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    RBI bars banks from disabling mobile devices of defaulting borrowers
    Par panel for early conclusion of India-US trade pact, tariff exemptions on key goods
    No commitments relating to ethanol import from US for fuel blending under FTA talks: Govt
    No concession or commitment on import of Ethanol for fuel blending from the United States
    Office of the Controller General of Patents, Designs and Trade Marks Announces Tentative Schedule for Patent and Trade Marks Agent Examinations 2027 a...
    RBI invites comments on the draft “Reserve Bank of India (Non-Banking Financial Companies – Credit Facilities) Amendment Directions, 2026”
    West Bengal seeks 100pc foodgrain, 40pc sugar jute packaging quota at SAC meeting
    RBI clasifies Tata Sons, 16 others as large NBFCs
    Sensex climbs 374 points on buying in Reliance, ICICI Bank; Nifty ends flat
    Insurance Division, DFS Secures 3rd Rank in Group A Category of Grievance Redressal Assessment & Index (GRAI) for June 2026
    VKDL Group’s NPA Bazaar Strengthens India’s Distressed Asset Resolution Ecosystem Under the Leadership of V K Dubey
    Lok Sabha passes bill to authorise govt to permit banks to levy charges on UPI transactions
    Monetary Policy Statement, 2026-27 Resolution of the Monetary Policy Committee August 3 to 5, 2026
    Stock markets edged higher in early trade amid lower crude oil prices, buying in Reliance Industries
    Monthly review of accounts of Government of India upto June 2026 (FY 2026-27)
    DRI busts illegal drug manufacturing unit in Satara district in Maharashtra; two arrested
    CCI approves proposed combination inter alia involving share acquisition(s) and merger of certain entities e.g. AAPC India, Triguna, Caddie, SMPL, Tec...
    Rupee gains 20 paise to close at 95.08 against US dollar post-RBI policy decision
    TN Budget: Revenue deficit at Rs 55,775 crore, fiscal deficit estimated at Rs 1,21,819 crore
    Tatkare slams ‘gungi gudiya’ jibe against Sunetra; Cong says row being exploited for political gains
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August 6, 2026
Show AI Summary
Device-based loan recovery restrictions protect essential mobile functions while permitting gradual locking only for lender-financed devices.
Technology-based recovery mechanisms cannot restrict or disable a borrower's mobile device unless the bank financed acquisition of that device. Where permitted, banks must adopt a gradual approach and preserve essential functions, including incoming calls, SMS access, and emergency SOS features. Regulated entities and service providers must obtain manufacturer or operating-system certification for device-locking technology. Disclosure of borrower or guarantor information to recovery personnel must be limited to what is necessary for loan-recovery duties.
August 6, 2026
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Bilateral trade agreement negotiations should secure tariff certainty, protect key exports, strengthen supply chains, and support vulnerable small industries.
An early Bilateral Trade Agreement is proposed to protect Indian interests, secure tariff exemptions for key exports, reduce barriers affecting industrial products, and create predictable trade conditions. Recommended measures include financial and export-credit support for small industries, real-time monitoring of customs requirements, documentation assistance, and timely policy support against tariff and non-tariff barriers. Export strategy should develop knowledge services and critical supply-chain integration, while a National Fund should assist suppliers with redesign, tooling, certification and entry into new global supply chains.
August 6, 2026
Show AI Summary
Ethanol imports for fuel blending remain excluded from trade commitments, with domestic producers continuing to supply the blending programme.
Ethanol imports for fuel blending remain outside concessions or commitments in India-US trade discussions. Under the Ethanol Blended with Petrol Programme, ethanol procurement is governed solely by domestic policy requirements and is sourced entirely from domestic producers. Claims of existing or intended large-scale ethanol imports from the United States for fuel blending, or of a policy change permitting them, are stated to be baseless.
August 6, 2026
Show AI Summary
Domestic ethanol sourcing for fuel blending continues unchanged, with no import commitments or concessions involving United States ethanol.
Ethanol used for fuel blending under the Ethanol Blended with Petrol Programme is sourced entirely from domestic producers, with no imports from the United States for that purpose. No concessions or commitments on importing United States ethanol for fuel blending have been made in trade discussions. Fuel blending and ethanol procurement continue to be governed solely by domestic policy requirements, and claims of a policy change allowing large-scale imports are incorrect.
August 6, 2026
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Patent and trade marks agent qualification examinations require written-paper minimums, aggregate passing scores, and viva voce assessment for registration.
Patent and trade marks agent examinations comprise an objective Paper I, a descriptive Paper II and a viva voce assessing suitability to practise before the Intellectual Property Office. Candidates must secure the stipulated minimum marks in each written paper and the required aggregate score to pass. Registration in the relevant Register of Patent Agents or Register of Trade Marks Agents is available only to candidates who satisfy all prescribed eligibility conditions and qualify the examination.
August 6, 2026
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Draft NBFC credit-facilities amendments open for stakeholder consultation through designated online and email feedback channels.
Draft amendments to the Non-Banking Financial Companies credit-facilities framework have been released for public consultation. Regulated entities and other interested stakeholders may submit comments or feedback through the 'Connect 2 Regulate' platform or by email using the specified subject line.
August 6, 2026
Show AI Summary
Mandatory jute packaging reservations were urged to protect cultivators, mill workers, crop absorption, and environmentally sustainable packaging.
Mandatory jute packaging reservations were sought to be retained at full coverage for foodgrains and increased for sugar packaging for the forthcoming Jute Year. The submission before the Standing Advisory Committee emphasised absorption of bumper jute output, remunerative prices for cultivators, uninterrupted mill operations, and protection of farm and worker livelihoods. It also stressed that biodegradable jute bags offer an environmentally friendly alternative to HDPE and polypropylene woven sacks, and that dilution of compulsory packaging could undermine plastic-pollution reduction efforts.
August 6, 2026
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NBFC Upper Layer classification imposes enhanced regulation and listing obligations, while de-registration applications remain under examination.
NBFC Upper Layer classification subjects identified large non-banking financial companies to enhanced regulatory requirements for at least five years and requires stock-exchange listing within three years of identification. The framework divides NBFCs into Base, Middle, Upper and Top Layers. Seventeen large NBFCs were included in the Upper Layer list, while Tata Sons' classification remains subject to the pending examination of its de-registration application.
August 6, 2026
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Closing auction price discovery may affect benchmark levels differently based on constituent liquidity and concentrated institutional order flow.
The Closing Auction Session in the equity cash segment uses an auction-based method to determine closing prices of eligible shares with futures and options contracts, aiming to strengthen transparent and robust price discovery. Its effect on benchmark closing levels may differ according to constituent liquidity and institutional order flow. The Reserve Bank of India retained the policy repo rate and neutral stance, indicating that future policy decisions will be data-dependent and influenced by assessment of energy-cost effects on inflation.
August 6, 2026
Show AI Summary
Public grievance redressal strengthens through monitoring, senior review, workshops, stakeholder coordination, and customer-centric service delivery improvements.
Public grievance redressal is assessed through the Grievance Redressal Assessment and Index, which analyses grievance categories and disposal. The Department of Financial Services' Insurance and Banking Divisions received third and sixth ranks respectively in the June 2026 assessment. Its framework includes disposal of grievances, random reviews by senior officials, and workshops on effective grievance redressal, supporting best practices, stakeholder coordination, technology use, customer-centric service, and accountable public service delivery.
August 6, 2026
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Distressed asset resolution integrates restructuring, insolvency advisory, funding facilitation and digital marketplaces for transparent financial recovery transactions.
The platform provides integrated advisory, management and transaction-facilitation services for Non-Performing Assets, stressed assets and distressed assets. Its services include NPA resolution, debt restructuring, One-Time Settlements, funding assistance, insolvency and bankruptcy advisory, asset reconstruction, financial restructuring and capital raising. Digital and offline marketplaces facilitate transactions involving distressed assets, receivables and related movable or immovable properties, supported by collaborations with banks, Non-Banking Financial Companies, Asset Reconstruction Companies, corporates and investors.
August 6, 2026
Show AI Summary
Merchant discount rate framework may permit charges on notified UPI and digital payments through a government notification mechanism.
The proposed amendment to Section 10A of the Payment and Settlement Systems Act, 2007 replaces the existing income-tax-linked reference with a Central Government notification-based mechanism for electronic payment modes. It removes the current statutory restriction preventing banks and payment service providers from charging Merchant Discount Rate on notified modes, enabling the Government to permit charges for UPI and other digital payments. The policy rationale is to support funding for payment infrastructure and a sustainable revenue model for service providers.
August 6, 2026
Show AI Summary
Neutral monetary policy stance continues as resilient growth and food-fuel inflation risks require close macroeconomic monitoring.
The Monetary Policy Committee retained the policy repo rate and continued the neutral monetary policy stance, citing the need to assess evolving growth-inflation conditions. Domestic activity was assessed as resilient, supported by consumption, investment, credit, manufacturing, services and exports, although global uncertainty, energy prices, supply-chain pressures, geopolitical developments and monsoon conditions remain risks. CPI inflation increased mainly because of food and fuel pressures, while underlying inflation remained moderate. The Committee considered that price pressures were not yet generalised and reaffirmed its commitment to align inflation with the target.
August 6, 2026
Show AI Summary
Closing auction price discovery and a neutral monetary policy stance shaped equity market conditions amid lower crude prices.
The Closing Auction Session in the equity cash segment introduced an auction-based mechanism for determining closing prices of eligible shares with futures and options contracts, intended to make price discovery more transparent and robust. The Reserve Bank of India retained its neutral stance and left the benchmark policy rate unchanged, pending greater clarity on the inflationary effects of higher energy costs. Future policy decisions were stated to be data dependent.
August 6, 2026
Show AI Summary
Monthly public accounts review records receipts, expenditure, tax devolution, interest payments, subsidies, and capital spending through June.
Consolidated monthly accounts up to June 2026 report total receipts of Rs.10,49,243 crore, comprising net tax revenue, non-tax revenue and non-debt capital receipts. Tax devolution transfers to State Governments total Rs.2,63,336 crore. Total expenditure is Rs.13,57,076 crore, including revenue expenditure of Rs.10,16,818 crore and capital expenditure of Rs.3,40,258 crore. Revenue expenditure includes interest payments and major subsidies.
August 6, 2026
Show AI Summary
Illicit psychotropic drug manufacture triggered seizure, apprehensions, and investigation into planned trafficking under narcotics control law.
Illicit manufacture and trafficking of Alprazolam and Diazepam, psychotropic substances regulated under the Narcotic Drugs and Psychotropic Substances Act, 1985, were detected at a clandestine facility. Searches recovered finished and intermediary substances, together with raw materials and reaction mixtures used in manufacture, and the goods were seized under the Act. The manufacturer and an intended buyer were apprehended, with material indicating a proposed transaction for further illicit trafficking. Preliminary investigation indicated prior involvement in illegal drug production and trafficking.
August 6, 2026
Show AI Summary
Competition approval for hotel-sector consolidation covers share acquisitions and merger of Accor-branded hotel entities into InterGlobe Hotels.
Competition approval was granted for related share acquisitions and the merger of AAPC India, Caddie, Triguna, Srilanand Mansions, Techpark and Accent into InterGlobe Hotels. The combination involves entities jointly controlled by the Bhatia Family Group and the Accor Group, including hotel-owning and developing entities, hotel management and franchising operations, leasing activities, and captive consultancy and support services relating to Accor-branded hotels in India.
August 5, 2026
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Rupee appreciation followed unchanged monetary policy, lower crude prices, weaker dollar and expectations of orderly exchange-rate management.
The rupee strengthened after the central bank maintained its policy rate and neutral monetary-policy stance. Lower crude oil prices, a weaker US dollar and declining US Treasury yields supported investor sentiment. Earlier measures to attract capital inflows remained part of the framework supporting the rupee, while the central bank stressed its endeavour to preserve an orderly currency trajectory. Future movement was linked to geopolitical de-escalation, global risk sentiment and US economic data.
August 5, 2026
Show AI Summary
Fiscal consolidation through revenue mobilisation and leakage control aims to reduce deficits while expanding capital expenditure capacity.
Tamil Nadu's Revised Budget Estimates for 2026-27 project a revenue deficit and fiscal deficit, with outstanding liabilities comprising public debt and public-account liabilities. Revenue mobilisation is proposed through improved tax administration, collection efficiency, closure of leakages, liquor-manufacturer privilege fees, and eligible Union grants. The strategy projects gradual deficit reduction to create room for capital expenditure, supported by expenditure reforms aimed at eliminating leakages, optimising expenditure, and improving service delivery.
August 5, 2026
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Political criticism of public office-holders raises debate over media accountability, personal remarks, and acceptable public discourse.
Political criticism followed a social-media post describing Maharashtra Deputy Chief Minister Sunetra Pawar as "gungi gudiya" in connection with a press interaction on law-and-order issues in Beed district. Congress representatives stated that the post was not a personal insult, had been deleted after adverse reactions, and was followed by an expression of regret. NCP representatives termed the expression inappropriate and stressed that the principal dignitary should conduct media interactions. Shiv Sena (UBT) representatives described the phrase as not unparliamentary and linked it to criticism of a guardian minister's public responsibilities.

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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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