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    Bengaluru customs arrest passengers for smuggling ganja, gold at airport
    Third-country goods routed via New Zealand into India won't get FTA duty benefits
    Govt urges bank employees to refrain from strikes, resolve issues through dialogue
    Ex-Punjab DIG Bhullar case: ED arrests 'middleman' Kirshanu Sharda for corruption
    RBI revises foreign currency deposit inflows under FCNR(B) upward to USD 133 bn
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    Haryana plans Rs 2,295-crore rural infra push
    IPL betting syndicate: ED arrests 'principal bookie' in Guwahati money-laundering case
    ED chargesheets EaseMyTrip promoter Nishant Pitti in Mahadev betting app case
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    India's Semiconductor Market Projected to Grow Threefold to USD 200 billion by 2035: EY-IESA Report
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    Supporting PM Modi's call, IIFL Finance's Mayank Sharma believes recycling household gold is the fastest way to cut import bill
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September 21, 2026
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Airport smuggling enforcement targets concealed ganja and gold, leading to passenger interceptions and arrests under customs law.
Customs enforcement at Bengaluru airport involved interception and arrest of passengers allegedly attempting to smuggle hydroponic ganja and gold by concealing the goods in cabin baggage, other baggage, undergarments, or on the body. Cases involved arrivals from Vietnam, Bangkok, Kuala Lumpur, and Abu Dhabi. The Abu Dhabi gold-ornament case involved an arrest under the Customs Act.
September 21, 2026
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Rules of origin prevent third-country transshipment from receiving preferential tariffs under bilateral trade arrangements between partner economies.
India-New Zealand free trade preferences apply only to goods satisfying Rules of Origin. Third-country goods routed through New Zealand cannot receive preferential Indian tariff treatment, as bilateral cumulation is confined to originating materials and goods of India and New Zealand. Sensitive sectors receive no duty concessions, while a bilateral safeguard mechanism addresses sudden import surges after duty elimination or reduction. Temporary Employment Entry, student mobility commitments, post-study work opportunities, and exemption from directly funded social-security contributions for temporary Indian residents form part of the services framework.
September 21, 2026
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Banking service continuity is prioritised through dialogue as employee welfare measures and wage negotiations address outstanding demands.
Banking-sector industrial relations are addressed through an appeal to bank employees to avoid strike action and pursue outstanding demands through dialogue, in order to keep banking services uninterrupted. Most union concerns are considered substantially addressed, while a remaining demand continues to be examined. The demand for withdrawal of the Performance Linked Incentive scheme had been addressed by placing that scheme in abeyance following detailed discussions. Employee welfare measures, wage revisions, and negotiations for the forthcoming Bipartite Settlement are intended to support workforce welfare and banking-sector efficiency.
September 21, 2026
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Money-laundering investigation addresses alleged use of a middleman to demand, receive, move and conceal corruption proceeds.
Money-laundering proceedings were initiated from corruption FIRs alleging that a middleman was used to demand and receive illegal gratification. Investigation concerns the alleged facilitation of receipt and movement of funds, supported by searches yielding cash seizure and freezing of financial accounts. Financial records and digital devices allegedly indicated unexplained deposits, investments, transactions involving the officer, and possible involvement of other public servants. The inquiry is tracing alleged proceeds of crime and the role of associated persons and entities.
September 21, 2026
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FCNR(B) foreign-currency deposits use a swap facility to mobilise non-resident funds without direct rupee exchange-rate risk.
RBI's special USD-INR foreign-exchange swap facility mobilised foreign-currency inflows through FCNR(B) deposits, Overseas Foreign Currency Borrowings and External Commercial Borrowings. The FCNR(B) deposit window closed on 31 August 2026 after its mobilisation objective was achieved, while the facility remained available for the other two channels until 31 December 2026. FCNR(B) collections were revised upward to approximately USD 133 billion. Such deposits are fixed-term foreign-currency deposits with principal and interest repayable in the same currency, avoiding direct rupee exchange-rate risk for non-resident depositors.
September 21, 2026
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GST bribery investigation concerns alleged illegal gratification sought to resolve quarry firm's tax and royalty proceedings.
GST-related corruption allegations concern an alleged demand for illegal gratification from a stone-quarrying firm to resolve GST and royalty proceedings. A Customs House Agent was apprehended in a trap operation while allegedly accepting the negotiated amount on behalf of a CGST Superintendent and an Additional Commissioner. Custody proceedings involved written communication of arrest grounds and intimation to relevant family members and advocates.
September 21, 2026
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Rural infrastructure financing supports irrigation, roads, water supply, warehousing and micro-irrigation through structured lending and implementation oversight.
Haryana's 2026-27 rural infrastructure financing plan comprises six proposals for irrigation, roads, drinking-water supply and warehousing, with loan assistance proposed under the Rural Infrastructure Development Fund. Infrastructure Development Assistance has been sanctioned for the India International Horticulture Market, while further micro-irrigation proposals have been recommended under the Micro Irrigation Fund. Implementation oversight emphasises faster project execution and timely drawal claims, alongside borrowing approval and prospective support for water security, groundwater recharge, efficient irrigation and treated-wastewater reuse.
September 21, 2026
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Money laundering allegations in illegal cricket betting prompted investigative custody and examination of suspected routing of betting proceeds.
Money-laundering investigation into an organised illegal cricket-betting syndicate concerns the alleged use of online platforms, encrypted messaging channels, and a principal bookie to solicit, accept, and settle bets. Betting-derived funds were allegedly routed through a partnership firm represented as non-operational, whose account recorded substantial corresponding credits and debits. Property and vehicle records, digital data, and statements under the PMLA are relied upon to allege the acquisition, possession, use, transfer, and projection of proceeds of crime as untainted property.
September 21, 2026
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Money laundering allegations concern foreign portfolio investments, alleged share-price manipulation, attachment, and proposed confiscation of betting proceeds.
PMLA proceedings name Nishant Pitti in relation to allegations that proceeds from illegal online betting were introduced into Indian equity markets as foreign portfolio investments. The allegations attribute to him a role in facilitating and layering such proceeds through pre-arranged share-price manipulation involving Easy Trip Planners Ltd. Property action includes provisional attachment of his DEMAT shares, described as proceeds of crime, and a request for confiscation.
September 21, 2026
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National accounts modernisation adopts updated data sources, revised sector methods, and proportional Denton benchmarking for improved GDP estimates.
National Accounts Statistics in the new series use base year 2022-23, replacing the 2011-12 series. The series was updated to reflect changes flowing from the new Producer Price Index and Index of Industrial Production series. Methodological modernization expands corporate and financial-sector data coverage, refines general-government treatment, and adopts direct household-sector estimation from the Annual Survey of Unincorporated Sector Enterprises and the Periodic Labour Force Survey. Private Final Consumption Expenditure adopts COICOP 2018, while Quarterly National Accounts use the Proportional Denton approach and greater Goods and Services Tax and administrative-data use.
September 21, 2026
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Electoral roll verification requires unmapped voters to establish linkage or submit prescribed documents before final enrolment.
Special Intensive Revision of Nagaland's electoral roll applies a mapping and verification process by reference to the 2005 electoral roll. Electors recorded under no-mapping or mapping-anomaly categories, including persons unable to establish linkage to an elector in the 2005 roll, are to receive notices from Electoral Registration Officers or Assistant Electoral Registration Officers. They must furnish prescribed supporting documents, calibrated to their date or year of birth, for verification. Non-registration in the 2005 roll does not itself cause automatic exclusion.
September 21, 2026
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Trade pact negotiations and Russian energy tariffs shape market-access commitments and potential import-duty exposure for exporters.
India and Canada have accelerated negotiations for a Comprehensive Economic Partnership Agreement to establish a bilateral trade framework for goods and services. A United States law concerning sanctions on Russia and Iran authorises tariffs of up to 100 per cent on imports from leading purchasers of Russian crude oil or natural gas, creating potential tariff exposure for Indian exports. The India-European Union trade pact contemplates immediate duty elimination on 90 per cent of Indian goods and phased elimination on a further three per cent over seven years, subject to ratification.
September 21, 2026
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Semiconductor ecosystem policy requires predictable regulation, integrated clusters, and coordinated support to convert domestic demand into local value creation.
Semiconductor ecosystem development in India is centred on converting expanding domestic demand into local manufacturing, innovation and supply-chain resilience. A predictable fiscal and regulatory environment, alignment of central and state semiconductor policies, integrated manufacturing clusters and talent-certification programmes are important to project viability and commercialisation. Advanced packaging, compound semiconductors, photonics and chip-to-system integration offer high-potential areas, requiring policy certainty, streamlined approvals and long-term support for research, talent and supplier development.
September 21, 2026
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Legal and NPA advisory services receive recognition for social welfare, women's employment, legal awareness, and financial dispute-resolution work.
Felicitation of Advocate V. K. Dubey recognised his stated work in women's employment, public welfare, banking, NPA resolution, legal awareness, and social service. His profile encompasses civil, criminal, non-performing asset, banking, corporate, and settlement matters; leadership of bodies engaged in financial-dispute resolution; and legal assistance and public awareness intended to improve access to justice for marginalised persons. Associated initiatives include education and support for disadvantaged communities and wider social empowerment.
September 21, 2026
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Rupee appreciation reflected lower crude oil prices, stronger domestic equities, and improved risk sentiment amid diplomatic expectations.
Rupee appreciation against the US dollar followed lower crude oil prices, improved global risk sentiment, positive domestic equity markets, and softer US Treasury yields. Dollar index strength, geopolitical developments, and possible increases in oil supplies remained relevant to currency movements. Market commentary anticipated a slight positive rupee bias if crude oil prices continued to ease, while renewed geopolitical tensions could weaken risk sentiment. Net foreign institutional investment and a decline in foreign exchange reserves also formed part of the market context.
September 21, 2026
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Reciprocal tariffs and AI incident notifications frame bilateral talks on trade, security, technology and arms sales.
US sanctions legislation authorises the President to impose tariffs, including up to 100 per cent, on countries purchasing Russian oil and gas. China rejects tariffs directed at its Russian energy purchases and opposes unilateral sanctions and long-arm jurisdiction absent an international-law basis or a UN Security Council mandate. Washington and Beijing are also negotiating a reciprocal tariff-reduction framework covering products from both sides.
September 21, 2026
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Gold recycling and financialisation can reduce import dependence by mobilising household holdings through exchange, credit and non-physical investment.
Organised gold recycling, responsible sourcing, gold loans and financialised gold products are identified as ways to reduce reliance on fresh gold imports. Exchanging old jewellery can meet retail demand from existing domestic holdings, while gold loans unlock credit without requiring households to sell their gold. Gold ETFs and digital gold permit exposure to gold's value without physical possession and may reduce physical import demand. Transparency, trust and supporting infrastructure are necessary to integrate household gold into an organised formal economy.
September 21, 2026
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Tribunal infrastructure and member vacancies: amenities assessment and bench-level data collection address reduced sittings across company-law benches.
The Supreme Court required the Central Government urgently to identify, in consultation with the Tribunal President, infrastructural amenities needed by tribunal benches. The Principal Bench Bar Association was required to compile tabulated infrastructure data for every regional bench. At least 18 benches were asserted to conduct half-day sittings because of member shortages, against a sanctioned complement that remained unchanged despite expanded insolvency jurisdiction.
September 21, 2026
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Duty-free access for Indian exports under the India-New Zealand trade agreement begins with its entry into force.
The India-New Zealand Free Trade Agreement will grant duty-free access in New Zealand to all Indian exports, displacing existing peak tariffs on products such as ceramics, carpets, automobiles, and auto components. Scheduled to enter into force on 20 October 2026, the agreement also includes New Zealand's long-term investment commitment in India.
September 21, 2026
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Tariff sanctions and AI trade consultations examine reciprocal tariff reduction amid energy-purchase measures and objections to unilateral sanctions.
Expanded sanctions and tariff measures form the immediate trade-policy backdrop. The Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 authorises expanded sanctions and tariffs targeting Russia and countries that buy its energy exports. China contests the application of tariffs to its purchases and opposes long-arm jurisdiction and unilateral sanctions asserted without a basis in international law or a UN Security Council mandate. Parallel negotiations contemplate a reciprocal tariff-reduction arrangement.

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Best Crypto to Buy Now December 2025: Bitcoin's Quantum Uncertainty Sparks Rush Toward DeepSnitch AI as Presale Hits $870K+

December 23, 2025

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As the quantum computing debate heats up, Bitcoin developers and venture capitalists are clashing over the future of crypto security. Bitcoin core dev Jameson Lopp warns that migrating BTC to post-quantum standards could take a decade, an upgrade too slow for some investors. With uncertainty clouding crypto’s biggest coin, traders are on the hunt for the next crypto to 100x. One clear frontrunner is DeepSnitch AI, an early-stage AI presale already up 96% with over $870,000 raised. It’s positioning as the best crypto to buy now, thanks to its working AI agents, and growing retail momentum. Bitcoin's quantum future sparks concern… and the hunt for the next crypto to 100x Bitcoin may be the world’s most secure network today, but quantum computing could flip that on its head. Jameson Lopp, Bitcoin Core developer and co-founder of Casa, warned this week that upgrading BTC to post-quantum security could “easily take 5 to 10 years.” He emphasized that Bitcoin’s decentralized protocol complicates swift consensus on upgrades, unlike centralized systems. While Lopp and Blockstream CEO Adam Back agree that quantum threats are not immediate, others are sounding alarms. Charles Edwards, founder of Capriole Investments, cautioned that Bitcoin’s price could slide below $50,000 if no upgrade is in place by 2028. This uncertainty has fractured the Bitcoin community, pitting OGs and maximalists against VCs who say the risk is real. It’s also driving a shift in investor focus toward trending coins this week that offer advanced, utility-driven tech, like DeepSnitch AI, which many see as a potential next crypto to 100x. 3 best cryptos to buy now 1. DeepSnitch AI (DSNT): Top pick for best crypto to buy now surges 96% ahead of January 2026 launch In a market shaken by Bitcoin's uncertain quantum timeline, DeepSnitch AI is emerging as a clear contender for the best crypto to buy now. Built for the retail investor, this AI-powered project deploys five intelligent agents to help users detect scams, trace wallet patterns, and monitor high-risk activity, giving everyday traders tools once reserved for insiders and institutions. Three AI agents are already live, alongside a functional dashboard. This makes DeepSnitch AI one of the few presales with real-time utility before launch. With Stage 3 fundraising now exceeding $870,000 and the token price rising 96% from its base of $0.01510 to $0.02961, DeepSnitch AI is proving its early potential as the next crypto to 100x. Plus, with the new addition of Christmas bonus codes, DSNTVIP50 (for 50% bonus on purchases above $2,000) and DSNTVIP100 (for 100% bonus on purchases above $5,000), there has never been a better time to position early ahead of the January 2026 launch date. https://youtu.be/r-O5_KQHAUE?si=SPVDdlrh3lHXcrgg 2. RaveDAO: Hot contender for best crypto to buy now surges 153% in 7 days RaveDAO (RAVE) has exploded this week, soaring 153% in the past 7 days to hit $0.6966 on December 22nd, driven by high-profile listings on OKX and Binance Futures. A new partnership with OKX Wallet also boosted DeFi access and token liquidity, contributing to over $62 million in 24-hour trading volume. Despite the surge, some analysts question whether RAVE can sustain this pace, especially with its fully diluted valuation nearing $700 million. While short-term momentum is strong, it may struggle to deliver long-term 100x potential compared to smaller, utility-rich tokens like DeepSnitch AI. 3. Pudgy Penguins: Strong brand, weak price action despite NFT dominance Pudgy Penguins (PENGU) continues to thrive as a cultural NFT icon, recently topping weekly NFT sales and launching branded merchandise at Art Basel and with AdamBombSquad. But despite the media buzz, the token has struggled, dropping 14.1% over the past 7 days to around $0.00916 on December 22nd. With a fully diluted valuation of $728 million, some investors view the current dip as a correction after speculative highs. Yet without a new utility for the token itself, PENGU remains vulnerable to sentiment shifts, unlike DeepSnitch AI, which is backed by live AI features and rising demand. What’s the verdict? With Bitcoin’s future clouded by long-term quantum concerns, traders are shifting to high-upside altcoins with real-time utility. While RAVE and PENGU are stirring some hype, only DeepSnitch AI combines active AI tech, low entry pricing, and potential as the next crypto to 100x, making it our top pick for best crypto to buy now. At $0.02961 with a 96% gain already locked in, this presale still has serious runway left. And with DSNTVIP50 and DSNTVIP100 bonus codes active until January 1st, the timing couldn’t be better. Visit the official website for more information, and join X and Telegram for community updates. FAQs What crypto is best to invest in right now? Many see DeepSnitch AI as the best crypto to buy now thanks to its working AI tools, rising presale gains, and real-world use case. With quantum concerns hanging over Bitcoin, retail traders are backing utility-first projects with room to grow. What crypto under $1 will explode? DeepSnitch AI, priced at just $0.02961, is one of the trending coins this week with real product delivery and strong momentum. With three AI agents already live, it’s being watched closely as the next crypto to 100x when it launches in January 2026. Which crypto has 1000x potential? While no outcome is guaranteed, many believe that early-stage projects like DeepSnitch AI, with low initial pricing, rapid presale growth, and real-world application, have a stronger chance than hype-driven meme coins. As traders look for the next crypto to 100x, DSNT consistently ranks among the best crypto to buy now. Disclaimer: Trading cryptocurrencies/digital assets carries a high level of risk, and may not be suitable for all investors. You should be aware of all the risks associated with cryptocurrency/digital asset trading, and seek advice from an independent financial advisor. Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary, and does not constitute investment advice. The website or its publishers will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.The above content is published as received and has not been edited by the channel staff. The channel holds no responsibility for its content. (Disclaimer: The above press release comes to you under an arrangement with PNN and PTI takes no editorial responsibility for the same.). PTI

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