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    Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman will embark on official visit to Canada and USA from 25th August to 2nd Septemb...
    UPI Completes 10 Years of Digital Payments Revolution- Globally Recognised as World’s Largest Real‑Time Payment System
    PROVISIONAL ESTIMATES OF SERVICE PRODUCER PRICE INDICES (BASE YEAR 2022-23) FOR Q1 OF FY 2026-27 AND FINAL INDICES FOR Q4 OF FY 2025-26.
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    Orris Infrastructure MD Amit Gupta arrested in cheating case
    In a knot: Surat weaving units take voluntary two-day holiday as yarn prices shoot up
    Canada will impose retaliatory tariffs on US goods beginning Sept 8 as trade negotiations collapse
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August 24, 2026
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Bilateral economic and financial cooperation will advance through investment dialogues, business engagement, financial-sector partnerships, and global economic discussions.
Official visits to Canada and the United States are scheduled to strengthen bilateral economic and financial partnerships, deepen investment linkages, and advance cooperation on global economic priorities. Engagements include an Economic and Financial Dialogue, investment and business roundtables, corporate meetings, and discussions on financial-sector cooperation, technology, innovation, critical minerals, resilient supply chains, and a Comprehensive Economic Partnership Agreement. Participation in the G20 Finance Ministers and Central Bank Governors Meeting will address global economic growth, stability, and international financial cooperation.
August 24, 2026
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Interoperable real-time payments enable inclusive retail transactions, bank participation, and cross-border digital payment expansion through UPI.
Unified Payments Interface (UPI) operates as an interoperable, real-time digital payments platform for peer-to-peer and person-to-merchant transactions. Its network includes varied banking institutions acting as remitter and beneficiary payment service providers, with performance monitoring across participants. Person-to-merchant payments drive transaction volume through routine small-ticket retail use, while person-to-person payments represent a larger share of transaction value. UPI also supports cross-border digital payments, with future growth linked to technological advancement, broader adoption, policy support, and financial inclusion.
August 24, 2026
Show AI Summary
Service Producer Price Indices track quarterly price movements across financial, transport, telecom and insurance services using sub-service weights.
Service Producer Price Indices based on 2022-23 set out provisional first-quarter estimates for FY 2026-27 and final fourth-quarter estimates for FY 2025-26 across financial, insurance, telecom, railway and air-passenger services. Latest quarterly data show negative year-on-year inflation for securities transaction and banking services, while banking service contribution, pension-fund management, insurance, telecom and railway services record positive inflation. Aggregate weights are not assigned because the covered services do not represent the entire service sector; sub-service weights are used to derive service-level PPIs.
August 24, 2026
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Food safety cooperation supports imported-food quality information exchange and technical collaboration within broader bilateral economic and trade engagement.
India-Morocco economic cooperation is being advanced through discussions on trade diversification, market access, investment, industrial cooperation, customs, agriculture, food safety, energy, digital transformation and logistics. A proposed food safety Memorandum of Understanding would support exchanges on imported-food safety and quality, testing laboratories, analytical methods, import procedures, quality control, sampling, testing, packaging and labelling. Proposed cultural cooperation would promote professional exchanges, heritage conservation and institutional linkages.
August 24, 2026
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Foreign-exchange market conditions pressured the rupee as dollar strength, crude concerns and geopolitical uncertainty shaped narrow USD/INR trading.
Foreign-exchange market conditions led the rupee to close marginally lower against the US dollar after reversing initial gains. The USD/INR pair traded within a narrow range amid a stronger dollar index, weak domestic equity markets, importer demand, crude-oil concerns and geopolitical uncertainty. Market commentary indicated a slight negative bias for the rupee, although possible US-dollar weakness could provide support at lower levels. India's foreign-exchange reserves increased during the referenced reporting week.
August 24, 2026
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Branch expansion for wealth and cross-border banking services targets emerging commercial centres and affluent customer segments across India.
HSBC India's branch expansion is directed at extending wealth, international banking, and corporate banking services to affluent, high-net-worth, ultra-high-net-worth, and non-resident Indian customers in emerging commercial centres. The Nashik opening forms part of a broader branch-expansion programme undertaken after Reserve Bank of India approval to establish additional branches in key cities. The programme is intended to expand delivery of banking and financial services, including support for cross-border wealth management, overseas investment by Indian companies, and foreign investment into India.
August 24, 2026
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Bilateral trade and investment cooperation advances through business engagement in high-technology manufacturing, clean energy, innovation and industrial collaboration.
India's commerce and industry engagement with Japan is structured around a business delegation visit to deepen bilateral trade, investment, technology and industrial collaboration. Sector-focused discussions cover semiconductors, artificial intelligence, start-ups, automotive manufacturing, steel, electronics, industrial and consumer markets. Business roadshows and investor interactions are directed at presenting opportunities in India's manufacturing, clean-energy and consumer sectors, while advancing cooperation in high-technology manufacturing and next-generation industries.
August 24, 2026
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Inter-state heroin trafficking enforcement uncovered concealed narcotics in transport vehicles, triggering arrests, confiscation, and continuing supply-chain investigations.
Operation Black Hawk targeted an alleged inter-state heroin trafficking network moving crude heroin from the North-East region towards Uttar Pradesh. Intelligence-led vehicle tracking and highway interceptions resulted in the seizure of over 18.6 kg of crude heroin and the arrest of three suspected network members under the Narcotic Drugs and Psychotropic Substances Act, 1985. The narcotics were detected in specially fabricated concealed compartments within a passenger vehicle fuel tank and a heavy commercial vehicle body frame. Both vehicles and the contraband were confiscated, while financial and logistical investigations continue into suppliers and distribution channels.
August 24, 2026
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Five-day banking and uniform performance incentives drive proposed bank union action over unresolved pension and employment demands.
Banking labour relations are affected by proposed nationwide industrial action over five-day banking, performance-linked incentives, and pension-related demands. Five-day banking remains pending despite a bipartite arrangement for extended weekday hours. Unions dispute an incentive scheme that differentiates awards by seniority and individual performance, contending that it departs from bank-level performance linkage and uniformity across cadres. They also allege that implementation during pending conciliation breaches a status quo obligation, while pension revision, uniform dearness allowance, and a pension-scheme switch option remain unresolved.
August 24, 2026
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Free trade agreement strategy expands preferential market access and supports India's integration into global value chains and investment partnerships.
India's free trade agreement strategy seeks to expand preferential market access and integrate the country into global value chains as a trusted trading partner. Negotiations with additional country groups and individual nations are intended to extend agreement coverage to a substantial share of global trade. Investment opportunities are identified in data centres, manufacturing and artificial intelligence, alongside an objective of developing more balanced trade relations between India and Japan.
August 24, 2026
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Foreign exchange market conditions supported rupee appreciation, but crude prices, importer demand and geopolitical sanctions concerns limited gains.
Foreign exchange market conditions supported a modest early appreciation of the rupee against the US dollar due to relative dollar softness. The gain was limited by elevated crude oil prices, importer demand for dollars, and caution over anticipated sanctions affecting Iranian oil trade, banking networks and shipping routes. Currency markets remained sensitive to geopolitical uncertainty and possible wider trade effects.
August 23, 2026
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Undeclared gold importation led to customs interception, seizure, arrest and continuing investigation after concealment inside passenger clothing.
Customs enforcement against undeclared gold importation involved interception of a passenger arriving from Sharjah at Ahmedabad airport following passenger profiling. A gold chain concealed inside clothing was recovered after it was not declared for customs purposes. The chain was seized and the passenger was arrested under the Customs Act, 1962, before being released on bail, with further investigation continuing.
August 23, 2026
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Digital arrest cyber fraud used impersonation, forged notices and coercive video calls to obtain transfers through mule accounts.
Digital arrest cyber fraud allegedly used impersonation of law-enforcement and central banking officials, fabricated notices, threats of arrest and continuous video communications to coerce a retired railway employee into disclosing financial details and transferring funds for purported verification. The alleged proceeds were routed through mule and shell accounts. Banking records, KYC details, digital evidence and transaction trails allegedly connected a recipient account with suspicious transactions and multiple cyber-fraud cases; part of the cheated amount was recovered or refunded.
August 23, 2026
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Political targeting allegations challenge money-laundering enforcement actions, searches, questioning, and public disclosures in the CMRL investigation.
CPI(M) alleges that enforcement action under the Prevention of Money Laundering Act in the CMRL matter is politically motivated targeting of Pinarayi Vijayan, family members and party associates. It contends that searches, questioning and public communications during the investigation were used to create suspicion without incriminating evidence, and characterises references to hawala as a new investigative narrative. The party also alleges selective anti-money-laundering enforcement against opposition leaders and states that the company will address the CMRL-related matter.
August 23, 2026
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Money-laundering investigation into alleged liquor transport irregularities results in arrests connected with claimed loss to the government exchequer.
Money-laundering proceedings concerning alleged financial irregularities in liquor transport led to the arrest of former Andhra Pradesh minister Karumuri Nageswara Rao under the Prevention of Money Laundering Act. The inquiry concerns alleged wrongful loss to the government exchequer arising from liquor-transport operations. Investigative measures included raids and the arrest of Rao's son, along with arrests of a former state beverages corporation managing director and the person described as the principal accused.
August 23, 2026
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Alleged LLP record forgery raises cheating, breach of trust and conspiracy concerns over unauthorised partnership interest changes.
Alleged forgery, cheating, criminal breach of trust and conspiracy concern purported unauthorised changes to LLP statutory records filed with the Registrar of Companies. The allegations include use of false documents to remove a nominated partner, substitute another person as partner and transfer a partner's interest in the LLP. The matter also draws attention to separate land-collaboration allegations and delayed possession claims by homebuyers in a halted housing project.
August 23, 2026
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Voluntary production curtailment addresses polyester yarn cost volatility as weaving units seek customs-duty relief on inputs.
Voluntary production curtailment by weaving units is being adopted in response to increased polyester yarn and related input costs. Units may reduce shifts or observe periodic holidays according to individual commercial feasibility to limit yarn consumption until prices and fabric-market conditions stabilise. Industry representatives allege that yarn-price increases exceed corresponding input-cost movements and seek examination of possible artificial pricing, along with customs-duty relief on yarn and relevant inputs.
August 22, 2026
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Retaliatory tariffs escalate trade restrictions as historic tariff authority enables duties without prior investigation or a prescribed duration.
Retaliatory tariffs are set to escalate bilateral trade restrictions after the United States imposed tariffs of up to 50 per cent on specified Canadian imports. Canada proposes dollar-for-dollar countermeasures covering sectors including steel, dairy, appliances, agricultural equipment, pulp and paper and electronics. Section 338 of the Tariff Act of 1930 is invoked as the legal basis for the United States measures, permitting presidential import duties up to 50 per cent without a prior investigation or prescribed maximum duration. Escalation creates uncertainty for supply chains and renewal of the United States-Mexico-Canada Agreement.
August 22, 2026
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Reciprocal tariffs reshape Canada-United States trade relations, increasing supply-chain risks and accelerating Canadian trade diversification beyond its primary export market.
Canada-United States trade relations are described as entering a confrontational phase after tariff negotiations collapsed. The United States imposed tariffs on specified Canadian goods, while Canada committed to reciprocal import taxes and suspended negotiations. The dispute marks a retreat from preferential market access and continental integration. Canada's export dependence on the United States may limit retaliation and increase risks to output, employment, investment and integrated supply chains. Trade diversification, non-United States investment and expanded Pacific export infrastructure are identified as responses to a potentially enduring protectionist bilateral relationship.
August 22, 2026
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Retaliatory tariffs on United States goods will target key sectors after trade negotiations failed and reciprocal tariff relief was unavailable.
Retaliatory tariffs on United States goods will take effect from 8 September in response to United States tariffs on Canadian products and unsuccessful negotiations. The dollar-for-dollar measures will cover steel, dairy, appliances, agricultural equipment, pulp and paper, and electronics, with product-specific details to follow. Canada had been willing to remove certain retaliatory tariffs if corresponding United States tariffs were substantially reduced, but considered the final demands unacceptable.

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PMLA / Black Money

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December 17, 2025

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New Delhi, Dec 18 (PTI) Following are the top stories at 9.30 PM NATION DEL57 MEA-BANGLADESH-ENVOY-LD SUMMON (5.52 PM)

India summons Bangladesh envoy; demands adequate security to its mission in Dhaka New Delhi: India on Wednesday summoned Bangladesh envoy Riaz Hamidullah and lodged its protest over plans by certain extremist elements to create a security situation around the Indian mission in Dhaka.

DEL66 LD CONG-NATIONAL HERALD PROTESTS (7.05 PM)

Cong protests outside BJP offices after National Herald order; says PM, Shah should apologise or resign New Delhi: The Congress on Wednesday held protests across the country against what it alleged was the Modi government's "misuse" of probe agencies for vendetta politics and vowed to keep up the fight in Parliament and outside, a day after a Delhi court refused to take cognisance of the Enforcement Directorate's money laundering charge against Sonia Gandhi and Rahul Gandhi in the National Herald case.

PAR28 LS-2NDLD NUCLEAR (8.32 PM)

LS nod to bill to open up nuclear sector for private players New Delhi: The tough provisions of India's nuclear liability laws led to "silent phobia" among industry, prompting the government to bring a new comprehensive bill to address their concerns and open up the atomic energy sector for private participation, Union Minister Jitendra Singh said on Wednesday.

DEL85 RAHUL-LD BMW (9.08 PM)

Manufacturing declining in India, says Rahul after BMW plant tour; BJP dubs remarks anti-India New Delhi: Congress leader Rahul Gandhi on Thursday said manufacturing is declining in India and the country needs to build meaningful manufacturing ecosystems for accelerating growth, remarks that evoked a strong response from the ruling BJP that termed his comments "anti-India".

DEL80 DELHI-LD POLLUTION (RPT) (9.01 PM)

Delhi readies for 'No PUCC, No fuel', ban on non-city vehicles below BS VI from Dec 18 New Delhi: The Delhi government's stringent "no PUCC, no fuel" rule and a ban on the entry of all private non-Delhi vehicles below BS VI standards will come into effect from Thursday, with 126 checkpoints identified and over 537 police personnel deployed at fuel pumps across the national capital.

PAR20 RS-LD-INSURANCE-BILL-OPPOSITION (8.48 PM)

Opposition MPs demand 100 pc FDI insurance bill be sent to Par panel for more scrutiny New Delhi: Several non-NDA members in the Rajya Sabha on Wednesday opposed the bill to raise FDI in the insurance sector to 100 per cent and demanded that the proposed legislation be sent to a Parliamentary panel for further scrutiny.

BOM39 GA-COURT-2ND LD LUTHRAS (6.59 PM)

Nightclub fire: Goa court remands Luthra brothers in police custody for five days Panaji: A court in North Goa on Wednesday remanded Gaurav and Saurabh Luthra, co-owners of the ‘Birch by Romeo Lane’ nightclub, in police custody for five days.

DEL79 LEFT-GRAMG-PROTEST (8.21 PM)

Left parties demand withdrawal of VB-G RAM G Bill, announce protest New Delhi: Left parties on Wednesday demanded the government to withdraw the rural employment Bill that seeks to replace the existing law MGNREGA, and gave a call for a joint protest against it on December 22.

DEL76 PAR-PANEL-INDIGO (8.15 PM)

IndiGo COO, aviation officials appear before Par panel; replies 'evasive, unconvincing' New Delhi: A parliamentary panel examining the recent air traffic disruptions tried to fix responsibility for Indigo's mass cancellation of flights as senior aviation officials and IndiGo COO Isidro Porqueras appeared before it on Wednesday, but found the replies of the airline and DGCA "evasive and unconvincing", according to sources.

PAR16 RS-LD TOLLS (6.07 PM)

Satellite-based toll collection to be implemented across country by 2026-end: Gadkari New Delhi: The satellite-based toll collection system will be operational across the country by 2026-end, which will eliminate the waiting time at toll plazas for commuters and bring more revenue for the government, Union Minister Nitin Gadkari informed the Rajya Sabha on Wednesday.

DEL62 UP-MATHURA-MISHAP-IDENTIFICATION (6.36 PM)

Yamuna Expressway crash: Death toll may rise as identification of burnt bodies begin, say officials Mathura (UP): The death toll in the multi-vehicle pile-up that has killed 13 people on the Yamuna Expressway in Mathura may rise further as several severely burnt human remains are yet to be identified, officials said on Wednesday.

CAL35 WB-MESSI-FIASCO-LD ABHISHEK (8.12 PM)

Action to be taken against guilty; WB govt acted promptly after Messi event chaos: Abhishek Kolkata: Senior TMC leader Abhishek Banerjee on Wednesday said the West Bengal government acted promptly after chaos marred a football event featuring Argentine star Lionel Messi, asserting that accountability has already been fixed at multiple levels and further action will follow against all those found guilty.

DEL69 CULTURE-NEHRU-PAPERS (7.16 PM)

Nehru papers: Govt slams Sonia Gandhi, says such records belong in public archives, not behind closed doors New Delhi: The government on Wednesday slammed Congress leader Sonia Gandhi for keeping "51 cartons of Jawaharlal Nehru papers" and sought their return to Prime Ministers' Museum and Library (PMML) so that scholars and Parliament can access the crucial historical records of 'Nehruvian' times, asserting that these documents "belong in public archives, not behind closed doors".

DEL70 DEF-INDIA-UAE-EXERCISE (7.24 PM)

India, UAE troops to take part in joint military exercise in Abu Dhabi from Dec 18-30 New Delhi: Militaries of India and the UAE are scheduled to take part in a joint exercise from December 18-30 that seeks to enhance interoperability and foster defence cooperation between the two sides, officials said on Wednesday.

BOM44 CG-LIQUOR SCAM-LD ARREST (9.18 PM)

Chhattisgarh liquor scam: Ex-CMO deputy secretary Chaurasia arrested; in 2-day ED custody (Eds: Adds details) Raipur, Dec 17 (PTI) The Enforcement Directorate (ED) has arrested Soumya Chaurasia, a suspended state administrative service officer who was deputy secretary in the CMO during the previous Congress government, in connection with an alleged liquor scam in Chhattisgarh.

MDS23 TL-GRAM PANCHAYAT-2NDLD ELECTIONS (8.01 PM)

Telangana: Over 85 pc turnout in final phase of gram panchayat polls Hyderabad: More than 85 per cent of eligible voters exercised their franchise in the final phase of gram panchayat elections in Telangana on Wednesday, the SEC said.

BUSINESS DEL71 BIZ-2NDLD-INDIA-OMAN TRADE (7.31 PM)

India, Oman to sign free trade pact on Thursday to boost economic ties New Delhi: India and Oman will sign a free trade agreement on Thursday in Muscat, opening greater opportunities for sectors such as textiles, food processing, automobiles, auto components, and gems and jewellery.

LEGAL LGD34 SC-LD AIR POLLUTION (7.38 PM)

Air pollution: SC asks NHAI, MCD to consider shifting or closing 9 toll plazas at Delhi borders New Delhi: Taking a serious note of the severe air pollution levels in Delhi-NCR, the Supreme Court on Wednesday issued a slew of directions and asked the NHAI and the MCD to consider either temporary closing or relocating the nine toll plazas of the civic body at borders of the national capital to ease usual massive traffic congestion.

LGD29 SC-AIR POLLUTION-VEHICLES (06.55 PM)

The Supreme Court permitted the Delhi government authorities to take coercive action against old vehicles that do not meet Bharat Stage-IV (BS-IV) emission standards.

LGD7 SC-CJI-SHOE HURL (12.42 PM)

The Supreme Court asked the Centre and the Supreme Court Bar Association to suggest measures to prevent recurrence of incidents like the shoe hurling attempt targeting former CJI B R Gavai in the courtroom.

LGD6 SC-RG KAR-LD TRANSFER (12.20 PM)

The Supreme Court transferred the R G Kar Medical College trainee doctor rape and murder case to the Calcutta High Court to monitor the implementation of its orders.

LGD24 DL-HC-LD INDIGO PIL (04:15 PM)

Delhi HC refused to entertain a PIL seeking direction to the Centre and IndiGo airline to pay a compensation of four times the full ticket price to all passengers whose tickets were cancelled in November and December after the roll out of the new Flight Duty Time Limitation (FDTL).

FOREIGN FGN54 PM-LD OMAN (8.17 PM)

PM Modi arrives in Oman on final leg of three-nation visit Muscat: Prime Minister Narendra Modi on Wednesday arrived in Oman on a two-day visit during which he will hold talks with the Gulf country's top leadership and is expected to sign an ambitious trade deal.

FGN51 PM-ETHIOPIA-LD OUTCOMES (7.26 PM)

Significant steps in 'people-centric' India-Ethiopia partnership: PM Modi highlights outcomes of visit Addis Ababa: Prime Minister Narendra Modi on Wednesday underscored the outcomes of his Ethiopia visit, calling the signing of multiple agreements a “significant” step in strengthening a bilateral partnership focused on "growth and people-centric development".

FGN52 BANGLA-INDIA-LD PROTEST (7.48 PM)

Protesters march towards Indian mission in B'desh capital, police block their march Dhaka: A large group of protesters, marching towards the Indian High Commission in Dhaka, was stopped by police on Wednesday, even as India expressed strong concern about the security situation around its mission in the Bangladeshi capital.

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