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    NUMR Inc. helps deliver Axis Bank's data-driven excellence in customer experience
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August 21, 2026
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Customer experience analytics enables banks to convert real-time feedback into operational improvements across high-value customer journeys.
Customer experience analytics is used in banking to transform customer data and real-time feedback into operational improvements across key customer journeys. Operational teams retain responsibility for strategy and execution, supported by in-house analytics and technology platforms for multi-channel journey mapping, journey analytics and prioritisation of high-value customer segments. AI-driven customer experience management tools capture customer signals, analyse journey performance and operationalise actionable insights across teams.
August 21, 2026
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Predicate-offence dependency limits retrospective addition of old FIRs to preserve money-laundering proceedings after the original scheduled offence is closed.
Predicate-offence dependency under the Prevention of Money Laundering Act requires an ECIR to rest on a subsisting scheduled offence. Closure of the FIR forming its basis through an accepted cancellation report prevents continuation of money-laundering proceedings unless that closure is overturned. A previously registered FIR cannot be belatedly added merely to preserve an existing ECIR and coercive powers. Where statutory requirements are met, an independently registered ECIR may be required. Expansion of an ECIR cannot rest solely on tenuous factual links between successive disputes.
August 21, 2026
Show AI Summary
Indian rupee export invoicing rules now permit overseas contracts and invoices in rupees or foreign currency for eligible destinations.
Foreign Trade Policy provisions were amended to facilitate invoicing of overseas exports and receipt of export payments in Indian rupees. For exports to countries outside the Asian Clearing Union, export contracts and invoices may be denominated in Indian rupees or any foreign currency, replacing the earlier general requirement that export earnings be received in a freely convertible currency. The applicable requirements vary according to the destination country.
August 21, 2026
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Dealer inventory financing supports working-capital flexibility, vehicle inventory management and electric-vehicle network expansion for authorised dealers.
Dealer inventory financing is to be provided by Federal Bank to VinFast India's authorised dealer network under a memorandum of understanding. The tailored financing is intended to improve dealers' working-capital flexibility, support maintenance of vehicle inventory, strengthen operational capability, and enable timely response to demand as the electric-vehicle distribution network expands.
August 21, 2026
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Sugar supply pressures drive festive-season price increases as imports, stockholding limits and ethanol diversion shape market conditions.
Sugar prices in Bengal have risen sharply ahead of the festive season, with higher prices also affecting jaggery and other sugar-derived products. Supply constraints, mill stock releases, lower production in Brazil, ethanol diversion and possible hoarding have been identified as contributing factors. Raw-sugar imports have been permitted to augment availability, while stockholding restrictions limit inventories of specified bulk consumers. Lower projected closing stocks and possible future production effects from El Nino may sustain pressure on sugar availability and increase costs for sweetmeat producers.
August 21, 2026
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Foreign currency inflows and FCNR(B) deposits supported rupee sentiment, while oil prices and geopolitical risks constrained currency strength.
The rupee strengthened marginally against the US dollar as the dollar index softened, but elevated crude oil prices, geopolitical uncertainty, reduced foreign participation and net foreign equity outflows constrained currency sentiment. RBI measures to attract foreign currency inflows, including FCNR(B) deposits, were expected to generate substantial inflows, although these had not produced meaningful rupee strength. Energy-market disruption and restrictions on fuel exports through the Strait of Hormuz added to external-sector pressures.
August 21, 2026
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Sovereign security production priorities emphasise compliance, modernisation, employee innovation and operational excellence across currency, passport and coinage manufacturing.
SPMCIL performs a sovereign production mandate covering secure currency, coinage, passports and other products of national importance through its mints, currency presses, security presses and paper mill. Modernisation, compliance, transparency, efficiency, productivity, quality and corporate governance support the fulfilment of sovereign requirements. Individual employees and units were recognised for performance in productivity, environment and safety, energy conservation, knowledge and development, vigilance, and official-language implementation.
August 20, 2026
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Customs enforcement against suspected gold smuggling leads to baggage seizure and apprehension of the alleged intended receiver.
Customs officers intercepted an arriving passenger at the green channel on intelligence inputs and examined baggage after X-ray screening indicated suspicious images. The examination recovered two oval capsules containing gold paste concealed in the baggage. Interrogation indicated that an alleged receiver was waiting outside the airport to collect the suspected smuggled gold. Customs officers apprehended the alleged receiver, and further investigation remains underway.
August 20, 2026
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Provincial alcohol sales restrictions remain subject to economic impact assessment under proposed bilateral trade agreement negotiations.
Provincial control over alcohol distribution remains distinct from federal trade-making authority. Quebec retains authority over whether United States alcohol is offered through its government-controlled liquor distribution system, despite lacking a veto over a bilateral trade agreement. Federal requests to restore United States alcohol to retail shelves cannot compel provincial action. Proposed trade commitments also concern restrictions on United States agricultural products and Canada's dairy import regime, which applies lower tariffs within designated import volumes and higher duties beyond those volumes.
August 20, 2026
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Electoral-roll verification found no reported cases of specified foreign nationals receiving identity-linked benefits or voter registration.
Electoral-roll special intensive revision recorded no reported cases of Pakistani, Bangladeshi or Iranian nationals obtaining Aadhaar cards, ration cards, other government benefits, or voter registration. Illegal immigrants are identified through police monitoring, intelligence measures, specialised operations and a Special Task Force. Overstayers are recorded through the District Police Module and Foreigners Identification Portal and produced before Foreigners Regional Registration Officer authorities. Persons found to be residing illegally are reported to the concerned central divisions, proceeded against through registered cases, retained pending case disposal and exit permits, and subjected to deportation steps.
August 20, 2026
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Raw sugar tariff-rate quota permits duty-free imports while bulk consumers face consumption-based sugar stockholding limits.
Raw sugar imports are permitted duty-free under a tariff rate quota until 31 October 2026, with online allocation to eligible millers and refiners having functional refining capacity. Applicants must provide a refining-capacity declaration and supporting Consent to Operate; preference applies to importers undertaking timely completion of imports, while non-utilisation or failure to surrender allocations constitutes non-compliance. Bulk sugar consumers meeting the prescribed consumption threshold are subject to a stock cap of 15 days' consumption from 1 September to 30 November 2026.
August 20, 2026
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Duty-free raw sugar imports under tariff rate quota seek to improve domestic supply and contain rising sugar prices.
Duty-free import of 10 lakh metric tonnes of raw sugar is permitted under a tariff rate quota until 31 October 2026. The import-policy measure seeks to increase domestic raw-sugar availability and restrain rising local prices amid reduced opening stocks. Price-containment measures also include a stockholding limit for bulk consumers using more than 10 tonnes of sugar monthly, restricting holdings to 15 days' consumption.
August 20, 2026
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Reservation policy implementation is strengthened through capacity building, uniform institutional practices, welfare measures, and improved financial accessibility for Divyangjans.
Reservation policy implementation across Public Sector Banks, Public Sector Insurance Companies, sectoral regulators and Public Financial Institutions is being strengthened through a capacity-building workshop. The programme seeks uniform and effective application of Government reservation policies and related welfare measures. Senior human-resource functionaries and Chief Liaison Officers considered practical implementation issues, actionable measures for consistency, and operational concerns. It also focuses on improving accessibility of financial services for Divyangjans.
August 20, 2026
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August 20, 2026
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India-Singapore economic cooperation advances through trade, investment, technology and business linkages, including agriculture, fintech and sustainable infrastructure collaboration.
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August 20, 2026
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Responsible AI banking requires human oversight, explainable customer decisions, fair conduct, resilient systems and inclusive credit access.
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August 20, 2026
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Multi-Currency EEFC settlements let exporters retain foreign earnings and choose conversion timing for overseas payment obligations.
Multi-Currency EEFC Account settlements enable exporters and international businesses to receive payment settlements directly into Exchange Earners' Foreign Currency accounts in the original transaction currency without immediate conversion into Indian rupees. Retention of foreign currency earnings permits businesses to choose when conversion is required, reducing repeated foreign-exchange conversion cycles and supporting management of foreign-currency cash flows and overseas obligations.
August 20, 2026
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Power semiconductor foundry expansion targets Indian fabless customers through technology showcasing, process development, and collaboration in the growing semiconductor market.
DB HiTek seeks to expand foundry business with Indian fabless semiconductor companies by showcasing power semiconductor and specialised process technologies. Its commercial focus includes BCD processes for automotive and industrial applications, together with silicon-carbide and gallium-nitride process development and planned volume production. Product-performance evaluations are underway with strategic customers. Customer expansion also covers X-ray, global-shutter, single-photon avalanche diode, specialty CIS, and mixed-signal/RF processes, supported by collaboration with local fabless firms.
August 20, 2026
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Money-laundering allegations over payments without services raise concerns about overseas transfers, identity-linked communications, and mineral smuggling.
Money-laundering allegations concern claimed payments by Cochin Minerals and Rutile Ltd. to Exalogic Solutions Pvt. Ltd., a company promoted by Veena T., without corresponding services. Searches reportedly yielded handwritten material referring to fund transfers to Dubai and digital material relating to a SIM card obtained in another person's name. Further allegations included overseas fund movement, hawala transfers, and possible thorium or monazite smuggling, all presented as allegations requiring examination.
August 20, 2026
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Exchange stabilisation support aims to strengthen foreign-exchange resilience, reduce rollover dependence and restore access to longer-term market financing.
Pakistan has sought a proposed Exchange Stabilisation Support Facility to reinforce foreign-exchange stability and signal currency resilience to international capital markets. The strategy seeks to reduce reliance on short-term bilateral loans, deposits and rollovers by moving towards market-based financing with longer repayment periods. Improving sovereign creditworthiness through engagement with credit-rating agencies is intended to facilitate international market access, lower borrowing costs and enable longer-maturity debt raising.

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Corp. Laws / SEBI / IBC

Crime falls 6.17 pc in 2025, economic offences rise in Andhra: DGP

December 29, 2025

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Amaravati, Dec 29 (PTI) Andhra Pradesh Director General of Police Harish Kumar Gupta on Monday said crime in the state declined by 6.17 per cent in 2025, reflecting strengthened policing, even as economic offences increased by 4.78 per cent, crossing 8,000 cases.

Addressing the Annual Press Conference-2025, the DGP said total cases fell from over 1.1 lakh in 2024 to 1.03 lakh during the current year.

"Crime in Andhra Pradesh declined by 6.17 per cent due to strengthened policing and focused enforcement," Gupta said, highlighting improvements in law and order and conviction outcomes.

Comparative data showed rioting cases declined from 534 to 246, marking a 53.88 per cent reduction. Bodily non-law-and-order crimes fell from 22,358 to 20,075, a decline of 10.21 per cent, he said.

Property crimes reduced marginally from 17,630 to 17,406 cases, while crimes against women declined from 16,994 to 16,347.

Offences against Scheduled Castes and Scheduled Tribes fell from 2,402 to 1,818, he added.

NDPS (Narcotic Drugs and Psychotropic Substances) cases declined from 1,875 to 1,727, while economic offences rose from 7,667 to 8,034, registering a 4.78 per cent increase statewide.

Cybercrime cases under the IT Act fell from 2,877 to 2,332, a decline of 18.94 per cent. Road accidents also reduced from 18,430 to 17,730 during the year.

The DGP said major cybercrime gangs operate from China, with fraud proceeds transferred abroad immediately, making recovery extremely difficult.

Bodily offences, including murder, kidnapping, grievous hurt, simple hurt and attempt to murder, declined during the year, though cases of culpable homicide not amounting to murder saw a slight increase, he said.

Under the drive against rowdies, police maintained 26,518 rowdy sheets, enforced 153 PD Act cases, carried out 15 externments, and bound over 11,728 persons across the state.

Property offences involving murder for gain, dacoity and robbery declined from 339 to 304 cases. While house-breaking by day recorded a marginal increase, house-breaking by night fell from 3,191 to 3,090 cases.

Thefts declined from 13,276 to 13,176, with a detection rate of 56 per cent and a recovery rate of 55 per cent, compared to the national detection rate of 33.8 per cent.

Women's safety data showed cases of rape and murder or gang rape fell from 14 to five, while murders of women declined from 40 to 25 statewide in 2025. Gupta said cybercrime, offences against women and controlling drug trafficking remained major challenges for the Andhra Pradesh Police.

Marital offences declined from 10,049 to 9,861 cases. Rape cases fell marginally, assaults on women declined from 5,388 to 4,974, and cyber crimes against women reduced from 25 to 15.

Overall, crimes against women declined by 3.8 per cent, while POCSO (Protection of Children from Sexual Offences) cases fell from 2,120 to 1,879, reflecting improved reporting and investigation.

Convictions in crimes against women and POCSO cases totalled 510, including seven death sentences, 126 life imprisonments, ten 25-year sentences, 102 20-year sentences, 65 10-year sentences, 29 sentences ranging from five to seven years, and 52 sentences of less than five years. Thirteen convictions involved minors, he said.

The Women Safety Wing reported that ITSSO (Investigation Tracking System for Sexual Offences) efficiency improved from 48 per cent to 78.47 per cent, with 4,837 sexual offender sheets opened statewide.

The Shakti WhatsApp number received 6,508 complaints, of which 105 were actionable, leading to 17 FIRs. Additionally, 12.95 lakh women received self-defence training in schools and colleges.

Under Operation Trace, police traced 1,262 girls and 2,648 women over four months. Rescued children were re-admitted to schools and provided rehabilitation support.

Drug enforcement efforts resulted in 9,478 arrests, seizure of 1,525 vehicles, 31,448 awareness programmes, attachment of assets worth Rs 9.11 crore, and booking of 75 PIT NDPS cases.

Under the EAGLE framework, police destroyed 99,836 kg of ganja and 96.45 litres of hashish oil, geo-tagged 858 hotspots, mapped 85 checkpoints, formed over 40,000 EAGLE clubs, and conducted 19,400 awareness drives.

Operation Chaitanyam achieved zero ganja cultivation in the ASR district, while Operation Garuda detected 156 non-compliant medical shops. Railway operations led to the seizure of 189.5 kg of ganja and the arrest of eight interstate traffickers.

Forensic performance at the Andhra Pradesh Forensic Science Laboratory (APFSL) recorded the lowest pendency of 1,684 cases, with a disposal rate of 93 per cent. NDPS cases were processed within 14 days, and other cases within 21 days.

DNA accuracy exceeded 95 per cent and blood group accuracy over 86 per cent, contributing to convictions in more than 70 per cent of cases.

Emergency Response Services–112 reduced response time from 30 minutes in May to 15.53 minutes in November, outperforming the national benchmark of 17.26 minutes, Gupta said.

Technology-driven enforcement included the deployment of 347 drones, detection of 6,993 cases, installation of 1.4 lakh CCTV cameras, and recovery of 35,116 mobile phones worth Rs 56.42 crore.

Gupta said the Andhra Pradesh Police were pursuing technology-led, future-ready policing focused on improved convictions, faster response times, stronger forensics and citizen-centric service delivery.

Responding to a query on accused being paraded on roads, the DGP said police stations lacked patrol vehicles in certain cases, and accused were escorted on foot to ensure timely production before courts, while maintaining that effective policing continued. PTI MS GDK SSK

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