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August 12, 2026
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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
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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
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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
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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
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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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PMLA / Black Money

Cases of Red Fort blast, National Herald and IRCTC 'scam' kept Delhi courts busy in 2025

December 31, 2025

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New Delhi, Dec 31 (PTI) Cases involving political bigwigs including Sonia Gandhi, Rahul Gandhi, Lalu Prasad Yadav and others kept busy the Delhi courts which also dealt with terror-related matters like the 26/11 Mumbai attack and the Red Fort blast in 2025.

Matters related to attack on Delhi Chief Minister Rekha Gupta, AgustaWestland case, conviction of former Congress MP Sajjan Kumar in a 1984 anti-Sikh riots case and trial proceedings of self-styled godman Chaitanyananda Saraswati in an alleged molestation case also hogged the limelight.

The Enforcement Directorate was left red-faced when a Delhi court refused to take cognisance of the alleged money laundering charge against Congress leaders Sonia and Rahul Gandhi and others in the National Herald case.

The ED "simply inverted the template" of the Prevention of Money Laundering Act by registering an FIR in 2021, the court had said.

In the alleged IRCTC scam case, charges were framed against former Bihar chief ministers Lalu Prasad Yadav and Rabri Devi, their son Tejashwi Prasad Yadav and 11 others for the offences of cheating, criminal conspiracy, and under the provisions of the Prevention of Corruption Act.

The court made a scathing observation that the land and share transactions in the case were "possibly an instance of crony capitalism fostered in the garb of eliciting private participation in the Railways hotels at Ranchi and Puri".

Another case which grabbed the headlines was the 26/11 Mumbai attack case in which Tahawwur Rana, a close associate of 26/11 Mumbai terror attacks main conspirator David Coleman Headley alias Daood Gilani, was brought to India after the US Supreme Court on April 4 dismissed his review plea against his extradition.

In a chilling incident that sent shockwaves across the country, an explosive-laden car driven by a suicide bomber, Umar-un-Nabi, detonated outside the Red Fort on November 10 killing 15 people.

The National Investigation Agency subsequently arrested nine people and sought their custodial interrogation from the courts concerned for playing an active role in the conspiracy behind the blast.

In the case of attack on Rekha Gupta at a public event, a court set the stage for trial by framing charges, including for the alleged offence of attempt to murder, against Sakriya Rajeshbhai Khimjibhai and his friend Tahsin Raza Rafiullah Shaikh.

Gupta was attacked during a 'Jan Sunwai' programme at her camp office in the Civil Lines area on August 20.

A court here awarded life imprisonment to former Congress MP Sajjan Kumar in a murder case connected to the 1984 anti-Sikh riots, saying his old age and illness weighed in favour of a lesser sentence instead of the death penalty.

The court pronounced the verdict in a case of killings of Jaswant Singh and his son Tarundeep Singh on November 1, 1984.

In the AgustaWestland VVIP chopper scam, a court ordered the release of purported middleman Christian James Michel from custody in a money laundering case filed by the ED. Later, the court also modified Michel's bail conditions in a CBI case related to the scam.

Self-styled godman Saraswati, who was accused of molesting 17 women students at a private management institute here, was initially remanded in five-day police custody and then sent to jail under judicial custody.

In the 2020 Delhi riots larger conspiracy case, the arguments on framing of charges against student activist Umar Khalid were completed on November 3. Khalid's counsel claimed in the court that evidence was fabricated to implicate him, and he was jailed for five years in this "joke of an FIR".

A court junked an order directing Delhi Police to "further investigate" the role of Delhi Law Minister Kapil Mishra in the 2020 Delhi riots, saying the order suffered from a "serious jurisdictional error".

Shortly after the controversial protest over air pollution at Kartavya Path and Parliament Street on November 23, Delhi Police apprehended 23 protesters for allegedly using pepper spray on police during the demonstration at India Gate and for raising slogans hailing slain Maoist leader Madvi Hidma.

A majority of these protesters are currently out on bail.

In the alleged land-for-job scam, the CBI submitted its final verification report on the status of the accused named in its charge sheet. The CBI, in its verification report, said out of 103 accused named in its charge sheet, five have died.

Meanwhile, a court acquitted three people in a 2009 acid attack case and rapped the police for conducting a "nonchalant and unprofessional" investigation that appeared to be to shield the culprits.

The apex court had termed the prolonged delay in the victim's case a "national shame" and directed the trial to be held on a day-to-day basis.

In the Goa nightclub fire case, a court allowed Goa Police a two-day transit remand of Gaurav Luthra and Saurabh Luthra, co-owners of the Birch by Romeo Lane nightclub, where 25 people were killed in a fire on December 6.

In November, a court allowed jailed Lok Sabha member Engineer Rashid to attend the winter session of Parliament in custody on all dates. He was also granted custody parole between July 24 and August 4 to attend the monsoon session of Parliament.

A court set aside an order asking four journalists to take down alleged defamatory content against Adani Enterprises Limited (AEL), saying the effect of removal of the articles by an ad-interim ex-parte order was "sweeping" and it had the "effect of decreeing the suit itself without a trial".

Earlier this year, a court dismissed BJP MP Yogender Chandolia's plea against a magistrate's order framing charges against him for various alleged offences, including assaulting or using criminal force against a public servant, in a five-year-old case.

In the Kanjhawala hit-and-run case, a Delhi motor accident claims tribunal awarded a compensation of over Rs 36.69 lakh to the family of 20-year-old Anjali Singh, who was killed in an incident in January 2023.

In the Chinese visa scam case, a court ordered the framing of charges for alleged criminal conspiracy and corruption against Congress MP Karti P Chidambaram and six others, saying there was a prima facie case against them.

A court also dismissed a plea which sought a probe against Sonia Gandhi alleging that she was included in the electoral rolls three years before acquiring Indian citizenship in 1983.

A revision plea against the order of dismissal was filed in a sessions court, which has issued notice to the Congress leader and others.

A court discharged 10 TMC leaders in a case linked to a protest outside the Election Commission of India despite prohibitory orders, saying a mere protest for voicing dissent was the hallmark of democracy.

In a case related to the allocation of Mahuagarhi coal block in Jharkhand, a court acquitted former coal secretary H C Gupta, ex-joint secretary (coal) K S Kropha and then director K C Samaria.

Former Minister of State (Coal) Santosh Kumar Bagrodia, former Rajya Sabha member Vijay Darda and others were also acquitted in a 2017 case of allegedly influencing the probe in a coal scam case.

In an alleged sexual harassment case against ex-WFI chief Brij Bhushan Sharan Singh, a court accepted a closure report of Delhi Police seeking to cancel a case filed by a wrestler accusing Singh of sexual harassment when she was a minor.

In May, a court sentenced former Madhya Pradesh MLA Kishore Samrite to six months in jail for threatening to blow up Parliament in September 2022 over his 'unfulfilled demands'.

Bringing down curtains on a 13-year-old case, a court accepted the ED's closure report in a money laundering case against Suresh Kalmadi, the former head of the organising committee of 2010 Commonwealth Games and then secretary general Lalit Bhanot and others. PTI SKM MDB MNR ABA SJK ZMN

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