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    Rupee rises 22 paise to close at 94.73 against US dollar
    India draws record USD 127 bn forex deposit in special drive
    Banks mobilise USD 127.23 billion in deposits from Indian diaspora: RBI
    CBI Arrests CGST Additional Commissioner and Two others in Rs. 40 Lakh Bribery Case in Raigad, Maharashtra
    Haryana: SGST collections grow 29 pc in first 5 months of 2026-27
    Lokta Opens Its Agentic Loan Servicing Platform to NBFCs Up to Rs 100 crore, with No Platform Fee for Up to Two Years
    RTI seeks Aadhaar date-of-birth changes after pre-poll Bihar pension hike; UIDAI says no such data
    IC Electricals Secures Approx. ₹6 Crore Railway Orders and ₹1 Crore Export Order
    Additional Information related to GDP Estimates Received After Release of Q1 Estimates of FY 2026-27
    Union Minister of Commerce & Industry Shri Piyush Goyal Chairs CEO Roundtable on Ease of Doing Business for Scaling India’s Data Centre Ecosystem
    India–Afghanistan Joint Working Group on Trade Holds Virtual Meeting; Reviews Measures to Strengthen Bilateral Trade and Economic Cooperation
    PM Surya Ghar Yojana 2026: How to Get Rs 78,000 Solar Subsidy & Cut Your Electricity Bill
    Japan's JCR upgrades India's sovereign rating to 'A-', cites solid growth, improved financial system
    In personal insolvency case before NCLAT, Subhash Chandra opposes formation of 5-member NCLT bench
    GoCredit Launches Free Loan App Checker to Verify If a Lending App Is Real, Fake or RBI Registered
    Rupee falls 2 paise to 94.97 against US dollar in early trade
    Senior bureaucrats attend IICA’s ‘weekend wisdom’ program initiave
    NLMC to Facilitate E-Auction of 459 RINL Land Parcels in Visakhapatnam
    CCI approves acquisition of Aseem Infrastructure Finance Limited by TPG Nicobar SG Pte. Ltd. and related transactions
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September 2, 2026
Show AI Summary
Currency-market intervention and foreign capital inflows supported rupee resilience amid higher crude prices and dollar strength.
Foreign capital inflows and modest foreign institutional equity purchases supported rupee appreciation against the US dollar despite weak domestic equities, elevated crude oil prices and a stronger dollar. RBI monitoring and apparent currency-market intervention supported the rupee amid risk aversion, higher US Treasury yields and concerns over crude supply disruptions. Forthcoming US employment data remained relevant to dollar and rupee direction.
September 2, 2026
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Foreign-currency non-resident deposits bolster external liquidity through hedging support and lending flexibility during global market uncertainty.
Foreign Currency Non-Resident (Bank) [FCNR(B)] deposits are fixed-term foreign-currency deposits for non-resident Indians, with principal and interest repayable in the deposit currency and without direct rupee exchange-rate risk. A special central-bank programme mobilised substantial FCNR(B) deposits, alongside overseas foreign-currency borrowings and external commercial borrowings, to strengthen foreign-exchange liquidity. Banks received hedging-cost support and permission to lend against the deposits. The facility was closed earlier than scheduled after its mobilisation objective was met.
September 2, 2026
Show AI Summary
Foreign currency swap facility accelerated FCNR(B) deposit window closure after substantial diaspora inflows, while borrowing windows remain open.
Special USD-INR foreign-exchange swap facility for FCNR(B) deposits, Overseas Foreign Currency Borrowings and External Commercial Borrowings was introduced to strengthen the external sector and support foreign-exchange liquidity. FCNR(B) deposits, under which principal and interest are repayable in the same foreign currency, generated the principal share of inflows. Strong diaspora participation led to advancement of the FCNR(B) window closure. The swap facility for Overseas Foreign Currency Borrowings and External Commercial Borrowings remains open until December 31, 2026.
September 2, 2026
Show AI Summary
GST bribery allegations led to a trap operation against officials and an intermediary in a quarrying matter.
Criminal investigation concerns alleged solicitation and acceptance of an undue advantage by CGST officials in connection with settling a GST/royalty matter involving a stone-quarrying firm. The officials allegedly arranged for a private person to collect the payment. A trap operation resulted in the private person being caught while accepting the alleged undue advantage. Searches at the accused persons' premises led to recovery of cash and jewellery, while further investigation continues.
September 2, 2026
Show AI Summary
State GST collection growth outpaced national expansion during the first five months, alongside increased VAT and CST receipts.
Haryana's SGST collections increased by 29 per cent during April-August of financial year 2026-27, exceeding the national growth rate of 16 per cent. August 2026 post-settlement SGST revenue rose by 21 per cent, compared with national average growth of 13 per cent. Haryana accounted for less than 4 per cent of national GST taxpayers but contributed approximately 7.7 per cent of aggregate national SGST, CGST and IGST collections. VAT/CST collections rose by 13.8 per cent during the same period.
September 2, 2026
Show AI Summary
NBFC loan servicing governance retains lender control through deterministic decision rules, maker-checker controls, reconciled migration and optional AI assistance.
Lokta Next 100 offers RBI-registered NBFCs with loan books up to Rs 100 crore post-approval loan servicing, accounting, reporting, analytics, collections, recovery and partner-management functions, excluding pure-play microfinance NBFCs. Credit, approval and money decisions remain with the lender. Maker-checker approval applies to every change, and migration requires line-by-line reconciliation before cutover. Records remain lender-owned, hosted in India and exportable. AI may propose changes but cannot post to the ledger; deterministic lender-policy rules decide changes. Platform fees are deferred for up to 24 months, subject to stated loan-book thresholds.
September 2, 2026
Show AI Summary
RTI access to maintained records does not require creation of Aadhaar date-of-birth update data on demand.
UIDAI did not maintain separate Aadhaar data on date-of-birth updates in Bihar following the announced social security pension enhancement, including month-wise or district-wise compilations. No internal review or flagging of unusual update patterns was available or applicable in its records. The Central Information Commission clarified that the RTI framework does not require a public authority to create, compile or generate information that it does not maintain in the form requested. The initial CPIO response treating the information as outside the RTI Act was considered inappropriate.
September 2, 2026
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Transgender arrest and detention safeguards prompt calls for a standard operating procedure and clearer procedural protections.
Legal and regulatory issues include safeguards for arrest and detention of transgender persons, consultation requirements in Bar Council policy-making, and procedural accountability in electoral administration and policing. Personal insolvency proceedings raise questions about tribunal powers to constitute an expanded bench. Hospitality operators are expected to comply strictly with food-safety and hygiene norms. Proposed restrictions on minors' social-media accounts address cyberbullying, online exploitation, and harmful screen exposure.
September 2, 2026
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Railway equipment purchase orders and export order expand IC Electricals' domestic and international business pipeline.
IC Electricals Company Limited has secured railway purchase orders for electrical and electronic supplies and an export order, creating combined order inflow across domestic railway operations and international markets. Its product portfolio includes regulators, battery chargers, emergency lights, inverters, microprocessor-based control systems, alternators, traction motors, and permanent magnet alternators with controllers. Forward-looking statements on business plans, projects, and research and development remain subject to risks and uncertainties and may differ materially from actual results.
September 2, 2026
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Double deflation explains negative manufacturing GVA deflators when input prices rise faster than output prices.
Double deflation in manufacturing separately deflates gross output and intermediate consumption, with real GVA derived from their difference. Where input prices rise faster than output prices, nominal GVA may grow more slowly than real GVA, producing a negative implicit GVA deflator despite rising output and input prices. A negative manufacturing GVA deflator therefore does not establish a fall in manufactured-product prices or lower real growth. The implicit GDP deflator is a derived ratio between current-price and constant-price GDP and differs from CPI and WPI because of their distinct coverage, weights, and price concepts.
September 2, 2026
Show AI Summary
Data centre ease-of-doing-business reforms target reliable power, prepared land, streamlined approvals and building standards for faster infrastructure deployment.
Ease-of-doing-business reforms for India's data-centre ecosystem focus on faster and sustainable infrastructure deployment through reliable power, ready-to-use land, streamlined approvals and suitable building regulations. Proposed power measures include cluster-based transmission planning, first-day sanctioned load, dual feeders and cross-border renewable-energy procurement. Data-centre-ready land banks and power-ready parcels are intended to reduce development timelines. The National Building Code 2026 recognises data centres under Group E and contains a dedicated annex on fire-risk assessment and data-centre-specific performance indicators.
September 2, 2026
Show AI Summary
Trade facilitation and customs cooperation drive follow-up action on connectivity, regulatory coordination, investment promotion and bilateral commercial engagement.
India-Afghanistan bilateral trade and economic cooperation is being advanced through institutional engagement on trade facilitation, customs cooperation, connectivity, investment and commercial exchange. Priority areas include customs and data-sharing cooperation, visa facilitation for traders, banking and financial cooperation, pharmaceutical and agricultural trade, energy cooperation, tariff concessions, cargo connectivity and port-related matters. Follow-up action covers regulatory cooperation, improved connectivity, investment promotion and business-to-business engagement.
September 2, 2026
Show AI Summary
Residential rooftop solar subsidy requires eligibility, prior approval, registered installation, net metering, commissioning, and verified bank details for direct transfer.
PM Surya Ghar Muft Bijli Yojana provides central financial assistance for eligible grid-connected residential rooftop solar systems, capped at Rs. 78,000 for systems of three kilowatts or more. Applicants must be Indian citizens who own a suitable house, hold a valid electricity connection, and have not received an earlier solar-panel subsidy. Applications require portal registration, distribution-company feasibility approval, installation through a registered vendor, net metering, inspection, commissioning and submission of bank details. Assistance is transferred directly after verification. State-specific net-metering procedures, approvals and additional incentives may apply.
September 2, 2026
Show AI Summary
Sovereign credit rating upgrade reflects solid growth, stronger financial systems, and improving fiscal and external resilience.
JCR upgrades India's foreign-currency and local-currency long-term issuer ratings to A- with a stable outlook, citing sustained economic growth, productivity-oriented policies and improved financial-system soundness. Fiscal constraints include elevated deficits, intergovernmental fiscal transfers, electoral-cycle sensitivity, and high combined government debt and interest burdens. Greater emphasis on infrastructure capital expenditure has improved the quality of fiscal spending. External resilience is supported by a contained current account deficit, services surplus and foreign-exchange reserves exceeding short-term external debt.
September 2, 2026
Show AI Summary
Personal insolvency bench constitution and repayment-plan eligibility remain contested where a larger tribunal bench stays a third-member order.
Personal insolvency proceedings raised a challenge to the National Company Law Tribunal's authority to constitute a five-member bench after a split verdict. The challenge contended that the mechanism for differing views permits reference to another member or members, but does not authorise a five-member bench. The larger bench stayed the third member's order, restricted asset alienation, and suspended an order permitting settlement of personal-guarantee claims. The dispute concerned the validity of that bench, the split-verdict reference procedure, repayment-plan eligibility, and pending creditor appeals.
September 2, 2026
Show AI Summary
Digital lending app verification enables borrowers to identify regulated lenders, grievance channels, and warning signs before accepting loans.
GoCredit's Loan App Checker allows borrowers to search lending apps against the public Digital Lending App directory and identify the regulated lender, grievance contact and RBI Ombudsman escalation route where a match exists. Regulatory reporting by regulated entities enables app-level verification, while borrowers should also check the lender named in app disclosures and loan agreements. A directory listing is a regulated-entity disclosure, not RBI approval or endorsement. Unmatched apps should be assessed through verification steps and reported through official channels where appropriate.
September 2, 2026
Show AI Summary
Rupee depreciation in early trade reflected oil-price pressures, risk aversion, higher Treasury yields and broad dollar strength.
Early foreign-exchange trading saw the rupee weaken against the US dollar amid renewed US-Iran tensions, risk aversion, higher Brent crude prices, and a stronger dollar. Safe-haven demand, inflation concerns linked to potential oil-supply disruption, expectations of a September Federal Reserve rate increase, and higher US Treasury yields supported the broad dollar rally. RBI monitoring of the rupee's decline was noted.
September 2, 2026
Show AI Summary
Responsible AI governance requires ethical safeguards, privacy protection, accountability and adaptive oversight to build lasting corporate stakeholder trust.
Responsible artificial intelligence governance requires continuous innovation, inclusive development, responsible deployment and trust-based governance. AI systems should be ethical, safe, transparent, fair and human-centric, with safeguards for privacy, bias, security and accountability. Proportionate and adaptive regulation should provide clear accountability, standards, monitoring, auditability and grievance redressal. Good governance, cybersecurity, personal data protection and responsible AI together strengthen organisational resilience, stakeholder trust, transparency and sustainable innovation.
September 2, 2026
Show AI Summary
E-auction of surplus public land enables transparent outright sale of RINL parcels through registered, KYC-verified bidding.
National Land Monetization Corporation will facilitate the e-auction and outright sale of 459 encumbrance-free RINL land parcels, including residential plots and parcels suited for commercial and logistics use. Competitive bidding will occur through the RailTel E-Nivida e-procurement platform. Participation requires online registration, KYC verification, and plot-wise submission of an earnest money deposit within prescribed timelines. The process supports transparent monetisation of surplus land and non-core public assets.
September 2, 2026
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Competition approval for infrastructure finance restructuring covers acquisition, minority transfer, investment divestment, and merger of regulated NBFCs.
Competition Commission of India approval applies to the acquisition of Aseem Infrastructure Finance Limited by TPG Nicobar SG Pte. Ltd., a subsequent minority share acquisition by ICICI Bank Limited, and Aseem's divestment of its shareholding in NIIF Infrastructure Finance Limited to National Investment and Infrastructure Fund II. Following the acquisition, Climate Finance India Private Limited is intended to merge into Aseem as the surviving entity. The entities involved include RBI-registered non-deposit taking NBFCs operating in infrastructure finance, investment and credit, and infrastructure debt financing.

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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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