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    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
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    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
    CCI approves acquisition of up to 100% equity shareholding of Apollo Fertility Centre (AFCPL) and Apollo Specialty Hospitals (ASHPL) by Kids Clinic In...
    ED arrests businessman in DMF-linked money laundering case
    Rupee gains 27 paise to close at 94.95 against US dollar
    India's CAD widens to USD 4.2 bn in Q1 amid West Asia conflict: RBI data
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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
Show AI Summary
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
Show AI Summary
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
Show AI Summary
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
Show AI Summary
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.
September 2, 2026
Show AI Summary
Healthcare merger approval enables KCIL to acquire fertility and specialty hospital businesses alongside related equity issuances and investment.
Competition Commission approval covers KCIL's acquisition of up to 100% equity shareholding in AFCPL and 100% equity shareholding in ASHPL. The combination includes KCIL issuing equity shares and optionally convertible debentures to AHLL, representing 9.9% fully diluted shareholding as partial consideration, together with a further KCIL equity investment by Arvon Investments Pte. Ltd. KCIL operates mother and baby care hospitals, while AFCPL provides assisted reproductive treatment and reproductive-medicine services.
September 1, 2026
Show AI Summary
Money-laundering investigation into alleged District Mineral Fund diversion examines purported liaison activity and asset acquisition through proceeds of crime.
Money-laundering proceedings under the Prevention of Money Laundering Act concern alleged diversion of District Mineral Fund resources through the Chhattisgarh Seed Corporation. The investigation alleges siphoning of public funds by contractors in collusion with government officials and political executives. A businessman was identified as an alleged liaisoner and financial coordinator between public servants, district authorities and private vendors. Allegations also include receipt of commissions, acquisition of immovable assets from purported proceeds of crime, non-production of records, and contradictory statements during questioning.
September 1, 2026
Show AI Summary
Foreign exchange market dynamics: rupee appreciation reflected portfolio inflows, domestic growth, and possible central-bank intervention amid external pressures.
The rupee appreciated against the US dollar, supported by domestic growth, controlled fiscal slippage, portfolio-related inflows and possible Reserve Bank of India intervention. Its gains were limited by weak equity markets, rising crude oil prices and a stronger dollar. External geopolitical tensions and hawkish US monetary signals remained potential pressures. Domestic indicators showed strong economic activity, while the current account deficit widened because of a higher merchandise trade deficit. Foreign portfolio inflows continued despite investors remaining net sellers during the year.
September 1, 2026
Show AI Summary
Current account deficit widened as merchandise trade deficit increased, notwithstanding stronger services receipts, remittances, and foreign direct investment inflows.
India's current account deficit widened in the first quarter of 2026-27 as the merchandise trade deficit increased. Higher net services receipts, increased personal transfer receipts and lower net primary-income outgo partly supported the external account. Financial-account movements included higher net foreign direct investment inflows, a shift in foreign portfolio investment from net inflow to net outflow, and lower net inflows through non-resident deposits and external commercial borrowings. Foreign exchange reserves declined on a balance-of-payments basis during the quarter.
September 1, 2026
Show AI Summary
Technology-enabled tax compliance and enforcement supported higher commercial tax collections, while GST rate reductions moderated sectoral net GST growth.
Technology-enabled tax administration supported commercial tax and net GST collection growth in Andhra Pradesh during August 2026 and the cumulative period through August. AI-based analytics and scrutiny, IGST reversals, UPI-based enforcement, registration verification, Aadhaar authentication, digital payment enablement, predictive analytics and data sharing strengthened compliance, scrutiny and revenue mobilisation. Petroleum VAT, professional tax, liquor VAT and IGST settlement also increased, while GST rate reductions moderated net GST performance in specified product sectors.

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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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