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    Over 36,000 firms shut operations in Maharashtra in 5 yrs; Oppn claims graft, govt interference
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August 12, 2026
Show AI Summary
Corporate closure data highlights worker-claim treatment through insolvency adjudication and liquidation priority, while affected-worker information remains unmaintained.
Corporate closure data recorded 36,211 private companies in Maharashtra as liquidated, dissolved or struck off during the preceding five financial years. Central information is not maintained on workers affected by closures or special rehabilitation packages. In corporate insolvency resolution, employee and worker claims are adjudicated under orders of the adjudicating authority. In winding-up or liquidation, the liquidator deals with pending wages and other admissible statutory dues, subject to available funds and the statutory order of priority.
August 12, 2026
Show AI Summary
Compressed biogas development converts organic waste into cleaner fuel, rural income and reduced dependence on imported fossil fuels.
CBG development is presented as a route for converting agricultural and organic waste into biomethane, bio-fertiliser and briquettes while reducing fossil-fuel imports, crop-residue burning and waste-management burdens. NexGen Energia's asset-light land-partner model uses landowner-provided sites while the company designs, installs and operates plants, including gas upgrading and offtake logistics. Anaerobic digestion and alternative gas-purification technologies support use of agricultural residue, food waste, manure and distillery effluent. Expansion is linked to the GOBARdhan National Circular Bioenergy Scheme, despite capital, feedstock-aggregation and commissioning constraints.
August 12, 2026
Show AI Summary
Bilateral trade cooperation advances through investment focal points, services and health working groups, and planned preferential trade agreement negotiations.
India-Namibia economic cooperation is being progressed through agreed follow-up mechanisms focused on value addition, investment facilitation and sectoral collaboration. Investment focal points have been designated, and a Services Working Group is to prepare a work plan for the Joint Trade Committee. Priority areas include health and pharmaceuticals, critical-mineral processing, gems and jewellery, digital payments, FinTech, railways, renewable energy and green hydrogen. Terms of Reference for the India-SACU preferential trade agreement were finalised, with negotiations to begin after signature and conclude within one year.
August 12, 2026
Show AI Summary
AI governance in banking requires explainability, board accountability, rigorous testing, vendor controls and meaningful human oversight for customer-facing decisions.
AI adoption in banking should be governed through a principles-based and proportionate framework that aligns innovation with financial stability, customer protection and accountability. Banks should maintain inventories of AI systems, adopt board-approved governance policies, ensure explainability for material lending and fraud decisions, conduct periodic red-teaming and stress testing, and preserve meaningful human oversight. Key risks include opacity, bias, vendor concentration, third-party dependence, data misuse, cyber vulnerability and loss of institutional accountability. Vendor arrangements require audit and explanation rights and credible exit plans.
August 11, 2026
Show AI Summary
Land acquisition funding and regulatory approvals advance satellite-city development, tax relief, identity enrolment, employment verification, and jail reform.
Assam Cabinet approvals include first-phase funding for land acquisition and development of the Aerotropolis Satellite City Project and a lease deed for a hotel supporting the Jagiroad semiconductor ecosystem. Measures also provide Aadhaar enrolment relaxation for Moran and Matak communities, zero agricultural tax up to the prescribed net-income threshold, OBC Non-Creamy Layer certificates, and trainee and graduate-assistance funding. Government jobs will be provisionally held pending police verification, with automatic confirmation where no report is submitted within six months. Jail rules will be amended to promote non-discrimination, sanitation, security and fair work allocation.
August 11, 2026
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Money-laundering investigation into alleged liquor-sale proceeds led to arrest and custodial questioning amid contested political allegations.
Money-laundering investigation concerning an alleged liquor scam led to the Enforcement Directorate's arrest of Ramgopal Agrawal and seven days' custodial remand under the Prevention of Money Laundering Act. The agency alleged his connection with proceeds of crime, non-attendance despite multiple summonses, and evasiveness during questioning. Allegations concern purported control of the state excise department, illegal liquor sales, and sharing of commissions. The Congress has denied the allegations and described the investigation as politically motivated.
August 11, 2026
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GST inquiry closure bribery allegations prompted anti-corruption proceedings against a Sales Tax officer under corruption law.
Alleged bribery in GST inquiry closure led to the arrest of a Sales Tax Assistant Commissioner after a scrap trader complained of a demand for illegal gratification to close an inquiry initiated through a GST show-cause notice. Anti-corruption officials reportedly verified the allegation through intermediaries, during which the officer allegedly agreed to accept payment for closing the matter. A criminal case was registered under the Prevention of Corruption Act, with further investigation ongoing.
August 11, 2026
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Direct tax collection growth reflected stronger non-corporate taxes and securities transaction tax receipts alongside slower refund issuances.
Net direct tax collections increased by 23 per cent to over Rs 8.11 lakh crore through August 10, driven by higher non-corporate tax collections and slower refund growth. Gross direct tax collections grew by 19.75 per cent to about Rs 9.55 lakh crore. Net corporate tax collections rose about 20 per cent, net non-corporate tax collections rose 23 per cent, and Securities Transaction Tax collections increased 51 per cent. Refund issuances grew by 3.8 per cent year-on-year.
August 11, 2026
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Vicarious liability in cheque dishonour cases cannot attach to trust associates without statutory status or transaction-specific involvement.
Vicarious criminal liability for cheque dishonour under section 141 of the Negotiable Instruments Act does not extend to a trust, because a trust is not a juristic person. A person cannot be summoned merely for alleged active involvement in a trust where the person was neither drawer nor signatory of the cheques, trustee, office-bearer, authorised account operator, guarantor, or executor of transaction documents.
August 11, 2026
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Cross-border payment integration through CBDCs and fast payment systems remains under BRICS discussion to reduce transfer costs.
Cross-border payment integration is under discussion through potential linkages between central bank digital currencies and fast payment systems, including UPI-type platforms. These approaches seek faster and less costly trade and remittance transfers, particularly retail payments, but remain at a discussion stage. Rupee internationalisation is also being pursued through central-bank memorandums of understanding for bilateral trade settlement in local currencies, with existing arrangements covering Indonesia, Maldives, Mauritius and the UAE.
August 11, 2026
Show AI Summary
Integrated infrastructure planning under PM GatiShakti coordinates project evaluation, multimodal connectivity, geospatial data use, and decentralized implementation.
PM GatiShakti National Master Plan provides an integrated, data-driven infrastructure planning framework using geospatial data, satellite imagery and API integration. Project approval, implementation and funding remain with the respective Central Ministries, Departments and States or Union Territories under their own plans and budgetary provisions; the framework sets no separate budgetary allocation or quantified targets. The Network Planning Group evaluates critical Central Government projects at the planning stage for multimodality, synchronisation, last-mile connectivity, comprehensive local development and coordinated decision-making.
August 11, 2026
Show AI Summary
MSME procurement through GeM has expanded alongside analytics-driven controls against suspicious bidding, collusion, and vendor misconduct.
GeM uses AI/ML analytics to detect order splitting, suspicious bidding, abnormal pricing, repeated participation and potential buyer-seller collusion. Flagged cases are placed before buyer organisations for review and action, while suspected cartels are assessed through digital-footprint, pricing and bid-timing indicators. Its Incident Management framework addresses false documents, fraud, collusive behaviour and other misconduct through administrative measures, including suspension. Anti-competitive conduct and cartel formation are Severe/Grave deviations, with proven cases attracting suspension for up to 365 days.
August 11, 2026
Show AI Summary
Direct tax collections show stronger corporate, non-corporate and securities transaction tax receipts, alongside increased refunds during the fiscal period.
Net direct tax collections grew by 23.09 per cent to over Rs 8.11 lakh crore up to August 10 of the current fiscal year, while gross direct tax collections increased by 19.75 per cent to about Rs 9.55 lakh crore. Corporate tax, non-corporate tax including personal income tax, and Securities Transaction Tax receipts recorded growth. Refunds issued between April 1 and August 10 also rose over the corresponding earlier period. Direct tax collections are budgeted at Rs 26.97 lakh crore for the fiscal year.
August 11, 2026
Show AI Summary
Mobile food testing laboratory accreditation expands quality-assured testing access and supports coordinated food-safety surveillance and regulatory efficiency.
NABL has launched an Accreditation Scheme for Mobile Food Testing Laboratories under the Integrated Assessment Programme. The framework enables mobile laboratories to provide reliable, quality-assured and internationally benchmarked food-testing services closer to communities, extending accredited testing beyond conventional laboratory settings. It is intended to strengthen food-safety surveillance, improve access to quality testing, support faster regulatory intervention and enhance consumer confidence. Coordinated assessments, regulatory harmonisation and mutual recognition are also intended to reduce duplication and improve regulatory efficiency while maintaining quality and compliance standards.
August 11, 2026
Show AI Summary
Digital public procurement will expand AI-led price intelligence, marketplace integrity, inclusive access, credit linkages and sustainable purchasing.
Government e-Marketplace is advancing an AI-enabled public procurement ecosystem focused on efficiency, transparency, competition, price intelligence and marketplace integrity. Priorities include last-mile access through Suvidha Kendras, integration of public entities, credit linkages, sustainable procurement and university outreach. A nationwide five-digit Helpdesk short code, 14550, mapped to existing infrastructure, is intended to maintain service continuity and improve access to support and official communications. The platform seeks to provide enterprises with a more accessible and predictable procurement market and buyers with a data-driven procurement experience.
August 11, 2026
Show AI Summary
Expedited flood insurance claims require insurers and partners to simplify documentation and provide immediate service to affected policyholders.
Expedited insurance-claim handling for flood-affected policyholders in Assam is being pursued through simplified documentation, prompt settlement and immediate service response. PolicyBazaar is coordinating with insurer partners to reduce processing delays. The Insurance Regulatory and Development Authority of India has directed insurers, including life insurers and standalone health insurers, to mobilise resources for immediate assistance, alongside governmental efforts for expeditious and hassle-free claim disposal.
August 11, 2026
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Money laundering investigation in alleged liquor scam leads to arrest and proposed custodial-remand proceedings under anti-money-laundering law.
Money laundering investigation concerning an alleged liquor scam in Chhattisgarh led to the arrest of Congress leader Ramgopal Agrawal under the Prevention of Money Laundering Act. Custodial remand is to be sought for interrogation. The allegations concern an alleged syndicate that purportedly controlled the state excise department, enabled illegal liquor sales and distributed resulting commissions. Chargesheets name political figures, excise officials and officials associated with the Chief Minister's Office.
August 11, 2026
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Money-laundering investigation into an alleged liquor scam leads to arrest and proposed custodial interrogation under the prevention law.
Money-laundering investigation under the Prevention of Money Laundering Act concerns an alleged liquor scam in Chhattisgarh. A former state political party treasurer has been arrested for alleged involvement and is to be produced before a local court for a request for custodial interrogation. The alleged scheme is stated to have involved control of the state excise department by a criminal syndicate, with multiple accused named in six chargesheets.
August 11, 2026
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Immediate FIR registration for every missing person is mandatory, with missing children treated as suspected kidnapping or abduction cases.
Immediate FIR registration is required whenever information is received that any person is missing, irrespective of age or gender, without preliminary inquiry. Missing-person FIRs must include relevant provisions concerning kidnapping and trafficking. A missing child must be treated from the outset as a suspected case of kidnapping or abduction. States and Union Territories may face contempt action for non-compliance. Traced children should ordinarily be restored to their families within 24 hours unless trafficking or exploitation by the family is suspected.
August 11, 2026
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Money-laundering investigation targets alleged chit-fund collections, investor-fund diversion, concealed deposits, and irregular land transactions.
Money-laundering investigation into an alleged multi-state chit-fund scheme involved searches at premises linked to Wellfare Buildings and Estates Pvt Ltd and its directors, seizure of cash, vehicles, property-related records and digital devices, and freezing of bank accounts. The alleged scheme concerns unauthorised public-fund collection through land-allotment schemes, followed by closure of operations. Allegations include diversion of investor funds, manipulation of financial statements to conceal deposits, and irregular land transactions intended to suppress actual consideration and evade statutory obligations.

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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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