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    IDFC FIRST Bank enables Direct Tax payments through UPI, cards, net banking and branches
    Sensex slumps 1,248 pts as IRDAI proposal hits financial shares; rising crude, US yields weigh
    Bajaj Finance Personal Loan Offers Rs. 40,000 to Rs. 55 Lakh with Tenures up to 108 Months
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September 24, 2026
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Direct tax payment gateway integration enables nationwide payments through digital options, branch channels, and customers' respective internet-banking services.
IDFC FIRST Bank's payment-gateway integration for Central Board of Direct Taxes collections enables Direct Tax payments through UPI, credit cards, debit cards, Retail and Corporate Internet Banking, and branch-based cheque, demand draft, or cash payments. Customers of other banks may use their own internet-banking facilities through the gateway. Taxpayers create a challan on the Income Tax e-Filing Portal, select Payment Gateway and IDFC FIRST Bank, choose a payment mode, complete payment, and download or print the paid challan. Payment confirmations are also accessible.
September 24, 2026
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Insurance distribution controls target commissions, expenses and loan-linked sales, reshaping bancassurance arrangements and intermediary remuneration structures.
IRDAI's consultation proposals for insurance distribution contemplate lower Expenses of Management limits, tighter commission controls, and greater control over loan-linked insurance practices. The prospective framework concerns insurer and intermediary remuneration, distribution expenses, and bancassurance fee structures. Reported concerns centre on potential effects on insurer earnings, intermediary economics, and lending-linked distribution arrangements; the measures are not described as final operative obligations or enforcement action.
September 24, 2026
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Personal loan eligibility and repayment planning: loan variants and digital applications remain subject to assessment, verification, and applicable terms.
Eligible customers may seek collateral-free personal loans within stated amount, tenure and interest-rate ranges. Loan amount, interest rate and tenure determine the EMI and total interest payable, while calculator results are estimates rather than final repayment obligations. Eligibility includes nationality, age, employment and credit-score conditions, but approval, final pricing and loan amount remain subject to lender assessment, document verification and applicable terms. Online applications require personal, financial and employment details and KYC verification.
September 24, 2026
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Nidhi company deposits lack insurance protection, requiring verification of government declaration before relying on high-return promises.
Each company seeking to function as a Nidhi must file Form NDH-4 for declaration or updated Nidhi status and comply with the Companies Act, 2013 and applicable Nidhi Rules. Nidhi companies may accept deposits and grant loans only to members. Public investors should verify declared Nidhi status rather than rely on unusually high-return promises, agent representations, or informal assurances. Deposits with Nidhi companies are not insured by the Deposit Insurance and Credit Guarantee Corporation, and recovery may be difficult where a company fails or fraud occurs.
September 24, 2026
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FCNR(B) liquidity deployment remains within banks' discretion, guided by credit pipelines, asset-liability positions, and prudent underwriting standards.
Banks retain full discretion to deploy liquidity mobilised through FCNR(B) deposits, based on their credit pipeline, lending proposals, liquidity outlook and asset-liability position. No sector-specific direction applies to use of these funds. FCNR(B) deposits are fixed-term foreign-currency deposits in which principal and interest are repayable in the same foreign currency, protecting non-resident depositors from direct rupee exchange-rate risk. Continued prudent credit appraisal and underwriting standards are expected.
September 24, 2026
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Compulsory Muslim marriage registration shifts registration to registrars under a statewide procedural framework, with local officials authorised when needed.
Compulsory registration of Muslim marriages will operate under the Assam Muslim Marriage Registration (Compulsory) Rules, 2026, framed under the Assam Compulsory Registration of Muslim Marriage and Divorces Act, 2024. Registration will be undertaken by registrars, with panchayat-level officials potentially authorised where application volumes require additional capacity. The framework addresses the registration forum after kazis were barred from registering Muslim marriages.
September 24, 2026
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Macroeconomic resilience supports fiscal consolidation, financial-sector stability, and orderly foreign-exchange management through persistent global and market shocks.
Policy management emphasises clear communication, policy certainty, macroeconomic and financial-sector stability, efficient use of buffers, and sustained structural reform. Fiscal prudence is treated as necessary to avoid unsustainable stimulus and preserve long-term stability. External-sector resilience rests on services exports and remittances, while oil and gold shocks and weaker capital inflows have created temporary balance-of-payments pressure. Further improvement is linked to lower oil dependence, export diversification, trade agreements, capital inflows and orderly foreign-exchange market management.
September 24, 2026
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Software export growth strengthens IT ecosystem as campus expansion supports startup activity, infrastructure development, and skilled employment.
Software export revenue generated by Technopark reached Rs 17,092 crore in FY 2025-26, reflecting year-on-year growth of approximately 17.3 per cent. Growth is attributed to IT infrastructure, a skilled talent base, and company performance. Technopark also operates as an IT and ITeS hub and startup ecosystem centre, with ongoing campus development intended to expand its position among major IT hubs.
September 24, 2026
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Artificial intelligence centre of excellence partnership advances industry-aligned training, supervised internships, startup mentorship, and applied research collaboration.
IIEST Shibpur and Tata Consultancy Services have entered into a Memorandum of Understanding to establish an Artificial Intelligence Centre of Excellence at the Electrical Engineering Department's high-performance computing laboratory. The collaboration supports industry-aligned training, professional certifications, practical projects, supervised internships, startup mentorship, curriculum benchmarking, and applied research in natural language processing, computer vision, image processing, and advanced data analytics.
September 24, 2026
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Money-laundering searches prompt protests over alleged political misuse while operations continue at public development offices and residences.
Enforcement Directorate search and survey operations connected with a money-laundering investigation continued at development authority offices and premises linked with housing administration, a realty company, and private residences. AAP workers protested against the searches, alleging political and administrative pressure through central investigative agencies. The party further alleged that the operations could disrupt the development authority's functioning and impede Punjab government welfare schemes.
September 24, 2026
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Money-laundering investigation procedure raises allegations over FIR registration, conflict concerns, and the choice between police, vigilance, or federal inquiry.
A police inquiry, rather than a Vigilance inquiry, was directed following an Enforcement Directorate communication seeking registration of an FIR for cognizable offences. It was contended that FIR registration should be dealt with by the police and that governmental or ministerial intervention would raise concerns where a person facing allegations is involved in deciding the investigative course. A transfer to a federal investigative agency was sought on grounds of investigative independence and perceived conflict of interest.
September 24, 2026
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Trade truce extension maintains tariff pauses and export-restriction rollbacks while negotiations continue on broader economic commitments.
United States-China trade relations may remain governed by the Busan Agreement through January 10 under a stated two-month extension, though Chinese official confirmation is pending. The arrangement maintains pauses on elevated tariffs and prior rollbacks of restrictions affecting critical minerals and high-technology exports. Negotiations may produce a broader economic package or further continuation of existing terms, while implementation of agreed commitments is under review. The parties have also proposed reciprocal alerts on AI-related hacking incidents involving national-security concerns.
September 24, 2026
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Gold Smuggling Enforcement: Concealed foreign-origin gold recovered from vehicles and a traveller, with arrests under customs law.
Gold-smuggling enforcement involved the seizure of approximately 21 kg of foreign-origin gold in two operations and the arrest of five persons under the Customs Act, 1962. Gold bars were recovered from sophisticated vehicle-chassis cavities, while gold bars and cut pieces were recovered from a passenger's specially designed cotton waist belt. The operations concerned suspected cross-border gold movement and targeted organised smuggling networks using sophisticated concealment methods.
September 24, 2026
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Cross-border gold smuggling enforcement resulted in Customs Act seizures after coordinated recovery of foreign-origin gold from border locations and a passenger.
Cross-border smuggling of foreign-origin gold through the Bangladesh route led to coordinated recoveries and seizures under the Customs Act, 1962. Gold recovered near the India-Bangladesh border was taken over for customs proceedings, including a seizure under Section 110. Foreign-origin gold concealed by a train passenger was also recovered and seized, with investigation indicating its smuggling from Bangladesh.
September 24, 2026
Show AI Summary
BRICS tax cooperation creates standing platforms for international taxation, revenue statistics, professional capacity building and peer learning.
India-led BRICS tax cooperation established standing Working Groups on International Taxation and Transfer Pricing and Revenue Statistics, providing institutional platforms extending beyond individual Chairships. It also institutionalised an annual Young Tax Professionals Capacity Building Programme, launched the BRICS Tax Cross-Learning Lab for peer learning on client-centric administration and human-resources practices, and approved the Terms of Reference for the BRICS Tax Support Network.
September 24, 2026
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Wildlife trafficking enforcement applies protected-species safeguards to seized Tokay Geckos and enables further statutory action against suspected illegal trade.
Wildlife-trafficking enforcement led to interception of two persons and seizure of 86 live Tokay Geckos under the Wildlife (Protection) Act, 1972. Tokay Geckos receive Schedule I protection under that legislation and are listed in Appendix II of CITES, regulating international trade. The persons and recovered geckos were transferred to the Mariani Range Forest Office for further action.
September 24, 2026
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Restricted firecracker imports concealed through misdeclaration trigger seizure and criminal investigation under customs enforcement law.
Concealment of restricted firecrackers within an import container declared as bottles and wallpaper resulted in customs seizure under the Customs Act, 1962. Firecracker imports are restricted under the Foreign Trade Policy and require valid Directorate General of Foreign Trade authorisation and a Petroleum and Explosives Safety Organisation licence under the Explosives Rules, 2008. Investigation into attempted clandestine clearance led to the arrest under the Customs Act of a key syndicate member alleged to have orchestrated the import.
September 24, 2026
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Merger-control approval permits FIHM's phased acquisition of IIFL Capital Services equity through subscription, open offer and promoter purchase.
Merger-control approval permits FIHM to acquire certain additional equity share capital of IIFL Capital Services through a preferential issue on a private-placement basis and through shares tendered in a mandatory open offer. FIHM may also buy shares from the target's promoters if its aggregate shareholding with HWIC remains below the Target Shareholding after these steps.
September 24, 2026
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Full ownership acquisition in beauty and personal care receives competition approval for skin care and hair care operations.
Competition approval covers L'Ore al India Private Limited's acquisition of the entire shareholding in Onesto Labs Private Limited. The proposed combination concerns India's beauty and personal care sector and places the Target under the Acquirer's full ownership. Both entities operate in beauty and personal care products, including skin care and hair care.
September 23, 2026
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Advance disbursement of central government pay addresses anticipated banking disruption, with subsequent adjustment against the following month's entitlements.
Advance disbursement of September 2026 salary, wages and pensions is authorised on 25 September for central government employees, industrial employees and pensioners because of the proposed bank strike. Payments constitute advance payments and must be adjusted after full monthly entitlements are determined, with any adjustment made from October salary or wages. End-of-month banking transactions should, where feasible, be processed in advance.

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Jyot India Foundation, with MEA Support, Announces Vasudhaiva Kutumbakam Conclave 4.0 in Mumbai to Shape a Fair World Order

January 15, 2026

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Mumbai, 15th December 2026 — Jyot India Foundation, with support of the Ministry of External Affairs, Government of India, today announced VasudhaivaKutumbakam Conclave 4.0, to be held from 16–22 January 2026 at August Kranti Maidan, Mumbai. Set against the backdrop of Sankraman Kaal—a pivotal period marked by global uncertainty, erosion of trust, and deep systemic transition—the conclave will present India’s grounded, actionable response to contemporary challenges by drawing upon 12 proven and timeless principles to shape emerging world order as free, fair and just. Held under the revered guidance of H. H. Spiritual Sovereign Jainacharya Yugbhushansuriji Maharaj, the fourth edition scales up the conclave’s ambition with high-impact dialogues, a research-driven 25,000 sq. ft. exhibition, and cross-sector participation from jurists, diplomats, policy-makers, scholars, youth, and cultural practitioners. With ‘Rule of Justice’ at its core, the initiative pays tribute to 75 years of Indian Constitution through the enduring lens of millennia-old Indian wisdom—beginning from the family and extending to society, the nation, and the world.

Over previous editions, the VasudhaivaKutumbakam mission has earned international recognition, engagement with embassies of 23 nations across the Global South and West Asia; an invitation by the Armenian Ministry of Foreign Affairs to the inaugural Yerevan Dialogue 2024; and presenting the outcome by Ambassador Ruchira Kamboj to UN General Assembly President Dennis Francis.” A world in transition needs a compass rooted in timeless values and oriented to practical outcomes. VasudhaivaKutumbakam Conclave 4.0 is designed as that bridge—between civilisational wisdom and contemporary action,” “We aim to catalyse free, fair, just, and stable systems—locally and globally.” Vasudhaiva Kutumbakam ki Oar 4.0: The Three Engines Driving Vision into Impact At the heart of the conclave lies an innovative three-engine strategy designed to convert transformative ideas into tangible results, ensuring Indic insights become impactful policies embraced by leaders and communities alike—locally, nationally, and globally.

Engine 1: Policy Makers & Bureaucrats The support from MEA for this addition is a big push for this engine and is a dawn of NGO & Government Partnership in shaping new fair world order.The architects of public policy and governance, their decisions drive systemic reform at national and international levels—holding the keys to institutional transformation. Through high-impact panel discussions and strategic debates, this engine fuels dialogue, shapes decisions, and accelerates policy innovation.

Engine 2: Youth & Students The early engagement of emerging voices and future leaders ignites out-of-the-box thinking and ensures tomorrow's decision-makers are equipped with the right perspectives. The dedicated Student Engagement Zone offers interactive sessions, workshops, and immersive learning experiences designed to inspire action and critical thinking.

Engine 3: Society at Large Every member of our communities, public awareness and acceptance fuel the momentum needed for policy reforms to take root and thrive. Societal buy-in transforms ideas into movements. Immersive exhibitions and engaging public programs create platforms for dialogue, understanding, and collective thought building.

Why These Three Engines Drive Success: Together, these engines generate: • Policy Momentum – Top-down alignment that accelerates reform • Future Continuity – Empowering the next generation of changemakers • Public Energy – Bottom-up support that sustains transformation VasudhaivaKutumbakam ki Oar 4.0 isn't just an event—it's a powerhouse for change, firing up all three engines simultaneously to ensure lasting impact.

Key Highlights (16–22 January 2026) • 10 Thematic sessions across law, governance, geopolitics, economics, society, and ethics • Multiple closed-door roundtables with jurists, diplomats, policy-makers, scholars, and thought leaders • Research-based exhibition (25,000 sq. ft.) presenting the 12 transformative principles of VasudhaivaKutumbakam—traversing family, community, national, and global systems • Legal Exhibition commemorating 75 years of the Constitution through the lens of timeless Indian wisdom.

• Student Engagement Zones: Moot Court, Model United Nations (MUN), Street Play, and Nalandavaad • Daily joint podcasts with jurists, scholars, practitioners, and youth on education, environment, media, governance, and entrepreneurship • Rich visual and broadcast opportunities: guided exhibition walkthroughs, keynote moments, and expert bytes Dignitaries (Confirmed/Expected; subject to schedules) • Hon’ble Shri Piyush Goyal, Union Minister of Commerce and Industry • Hon’ble Shri Devendra Fadnavis, Chief Minister of Maharashtra • Hon’ble Shri Chandrakant Patil, Minister of Higher and Technical Education, Maharashtra • Hon’ble Shri Adv. Ashish Shelar, Minister of Cultural Affairs, Maharashtra • Hon’ble Shri Mangal Prabhat Lodha, Minister of Skill Development and Entrepreneurship, Maharashtra • Shri B. R. Gavai, Former Chief Justice of India • Shri B. N. Srikrishna, Former Judge, Supreme Court of India • Shri Tushar Mehta, Solicitor General of India • Shri R. Venkataramani, Attorney General for India • Hon’ble Mr. Justice Shree Chandrashekhar, Chief Justice, Bombay High Court • Prof. Sachin Chaturvedi, Vice Chancellor, Nalanda University, and Central Board Director, RBI • Amb. Ruchira Kamboj, Former Permanent Representative of India to the United Nations • Dr. Vijay Chauthaiwale, In-charge, Foreign Affairs Department, BJP • Shri Shaurya Doval, Founding Director, India Foundation • Dr. Arvind Gupta, Director, Vivekananda International Foundation • Along with several other eminent national and international voices Partners: The Conclave organized by Jyot is also supported by various partners in different capacities Support Partner 1. Ministry of External Affairs (MEA) Research Partner 1. Gitarth Ganga (GG) Knowledge Partners 1. Vivekananda International Foundation (VIF) 2. India Foundation (IF) Law Partners 1. Bar Council of Maharashtra and Goa (BCMG) 2. Bombay Bar Association (BBA) Vidya Partner 1. Nalanda University Education Partners 1. Maharashtra National Law University (MNLU) 2. SVKM's Jitendra Chauhan College of Law (JCCL) 3. Dharmashastra National Law University (DNLU) 4. Government Law College (GLC) 5. Gokhale Institute of Research and Economics 6. Ajeenkya D Y Patil University 7. Sir JJ School of Art 8. Surana College 9. Mumbai University (MU) 10. Jain University 11. Institute of Law Nirma University Other Support Partners 1. BMK Foundation 2. Geostrata 3. National Institute of Mass Communication and Journalism (NiMCJ) 4. Heritage Foundation 5. Bombay Chartered Accountants' Society (BCAS) 6. Pravarsh Group of Companies The organisers stated that the conclave aims to amplify India’s civilisational response to the present Sankraman Kaal, offering a 12-principle blueprint rooted in VasudhaivaKutumbakam, and inviting wider public, institutional, and global engagement with contemporary legal, political, and civilisational challenges through the enduring lens of justice.

Event At-a-Glance • Event: VasudhaivaKutumbakam Conclave 4.0 • Theme: Sankraman Kaal • Initiative Focus: Commemorating 75 years with millennia-old wisdom • Dates: 16–22 January 2026 • Venue: August Kranti Maidan, Mumbai • Convenor: Jyot India Foundation (in association with the Ministry of External Affairs, Government of India) • Guidance: H. H. Spiritual Sovereign Jainacharya Yugbhushansuriji Maharaj (Disclaimer: The above press release comes to you under an arrangement with NRDPL and PTI takes no editorial responsibility for the same.). PTI PWR

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