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    EU-ASEAN Business Council Calls for stronger action on Illicit Trade, highlights India''s Strategic role
    Union Minister of Commerce & Industry Shri Piyush Goyal Announces Task Force to Support Toy Sector, Targets 5% Global Market Share by 2032.
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    July 28, 2026
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    Illicit trade prevention requires coordinated intelligence sharing, risk-based shipment controls and public-private cooperation to protect supply-chain integrity.
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    July 28, 2026
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    Toy-sector competitiveness is advanced through a task force and playbook focused on manufacturing, innovation, quality compliance and exports.
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    July 28, 2026
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    Examination-paper leakage allegations prompt arrest over arranging teacher recruitment candidates' access to leaked questions before the competitive examination.
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    July 28, 2026
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    July 27, 2026
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    Solar wafer and ingot manufacturing expansion in Odisha advances subject to environmental, water and other regulatory approvals.
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    July 27, 2026
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    Homebuyer enforcement measures require developer compliance with deposit, project completion, and disclosure of pending cases.
    Homebuyer enforcement proceedings required the developer and its directors to disclose the status of pending purchaser cases and complete outstanding work in the booked dwelling unit by the specified deadline. Earlier directions required deposit of the recoverable amount with annual interest and warned of coercive consequences for non-compliance. Protective measures included freezing bank accounts, issuing bailable warrants, and preventing creation of third-party rights or transfer of possession. Insolvency proceedings were stated not to impede enforcement of directions concerning the homebuyers' claims.
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    Consumer financing eligibility supports instalment purchases of washing machines through partner stores, requiring in-person application and approval.
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    MBA campus placements across industry-linked management programmes report recruitment activity spanning finance, analytics, technology, supply chain, healthcare and marketing roles.
    Chandigarh University reports MBA placement activity during 2025 and 2026 across banking, information technology, financial technology, healthcare, retail, analytics, consumer goods and automobile sectors. It describes placements in flagship, applied finance and analytics, and industry-collaborated MBA programmes, including marketing, human resources, operations, supply chain, business analytics, digital marketing, financial technology, data science and healthcare management. The release identifies industry collaborations and participating recruiters, and is issued under a PRNewswire arrangement with PTI disclaiming editorial responsibility.
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    UPI-enabled flexi benefits wallets support employee-selected tax-efficient allowances with category controls, compliance monitoring and employer reporting.
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    Section 301 forced-labour import measures impose an additional ad valorem duty on imports from India, with India placed in a lower additional-tariff tier than initially proposed. Specified exports that attract no additional duties, and goods already subject to Section 232 measures, remain outside the Section 301 additional duty. A substantial portion of Indian exports is therefore excluded, while the remaining exports are subject to the additional duty. The textile-specific mechanism has not yet been operationalised, and engagement continues in relation to that mechanism and bilateral trade agreement negotiations.
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    Corporate Mitra Scheme supports MSMEs through accredited professionals delivering affordable compliance, financial, taxation, accounting and governance assistance.
    The Corporate Mitra Scheme seeks to strengthen MSMEs by connecting them with accredited para-professionals providing affordable compliance and business-support services. Corporate Mitras are envisaged to assist with regulatory compliance, finance, taxation, accounting and governance, allowing enterprises to focus on growth. The scheme also trains young graduates in industry-relevant skills and creates employment opportunities. IICA Shillong serves as the nodal agency for coordination, stakeholder liaison, promotion and awareness in the North Eastern Region.
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    Tax administration must deliver timely lawful service, protect public assets, and uphold integrity in tax collection.
    Tax administration should assist common citizens by handling matters within departmental authority without unnecessary delay, while remaining within applicable rules. Government departments should protect public land from illegal occupation and expedite lawful land transfers, permissions, construction arrangements and procurement for departmental premises and accommodation. Integrity is the essential principle for officials performing tax-collection functions.
    July 26, 2026
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    Investment fraud and forged residence certificates prompted chargesheets over alleged misappropriation, fabricated revenue records, land purchases and employment access.
    Criminal chargesheets concerned alleged investment fraud through false promises of high returns and alleged misappropriation of investor funds, involving a company stated to be unregistered with SEBI, RBI and the relevant Registrar of Companies. A separate chargesheet concerned alleged conspiracy to procure permanent resident certificates using forged revenue records, with the certificates allegedly used for land purchases and government employment. Forensic examination reportedly found that the relevant revenue documents were not genuine according to official records.
    July 25, 2026
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    Money-laundering allegations in online rummy gaming prompt prosecution proceedings and asset attachment over suspected cheating of users.
    Money-laundering proceedings concerning online real-money rummy operations include a prosecution complaint against Gameskraft Technologies, RummyTime Technologies, founder-directors and associated persons. The allegations concern proceeds of crime said to arise from cheating users through rummy applications and from an addictive environment encouraging repeated wagering. The proceedings also involve provisional attachment, seizure and freezing of financial holdings, equity interests and immovable properties alleged to be connected with suspected proceeds of crime. The founder-directors' arrests were declared invalid by the Karnataka High Court, while the investigating agency proposes to challenge that order.
    July 25, 2026
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    Banking financial performance reflected loan and deposit growth, improved asset quality, stronger margins and prudent contingency provisioning.
    Quarterly financial performance reflected growth in customer business, loans and deposits, expansion in lending portfolios, an improved CASA ratio and lower cost of funds. Asset quality improved through reductions in gross and net non-performing assets, while profitability indicators improved in relation to net interest margin, cost efficiency, provisions, net profit and return on assets. The bank received credit-guarantee claims for its microfinance portfolio and created a contingency provision for macroeconomic and geopolitical uncertainty. Capital adequacy and common equity tier-one ratios were also reported.

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      Par panel discusses issues related to MGNREGA, ways to adopt G RAM G Act in 6 months

      December 29, 2025

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      New Delhi, Dec 29 (PTI) A parliamentary panel on Monday examined various aspects of the UPA-era rural job guarantee law MGNREGA, which has now been replaced by the Narendra Modi government's VB-G RAM G Act, and how to move ahead in the next six months for a smooth transition to the new legislation.

      Sources said most members of the Parliamentary Standing Committee on Rural Development and Panchayati Raj talked about ways to be adopted in the next six months for smooth transition when the government shifts work policies from MGNREGA to the Viksit Bharat-Guarantee for Rozgar and Ajeevika Mission (Gramin) Act (VB-G RAM G), how the payments would be made to beneficiaries during this period and how additional budgetary support would be arranged.

      Committee Chairperson and Congress leader Saptagiri Ulaka said the members discussed various aspects of MGNREGA threadbare and how to go about in the next six months, as the new law will be implemented only when the rules are framed.

      He said that the members intend to discuss MGNERGA in the Budget session too, and for all these, there was a briefing session from the Ministry of Rural Development.

      "We had a good discussion. The new law has been passed but new rules have to be issued. All states will also have to come on board.

      "Today's meeting was on how to go about a smooth transition to the VB-G RAM G Act. Some members have given some suggestions too. We will give a report, then everything will be clear before you," he told reporters after the meeting.

      Ulaka said in a post on X that the meeting took stock of the current and evolving framework of MGNREGS, especially in the context of the new legislative arrangement (VB-G RAM G) and its implications for the scheme and rural livelihoods.

      Ulaka later told PTI that discussions were held in detail about the MGNREGA and VB-G RAM G and mainly about the old law which will lapse and the new legislation will come into effect.

      He said the members also discussed whether MGNREGA was still alive or not. It was said that the law would be in existence for six months, work could be demanded and there would be a budgetary provision.

      "It's not true that members supported the VB-G RAM G. Many issues came up, but everything can't be made public. The meeting was about MGNREGA, what is the stance and what is going to be its future," he said.

      Ulaka said the panel discussed how MGNREGA would work in future and during the transition period.

      "The meeting of the committee would be called again; we will further discuss it," he said.

      According to the sources, some members said it would take at least six months to implement the VB-G RAM G Act, as it will be implemented only after the rules are framed and they discussed what the new system and framework would look like.

      The Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) was passed by the Congress-led UPA in 2005. The VB-G RAM G Bill was passed in Parliament during the recently concluded Winter session amid vociferous protests by the opposition. The new Act has a provision for 125 days of wage employment for rural workers.

      Several members expressed concern that the enrolment under the old law was only around 50 per cent in many states and no member opposed the VB-G RAM G Act during the meeting, the sources said.

      Some opposition members admitted that there were certain shortcomings in the MGNREGA for which the committee had earlier made certain recommendations like extending the workdays from 100 to 150 days, they said.

      Some members also demanded that whatever recommendations were made by the committee earlier should be considered while preparing the rules for the VB-G RAM G Act, according to the sources.

      BJP MPs said the new legislation was needed since the existing law could not address the current problems of villages and basic infrastructure development in rural areas.

      The sources said that during the meeting, some MPs spoke about the reasons for bringing the VB-G RAM G Act. They suggested that the MGNREGA was brought with the twin objectives of providing rural jobs and developing the rural infrastructure but those objectives were not achieved. That is why the VB-G RAM G Act was brought by the government, they sources said.

      The BJP members also said there were examples from several states where even 50 per cent of the MGNREGA funds could not be utilised by the governments there.

      During the meeting, the secretary of the Ministry of Rural Development gave a presentation on the MGNREGA.

      According to the presentation, the sources said, except for Delhi and Chandigarh, MGNREGA is implemented in 741 districts, covering 2.69 lakh gram panchayats with 12.15 crore active workers.

      Of these, women constitute 57 per cent, SC/ST workers 36 per cent and 4.81 lakh persons with disabilities have also been provided employment. At present, more than 15 crore families with 26 crore beneficiaries are covered under the scheme, the sources said. PTI ACB KSS KSS

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