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    'Not haircut but mundan': Cong on NCLT clearing Subhash Chandra's Rs 6.5 crore payout
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August 27, 2026
Show AI Summary
Personal insolvency repayment plans may be approved despite minimal creditor recovery when requisite voting support and comparative valuation support them.
Personal insolvency repayment plan approval was granted under the Insolvency and Bankruptcy Code, 2016, despite objections that creditor recoveries were negligible and the proposed payment uncertain. The plan received 80.81 per cent voting support, while dissenting creditors held less than 20 per cent voting share. Valuation showed that the debtor's personal estate was materially below the offered amount, and rejection could result in bankruptcy and lower recovery. Assessment of settlement adequacy was treated as a matter of creditor commercial wisdom.
August 27, 2026
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Prison escape security lapses prompt coordinated tracing measures, transport monitoring, inter-state alerts, and a detailed custodial-security inquiry.
Prison escape and custodial-security lapses arose after a detainee escaped from Aluva Sub Jail, allegedly by using an under-construction structure within the premises to cross the compound wall. Following his later appearance at a police station seeking return of his Aadhaar card, search measures included a lookout circular, information sharing with police stations, railway-security coordination, and alerting police in Assam. A detailed inquiry has been initiated into the prison-security deficiencies enabling the escape.
August 27, 2026
Show AI Summary
Women's savings account selection depends on practical benefits, charges, eligibility, and banking needs rather than the account label.
Women's Savings Accounts may provide standard banking facilities together with additional services or benefits for eligible women. Their suitability depends on practical use of digital banking, transfers, payments, alerts, debit-card facilities, accessibility, security features, charges, and minimum-balance conditions. Since regular Savings Accounts may offer comparable facilities, the additional benefits should be assessed against associated costs and conditions. Selection should be based on comparison of eligibility, facilities, balance requirements, benefits, customer support, and authentication safeguards rather than the account's women-focused label alone.
August 27, 2026
Show AI Summary
Retirement annuity selection prioritises payout structure, taxation, insurer strength and flexibility over brand comparison for informed retirement decisions.
Retirement planning may combine market-linked accumulation during working years, deferred annuities that lock future guaranteed income, and immediate annuities that convert retirement savings into regular payments. Annuity choice depends on whether the priority is higher income, continuation for a surviving spouse, or return of capital on death. Product comparison should consider market-linked growth versus income certainty, taxation of annuity income at applicable slab rates, insurer strength, and flexibility in deferment, payout frequency and policy loans.
August 27, 2026
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Foreign exchange inflows through deposit and borrowing measures provided near-term rupee support amid lower crude prices.
Reserve Bank special measures relating to FCNR(B) deposits, Overseas Foreign Currency Borrowings and External Commercial Borrowings were identified as attracting foreign-exchange inflows and providing near-term support to the rupee. The Reserve Bank became a net dollar buyer in June after two months of sales to support the rupee. The FCNR(B) window remained open until August 31, while the market outlook anticipated broader rupee depreciation over subsequent weeks.
August 27, 2026
Show AI Summary
Preferential trade agreement exploration advances bilateral market access, pharmaceutical cooperation, investment partnerships, and diversified trade.
India-Morocco economic cooperation is expanded through the seventh Joint Commission framework, targeting deeper and more diversified trade, investment, industrial collaboration and market access across goods and services. An India-Morocco Joint Working Group is to examine bilateral trade opportunities and the feasibility of a preferential trade agreement, including tariff and non-tariff barriers, improved market access and trade facilitation. Cooperation also addresses pharmaceutical market authorisation and approval timelines, food safety, sustainable agriculture, renewable energy, artificial intelligence, healthcare, and phosphates and fertilisers.
August 26, 2026
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Hybrid cyber fraud exploits stolen smartphones and intercepted verification codes to compromise digital banking and payment accounts.
Hybrid cyber fraud combines physical smartphone theft with digital financial exploitation. Offenders obtain screen-lock credentials, steal devices and use control of the active SIM card to intercept verification codes and reset UPI and digital banking credentials. Preventive measures include withholding PINs, passwords and OTPs; avoiding storage of financial and identity records on phones; and immediately blocking the SIM card and freezing digital banking and UPI services after a theft.
August 26, 2026
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CEPA review aims to expand bilateral trade engagement, address export barriers, and support regulatory registrations for exporters.
India and Japan are considering a review of the Comprehensive Economic Partnership Agreement to make the bilateral trade framework more contemporary and expand its scope, scale and commercial opportunities. The review is linked to balanced trade and to identifying export barriers arising from procedural requirements, language issues and time involved in market access. Regulatory compliance assistance may support product registrations required for overseas markets, including costly chemical registrations and pharmaceutical registrations.
August 26, 2026
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Personal loan reward eligibility depends on successful campaign-period disbursal, alongside review of borrowing costs and repayment capacity.
Loan Utsav 2026 provides a limited-period reward bundle to eligible customers whose personal loan is successfully disbursed during the campaign period, subject to applicable terms and conditions. Personal loans are collateral-free and available subject to eligibility, customer profile, documentation and applicable loan terms. Applicants may choose a loan amount and repayment tenure based on their requirements. Extended tenures can reduce monthly EMI obligations but may increase total interest payable. Customers should review interest rates, EMI, processing charges, other loan costs and repayment capacity before accepting a loan offer.
August 26, 2026
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Deep-tech investment cooperation advances through capital corridors, innovation bridges, manufacturing integration and startup pitching platforms for cross-border growth.
India-Japan startup cooperation is proposed to advance through a deep-tech capital corridor, a two-way innovation bridge, manufacturing and technology integration, and joint startup pitching platforms. Collaboration is directed towards patient capital, early-stage research, deep-tech commercialisation, technology validation, precision manufacturing, investment and market access. The partnership also emphasises MSME integration with startups and global supply chains, co-investment mechanisms, plug-and-play infrastructure, and institutional links among universities, research institutions, incubators and industry.
August 26, 2026
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Sugar price-control measures combine raw-sugar imports, stockholding limits and export restrictions to curb retail price pressures.
Sugar price-control measures combine authorised raw-sugar imports, stockholding limits for dealers and bulk consumers, and an existing export prohibition to address elevated domestic prices. Imports are permitted within the specified period, while stockholding restrictions seek to curb speculation and hoarding. Retail prices continued to rise despite lower ex-mill prices, and the regulatory approach focuses on augmenting supply, limiting stock accumulation, and preventing export-related pressure on domestic availability.
August 26, 2026
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Alternative dispute resolution enabled settlement of long-pending disputes, alongside reporting on court administration and regulatory compliance concerns.
Legal developments include resolution of long-pending tenancy, commercial and property disputes through a special Lok Adalat mechanism, including a digitally signed international settlement. Other matters concern a challenge to a riot-related murder conviction, allegations of administrative irregularities and selective case listing, fast-track court pendency, cancellation of a recruitment process following suspected examination malpractice, fraudulent identity documents used to claim citizenship, medical-qualification standards, and opposition to uranium exploration and mining.
August 26, 2026
Show AI Summary
MSME co-lending supports digital paperless credit delivery through rural banks for underserved rural and semi-urban enterprises.
SIDBI-RRB MSME co-lending arrangement is proposed for expansion to increase credit access for micro, small and medium enterprises in rural and semi-urban areas. The arrangement combines SIDBI's understanding of MSME credit requirements with Regional Rural Banks' local reach. SIDBI's Co-Lending Origination Platform provides an end-to-end digital credit process intended to enable faster, paperless loan processing, in-principle sanction communication, documentation and direct account disbursement without branch visits.
August 26, 2026
Show AI Summary
Input tax credit mismatch alone cannot support fraud-based GST demand without an assessing officer's recorded satisfaction of fraud or suppression.
Section 74 GST demand proceedings require the assessing officer's independent satisfaction of fraud, wilful misstatement or suppression of facts. An input tax credit mismatch or alleged short payment alone cannot establish these conditions. Unsupported assertions of suppression for invoking extended limitation are insufficient, and audit objections cannot replace the assessing officer's satisfaction. A show cause-cum-demand notice lacking factual allegations of a deliberate device to evade tax or avail excess input tax credit is vulnerable.
August 26, 2026
Show AI Summary
Fraudulent Aadhaar procurement exposes identity-verification gaps and prompts disclosure, expedited investigation, deportation, and statutory review measures.
Fraudulent procurement of Aadhaar and other identity documents by foreign nationals who infiltrate borders may undermine identity verification, immigration control and national security. Coordinated action is required to trace and deport such persons, prevent re-entry, strengthen document verification, and complete investigations without delay. Amendments to the Aadhaar Act are to be considered to assist investigating agencies, while a dedicated procedure is required to address border infiltration and human trafficking. Aadhaar enrolment records are to be supplied to police, followed by timely deportation proceedings.
August 26, 2026
Show AI Summary
Foreign investment liberalisation proposals receive industry support, subject to preserving AIF treatment, grandfathering, and prospective application.
Proposed foreign-investment liberalisation, including treatment of stakes below 10 per cent and a greater role for market forces in valuation, is welcomed. Preservation of the existing treatment of Alternative Investment Funds under the IOCC framework is emphasised, together with grandfathering of transactions and funds undertaken under the current regulatory position. Newly introduced requirements should operate prospectively to support a simpler, predictable and investment-friendly foreign-investment framework.
August 26, 2026
Show AI Summary
India market expansion guides Nestle 's volume-led growth, export-hub development and long-term investment without compromising product quality.
Nestle 's India strategy focuses on volume-led growth, wider consumer reach, portfolio development, efficiency improvements and sustained long-term investment. Growth is intended to combine increased household penetration with pricing, premiumisation, affordability and value offerings. India is also intended to develop further as a production and export hub for global markets, supported by manufacturing capacity and expanding overseas supplies. Product quality and consumer interests remain constraints on the pace of expansion.
August 26, 2026
Show AI Summary
Credit awareness through regular score and report review supports responsible borrowing, error detection, and informed credit management.
Free online access to the Credit Pulse Report is available through the Bajaj Finance website. Users verify their registered mobile number through OTP authentication, provide identifying particulars including PAN and date of birth, and then view the available credit score. The report may be reviewed and downloaded to examine repayment history, active credit accounts, recent enquiries and other recorded credit information. Periodic review can help identify unfamiliar accounts, inaccurate repayment records, overdue amounts, unupdated information and changes in credit utilisation.
August 26, 2026
Show AI Summary
Credit lifecycle consistency requires facility-specific treatment so UPI-linked credit records, repayments and customer obligations remain aligned.
CARD91's Credit Lifecycle Consistency Framework calls for facility-specific treatment of Credit Line on UPI transactions and continuing credit events. Credit limits, outstanding balances, repayments, refunds, reversals and EMI conversions should be accurately connected to the relevant customer account and applied according to the underlying facility's terms. Bank policy, customer consent, transaction controls and portfolio actions should remain aligned. Customer-facing applications, statements and alerts should consistently reflect available credit, outstanding obligations and repayment schedules, while disputes and manual corrections follow documented, reviewable processes.
August 26, 2026
Show AI Summary
Non-revolving credit lines require term-loan structures supporting multiple drawdowns without replenishing sanctioned limits for NBFC lending products.
Proposed restrictions on revolving credit facilities for most NBFCs would generally require credit products to operate as term loans, rather than facilities in which principal repayment automatically restores the available borrowing limit. Compliance may require technology capable of managing multiple drawdowns within an approved sanction, separate repayment schedules, amortisation and servicing workflows, while preventing repaid principal from replenishing the sanctioned limit.

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December 31, 2025

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New Delhi, Dec 31 (PTI) Following are the top stories at 1 PM NATION DEL44 BIZ-RBI REPORT-GOVERNOR (04:03 PM)

Indian economy to record high growth despite volatile external environment: RBI Governor New Delhi: Indian economy is projected to register high growth, driven by strong domestic consumption and investment despite a volatile and unfavourable external environment, RBI Governor Sanjay Malhotra said on Wednesday.

DEL16 BIZ-STRIKE-GIG WORKERS (01:19 PM)

Zomato, Swiggy offer increased payout to gig workers amid strike call by unions on New Year's Eve New Delhi: Food delivery platforms Zomato and Swiggy are offering more incentives to their delivery partners, a standard practice they follow on festive periods, to ensure minimal disruptions in services on New Year's Eve amid strike call by gig workers' unions.

DEL23 PM-AYODHYA (02:15 PM)

Modi greets people on 2nd year of Ram Temple consecration New Delhi: Prime Minister Narendra Modi on Wednesday greeted the people on the second anniversary of the idol consecration at the Ram Temple at Ayodhya, terming the day "a divine festival of our faith and traditions."

DEL51 UP-AYODHYA-RAJNATH SPEECH (05:01 PM)

India acted in accordance with Lord Ram's ideals in Operation Sindoor: Rajnath at Ayodhya Ram temple Ayodhya: Defence Minister Rajnath Singh on Wednesday described the Ram temple movement as a "grand narrative" that laid the foundation for the future, and said India acted in accordance with Lord Ram's ideals in Operation Sindoor.

DEL12 CONG-CHINA (12.11 PM)

China's war mediation claim concerning, PM must respond: Congress New Delhi: The Congress on Wednesday termed Chinese claims of mediation between India and Pakistan concerning and said the people of India need clarity on the issue.

DEL46 DEF-MISSILES (04:16 PM)

India successfully test-fires Pralay missiles off Odisha coast New Delhi: India on Wednesday successfully test-fired two Pralay missiles in quick succession off the coast of Odisha.

DEL17 CULTURE-BUDDHA-RELICS (01:43 PM)

Modi to inaugurate exposition of sacred Piprahwa Relics on Jan 3 New Delhi: Prime Minister Narendra Modi on January 3 will inaugurate an exposition of the sacred Piprahwa Relics, which will be hosted at a heritage site in Delhi, officials said.

DEL2 PM-ERIGAISI (9:28 AM)

PM congratulates Arjun Erigaisi for bronze at FIDE World Blitz Chess Championship New Delhi: Prime Minister Narendra Modi on Wednesday congratulated Arjun Erigaisi on winning the bronze medal at the FIDE World Blitz Chess Championship and said his success will inspire the youth of the country.

CAL13 WB-SHAH-LD MEETING (02:53 PM)

Shah meets BJP public representatives in Kolkata, invites 'backbencher' Dilip Ghosh for talks Kolkata: Continuing on his agenda to take stock of the BJP West Bengal unit's preparedness for the assembly polls scheduled early next year, Union Home Minister Amit Shah on Wednesday laid down an action blueprint before the party's public representatives, past and present, while showcasing a unified face of the saffron camp, projecting former state president Dilip Ghosh as one of the main faces for the elections.

CAL10 BH-NABIN-LD FATHER (01:21 PM)

Trying to follow my father's footsteps of being low-profile, accessible to all: Nabin Patna: BJP National Working President Nitin Nabin on Wednesday said he was trying to follow in the footsteps of his father, who was "accessible to all" and "made familial bonds with party karyakartas".

DEL9 NIA-TERROR-SENTENCING (10.40 AM)

Man gets life term for raising module of Pak-based terror outfit in Assam New Delhi: A man has been sentenced to life imprisonment for raising a module of Pakistan-based terror outfit in Assam to carry out terrorist activities, the National Investigation Agency said on Wednesday.

CAL3 AS-WITCH HUNTING (09:17 PM) Assam couple burnt alive on suspicion of witchcraft Diphu: A group of people burnt alive a couple in a village in Karbi Anglong district of Assam, suspecting them to be involved in witchcraft, police said on Wednesday. CAL2 AS-COLD-SCHOOLS (8:56 AM)

All schools closed for week due to extreme winter weather in Guwahati Guwahati: With mercury dipping 6.4 degrees Celsius below normal in daytime in the state capital, all schools in Kamrup Metropolitan district of Assam have been closed for a week due to harsh winter, according to an official order.

BOM9 MP-CONTAMINATED WATER-LD TOLL (03:42 PM)

Consumption of contaminated water claimed 7 lives so far in Indore, confirms mayor Indore: Seven persons have died so far due to diarrhoea and vomiting after allegedly consuming contaminated water in Indore city of Madhya Pradesh, its Mayor Pushyamitra Bhargava confirmed on Wednesday amid conflicting claims over the number of fatalities.

BOM12 MH-CIVIC POLLS-ALLIANCES (03:59 PM)

Friends-foes-friends: Alliances blur ahead of municipal polls in Maharashtra Mumbai: Political equations in Maharashtra are in flux ahead of the January 15 elections to 29 municipal corporations, as the ruling Mahayuti and the opposition MVA have abandoned any attempt at a uniform seat-sharing formula, triggering fragmentation and multi-cornered contests.

BOM3 MH-HC-STAFF-POLL DUTY (10:38 PM)

HC stays BMC chief’s letters asking court staff to report for civic polls duty, questions his power Mumbai: The Bombay High Court has stayed letters issued by the Brihanmumbai Municipal Corporation commissioner asking the staff of subordinate courts to report for civic polls duty, questioning his power and jurisdiction.

BOM13 GA-NIGHTCLUB FIRE-SUSPENSION (04:17 PM) Goa nightclub tragedy: Two state government officers suspended Panaji: Two officers of the Goa State Pollution Control Board have been suspended in connection with the nightclub fire tragedy, Chief Minister Pramod Sawant said on Wednesday.

MDS3 ISRO-SSLV-STATIC TEST (9:03 AM)

ISRO conducts ground test of SSLV third stage at Sriharikota Bengaluru: ISRO has carried out a successful static test of an improved version of the third stage of SSLV at the Solid Motor Static Test Facility of Satish Dhawan Space Centre, Sriharikota in Andhra Pradesh.

DEL6 AVI-DELHI AIRPORT (9:59 AM)

Delhi airport sees 148 flight cancellations due to low visibility conditions New Delhi: At least 148 flights were cancelled and over 150 flights were delayed at the Delhi airport on Wednesday due to dense fog and low visibility conditions.

LEGAL LGD4 JK-NIA-ACQUITTAL (12.33 PM)

J&K court acquits 3 accused tried for 'terror' activities Srinagar: A sessions court in Jammu and Kashmir has acquitted three people accused of involvement in terror activities for lack of evidence.

FOREIGN FGN17 CHINA-QUAD-ENVOYS (12.09 PM)

Envoys of Quad countries hold rare publicised meeting in Beijing Beijing: Ambassadors of the Quad nations, consisting of the US, India, Australia and Japan, held a rare publicised meeting in Beijing. By K J M Varma

FGN25 BANGLA-ZIA-LD FUNERAL (02:34 PM)

Khaleda Zia’s funeral prayer held in Bangladesh amid tight security Dhaka: Bangladesh's former prime minister Khaleda Zia's funeral prayers were held on Wednesday amid tight security.

FGN23 BANGLA-ZIA-FUNERAL-LD JAISHANKAR (02:34 PM)

EAM Jaishankar hands over PM Modi's letter to BNP's Tarique Rahman Dhaka: External Affairs Minister S Jaishankar on Wednesday handed over to Bangladesh Nationalist Party (BNP) leader Tarique Rahman a letter from Prime Minister Narendra Modi as thousands of people bid farewell to former prime minister Khaleda Zia at her funeral.

FGN27 PAK-CHINA-DAR (04:06 PM)

Pak Dy PM Dar to visit China to attend strategic dialogue Islamabad: Pakistan's Deputy Prime Minister and Foreign Minister Ishaq Dar will visit China later this week to co-chair the 7th round of a bilateral strategic dialogue.

PTI ARB ARB

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