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    DFS Concludes Two-Day Workshop on Enhancing Accessibility of Financial Services for Divyangjans
    National Financial Reporting Authority (NFRA) conducts sixth outreach programmes with focus on small and medium auditors under the theme “Creating a...
    CCI imposes monetary and non-monetary sanctions on Agro Input Dealers Association, Agro Input Welfare Association for indulging in anti-competitive co...
    India-Finland cooperation takes centre stage at circular economy forum
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    ED can't add old FIR to Enforcement Case Information Report to sustain PMLA proceedings: Delhi HC
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August 22, 2026
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Financial accessibility for Divyangjans requires compliance standards, practical implementation measures and stronger institutional capacity across financial services.
Accessibility of financial services for Divyangjans was examined through a workshop focused on public sector banks, insurance companies, regulators and public financial institutions. Discussions covered accessibility standards, compliance requirements, legal provisions, practical implementation challenges and institutional best practices under the Sugamya Bharat initiative. Participants considered operational measures to strengthen institutional capacity, inclusivity and equitable access to financial services.
August 22, 2026
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Audit quality enhancement for small and medium auditors emphasises technology, global standards, inspection insights and stronger financial reporting.
Audit quality and financial reporting reliability were the focus of NFRA's outreach programme for small and medium audit firms. The programme promoted professional capacity-building, alignment with contemporary global standards, adoption of appropriate audit technology, and the public-interest role of the accountancy profession. Technical sessions covered audit strategy documentation, risks of material misstatement, and practical lessons from audit-firm oversight to support improved day-to-day audit practice and high-quality financial reporting.
August 22, 2026
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Cartelisation by agro-input dealer associations attracted monetary sanctions, cease-and-desist directions, and mandatory competition-compliance training for responsible officials.
Cartelisation by the two agro-input dealer associations and named individuals contravened Section 3(3)(b) read with Section 3(1) of the Competition Act, 2002. Monetary sanctions were imposed, and association office-bearers were held liable under Section 48. The parties and liable officials were directed to cease and desist from future anti-competitive conduct and to organise competition-compliance training to promote awareness and compliance within the associations.
August 22, 2026
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Circular economy partnerships promote resilient value chains, resource efficiency and sustainable growth alongside evolving India-EU trade integration.
India-Finland circular economy cooperation is being developed through business, technology, investment and commercial partnerships supporting resource-efficient and sustainable growth. Discussions focused on competitive and resilient value chains based on circularity, traceability, resource efficiency and sustainable business practices. Circular economy principles extend beyond waste management into product design, value chains, resource use, skills development and new business models. The India-EU free trade agreement remains subject to legal review and formal ratification and is not yet in force.
August 22, 2026
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Bid rigging through pre-bid exchange of sensitive price information attracted penalties and cease-and-desist directions in tyre procurement.
Bid rigging in tyre procurement was established where Rekha Agencies and SS Marketing exchanged commercially sensitive price-bid information before submitting bids for the Himachal Pradesh Tender 2013. The concerted conduct contravened the prohibition on anti-competitive agreements and bid rigging. Monetary penalties and cease-and-desist directions were imposed on both enterprises. An official of Rekha Agencies was also penalised for liability arising from the contravention, while proceedings against the official of SS Marketing stood abated following his death.
August 22, 2026
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Import tariffs on Canadian products trigger potential retaliatory levies after bilateral negotiations fail to reach agreement.
Import tariffs on Canadian products are set to be imposed by the United States at a 50% rate after bilateral negotiations did not produce an agreement. The measures cover products including hockey sticks and tongue depressors and affect a limited share of Canada's annual exports to the United States. Canada has indicated possible retaliatory levies, intensifying the bilateral trade dispute.
August 21, 2026
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Rupee exchange-rate movement reflected geopolitical tensions, crude oil conditions and market intervention, while export payment rules expanded rupee invoicing.
Foreign Trade Policy amendments facilitate export invoicing and receipt of payments in Indian rupees. For exports to countries outside the Asian Clearing Union, export contracts and invoices may be denominated in Indian rupees or any foreign currency. The earlier general requirement that export earnings be received in a freely convertible currency is thereby eased, while applicable rules continue to vary according to destination.
August 21, 2026
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Non-controlling land-bordering country ownership permits eligible foreign investment through the automatic route, subject to sectoral conditions and reporting.
Foreign direct investment may use the automatic route where non-controlling beneficial ownership from a land-bordering country in the investor entity does not exceed 10%, subject to sectoral caps, entry routes and other applicable conditions. The beneficial ownership test applies at the investor-entity level. Eligible investors need not obtain separate prior Government approval after reporting relevant information to the Government. The framework replaces the earlier approval requirement applicable even to minimal beneficial ownership from land-bordering countries.
August 21, 2026
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Climate-resilient urban water security modernises Chennai's supply and sanitation systems through ring-main infrastructure, digital monitoring, and safer sewer operations.
Chennai Climate-Resilient Water Security and Sewerage Project modernises and expands water supply and sanitation infrastructure through a loan arrangement between the Government of India and the Asian Development Bank. Measures include new pipelines, upgraded pumping stations, performance-based utility operations, and a comprehensive ring-main system to improve water-pressure balance, distribution efficiency, reliability and climate resilience. Digital monitoring and advanced blockage-detection technology are intended to improve operational decisions, customer responsiveness and worker safety while eliminating hazardous manual sewer inspections.
August 21, 2026
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Capacity-based taxation targets undeclared pouch-packing machinery used for clandestine pan masala and tobacco production and untaxed clearances.
Capacity-based taxation of pan masala and specified tobacco products is determined by the number, type and capacity of installed pouch-packing machines. Searches at interconnected manufacturing and trading premises detected unregistered operations using undeclared machinery for clandestine manufacture and clearance of pan masala, scented jarda and gutkha without payment of GST, HSNS cess and central excise duty. Finished goods, raw materials, packing materials and machinery were seized. The manufacturing firm's proprietor was prima facie identified as managing the operation and was arrested under the applicable cess and central excise laws.
August 21, 2026
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Technology risk oversight requires Urban Co-operative Banks to retain accountability while building shared and role-specific capabilities.
Urban Co-operative Banks must strengthen digital and risk-management capabilities as technology dependence exposes them to cyber threats, fraud, service-provider failures and common-platform vulnerabilities. Outsourcing critical systems does not transfer the bank's responsibility for oversight, safeguards and continuity. Boards and senior management must retain sufficient knowledge to supervise external providers effectively. Mission SAKSHAM supports role-specific, continuous capability building through physical and online learning, while collective infrastructure and shared expertise can supplement individual institutional capacity.
August 21, 2026
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Foreign exchange market modernisation prioritises delegated decisions, customer transparency, digital workflows, local-currency settlement and accountable risk management.
Foreign exchange market modernisation advances a facilitative, principles-based framework based on delegated decision-making by Authorised Dealers, risk-based reporting, and customer-centric service standards. Authorised Dealers must apply clear internal policies, avoid unnecessary documentation, disclose charges, timelines and grievance mechanisms, and ensure consistent treatment of comparable transactions. Local-currency settlement requires viable trade corridors, competitive hedging, correspondent relationships and robust AML/CFT controls. Digital workflows, electronic trading and reporting infrastructure should improve transparency and resilience, while automated tools remain subject to explainability, review and data-protection safeguards.
August 21, 2026
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Sugar price containment measures restrict stockholding, permit duty-free imports, and strengthen inventory verification to deter hoarding.
Sugar price containment measures include stock limits for dealers, consumption-based inventory restrictions for bulk consumers, duty-free raw sugar imports, and physical verification of mill stocks to prevent hoarding and artificial scarcity. Price increases are attributed to lower domestic output, festive demand, crop damage, tighter global supplies, and speculation rather than sugar diversion for ethanol. Earlier crushing is advised to improve seasonal availability, while the ethanol programme supports management of sugar surpluses, mill liquidity, and timely sugarcane payments.
August 21, 2026
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Cross-border insolvency enforcement constrains asset recovery as Evergrande liquidation, founder asset confiscation, and audit-related claims continue.
Evergrande's insolvency process involves liquidation proceedings for its mainland property-development unit and its Hong Kong-listed holding company. Cross-border recovery is constrained by separate Hong Kong and mainland China legal systems, particularly because most operational assets are located in mainland China. Liquidators are pursuing asset-tracing and recovery measures against the founder and connected persons, as well as claims concerning pre-collapse audits. Investigations identified revenue overstatement through manipulated financial data. Creditor recoveries are expected to be limited due to substantial liabilities and constraints on asset realisation.
August 21, 2026
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Foreign exchange reserves rose through higher currency assets and gold holdings amid measures to attract external forex inflows.
India's foreign exchange reserves increased during the reporting week, led by higher foreign currency assets and gold reserves. Foreign currency assets include the dollar-value effects of movements in non-US currencies held as reserves. Special drawing rights declined marginally, while the reserve position with the International Monetary Fund increased marginally. Concessional swap arrangements formed part of measures to attract foreign-exchange inflows, while earlier reserve movements were linked to rupee pressure and dollar-sale intervention in the foreign-exchange market.
August 21, 2026
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Incremental tariff recovery aligns airport user charges with completed infrastructure, preventing passengers from funding non-operational capital projects prematurely.
User development fees and airport tariffs for Bengaluru International Airport have been revised for the April 2026 to March 2031 control period. The incremental Average Revenue Requirement framework excludes costs of identified high-value capital projects from tariffs until the relevant assets are completed, commissioned and available for users. Incremental tariff recovery may begin only upon operational availability, aligning charges with infrastructure use, reducing premature recovery risk for passengers and airlines, and encouraging timely completion of major capital works.
August 21, 2026
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Customer experience analytics enables banks to convert real-time feedback into operational improvements across high-value customer journeys.
Customer experience analytics is used in banking to transform customer data and real-time feedback into operational improvements across key customer journeys. Operational teams retain responsibility for strategy and execution, supported by in-house analytics and technology platforms for multi-channel journey mapping, journey analytics and prioritisation of high-value customer segments. AI-driven customer experience management tools capture customer signals, analyse journey performance and operationalise actionable insights across teams.
August 21, 2026
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Predicate-offence dependency limits retrospective addition of old FIRs to preserve money-laundering proceedings after the original scheduled offence is closed.
Predicate-offence dependency under the Prevention of Money Laundering Act requires an ECIR to rest on a subsisting scheduled offence. Closure of the FIR forming its basis through an accepted cancellation report prevents continuation of money-laundering proceedings unless that closure is overturned. A previously registered FIR cannot be belatedly added merely to preserve an existing ECIR and coercive powers. Where statutory requirements are met, an independently registered ECIR may be required. Expansion of an ECIR cannot rest solely on tenuous factual links between successive disputes.
August 21, 2026
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Indian rupee export invoicing rules now permit overseas contracts and invoices in rupees or foreign currency for eligible destinations.
Foreign Trade Policy provisions were amended to facilitate invoicing of overseas exports and receipt of export payments in Indian rupees. For exports to countries outside the Asian Clearing Union, export contracts and invoices may be denominated in Indian rupees or any foreign currency, replacing the earlier general requirement that export earnings be received in a freely convertible currency. The applicable requirements vary according to the destination country.
August 21, 2026
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Dealer inventory financing supports working-capital flexibility, vehicle inventory management and electric-vehicle network expansion for authorised dealers.
Dealer inventory financing is to be provided by Federal Bank to VinFast India's authorised dealer network under a memorandum of understanding. The tailored financing is intended to improve dealers' working-capital flexibility, support maintenance of vehicle inventory, strengthen operational capability, and enable timely response to demand as the electric-vehicle distribution network expands.

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January 11, 2026

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New Delhi, Jan 11 (PTI) Following are the top stories at 9 pm: NATION DEL28 SOMNATH-PM-SHURYA YATRA-LD SCENE (8.08 PM)

PM takes part in 'Shaurya Yatra' in Somnath, 108 horses present majestic sight Somnath (Gujarat): Priests played 'damrus' and 108 horses slowly trotted towards the Veer Hamirji Gohil Circle that faced the Somnath temple complex here on Sunday as Prime Minister Narendra Modi led a ceremonial procession to the ancient shrine amid traditional dance performances. By Kunal Dutt

DEL26 CONG-UP-PROTEST (RPT) (8.27 PM)

Cong slams 'trouble-engine' UP govt for 'brutal lathi-charge' on MGNREGA Bachao protesters New Delhi: The Congress on Sunday alleged that the “Yogi-Modi trouble-engine” government in Uttar Pradesh ordered the police to “brutally lathi-charge” NSUI protesters taking out a peaceful march in Varanasi as part of the party’s nationwide ‘MGNREGA Bachao Sangram'.

DEL27 BJP-WB-MAMATA (7.59 PM)

I-PAC political-consultancy firm or TMC's slush-money front, asks BJP New Delhi: The BJP launched a fresh attack on West Bengal Chief Minister Mamata Banerjee on Sunday, alleging that the manner in which she "forcibly" took away files from the premises of the I-PAC during the ED's raids in Kolkata two days ago raises the question that whether it is a political-consultancy firm or the TMC's slush-money front.

DEL22 ED-AL FALAH (5.24 PM)

ED may attach Al Falah University campus under anti-money laundering law New Delhi: The Al Falah University campus in Haryana's Faridabad, which came under the scanner of investigating agencies after the Red Fort area blast, could be attached by the Enforcement Directorate under the anti-money laundering law, official sources said on Sunday.

CAL27 AS-LD CJI (6.53 PM)

Personal interests not grounds for opposing new infra: CJI on Gauhati HC Bar Association's stir Guwahati: Chief Justice of India Surya Kant expressed surprise at the opposition by members of the Gauhati High Court Bar Association (GHCBA) to the new Integrated Judicial Court Complex in Assam’s Kamrup district, the foundation stone for which he laid on Sunday.

DEL29 LD COLD (8.20 PM)

Freezing temperatures in Rajasthan as winter chill grips north India, cold wave hits Delhi New Delhi: The intense cold sweeping through north India tightened its grip further on Sunday, with parts of Rajasthan experiencing sub-zero temperatures and the mercury in Delhi dropped to 2.9 degrees Celsius for the first time this year.

DEL25 SONIA-HOSPITAL-DISCHARGE (7.00 PM)

Sonia Gandhi discharged from Ganga Ram hospital New Delhi: Congress leader Sonia Gandhi, who was admitted to Sir Ganga Ram Hospital here nearly a week ago for exacerbation of bronchial asthma due to chest infection, was discharged on Sunday, hospital authorities said.

DEL20 CRYPTO-LD VERIFICATION (5.14 PM)

India tightens crypto noose: Live selfies, geo-tagging now mandatory for users New Delhi: In an effort to eliminate illegal activity in the digital asset market, India's Financial Intelligence Unit (FIU) has unveiled stringent new Anti-Money Laundering (AML) and Know Your Customer (KYC) protocols for cryptocurrency exchanges, including mandatory liveness detection and geographical tracking during the onboarding process. By Neelabh Srivastava

CAL31 AS-SHUTDOWN (8.27 PM)

Shutdown in Assam's Kokrajhar over rape of mentally-challenged woman, govt appeals for calm Kokrajhar: Normal life was disrupted on Sunday in Assam’s Kokrajhar district, where a bandh was called to protest the alleged rape of a mentally-challenged woman.

Markets and business establishments remained shut, and public transport stayed off the roads as a result of the bandh called by the World Hindu Federation.

MDS26 KL-MAMKOOTATHIL-LD CONGRESS (8.43 PM)

Congress distances itself from arrested MLA Rahul Mamkootathil Thiruvananthapuram: The Congress on Sunday distanced itself from MLA Rahul Mamkootathil, who was arrested in a sexual assault case, stating that he had been expelled from the party long ago.

LEGAL LGD4 SC-PREVENTIVE DETENTION (6.21 PM)

Apprehension of detenu engaging in crime if granted bail no ground for preventive detention: SC New Delhi: Mere apprehension on the part of the detaining authority that if a detenu is released on bail, he/she would indulge in similar crimes that would be prejudicial to public order will not be a sufficient ground to order preventive detention, the Supreme Court has said.

LGD1 SC-WB-ED RAIDS (1.34 PM)

I-PAC raids: ED moves SC against 'interference' by CM Mamata Banerjee; WB govt files caveat New Delhi: The Enforcement Directorate has approached the Supreme Court alleging interference and obstruction by the West Bengal government, including by Chief Minister Mamata Banerjee, in its probe and search operation at the I-PAC office and premises of its director Pratik Jain in connection with the coal pilferage scam.

FOREIGN FGN43 LANKA-CYCLONE-LD INDIA (8.20 PM)

First India-funded Bailey Bridge opens for traffic in cyclone-hit Sri Lanka Colombo: The first Bailey Bridge built with India's assistance package to Sri Lanka has been opened for traffic in the cyclone-hit island nation, the Indian mission here said on Sunday.

FGN33 NEPAL-NC-CONVENTION (5.16 PM)

Nepali Congress rebel faction kicks off special convention Kathmandu: Dissident faction of Nepali Congress kicked off a Special General Convention here on Sunday to chalk out the strategy ahead of the March 5 general election, despite objections by senior leaders. By Shirish B Pradhan

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