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    Lokta Opens Its Agentic Loan Servicing Platform to NBFCs Up to Rs 100 crore, with No Platform Fee for Up to Two Years
    RTI seeks Aadhaar date-of-birth changes after pre-poll Bihar pension hike; UIDAI says no such data
    IC Electricals Secures Approx. ₹6 Crore Railway Orders and ₹1 Crore Export Order
    Additional Information related to GDP Estimates Received After Release of Q1 Estimates of FY 2026-27
    Union Minister of Commerce & Industry Shri Piyush Goyal Chairs CEO Roundtable on Ease of Doing Business for Scaling India’s Data Centre Ecosystem
    India–Afghanistan Joint Working Group on Trade Holds Virtual Meeting; Reviews Measures to Strengthen Bilateral Trade and Economic Cooperation
    PM Surya Ghar Yojana 2026: How to Get Rs 78,000 Solar Subsidy & Cut Your Electricity Bill
    Japan's JCR upgrades India's sovereign rating to 'A-', cites solid growth, improved financial system
    In personal insolvency case before NCLAT, Subhash Chandra opposes formation of 5-member NCLT bench
    GoCredit Launches Free Loan App Checker to Verify If a Lending App Is Real, Fake or RBI Registered
    Rupee falls 2 paise to 94.97 against US dollar in early trade
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    NLMC to Facilitate E-Auction of 459 RINL Land Parcels in Visakhapatnam
    CCI approves acquisition of Aseem Infrastructure Finance Limited by TPG Nicobar SG Pte. Ltd. and related transactions
    CCI approves acquisition of up to 100% equity shareholding of Apollo Fertility Centre (AFCPL) and Apollo Specialty Hospitals (ASHPL) by Kids Clinic In...
    ED arrests businessman in DMF-linked money laundering case
    Rupee gains 27 paise to close at 94.95 against US dollar
    India's CAD widens to USD 4.2 bn in Q1 amid West Asia conflict: RBI data
    Andhra commercial tax collections rise by 11 per cent in August to Rs 4,983 cr
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September 2, 2026
Show AI Summary
NBFC loan servicing governance retains lender control through deterministic decision rules, maker-checker controls, reconciled migration and optional AI assistance.
Lokta Next 100 offers RBI-registered NBFCs with loan books up to Rs 100 crore post-approval loan servicing, accounting, reporting, analytics, collections, recovery and partner-management functions, excluding pure-play microfinance NBFCs. Credit, approval and money decisions remain with the lender. Maker-checker approval applies to every change, and migration requires line-by-line reconciliation before cutover. Records remain lender-owned, hosted in India and exportable. AI may propose changes but cannot post to the ledger; deterministic lender-policy rules decide changes. Platform fees are deferred for up to 24 months, subject to stated loan-book thresholds.
September 2, 2026
Show AI Summary
RTI access to maintained records does not require creation of Aadhaar date-of-birth update data on demand.
UIDAI did not maintain separate Aadhaar data on date-of-birth updates in Bihar following the announced social security pension enhancement, including month-wise or district-wise compilations. No internal review or flagging of unusual update patterns was available or applicable in its records. The Central Information Commission clarified that the RTI framework does not require a public authority to create, compile or generate information that it does not maintain in the form requested. The initial CPIO response treating the information as outside the RTI Act was considered inappropriate.
September 2, 2026
Show AI Summary
Transgender arrest and detention safeguards prompt calls for a standard operating procedure and clearer procedural protections.
Legal and regulatory issues include safeguards for arrest and detention of transgender persons, consultation requirements in Bar Council policy-making, and procedural accountability in electoral administration and policing. Personal insolvency proceedings raise questions about tribunal powers to constitute an expanded bench. Hospitality operators are expected to comply strictly with food-safety and hygiene norms. Proposed restrictions on minors' social-media accounts address cyberbullying, online exploitation, and harmful screen exposure.
September 2, 2026
Show AI Summary
Railway equipment purchase orders and export order expand IC Electricals' domestic and international business pipeline.
IC Electricals Company Limited has secured railway purchase orders for electrical and electronic supplies and an export order, creating combined order inflow across domestic railway operations and international markets. Its product portfolio includes regulators, battery chargers, emergency lights, inverters, microprocessor-based control systems, alternators, traction motors, and permanent magnet alternators with controllers. Forward-looking statements on business plans, projects, and research and development remain subject to risks and uncertainties and may differ materially from actual results.
September 2, 2026
Show AI Summary
Double deflation explains negative manufacturing GVA deflators when input prices rise faster than output prices.
Double deflation in manufacturing separately deflates gross output and intermediate consumption, with real GVA derived from their difference. Where input prices rise faster than output prices, nominal GVA may grow more slowly than real GVA, producing a negative implicit GVA deflator despite rising output and input prices. A negative manufacturing GVA deflator therefore does not establish a fall in manufactured-product prices or lower real growth. The implicit GDP deflator is a derived ratio between current-price and constant-price GDP and differs from CPI and WPI because of their distinct coverage, weights, and price concepts.
September 2, 2026
Show AI Summary
Data centre ease-of-doing-business reforms target reliable power, prepared land, streamlined approvals and building standards for faster infrastructure deployment.
Ease-of-doing-business reforms for India's data-centre ecosystem focus on faster and sustainable infrastructure deployment through reliable power, ready-to-use land, streamlined approvals and suitable building regulations. Proposed power measures include cluster-based transmission planning, first-day sanctioned load, dual feeders and cross-border renewable-energy procurement. Data-centre-ready land banks and power-ready parcels are intended to reduce development timelines. The National Building Code 2026 recognises data centres under Group E and contains a dedicated annex on fire-risk assessment and data-centre-specific performance indicators.
September 2, 2026
Show AI Summary
Trade facilitation and customs cooperation drive follow-up action on connectivity, regulatory coordination, investment promotion and bilateral commercial engagement.
India-Afghanistan bilateral trade and economic cooperation is being advanced through institutional engagement on trade facilitation, customs cooperation, connectivity, investment and commercial exchange. Priority areas include customs and data-sharing cooperation, visa facilitation for traders, banking and financial cooperation, pharmaceutical and agricultural trade, energy cooperation, tariff concessions, cargo connectivity and port-related matters. Follow-up action covers regulatory cooperation, improved connectivity, investment promotion and business-to-business engagement.
September 2, 2026
Show AI Summary
Residential rooftop solar subsidy requires eligibility, prior approval, registered installation, net metering, commissioning, and verified bank details for direct transfer.
PM Surya Ghar Muft Bijli Yojana provides central financial assistance for eligible grid-connected residential rooftop solar systems, capped at Rs. 78,000 for systems of three kilowatts or more. Applicants must be Indian citizens who own a suitable house, hold a valid electricity connection, and have not received an earlier solar-panel subsidy. Applications require portal registration, distribution-company feasibility approval, installation through a registered vendor, net metering, inspection, commissioning and submission of bank details. Assistance is transferred directly after verification. State-specific net-metering procedures, approvals and additional incentives may apply.
September 2, 2026
Show AI Summary
Sovereign credit rating upgrade reflects solid growth, stronger financial systems, and improving fiscal and external resilience.
JCR upgrades India's foreign-currency and local-currency long-term issuer ratings to A- with a stable outlook, citing sustained economic growth, productivity-oriented policies and improved financial-system soundness. Fiscal constraints include elevated deficits, intergovernmental fiscal transfers, electoral-cycle sensitivity, and high combined government debt and interest burdens. Greater emphasis on infrastructure capital expenditure has improved the quality of fiscal spending. External resilience is supported by a contained current account deficit, services surplus and foreign-exchange reserves exceeding short-term external debt.
September 2, 2026
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Personal insolvency bench constitution and repayment-plan eligibility remain contested where a larger tribunal bench stays a third-member order.
Personal insolvency proceedings raised a challenge to the National Company Law Tribunal's authority to constitute a five-member bench after a split verdict. The challenge contended that the mechanism for differing views permits reference to another member or members, but does not authorise a five-member bench. The larger bench stayed the third member's order, restricted asset alienation, and suspended an order permitting settlement of personal-guarantee claims. The dispute concerned the validity of that bench, the split-verdict reference procedure, repayment-plan eligibility, and pending creditor appeals.
September 2, 2026
Show AI Summary
Digital lending app verification enables borrowers to identify regulated lenders, grievance channels, and warning signs before accepting loans.
GoCredit's Loan App Checker allows borrowers to search lending apps against the public Digital Lending App directory and identify the regulated lender, grievance contact and RBI Ombudsman escalation route where a match exists. Regulatory reporting by regulated entities enables app-level verification, while borrowers should also check the lender named in app disclosures and loan agreements. A directory listing is a regulated-entity disclosure, not RBI approval or endorsement. Unmatched apps should be assessed through verification steps and reported through official channels where appropriate.
September 2, 2026
Show AI Summary
Rupee depreciation in early trade reflected oil-price pressures, risk aversion, higher Treasury yields and broad dollar strength.
Early foreign-exchange trading saw the rupee weaken against the US dollar amid renewed US-Iran tensions, risk aversion, higher Brent crude prices, and a stronger dollar. Safe-haven demand, inflation concerns linked to potential oil-supply disruption, expectations of a September Federal Reserve rate increase, and higher US Treasury yields supported the broad dollar rally. RBI monitoring of the rupee's decline was noted.
September 2, 2026
Show AI Summary
Responsible AI governance requires ethical safeguards, privacy protection, accountability and adaptive oversight to build lasting corporate stakeholder trust.
Responsible artificial intelligence governance requires continuous innovation, inclusive development, responsible deployment and trust-based governance. AI systems should be ethical, safe, transparent, fair and human-centric, with safeguards for privacy, bias, security and accountability. Proportionate and adaptive regulation should provide clear accountability, standards, monitoring, auditability and grievance redressal. Good governance, cybersecurity, personal data protection and responsible AI together strengthen organisational resilience, stakeholder trust, transparency and sustainable innovation.
September 2, 2026
Show AI Summary
E-auction of surplus public land enables transparent outright sale of RINL parcels through registered, KYC-verified bidding.
National Land Monetization Corporation will facilitate the e-auction and outright sale of 459 encumbrance-free RINL land parcels, including residential plots and parcels suited for commercial and logistics use. Competitive bidding will occur through the RailTel E-Nivida e-procurement platform. Participation requires online registration, KYC verification, and plot-wise submission of an earnest money deposit within prescribed timelines. The process supports transparent monetisation of surplus land and non-core public assets.
September 2, 2026
Show AI Summary
Competition approval for infrastructure finance restructuring covers acquisition, minority transfer, investment divestment, and merger of regulated NBFCs.
Competition Commission of India approval applies to the acquisition of Aseem Infrastructure Finance Limited by TPG Nicobar SG Pte. Ltd., a subsequent minority share acquisition by ICICI Bank Limited, and Aseem's divestment of its shareholding in NIIF Infrastructure Finance Limited to National Investment and Infrastructure Fund II. Following the acquisition, Climate Finance India Private Limited is intended to merge into Aseem as the surviving entity. The entities involved include RBI-registered non-deposit taking NBFCs operating in infrastructure finance, investment and credit, and infrastructure debt financing.
September 2, 2026
Show AI Summary
Healthcare merger approval enables KCIL to acquire fertility and specialty hospital businesses alongside related equity issuances and investment.
Competition Commission approval covers KCIL's acquisition of up to 100% equity shareholding in AFCPL and 100% equity shareholding in ASHPL. The combination includes KCIL issuing equity shares and optionally convertible debentures to AHLL, representing 9.9% fully diluted shareholding as partial consideration, together with a further KCIL equity investment by Arvon Investments Pte. Ltd. KCIL operates mother and baby care hospitals, while AFCPL provides assisted reproductive treatment and reproductive-medicine services.
September 1, 2026
Show AI Summary
Money-laundering investigation into alleged District Mineral Fund diversion examines purported liaison activity and asset acquisition through proceeds of crime.
Money-laundering proceedings under the Prevention of Money Laundering Act concern alleged diversion of District Mineral Fund resources through the Chhattisgarh Seed Corporation. The investigation alleges siphoning of public funds by contractors in collusion with government officials and political executives. A businessman was identified as an alleged liaisoner and financial coordinator between public servants, district authorities and private vendors. Allegations also include receipt of commissions, acquisition of immovable assets from purported proceeds of crime, non-production of records, and contradictory statements during questioning.
September 1, 2026
Show AI Summary
Foreign exchange market dynamics: rupee appreciation reflected portfolio inflows, domestic growth, and possible central-bank intervention amid external pressures.
The rupee appreciated against the US dollar, supported by domestic growth, controlled fiscal slippage, portfolio-related inflows and possible Reserve Bank of India intervention. Its gains were limited by weak equity markets, rising crude oil prices and a stronger dollar. External geopolitical tensions and hawkish US monetary signals remained potential pressures. Domestic indicators showed strong economic activity, while the current account deficit widened because of a higher merchandise trade deficit. Foreign portfolio inflows continued despite investors remaining net sellers during the year.
September 1, 2026
Show AI Summary
Current account deficit widened as merchandise trade deficit increased, notwithstanding stronger services receipts, remittances, and foreign direct investment inflows.
India's current account deficit widened in the first quarter of 2026-27 as the merchandise trade deficit increased. Higher net services receipts, increased personal transfer receipts and lower net primary-income outgo partly supported the external account. Financial-account movements included higher net foreign direct investment inflows, a shift in foreign portfolio investment from net inflow to net outflow, and lower net inflows through non-resident deposits and external commercial borrowings. Foreign exchange reserves declined on a balance-of-payments basis during the quarter.
September 1, 2026
Show AI Summary
Technology-enabled tax compliance and enforcement supported higher commercial tax collections, while GST rate reductions moderated sectoral net GST growth.
Technology-enabled tax administration supported commercial tax and net GST collection growth in Andhra Pradesh during August 2026 and the cumulative period through August. AI-based analytics and scrutiny, IGST reversals, UPI-based enforcement, registration verification, Aadhaar authentication, digital payment enablement, predictive analytics and data sharing strengthened compliance, scrutiny and revenue mobilisation. Petroleum VAT, professional tax, liquor VAT and IGST settlement also increased, while GST rate reductions moderated net GST performance in specified product sectors.

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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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