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    Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman will embark on official visit to Canada and USA from 25th August to 2nd Septemb...
    UPI Completes 10 Years of Digital Payments Revolution- Globally Recognised as World’s Largest Real‑Time Payment System
    PROVISIONAL ESTIMATES OF SERVICE PRODUCER PRICE INDICES (BASE YEAR 2022-23) FOR Q1 OF FY 2026-27 AND FINAL INDICES FOR Q4 OF FY 2025-26.
    Minister of State for Commerce and Industry and Electronics & Information Technology Shri Jitin Prasada on Official Visit to Morocco.
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    Commerce and Industry Minister Shri Piyush Goyal Leads A 200-Member Business Delegation to Japan.
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    CPI(M) accuses ED of ‘politically targeting’ Pinarayi Vijayan in CMRL case
    ED arrests ex-Andhra minister K Nageswara Rao in liquor transport 'scam'
    Orris Infrastructure MD Amit Gupta arrested in cheating case
    In a knot: Surat weaving units take voluntary two-day holiday as yarn prices shoot up
    Canada will impose retaliatory tariffs on US goods beginning Sept 8 as trade negotiations collapse
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    Canada will impose retaliatory tariffs on US good beginning Sept 8
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August 24, 2026
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Bilateral economic and financial cooperation will advance through investment dialogues, business engagement, financial-sector partnerships, and global economic discussions.
Official visits to Canada and the United States are scheduled to strengthen bilateral economic and financial partnerships, deepen investment linkages, and advance cooperation on global economic priorities. Engagements include an Economic and Financial Dialogue, investment and business roundtables, corporate meetings, and discussions on financial-sector cooperation, technology, innovation, critical minerals, resilient supply chains, and a Comprehensive Economic Partnership Agreement. Participation in the G20 Finance Ministers and Central Bank Governors Meeting will address global economic growth, stability, and international financial cooperation.
August 24, 2026
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Interoperable real-time payments enable inclusive retail transactions, bank participation, and cross-border digital payment expansion through UPI.
Unified Payments Interface (UPI) operates as an interoperable, real-time digital payments platform for peer-to-peer and person-to-merchant transactions. Its network includes varied banking institutions acting as remitter and beneficiary payment service providers, with performance monitoring across participants. Person-to-merchant payments drive transaction volume through routine small-ticket retail use, while person-to-person payments represent a larger share of transaction value. UPI also supports cross-border digital payments, with future growth linked to technological advancement, broader adoption, policy support, and financial inclusion.
August 24, 2026
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Service Producer Price Indices track quarterly price movements across financial, transport, telecom and insurance services using sub-service weights.
Service Producer Price Indices based on 2022-23 set out provisional first-quarter estimates for FY 2026-27 and final fourth-quarter estimates for FY 2025-26 across financial, insurance, telecom, railway and air-passenger services. Latest quarterly data show negative year-on-year inflation for securities transaction and banking services, while banking service contribution, pension-fund management, insurance, telecom and railway services record positive inflation. Aggregate weights are not assigned because the covered services do not represent the entire service sector; sub-service weights are used to derive service-level PPIs.
August 24, 2026
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Food safety cooperation supports imported-food quality information exchange and technical collaboration within broader bilateral economic and trade engagement.
India-Morocco economic cooperation is being advanced through discussions on trade diversification, market access, investment, industrial cooperation, customs, agriculture, food safety, energy, digital transformation and logistics. A proposed food safety Memorandum of Understanding would support exchanges on imported-food safety and quality, testing laboratories, analytical methods, import procedures, quality control, sampling, testing, packaging and labelling. Proposed cultural cooperation would promote professional exchanges, heritage conservation and institutional linkages.
August 24, 2026
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Foreign-exchange market conditions pressured the rupee as dollar strength, crude concerns and geopolitical uncertainty shaped narrow USD/INR trading.
Foreign-exchange market conditions led the rupee to close marginally lower against the US dollar after reversing initial gains. The USD/INR pair traded within a narrow range amid a stronger dollar index, weak domestic equity markets, importer demand, crude-oil concerns and geopolitical uncertainty. Market commentary indicated a slight negative bias for the rupee, although possible US-dollar weakness could provide support at lower levels. India's foreign-exchange reserves increased during the referenced reporting week.
August 24, 2026
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Branch expansion for wealth and cross-border banking services targets emerging commercial centres and affluent customer segments across India.
HSBC India's branch expansion is directed at extending wealth, international banking, and corporate banking services to affluent, high-net-worth, ultra-high-net-worth, and non-resident Indian customers in emerging commercial centres. The Nashik opening forms part of a broader branch-expansion programme undertaken after Reserve Bank of India approval to establish additional branches in key cities. The programme is intended to expand delivery of banking and financial services, including support for cross-border wealth management, overseas investment by Indian companies, and foreign investment into India.
August 24, 2026
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Bilateral trade and investment cooperation advances through business engagement in high-technology manufacturing, clean energy, innovation and industrial collaboration.
India's commerce and industry engagement with Japan is structured around a business delegation visit to deepen bilateral trade, investment, technology and industrial collaboration. Sector-focused discussions cover semiconductors, artificial intelligence, start-ups, automotive manufacturing, steel, electronics, industrial and consumer markets. Business roadshows and investor interactions are directed at presenting opportunities in India's manufacturing, clean-energy and consumer sectors, while advancing cooperation in high-technology manufacturing and next-generation industries.
August 24, 2026
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Inter-state heroin trafficking enforcement uncovered concealed narcotics in transport vehicles, triggering arrests, confiscation, and continuing supply-chain investigations.
Operation Black Hawk targeted an alleged inter-state heroin trafficking network moving crude heroin from the North-East region towards Uttar Pradesh. Intelligence-led vehicle tracking and highway interceptions resulted in the seizure of over 18.6 kg of crude heroin and the arrest of three suspected network members under the Narcotic Drugs and Psychotropic Substances Act, 1985. The narcotics were detected in specially fabricated concealed compartments within a passenger vehicle fuel tank and a heavy commercial vehicle body frame. Both vehicles and the contraband were confiscated, while financial and logistical investigations continue into suppliers and distribution channels.
August 24, 2026
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Five-day banking and uniform performance incentives drive proposed bank union action over unresolved pension and employment demands.
Banking labour relations are affected by proposed nationwide industrial action over five-day banking, performance-linked incentives, and pension-related demands. Five-day banking remains pending despite a bipartite arrangement for extended weekday hours. Unions dispute an incentive scheme that differentiates awards by seniority and individual performance, contending that it departs from bank-level performance linkage and uniformity across cadres. They also allege that implementation during pending conciliation breaches a status quo obligation, while pension revision, uniform dearness allowance, and a pension-scheme switch option remain unresolved.
August 24, 2026
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Free trade agreement strategy expands preferential market access and supports India's integration into global value chains and investment partnerships.
India's free trade agreement strategy seeks to expand preferential market access and integrate the country into global value chains as a trusted trading partner. Negotiations with additional country groups and individual nations are intended to extend agreement coverage to a substantial share of global trade. Investment opportunities are identified in data centres, manufacturing and artificial intelligence, alongside an objective of developing more balanced trade relations between India and Japan.
August 24, 2026
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Foreign exchange market conditions supported rupee appreciation, but crude prices, importer demand and geopolitical sanctions concerns limited gains.
Foreign exchange market conditions supported a modest early appreciation of the rupee against the US dollar due to relative dollar softness. The gain was limited by elevated crude oil prices, importer demand for dollars, and caution over anticipated sanctions affecting Iranian oil trade, banking networks and shipping routes. Currency markets remained sensitive to geopolitical uncertainty and possible wider trade effects.
August 23, 2026
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Undeclared gold importation led to customs interception, seizure, arrest and continuing investigation after concealment inside passenger clothing.
Customs enforcement against undeclared gold importation involved interception of a passenger arriving from Sharjah at Ahmedabad airport following passenger profiling. A gold chain concealed inside clothing was recovered after it was not declared for customs purposes. The chain was seized and the passenger was arrested under the Customs Act, 1962, before being released on bail, with further investigation continuing.
August 23, 2026
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Digital arrest cyber fraud used impersonation, forged notices and coercive video calls to obtain transfers through mule accounts.
Digital arrest cyber fraud allegedly used impersonation of law-enforcement and central banking officials, fabricated notices, threats of arrest and continuous video communications to coerce a retired railway employee into disclosing financial details and transferring funds for purported verification. The alleged proceeds were routed through mule and shell accounts. Banking records, KYC details, digital evidence and transaction trails allegedly connected a recipient account with suspicious transactions and multiple cyber-fraud cases; part of the cheated amount was recovered or refunded.
August 23, 2026
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Political targeting allegations challenge money-laundering enforcement actions, searches, questioning, and public disclosures in the CMRL investigation.
CPI(M) alleges that enforcement action under the Prevention of Money Laundering Act in the CMRL matter is politically motivated targeting of Pinarayi Vijayan, family members and party associates. It contends that searches, questioning and public communications during the investigation were used to create suspicion without incriminating evidence, and characterises references to hawala as a new investigative narrative. The party also alleges selective anti-money-laundering enforcement against opposition leaders and states that the company will address the CMRL-related matter.
August 23, 2026
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Money-laundering investigation into alleged liquor transport irregularities results in arrests connected with claimed loss to the government exchequer.
Money-laundering proceedings concerning alleged financial irregularities in liquor transport led to the arrest of former Andhra Pradesh minister Karumuri Nageswara Rao under the Prevention of Money Laundering Act. The inquiry concerns alleged wrongful loss to the government exchequer arising from liquor-transport operations. Investigative measures included raids and the arrest of Rao's son, along with arrests of a former state beverages corporation managing director and the person described as the principal accused.
August 23, 2026
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Alleged LLP record forgery raises cheating, breach of trust and conspiracy concerns over unauthorised partnership interest changes.
Alleged forgery, cheating, criminal breach of trust and conspiracy concern purported unauthorised changes to LLP statutory records filed with the Registrar of Companies. The allegations include use of false documents to remove a nominated partner, substitute another person as partner and transfer a partner's interest in the LLP. The matter also draws attention to separate land-collaboration allegations and delayed possession claims by homebuyers in a halted housing project.
August 23, 2026
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Voluntary production curtailment addresses polyester yarn cost volatility as weaving units seek customs-duty relief on inputs.
Voluntary production curtailment by weaving units is being adopted in response to increased polyester yarn and related input costs. Units may reduce shifts or observe periodic holidays according to individual commercial feasibility to limit yarn consumption until prices and fabric-market conditions stabilise. Industry representatives allege that yarn-price increases exceed corresponding input-cost movements and seek examination of possible artificial pricing, along with customs-duty relief on yarn and relevant inputs.
August 22, 2026
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Retaliatory tariffs escalate trade restrictions as historic tariff authority enables duties without prior investigation or a prescribed duration.
Retaliatory tariffs are set to escalate bilateral trade restrictions after the United States imposed tariffs of up to 50 per cent on specified Canadian imports. Canada proposes dollar-for-dollar countermeasures covering sectors including steel, dairy, appliances, agricultural equipment, pulp and paper and electronics. Section 338 of the Tariff Act of 1930 is invoked as the legal basis for the United States measures, permitting presidential import duties up to 50 per cent without a prior investigation or prescribed maximum duration. Escalation creates uncertainty for supply chains and renewal of the United States-Mexico-Canada Agreement.
August 22, 2026
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Reciprocal tariffs reshape Canada-United States trade relations, increasing supply-chain risks and accelerating Canadian trade diversification beyond its primary export market.
Canada-United States trade relations are described as entering a confrontational phase after tariff negotiations collapsed. The United States imposed tariffs on specified Canadian goods, while Canada committed to reciprocal import taxes and suspended negotiations. The dispute marks a retreat from preferential market access and continental integration. Canada's export dependence on the United States may limit retaliation and increase risks to output, employment, investment and integrated supply chains. Trade diversification, non-United States investment and expanded Pacific export infrastructure are identified as responses to a potentially enduring protectionist bilateral relationship.
August 22, 2026
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Retaliatory tariffs on United States goods will target key sectors after trade negotiations failed and reciprocal tariff relief was unavailable.
Retaliatory tariffs on United States goods will take effect from 8 September in response to United States tariffs on Canadian products and unsuccessful negotiations. The dollar-for-dollar measures will cover steel, dairy, appliances, agricultural equipment, pulp and paper, and electronics, with product-specific details to follow. Canada had been willing to remove certain retaliatory tariffs if corresponding United States tariffs were substantially reduced, but considered the final demands unacceptable.

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HIGHLIGHTS

January 18, 2026

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New Delhi, Jan 18 (PTI) Following are the top stories at 5 pm: NATION CAL53 WB-PM-RALLY (04.58 PM)

PM accuses TMC of aiding infiltrators, calls for ending ‘maha jungle raj’ in Bengal Singur (WB): Prime Minister Narendra Modi on Sunday accused the TMC government of “playing with national security by aiding infiltrators" for vote-bank politics, and said it was necessary to end its “maha jungle raj” in West Bengal to pave the way for development and good governance.

CAL28 AS-PM-2NDLD RALLY (03.30 PM)

Congress handed over Assam's land to infiltrators for votes during its rule: PM Kaliabor (Assam): Prime Minister Narendra Modi on Sunday slammed the Congress, accusing the party of handing over Assam's land to infiltrators for votes during its rule in the northeastern state.

CAL33 WB-PM-LD PROJECTS (03.35 PM)

PM unveils development projects worth over Rs 830 cr in Bengal Singur (WB): Prime Minister Narendra Modi on Sunday launched development projects worth over Rs 830 crore in West Bengal and flagged off three Amrit Bharat trains connecting Kolkata with other parts of the country.

DEL12 JK-TERROR-CRYPTO (03.10 PM)

Terror funding 2.0: 'Crypto Hawala' may be used to revive separatist elements in Jammu and Kashmir Srinagar/New Delhi: Security agencies have flagged a sophisticated "crypto hawala" network bypassing the country's financial safeguards to funnel untraceable foreign funds into Jammu and Kashmir, sparking grave concerns that the money is being used to support terror activities, officials said on Sunday. By Sumir Kaul

DEL9 WANGCHUK-WIFE-INTERVIEW (RPT) (04.33 PM)

Govt seeking dates as no merit in NSA case against Sonam Wangchuk, says wife Gitanjali Angmo New Delhi: Climate activist Sonam Wangchuk's wife Gitanjali Angmo has said his arrest reflects the state of democracy in the country where power is used to "illegally detain" people, and the case has "no merit" as fresh dates are repeatedly sought by the government in court. By Anjali Ojha

DEL15 CONG-ENVIRONMENT (04.10 PM)

How long will Modi govt live in denial, asks Cong citing World Bank's air pollution report New Delhi: The Congress on Sunday cited a World Bank report on air pollution that says around one million premature deaths happen in the Indo-Gangetic plains and Himalayan foothills annually to ask how long the Narendra Modi government would live in "denial".

BOM11 MH-BHAGWAT-LD DHARMA (04.51 PM)

India will remain Vishwaguru as long as guided by dharma: Bhagwat Mumbai: RSS chief Mohan Bhagwat on Sunday said that as long as Bharat is guided by dharma, the country will remain a Vishwaguru, asserting that such spiritual knowledge is unique to India.

DEL14 CIC-ADVOCATES-RTI (03.57 PM)

Advocates cannot seek information under RTI Act for clients' cases: CIC New Delhi: The Central Information Commission (CIC) has ruled that advocates cannot use the Right to Information (RTI) Act to seek details regarding cases they are handling for clients, observing that using the transparency law in this manner fails to advance its core objectives.

MDS8 TN-STAMPEDE-CBI-VIJAY (04.58 PM)

TVK chief Vijay to appear before CBI again over stampede case, leaves for Delhi Chennai: TVK chief Vijay left for Delhi on Sunday to appear before the CBI on January 19 in connection with the Karur stampede case.

UP-FLIGHT-BOMB (01.26 PM)

Bomb threat in Delhi-Bagdogra IndiGo flight forces emergency landing in Lucknow Lucknow: An IndiGo Airlines flight en route from Delhi to Bagdogra, West Bengal made an emergency landing at the Lucknow airport on Sunday morning following a bomb threat, police said.

CAL21 WB-BELDANGA SITUATION (01.35 PM)

Bengal police conduct route marches in violence-hit Beldanga; situation calm, roads deserted Kolkata: Armed state police personnel, accompanied by Rapid Action Force, conducted route marches in violence-hit Beldanga in West Bengal's Murshidabad district on Sunday, even as shops were closed and roads wore a deserted look following back-to-back road blockades, stone pelting and assault on journalists on two consecutive days.

BOM9 MH-COURT-OLD CASES (01.57 PM)

Cold cases purge: After 5 decades, Mumbai court shutters Rs 7.65 theft case Mumbai: Nearly 50 years after the theft of Rs 7.65, a Mumbai court has finally dropped the curtain on a 1977 cold case involving two unidentified accused and a complainant who remained untraceable despite decades of police searches.

FOREIGN FGN14 WEF-INDIA (RPT) (04.41 PM)

India readies power-packed presence at WEF before global elite Davos: India is set for a power-packed representation at the World Economic Forum Annual Meeting in this Alpine resort town that will see the global elite discuss "a spirit of dialogue" in a fragmented world for five days beginning Monday.

FGN18 UK-TARIFFS-STARMER (02.44 PM)

UK PM Starmer protests Trump’s ‘completely wrong’ Greenland tariffs  London: British Prime Minister Keir Starmer has dubbed the additional tariffs threatened by US President Donald Trump over European countries opposed to his Greenland takeover as “completely wrong”.

FGN20 LANKA-INDIA-LD TOURISTS (03.42 PM)

Indians lead Sri Lanka tourists' arrival in 2025 Colombo: Sri Lanka received a total of 2.3 million tourists in 2025, with Indian travellers accounting for the largest share, according to figures released by the tourism authority.

PTI ARB ARB

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