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    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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    Latur CA booked for issuing certificates to facilitate remittance of hundreds of crores abroad
    Stock Market for Beginners: How to Start Investing Without Feeling Overwhelmed
    CGST Zone detects clandestine pan masala, tobacco unit, detects tax evasion of Rs 160 cr
    Korea Industry Expo (KoINDEX) 2026 Opens at Yashobhoomi on 27 August
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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...
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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.
August 22, 2026
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Power tariff revision faces political opposition over increased consumer electricity costs and conflict with prior free-electricity commitments.
Power tariff regulation in Jammu and Kashmir and Ladakh has been revised through approval of an average tariff increase, effective from 1 September 2026. Political representatives have opposed the increase on the ground that it adds to consumer hardship amid unemployment, inflation, and sectoral difficulties. The criticism also contrasts the revised tariff with prior commitments concerning free domestic electricity and gas.
August 22, 2026
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Recruitment examination integrity prompted enforcement scrutiny and proposed disciplinary inquiry, while an officer's absence was attributed to family emergency.
Reported absence of an IAS officer was attributed to a family medical emergency and a pending leave request, rather than enforcement searches concerning an alleged recruitment-examination scam. The officer denied any connection with those searches and expressed willingness to face an inquiry. Enforcement searches at the Karnataka Public Service Commission concerned a money-laundering investigation into alleged recruitment irregularities. The State Cabinet decided to advise suspension of the commission chairperson and initiation of an inquiry after an earlier suspension was set aside for lacking the Cabinet's aid and advice.
August 22, 2026
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Money-laundering and benami asset allegations prompt enforcement proceedings, while the accused officer's brother calls the action selective targeting.
Enforcement proceedings under the Prevention of Money Laundering Act concern allegations that suspended police officer Vijay Choudhary managed numerous assets through benami transactions and engaged in money laundering. An Anti-Corruption Bureau FIR had already been registered in relation to the allegations. Surinder Choudhary characterised the action as selective targeting but maintained that investigating agencies and the judiciary should address and decide matters concerning his family.
August 22, 2026
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Specialised dispute resolution requires technical expertise, timely proceedings, mediation support, and human oversight to safeguard natural justice.
Specialised, timely and effective dispute-resolution mechanisms are necessary for technically complex disputes in telecom, broadcasting, airport tariffs and cyber sectors. Technology may assist legal reasoning but cannot replace judicial reasoning, requiring verification, professional responsibility and meaningful human oversight. Effective specialised adjudication should combine domain expertise with judicial discipline, respond to technical complexity, and protect natural justice, transparency and reasoned decision-making. Mediation and other consensual mechanisms can support dispute resolution.
August 22, 2026
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Form 15CB certification faces scrutiny where inadequate verification allegedly enables foreign remittances through shell companies and false certificates.
Alleged misuse of Form 15CB certification has resulted in criminal proceedings concerning certificates issued for foreign remittances without verification of underlying documents. Form 15CB requires certification of applicable taxability and tax-deduction particulars for specified remittances to non-residents before processing by an authorised dealer. The allegations concern certificates that potentially enabled cross-border transfers through shell or non-existent companies, involving cheating, false certification, false evidence and common intention.
August 22, 2026
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Beginner stock market investing requires regulated accounts, risk-aware financial planning, diversification and informed company assessment before purchasing securities.
Beginner stock market investing requires a bank account, a trading or broking account with a SEBI-registered broker, and a Demat account for electronic holding of securities. Investments involve risk of loss and should align with financial goals, time horizon and loss-bearing capacity. Investors should understand primary and secondary markets, distinguish long-term investing from short-term trading, assess companies before purchase, diversify holdings, consider charges, maintain records and avoid borrowed-money investing, rumours and momentum-driven decisions.
August 22, 2026
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Capacity-based tobacco taxation targets undeclared packing machinery used for clandestine production and clearance without indirect tax payment.
Clandestine manufacture and clearance of pan masala, scented jarda and tobacco products without registration or payment of GST, HSNS Cess and central excise duty was detected through an intelligence-led search. Undeclared Form-Fill-Seal packing machines, workers, finished goods, raw materials, transport vehicles, packing materials and records indicated unaccounted production and clearance. Capacity-based monthly HSNS Cess for pan masala is computed according to the number, type and capacity of installed packing machines, while a corresponding capacity-based central excise levy applies to chewing tobacco, jarda and gutkha.
August 22, 2026
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Trade exhibition connects Korean exporters with Indian buyers through sector-specific consultations and certification guidance for market entry.
KoINDEX 2026 is a business-to-business trade exhibition bringing Korean manufacturers and exporters together with buyers in India and South Asia. It focuses on beauty and personal-care products, processed and functional foods, and construction, building and safety products. Commercial engagement includes pre-matched export consultations with project owners, contractors, distributors, wholesalers, e-commerce platforms and food distribution businesses. A seminar addresses Bureau of Indian Standards certification and market-entry requirements for Korean products entering the Indian market.
August 22, 2026
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Independent PMLA proceedings require separate anticipatory bail assessment; predicate-offence protection alone cannot establish pre-arrest protection.
Protection in a predicate-offence FIR does not automatically extend to independent PMLA proceedings. Anticipatory bail in a money-laundering investigation must be assessed under the applicable PMLA condition and on the material connecting the applicant to alleged proceeds of crime. Relevant considerations include the financial trail, recorded statements, bank-account analysis, compliance with summonses, cooperation with inquiry, and the need for personal participation in evidence collection and confrontation with documentary and digital material.
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.

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HIGHLIGHTS

January 19, 2026

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New Delhi, Jan 19 (PTI) Following are the top stories at 9.15 pm: NATION DEL77 INDIA-UAE-LD-PRESIDENT (09.10 PM)

Modi hosts UAE President: Massive USD 200 bn trade target, LNG deal signed New Delhi: India and the United Arab Emirates on Monday set a target of USD 200 billion in annual trade by 2032 and agreed to seal a strategic defence pact while boosting cooperation in energy, space and civil nuclear sectors with Prime Minister Narendra Modi and UAE President Sheikh Mohamed bin Zayed Al Nahyan laying out a broad agenda to shore up ties.

DEL62 INDIA-EU-SUMMIT (07.36 PM)

India-EU Summit: Trade, defence and mobility deals on table New Delhi: India and the European Union are set to announce the conclusion of a free trade agreement, firming up of a defence partnership pact and a framework for mobility of Indian professionals at the summit talks next week, diplomatic sources said on Monday.

DEL68 BJP-LD PRESIDENT (08.11 PM)

45-year-old Nitin Nabin elected unopposed as BJP president; youngest ever New Delhi: Forty-five-year-old Nitin Nabin was on Monday elected unopposed as the BJP national president, the youngest ever to occupy the post as it seeks to further expand its influence in uncharted territories.

DEL56 JK-SEARCH OPERATION-2NDLD TERRORISTS (07.17 PM)

J-K: Paratrooper succumbs to injuries as search ops continue in Kishtwar; hideout busted Jammu: A paratrooper, who was critically injured in gunfight with terrorists, succumbed to his injuries on Monday, while the ongoing search operation uncovered a suspected terror hideout packed with rations for winter in Jammu and Kashmir's Kishtwar district, officials said.

MDS31 KL-2NDLD RAHUL GANDHI (08.24 PM)

Rahul accuses BJP of centralising power, urges UDF to address Kerala's unemployment crisis Kochi: Senior Congress leader Rahul Gandhi on Monday accused the RSS and the BJP of attempting to centralise power, while asserting that his party believes in decentralisation and strengthening grassroots democracy.

DEL76 UP-LD TECHIE-DEATH (09.10 PM)

Techie's death: CM orders SIT probe, Noida Authority CEO removed amid allegations of negligence Lucknow/Noida: The Uttar Pradesh government on Monday removed the Noida Authority CEO and ordered an SIT probe into the death of the software engineer whose car plunged into a water-filled pit at an under-construction site in Noida's Sector 150, triggering widespread outrage, protests and allegations of official and developer negligence.

DEL57 CBI-3RDLD KARUR VIJAY (07.20 PM)

CBI questions TVK party chief Vijay for over six hours; no fresh summons New Delhi: The CBI questioned TVK chief and actor Vijay for over six hours at its headquarters here for the second time in connection with the Karur stampede case, officials said.

MDS33 KA-GBA-2NDLD POLLS (08.56 PM)

Bengaluru civic body polls will be held after May 25 with ballot papers: State EC Bengaluru: Elections to the five city corporations under the Greater Bengaluru Authority (GBA) will be held after May 25 with ballot papers instead of EVMs, Karnataka State Election Commissioner G S Sangreshi said on Monday.

BUSINESS DEL70 BIZ-LD RUPEE (08.25 PM)

Rupee falls 12 paise to close tad above its all-time low at 90.90/USD Mumbai: The rupee depreciated 12 paise to close at 90.90 against the greenback on Monday, a tad above its record low closing level, weighed down by robust greenback demand from metal importers and persistent foreign fund outflows.

LEGAL LGD20 SC-WB-LD SIR (05.34 PM)

SIR: SC directs EC to display names on 'logical discrepancies' list, accept documents at gram panchayat bhavans in WB New Delhi: Observing that the Special Intensive Revision process in West Bengal should be transparent and not cause inconvenience, the Supreme Court directed the Election Commission (EC) on Monday to display the names of those on the "logical discrepancies" list at gram panchayat bhavans and block offices, where documents and objections will also be submitted.

LGD21 SC-AIRFARE (05.57 PM)

SC flags concern over exorbitant rise in airfares during festivals New Delhi: The Supreme Court on Monday said it would interfere with the "unpredictable fluctuations" in airfares and flagged the exorbitant rise during festivals.

LGD24 DL-HC-PRANNOY ROY-LD TAX (07.00 PM)

Delhi HC quashes 2016 income tax notices to Prannoy Roy, Radhika Roy New Delhi: Terming the reassessment proceedings "arbitrary" and against fundamental and constitutional rights, the Delhi High Court on Monday quashed the 2016 income tax notices to NDTV founders Prannoy Roy and Radhika Roy and asked the department to pay Rs 1 lakh to each of them as token cost.

LGD25 DL-HC-3RDLD SENGAR-ORDER (07.06 PM)

Unnao rape: Delhi HC dismisses Sengar's plea to suspend sentence in death case of survivor's father New Delhi: The Delhi High Court on Monday refused to suspend the 10-year jail term of expelled BJP leader Kuldeep Singh Sengar in the custodial death case of the Unnao rape survivor's father on the grounds of delay in trial, saying it was partly caused by the multiple applications he had filed in the matter.

LGM3 KL-HC-SABARIMALA (08.58 PM)

Kerala HC says chemical analysis report reinforces fears of replacement of gold-plates at Sabarimala Kochi: The Kerala High Court on Monday observed that its apprehensions that gold-clad copper plates of the Dwarapalaka and door frames of the Sreekovil at the Sabarimala temple were replaced stood reinforced following chemical analysis report.

FOREIGN FGN54 UK-STARMER-LD TARIFFS (07.21 PM)

Trade war in no one's interest: UK PM Keir Starmer amid Trump's tariff threats London: British Prime Minister Keir Starmer on Monday stressed that the UK and the US remain close allies and a trade war is in no one's interest amid mounting pressure from President Donald Trump’s tariff threats over his pursuit of Greenland. By Aditi Khanna

FGN46 RUSSIA-PUTIN-GAZA (05.39 PM)

Prez Putin receives US invitation to join Trump's Gaza Peace Board: Kremlin Moscow: Russian President Vladimir Putin has received an invitation to join US President Donald Trump's Gaza Peace Board, and the invitation is under consideration, the Kremlin said on Monday. By Vinay Shukla

FGN47 BANGLA-COURT-HINDU MONK (06.16 PM)

Bangladeshi court opens Hindu monk's trial over murder of lawyer Dhaka: A court in Bangladesh on Monday indicted Hindu monk Chinmoy Krishna Das and 38 others in connection with the death of a lawyer in southeastern port city of Chattogram in November 2024.

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