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    Jio Platforms gets Sebi nod for $3.8-bn IPO, set to be India's biggest
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August 28, 2026
Show AI Summary
IPO approval enables Jio Platforms to issue fresh equity shares, with proceeds earmarked for subsidiary debt repayment and corporate purposes.
SEBI's final observations enable Jio Platforms Ltd to proceed with an initial public offering comprising up to 27 crore newly issued equity shares. The transaction is structured as a fresh issue of shares. Offer proceeds are primarily allocated towards repayment or prepayment of outstanding borrowings of Reliance Jio Infocomm Ltd, Jio Platforms' material subsidiary, with the balance designated for general corporate purposes.
August 28, 2026
Show AI Summary
Gold price volatility intensified as dollar strength, profit-booking, and customs-duty-cut reports pressured domestic bullion markets.
Domestic bullion prices declined for a third consecutive session as a stronger US dollar and sustained profit-booking after a recent rally weakened gold and silver. Gold fell sharply in the national capital and silver also declined in domestic trading, with the three-day movement reflecting ongoing price volatility in the bullion market. International spot gold remained marginally lower while investors awaited policy-related remarks concerning inflation and elevated yields.
August 28, 2026
Show AI Summary
Direct benefit transfer strengthens welfare delivery through Jan Dhan accounts, digital payments, reduced intermediaries, and expanded financial inclusion.
Direct Benefit Transfer has transferred welfare benefits directly to beneficiaries, largely through Jan Dhan accounts, reducing intermediaries and supporting transparent delivery. The Pradhan Mantri Jan Dhan Yojana provides unbanked adults basic accounts without minimum-balance or maintenance-charge requirements, along with RuPay debit cards, accident insurance coverage, and emergency overdraft access. Banking outlets, digital-payment infrastructure, and Bank Mitras extend formal financial services to women, rural and semi-urban communities, strengthening financial inclusion and participation in the formal economy.
August 28, 2026
Show AI Summary
Foreign exchange reserves reached a record level, supported by increases in foreign currency assets and gold holdings.
India's foreign exchange reserves increased by USD 12.422 billion to an all-time high of USD 729.328 billion for the week ended 21 August. Foreign currency assets and gold reserves recorded the principal increases, while special drawing rights and the reserve position with the IMF also rose. Foreign currency asset valuation reflects movements in non-US currencies held in the reserves. FCNR(B) and concessional swap arrangements were introduced to attract additional foreign-exchange inflows.
August 28, 2026
Show AI Summary
IPO regulatory approval enables Jio Platforms to advance preparations for its proposed fresh equity share public offering.
Jio Platforms Ltd. has obtained Sebi's final observations for its proposed initial public offering. This key regulatory stage enables further preparations for the public issue, subject to applicable regulatory requirements. The proposed offering comprises up to 27 crore fresh equity shares and is expected to account for approximately 2.9 per cent of the company's post-issue equity base.
August 28, 2026
Show AI Summary
Financial inclusion through basic bank accounts expands banking access with no-balance accounts, debit cards, and emergency overdraft support.
Pradhan Mantri Jan Dhan Yojana enables unbanked adults to open basic bank accounts without minimum-balance or maintenance-charge requirements. Accounts include a free RuPay debit card with accident insurance coverage and eligibility for an overdraft facility during emergencies. The scheme promotes digital transactions, financial security and participation in the formal economy, while extending banking access to rural and semi-urban communities and increasing women's financial inclusion.
August 28, 2026
Show AI Summary
Flexible personal loan repayment enables eligible borrowers to select longer tenures, subject to eligibility, terms, verification, and repayment capacity.
Bajaj Finance personal loans offer eligible customers collateral-free borrowing with flexible repayment tenures of 12 to 108 months, subject to eligibility, applicable terms, verification and documentation. A longer tenure may reduce monthly EMIs by spreading repayment over more months, but can increase total interest payable. Borrowers should compare the interest rate, tenure, EMI, processing charges and other costs, while considering their income, existing commitments and repayment capacity. Loan Utsav 2026 provides limited-period rewards for eligible customers whose loans are successfully disbursed during the campaign period, subject to applicable terms.
August 28, 2026
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Digital arrest money laundering investigation tracks cyber-fraud proceeds through layered bank accounts, cash withdrawals, and foreign-exchange conversion.
Arrests under the Prevention of Money Laundering Act form part of an investigation into alleged digital arrest cyber fraud and laundering of fraud proceeds. Funds were reportedly routed through numerous bank accounts, withdrawn in cash, and converted into foreign currency through licensed money changers. The financial trail is linked to commodity trading, travel and foreign-exchange entities allegedly connected with cyber-fraud complaints and first information reports. The inquiry also identified alleged shell or dummy companies using proxy directors to conceal control and facilitate fund movement.
August 28, 2026
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Foreign exchange intervention and lower crude prices supported rupee appreciation despite a stronger dollar and foreign institutional investor outflows.
Foreign exchange market conditions supported a six-paise appreciation of the rupee against the US dollar at the close of trading. Lower global crude oil prices and Reserve Bank of India intervention to limit significant rupee depreciation contributed to the movement. A marginal strengthening of the US dollar and foreign institutional investor equity outflows continued to exert pressure, while FCNR(B) scheme inflows supported the currency.
August 28, 2026
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Cyber fraud impersonating enforcement officials coerced a senior citizen into bank and cryptocurrency transfers through terror-funding threats.
Cyber fraudsters allegedly impersonated public officials and threatened a senior citizen with implication in money laundering, terror funding and cybercrime. Using WhatsApp video calls and purported official notices, they allegedly induced the victim to transfer funds to multiple bank accounts and a cryptocurrency wallet on the pretext of proving innocence. The victim reportedly liquidated fixed deposits and mutual fund investments before identifying the deception and reporting it through the cybercrime helpline. A cyber police case was registered for further investigation.
August 28, 2026
Show AI Summary
Rupee depreciation against US dollar reflects foreign investor outflows and crude supply disruptions, moderated by weaker dollar and oil prices.
Foreign institutional investor outflows and disruptions in global crude oil supplies placed downward pressure on the rupee against the US dollar. A weaker dollar index and lower Brent crude prices moderated the decline. Market commentary anticipated a narrow trading range, with expected Reserve Bank of India protection at the upper end and oil importer, month-end, and importer demand supporting the lower end. Participants also monitored the US Federal Reserve Chair's Jackson Hole speech.
August 27, 2026
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Emergency flood response measures coordinate rescues, suspend cross-border transport, and address risks to public safety.
Severe flash floods in Nepal and along the Nepal-Tibet border prompted cross-border rescue coordination for missing and stranded persons, warnings of continued downstream flood risk, and international relief support. Preventive public-safety measures included temporary suspension of an Indo-Nepal bus service. Separate developments included disruption of public services during an employee strike, investigation of an aircraft crash, market measures affecting sugar and onion prices, and proposed trade engagement for greater market access for basmati rice and processed food exports.
August 27, 2026
Show AI Summary
Regulatory review of fraud allegations requires timely consideration of representations while merits and standing remain undecided.
SEBI must consider and decide, within two weeks, representations alleging fraud by an Indian logistics company and its subsidiary. The allegations concern systematic over-invoicing of freight charges and forged documentation, with a parallel criminal investigation based on an FIR registered by the Delhi Police Economic Offences Wing. No determination has been made on the merits of the allegations or the complainant's standing to approach SEBI. The allegations and criminal proceedings were disclosed in IPO offer documents.
August 27, 2026
Show AI Summary
Personal insolvency repayment plans test creditor voting thresholds, valuation safeguards, and limits on commercial review under insolvency law.
Personal insolvency resolution under the Insolvency and Bankruptcy Code involved approval of a repayment plan providing for payment of Rs 6.25 crore to creditors and Rs 25 lakh towards process costs against admitted creditor claims of about Rs 22,006.57 crore. Objections by dissenting creditors were rejected because they held less than 20 per cent of voting share, while the plan received 80.81 per cent support. Valuation indicated that the personal estate was worth less than the amount offered, and the tribunal declined to replace creditor commercial wisdom or assess settlement adequacy.
August 27, 2026
Show AI Summary
Sovereign credit rating stability reflects policy continuity, infrastructure investment, external strength, and fiscal consolidation pressures.
India's sovereign credit rating retained a BBB stable outlook, supported by strong growth, an external balance sheet, stable institutions, policy predictability, and infrastructure investment. Public investment and consumer demand are expected to sustain growth and assist fiscal consolidation. Constraints include weak fiscal performance, elevated government debt and interest burdens, and low per-capita income. Long-term rating support depends on financing infrastructure investment without materially widening the current-account deficit and on reducing the fiscal deficit through stable fiscal and monetary policies.
August 27, 2026
Show AI Summary
Sugar import liberalisation and stockholding limits seek to moderate retail prices amid constrained domestic supply and restricted exports.
Sugar price-control measures combine duty-free raw sugar imports, stockholding limits for dealers and bulk consumers, and an export prohibition to address elevated retail prices and curb hoarding. Domestic supply remains constrained by reduced sugarcane output, prior exports and diversion of sugar to ethanol. Net production is estimated below projected domestic demand, while closing stocks are expected to remain limited. Import access, inventory restrictions and export controls therefore operate as market-stabilisation mechanisms.
August 27, 2026
Show AI Summary
Money-laundering investigation into alleged homebuyer fraud led to searches and freezing of assets linked to realty promoters.
Money-laundering proceedings were initiated under the Prevention of Money Laundering Act on the basis of police FIRs alleging fraudulent inducement and non-delivery of residential plots. Searches at premises linked to real estate promoters resulted in the seizure or freezing of luxury vehicles, jewellery, bank accounts and securities. The investigation alleges that substantial upfront payments for residential plots were received, but a significant portion of promised plots remained undelivered, and certain plots were allegedly sold to third parties without consent.
August 27, 2026
Show AI Summary
Commercial card governance enables configurable credit, approvals, virtual cards and controlled supplier payments across enterprise payment workflows.
SpendFlow combines commercial card program configuration, credit management, virtual cards, spend controls, approvals, supplier payments, billing and accounting in one architecture. It supports centrally governed rules with approved corporate-level variations, enterprise hierarchy management, and virtual cards linked to entities, employees, accounts or credit facilities. Multi-tier approvals and virtual-card supplier payments support controlled business payment functions, while core banking and ERP connectivity links card activity with banking and enterprise financial workflows.
August 27, 2026
Show AI Summary
Basmati rice market access may be pursued through trade agreement review, subject to import limits and safety standards.
Market access for Indian basmati rice may be pursued through review of the Comprehensive Economic Partnership Agreement, as rice remains a sensitive sector subject to import quantity limits and duties beyond permitted quantities. Processed food exports offer further opportunities where exporters comply with Japanese quality and safety standards. Bilateral cooperation also covers investment, supply chains, technology partnerships and capital flows supporting infrastructure, manufacturing and semiconductor ecosystems.
August 27, 2026
Show AI Summary
Capital allocation discipline governs consideration of further Air India funding alongside business strategy, cash flow and investment requirements.
Further capital investment in Air India will be evaluated by Singapore Airlines' board through a disciplined capital-allocation process. Assessment will consider the group's capital requirements, Air India's business strategy, operating cash flow, investment needs for aircraft and products, and multi-hub investments intended to support long-term growth and returns. As a significant minority shareholder, Singapore Airlines supports Air India's transformation programme with Tata Sons, but no commitment to provide additional capital is indicated.

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January 6, 2026

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New Delhi, Jan 6 (PTI) Following are the top stories at 9 pm: NATION DEL63 INDIAN-EMBASSY-US-LOBBYING (6:25 PM)

Indian embassy took services of lobbying firm to engage with Washington on various issues New Delhi: An American lobbying firm hired by the Indian embassy in Washington has disclosed in a public filing that it helped the mission engage with the Trump administration on a range of issues, including the proposed trade deal and the "media coverage" of Operation Sindoor.

DEL59 PAR-TARIFFS (08:16 PM)

Par panel examines impact of higher US tariffs, meets affected sectors' stakeholders New Delhi: The Parliamentary Standing Committee on Commerce is assessing the impact of enhanced tariffs by the United States on the entry of various Indian products and seeks to understand the challenges faced by various sectors.

DEL46 BIZ-INDIA-RUSSIA-OIL (06:55 PM)

India imported Euro 144 bn worth of Russian oil since Ukraine war New Delhi: India imported about 144 billion euros' worth of crude oil from Russia since the start of the Ukraine war, a European think tank said on Tuesday, estimating the Kremlin's cumulative earnings from global oil sales since February 2022 at around 1 trillion euros.

DEL66 DELHI-2ND LD ALL JNU SLOGANS (09:06 PM)

Controversial slogans raised at JNU against PM, HM; probe launched; BJP condemns incident New Delhi: A protest at JNU sparked a controversy as objectionable slogans targeting Prime Minister Narendra Modi and Union Home Minister Amit Shah were allegedly raised over the denial of bail by the Supreme Court to Umar Khalid and Sharjeel Imam in the 2020 riots conspiracy case, prompting the Delhi Police to launch a probe into the matter.

DEL47 PB-LD BOY-PAK (07:40 PM)

Teen detained in Punjab for sharing information with Pakistani handlers Chandigarh: A 15-year-old boy from Pathankot has been detained for allegedly sharing sensitive information with handlers in Pakistan, police said on Tuesday. The teen belongs to Bari Brahmana area in Jammu and Kashmir close to Pathankot.

DEL51 BIZ-GOVT-GROK-LD OBSCENE CONTENT (07:36 PM)

Grok obscene AI content: Govt gives X time till Jan 7 to submit report New Delhi: The government has given X additional time till January 7 to submit a detailed Action Taken Report after it issued a stern warning to the Elon Musk-led social media platform over indecent and sexually-explicit content being generated through misuse of AI-based services like 'Grok' and other tools.

DEL50 UP-SIR-3RDLD DRAFT ROLL (07:33 PM)

UP SIR draft voter list out: 12.55 crore voters retained, 2.89 crore removed Lucknow: The draft electoral roll for Uttar Pradesh published on Tuesday after the Special Intensive Revision (SIR) excludes 2.89 crore voters but retains 12.55 crore, said Chief Electoral Officer (CEO) Navdeep Rinwa.

DEL31 CBI-LD KARUR (04:29 PM)

CBI summons TVK president Vijay in Karur stampede case New Delhi: The CBI has issued a notice to TVK president Vijay to appear for questioning on January 12 at the agency headquarters here in connection with the Karur stampede case, officials said.

DEL7 CUBA-ENVOY-VENEZUELA (03:06 PM)

US' Venezuela action 'terrorist act', India vital for global balance: Cuban envoy New Delhi: Cuban Ambassador to India Juan Carlos Marsan Aguilera on Monday strongly condemned the US military operation in Venezuela that led to the capture of President Nicolas Maduro and his wife, terming it a "criminal act" and a "terrorist act" that violates the United Nations Charter and international law.

DEL43 SONIA-LD HOSPITAL (06:43 PM) Sonia Gandhi admitted to Delhi's Ganga Ram Hospital; condition stable New Delhi: Congress leader Sonia Gandhi has been admitted to Sir Ganga Ram Hospital here after she suffered respiratory discomfort, sources said on Tuesday.

CAL17 WB-MAMATA-LD SIR (05:38 PM)

EC illegally using mobile apps developed by BJP's IT cell to conduct SIR, alleges Mamata Gangasagar: West Bengal Chief Minister Mamata Banerjee on Tuesday escalated her confrontation with the Election Commission, alleging that the poll panel was illegally using mobile applications developed by the BJP's IT cell to conduct the ongoing SIR of electoral rolls in the state.

CAL4 WB-SIR-SHAMI (12:08 PM)

Mohammed Shami asked to appear for SIR hearing in Kolkata Kolkata: Cricketer Mohammed Shami was asked to appear for the SIR verification hearing in Kolkata, officials said on Tuesday.

CAL23 WB-SIR-2ND LD DEATHS (08:27 PM)

Two men die in Bengal, families cite stress over SIR hearings Kolkata: Two men in West Bengal died on Tuesday, with families alleging that stress over the ongoing Special Intensive Revision (SIR) of electoral rolls contributed to their deaths.

CAL22 AS-HIMANTA (07:51 PM)

Bangladesh situation concerning, Assam may see impact: Himanta Bokakhat: Assam Chief Minister Himanta Biswa Sarma on Tuesday said the ongoing situation in Bangladesh is a matter of concern and the state may witness some impact of it in the coming days.

BOM15 MH-LD KALMADI (04:35 PM)

Suresh Kalmadi, former Union minister and sports administrator, passes away Pune: Congress veteran and former Union minister Suresh Kalmadi, known for a multifaceted career that intertwined politics and sports administration, passed away in Pune early Tuesday following a prolonged illness at the age of 81, family sources said.

BOM10 MH-CIVIC POLLS-BJP-SAVARKAR (02:52 PM)

BJP leader's 'respect Savarkar' remark roils ally NCP; 'We are committed to Ambedkarite ideology' Mumbai: Maharashtra minister Ashish Shelar on Tuesday suggested that the BJP expects its allies to respect Hindutva ideologue Vinayak Damodar Savarkar, triggering a sharp reaction from the NCP, led by Deputy Chief Minister Ajit Pawar, which underlined its commitment to Ambedkarite ideology.

MDS19 TN-CONG-LD ALLIANCE (08:10 PM)

TNCC firm on its alliance with DMK: TN Cong chief Chennai, Jan 6 (PTI) The Congress is firm on its alliance with the DMK, and it would talk in a dignified manner and get the number of seats it requires to contest in the forthcoming Assembly polls, TNCC President K Selvaperuthagai said on Tuesday.

MDS14 AP-GAS LEAK-LD BLAZE (06:29 PM)

Comprehensive blowout control plan finalised for Andhra gas well blaze Mori: ONGC senior management has assumed operational control of the yet to be extinguished gas well blaze here in Dr BR Ambedkar Konaseema district and finalised a comprehensive blowout control plan on Tuesday.

LEGAL LGD 26 SC-LD AIR POLLUTION (6:08PM)

Observing that the central pollution watchdog is "failing in its duty", the Supreme Court on Tuesday rapped the authority for seeking a two-month adjournment on the issue of temporary closure or relocation of toll plazas at Delhi borders to ease traffic congestion.

LGD 25 SC-POLLUTION-CAR (5:54PM)

A Car has become a status symbol, and people are saving money to buy four-wheelers after stopping using bicycles, Chief Justice of India Surya Kant said on Tuesday.

LGC1 OD-RAPE-DEATH SENTENCE (04:27 PM)

Odisha court pronounces death sentence in minor's rape-murder case Bhubaneswar: A POCSO court in Odisha’s Bargarh district on Tuesday sentenced a youth to death for the rape and murder of a six-year-old girl around 14 months ago.

LGD16 DL-HC-MINOR-SEXUAL ASSAULT (03:16)

Making small child touch private parts aggravated sexual assault: Delhi HC New Delhi: Making a small child touch one's private parts with sexual intent is aggravated sexual assault under the Protection of Children from Sexual Offences (POCSO) Act, the Delhi High Court has held.

LGD11 SC-STRAY DOGS (02:39 PM)

Stray dogs matter: So many applications don't even come in cases of humans, says SC New Delhi, Jan 6 (PTI) The Supreme Court on Tuesday took note of the number of interlocutory applications being filed before it in the stray dogs case and said that so many applications normally don't come even in cases of humans.

LGD23 DL-COURT-SONIA (04:53 PM)

Court grants more time to Sonia Gandhi to file response on plea over inclusion of her name in electoral roll New Delhi: A Delhi court on Tuesday granted time till February 7 to Congress leader Sonia Gandhi to file her reply on a plea challenging a magistrate's order refusing to probe the allegation that she was included in the electoral rolls three years before acquiring Indian citizenship in 1983.

LGM6 TN-HC-3RD LD KARTHIGAI DEEPAM (03:33 PM)

Madras HC upholds single judge ruling allowing lighting of deepam on Thirupparankundram hill Madurai: The Madras High Court's Madurai Bench on Tuesday upheld a single judge's order allowing the lighting of a lamp on the Thirupparankundram hill here, and slammed the DMK government, calling "ridiculous" its claim that lighting of the lamp will cause disturbance to public peace.

LGD28 DL-HC-WARNER BROS-PIRACY (06:46 PM)

Delhi HC has restrained several websites from illegally broadcasting popular films and shows like "Friends", "Stranger Things", "Squid Game" and "Wonder Woman", and ordered that they be blocked.

FOREIGN FGN23 BANGLA-POLLS-JAMAAT (04:34 PM)

Conditions for free polls not yet in place in Bangladesh, says Jamaat; alleges official bias Dhaka/New Delhi: Bangladesh's largest Islamist party has said that the environment for holding a free and fair election in the country is yet to be established, as it accused a section of the interim government of favouring a "particular political party".

FGN41 BANGLA-HADI-LD CHARGESHEET (07:09 PM)

Hadi killed due to political vendetta, chargesheet names 17: Bangladesh police Dhaka/New Delhi: Student leader Sharif Osman Hadi was killed due to "political vengeance" at the behest of the Awami League, Bangladesh police said on Tuesday as it pressed formal charges against 17 people in connection with the murder.

FGN20 BANGLA-HADI (02:13 PM)

Activists march for justice in Hadi killing, demand work permit ban for Indians in Bangladesh Dhaka: Slain student leader Sharif Osman Hadi's party on Tuesday launched a day-long rally in Dhaka, pressing for justice in his killing, and demanding, among other measures, the cancellation of work permits of all Indians residing in Bangladesh.

FGN19 BANGLA-LD HINDU (01:52 PM)

Another Hindu businessman killed in Bangladesh Dhaka: A 40-year-old Hindu man, owner of a grocery shop, has been murdered after unidentified attackers struck him with a sharp weapon in Bangladesh's Narsingdi city, according to a local media report.

FES16 PAK-CHURCH (04:04 PM)

Church ransacked in Pakistan's Punjab province, suspect arrested Lahore: A church has been attacked by a group of Muslim men who ransacked it and desecrated the Bible in Punjab province of Pakistan, police said on Tuesday.

FGN43 NZ-INDIA-LUXON (07:22 PM)

FTA with India to boost exports and open doors for farmers, businesses: NZ PM Wellington: New Zealand Prime Minister Christopher Luxon has said that the Free Trade Agreement with India will boost exports and open doors for farmers, growers, and businesses.

FES8 US-TECH-EVENT (10:21 AM)

Global tech companies, start-ups showcase breakthrough innovations in AI, robotics at CES 2026 Las Vegas: Breakthrough innovations in AI, robotics, mobility and health tech changing how humans live, work and connect will take centre-stage as top global companies and start-ups gather here for the world's largest technology event. By Yoshita Singh

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