotel management and franchising operations, leasing activities, and captive consultancy and support services relating to Accor-branded hotels in India.
August 5, 2026
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Rupee appreciation followed unchanged monetary policy, lower crude prices, weaker dollar and expectations of orderly exchange-rate management.
The rupee strengthened after the central bank maintained its policy rate and neutral monetary-policy stance. Lower crude oil prices, a weaker US dollar and declining US Treasury yields supported investor sentiment. Earlier measures to attract capital inflows remained part of the framework supporting the rupee, while the central bank stressed its endeavour to preserve an orderly currency trajectory. Future movement was linked to geopolitical de-escalation, global risk sentiment and US economic data.
August 5, 2026
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Fiscal consolidation through revenue mobilisation and leakage control aims to reduce deficits while expanding capital expenditure capacity.
Tamil Nadu's Revised Budget Estimates for 2026-27 project a revenue deficit and fiscal deficit, with outstanding liabilities comprising public debt and public-account liabilities. Revenue mobilisation is proposed through improved tax administration, collection efficiency, closure of leakages, liquor-manufacturer privilege fees, and eligible Union grants. The strategy projects gradual deficit reduction to create room for capital expenditure, supported by expenditure reforms aimed at eliminating leakages, optimising expenditure, and improving service delivery.
August 5, 2026
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Political criticism of public office-holders raises debate over media accountability, personal remarks, and acceptable public discourse.
Political criticism followed a social-media post describing Maharashtra Deputy Chief Minister Sunetra Pawar as "gungi gudiya" in connection with a press interaction on law-and-order issues in Beed district. Congress representatives stated that the post was not a personal insult, had been deleted after adverse reactions, and was followed by an expression of regret. NCP representatives termed the expression inappropriate and stressed that the principal dignitary should conduct media interactions. Shiv Sena (UBT) representatives described the phrase as not unparliamentary and linked it to criticism of a guardian minister's public responsibilities.
August 5, 2026
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On-tap licensing for Urban Co-operative Banks enters public consultation through draft guidelines inviting stakeholder feedback.
Draft guidelines for 'on tap' licensing of Urban Co-operative Banks have been issued for public and stakeholder consultation. Comments and feedback may be submitted until September 05, 2026, through the designated online consultation facility or by written or email submission to the specified regulatory department.
August 5, 2026
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Prohibition on indirect Pakistan-origin imports targets alleged origin misdeclaration and UAE routing used to circumvent trade restrictions.
Import prohibition on goods originating in Pakistan applies to direct and indirect imports under the Foreign Trade Policy, 2023. Pakistan-origin dry dates routed through the UAE were allegedly declared as UAE-origin goods for import, and were intercepted under the Customs Act, 1962. Investigation indicated that the goods were first sent from Pakistan to Dubai, re-containerised, and then exported to India. A separate interception involved Pakistan-origin guggul resin allegedly declared as Somali natural resin and routed through Dubai.
August 5, 2026
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Neutral monetary policy stance keeps benchmark rates unchanged while inflation risks, liquidity management and consumer-protection reforms remain under review.
Monetary policy maintains the benchmark policy rate unchanged and retains a neutral stance, with future decisions guided by incoming data. The central bank remains committed to aligning headline inflation with its medium-term target while monitoring food, fuel and other input-cost risks. Surplus liquidity will be managed through two-way operations, and the regulatory framework for interest rates on advances is proposed to be harmonised and standardised across regulated entities to improve transparency and consumer protection.
August 5, 2026
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Export-only e-commerce inventory framework enables seller exports through registered exporters while requiring traceability, timely payments and domestic-diversion controls.
The export-only inventory framework permits eligible e-commerce entities to export through a registered Exporter-on-Record, which procures goods from Indian Sellers-on-Record against confirmed overseas orders and assumes export and destination-country compliance responsibilities. Inventory must be segregated, digitally traceable and cannot be diverted to domestic sale. The framework requires timely seller payments, visibility of overseas sales and shipment information, proportional pass-through of export rebates and refunds, annual compliance certification and digital records.
August 5, 2026
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Gold smuggling enforcement targets concealed foreign-origin gold, airport control evasion, and illicit railway transport under customs law.
Gold smuggling enforcement operations under the Customs Act, 1962 involved alleged concealment and unlawful movement of foreign-origin gold. At an international airport, an alleged syndicate used an airline employee to transfer gold received from arriving passengers outside Customs and immigration controls, with gold disguised as silver-coloured bracelets. A separate railway operation concerned gold concealed in a specially made cloth waist belt and intended for delivery to a jeweller. The actions addressed concealment, evasion of Customs controls, and illicit transport of foreign-origin gold.
August 5, 2026
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Digital bank-record evidence gains a technology-neutral framework through expanded admissibility, certified authentication, and regulated production of bankers' books.
The Bankers' Books Evidence Bill, 2026, modernises the evidentiary treatment of banking records by extending "bankers' books" to physical, electronic, digital, virtual and cloud-based records. It recognises electronic bank records as admissible evidence, allows production in physical or electronic form, and provides for standardised certificates authenticated by manual, digital or electronic signatures. The Bill also defines "special cause" for compelling bank officers to produce records or testify where the bank is not a party, and permits extension to specified financial-sector entities subject to conditions.
August 5, 2026
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Closing auction price discovery and unchanged policy rates shaped volatile equity trading amid inflation and geopolitical uncertainty.
The Monetary Policy Committee retained the policy repo rate and neutral policy stance while seeking greater clarity on inflation risks from higher energy costs. Stock exchanges introduced the Closing Auction Session for eligible futures and options shares in the equity cash segment to determine closing prices through a more transparent and robust auction-based price-discovery mechanism. Equity markets showed volatile, limited gains amid geopolitical uncertainty, energy-price concerns, profit booking and the new mechanism's introduction.
August 5, 2026
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Pakistan-origin import prohibition covers third-country routing, false origin declarations, forged documents, and trans-shipment arrangements used to evade restrictions.
The prohibition on direct or indirect import or transit of goods originating in or exported from Pakistan extends to goods routed through third countries and falsely declared as having another origin. Misdeclaration of country of origin, false descriptions, forged documentation, and trans-shipment arrangements may contravene that prohibition and invite action under the Customs Act, 1962. Dry dates declared as UAE-origin and Guggul resin declared as Somalia-origin were investigated as goods of Pakistan origin routed through Dubai.
August 5, 2026
Show AI Summary
Foreign exchange stability measures support the rupee as policy continuity, capital inflows and global risk sentiment shape currency expectations.
Foreign exchange market movement reflected a rupee appreciation against the US dollar following the monetary policy decision to retain the repo rate and neutral stance. Market sentiment was supported by softer crude oil prices, weakness in the US dollar, lower US Treasury yields and foreign equity inflows. The monetary policy framework sought to support capital inflows and maintain an orderly rupee trajectory, with geopolitical developments and US economic data remaining relevant to near-term exchange-rate expectations.
August 5, 2026
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Money-laundering investigation examines alleged proceeds from chit fund operations following searches linked to a former company managing director.
A money-laundering investigation concerns alleged proceeds of crime arising from a multi-state chit fund operation associated with Welfare Building and Estates Pvt Ltd. The company is alleged to have collected investor deposits through investment schemes promising high returns before defaulting. Searches at premises linked to its former managing director form part of the inquiry into alleged laundering. The underlying alleged fraud had previously resulted in a CBI case and multiple police FIRs.
August 5, 2026
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Political restraint in public communications was urged, alongside adherence to principal-speaker protocol during press conferences and media interactions.
Political restraint in public communications was urged after a social-media remark directed at Sunetra Pawar was criticised as ideologically irresponsible. It was stated that regret alone was insufficient and that leaders should exercise care in public comments. Press-conference protocol was also emphasised: the principal dignitary should respond to media questions, and those seated alongside should not participate in the interaction. Party colleagues were expected to act more responsibly in future media engagements.
August 5, 2026
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Neutral monetary policy stance continues as inflation clarity is awaited, alongside cooperative banking and lending-rate transparency measures.
Monetary policy maintained the benchmark policy repo rate and a neutral stance pending clearer evidence that energy-cost pressures will generate broad-based inflation. Inflation is expected to rise temporarily due principally to food and fuel prices before moderating, while core inflation remains benign. The approach remains data-dependent, supported by two-way liquidity operations. Proposed measures include resuming urban cooperative bank licensing, revising rural cooperative bank credit-monitoring directions, and harmonising interest-rate regulation on advances across regulated entities to improve transparency and consumer protection.
August 5, 2026
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Repo rate stability preserves the policy stance amid lower inflation projections, stronger growth expectations and external-sector resilience.
Monetary policy maintained the repo rate at 5.25 per cent following a unanimous policy committee decision. The growth forecast for FY27 was marginally increased, while the inflation projection was lowered. Inflation conditions remain uncertain because of monsoon, El Nino and geopolitical developments. Liquidity remained in surplus, and external-sector indicators reflected a current-account surplus, buoyant foreign direct investment inflows, renewed foreign portfolio investment inflows, and adequate foreign-exchange reserves.
August 5, 2026
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Polymer currency notes target improved durability as monetary policy remains data-dependent and rupee management pursues an orderly trajectory.
Polymer currency notes are targeted for circulation at the beginning of the next financial year, subject to implementation proceeding as planned. They are intended to improve durability, especially for lower-denomination notes with high circulation velocity. Monetary policy decisions will remain data-dependent and focused on aligning headline inflation with its medium-term target. Foreign Currency Non-Resident (Bank) scheme inflows are expected to remain healthy until closure, with no proposal for premature termination. Rupee management aims to maintain an orderly exchange-rate trajectory.
August 5, 2026
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Customs anti-smuggling enforcement targets gold concealed as silver-coated armlets following passenger profiling and personal search at airport.
Customs officers intercepted two passengers arriving from Istanbul after Advance Passenger Information System profiling and their activation of the Door Frame Metal Detector. A personal search recovered approximately one kilogram of gold, silver-coated and concealed as traditional armlets worn on the upper arms. The gold was seized under the Customs Act, a smuggling case was registered, and investigation was initiated into the source and any wider smuggling network.
August 5, 2026
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Closing auction price discovery for eligible derivatives shares begins as monetary policy retains the repo rate and neutral stance.
The Reserve Bank retained the repo rate with a neutral stance amid uncertainty over energy prices and supply disruptions. Stock exchanges introduced the Closing Auction Session in the equity cash segment for eligible shares with futures and options contracts. This auction-based mechanism determines closing prices of eligible stocks and aims to make price discovery more transparent and robust.

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HIGHLIGHTS

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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