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    CBI FIR against Subhash Chandra for 'inflation' of net worth to secure nearly Rs 1,000-cr in loans
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September 5, 2026
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Alleged inflation of personal net worth underpins fraud and breach-of-trust accusations over secured corporate lending.
CBI registration of an FIR concerns allegations that inflated personal net-worth certificates were used to secure corporate loan facilities from Life Insurance Corporation Housing Finance Ltd. The lender alleges that the certificates influenced lending decisions, the facilities subsequently defaulted, and later insolvency proceedings disclosed inconsistency between the represented and asserted net-worth figures. Allegations include collusion with borrower entities, false documentation, cheating, misappropriation of loan funds, and breach of lender trust.
September 5, 2026
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Free trade agreement utilisation requires district-level exporter support, rules-of-origin assistance, standards compliance, and coordinated market-access outreach nationwide.
Free Trade Agreement utilisation is to be advanced through coordinated action by central and state governments, sectoral ministries, Export Promotion Councils, industry associations and local export-support institutions. Preferential treatment is assessed against tariff rates faced by competing countries, while export competitiveness depends on scale, quality, customer trust and timely delivery. The Export Promotion Mission supports export credit, digitised compliance and FTA documentation, including rules-of-origin certification. District-level identification of products, clusters, new exporters and practical constraints, supported by workshops and rapid online facilitation, is intended to deepen market access.
September 5, 2026
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Automotive localisation and export competitiveness are prioritised through global-standard manufacturing, technology partnerships, sustainable mobility, and government infrastructure support.
Automotive-sector localisation, export expansion and global-standard manufacturing are prioritised to strengthen India's role in global production and trade. Companies are urged to invest in technology, innovation, research and development, use domestic scale for overseas markets, and avoid supplying inferior products domestically. Trade agreements are positioned as channels for market access, technology absorption and exports. Greater indigenisation is encouraged through component localisation, technology collaborations and expanded exports, supported by critical minerals, batteries, indigenous energy sources, research funding, plug-and-play infrastructure and industrial ecosystems.
September 5, 2026
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Circular textile procurement integrates certification, product categories and seller support to expand government markets for recycled materials.
Memorandum of Understanding for circular textile procurement links certification, standardisation and public-market access for recycled and upcycled products made from textile waste, scrap and second-hand clothes. The Textiles Committee will identify, verify, certify and recognise eligible producers and support specifications, catalogues and capacity building. Government e Marketplace will create dedicated product categories, onboard sellers, facilitate online market linkages, promote products to government buyers, and provide training and handholding to recyclers and upcyclers.
September 5, 2026
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India-EU Free Trade Agreement promotes tariff reduction, market access, investment resilience, and India-Belgium industrial and skills cooperation.
India-EU Free Trade Agreement is presented as reducing or removing tariffs on more than 95 per cent of Indian and European goods exports while protecting sensitive sectors on both sides. It is intended to expand trade, investment and economic resilience, with the Port of Antwerp-Bruges serving as a major gateway for Indian exports into European markets. India-Belgium cooperation is identified in gems and jewellery, semiconductors, green hydrogen, advanced manufacturing, agriculture and food processing, supported by mutual recognition, workforce mobility, skills development and technology collaboration.
September 5, 2026
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MSME compliance capacity-building programme launches structured learning and workplace training to develop certified paraprofessional support.
Corporate Mitra Course has commenced to develop trained and certified paraprofessionals capable of providing affordable business and regulatory compliance support to Micro, Small and Medium Enterprises. The 12-month programme includes six months of structured academic learning and six months of on-the-job training in professional firms. Its digital learning system offers recorded lectures, reference materials, assessments and learner-support facilities. The programme aims to strengthen MSME formalisation, ease of doing business, trust, transparency, accountability and orderly growth.
September 5, 2026
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Audit quality advisory committee broadens expert input on assurance, technology, and stakeholder perspectives in oversight.
NFRA has constituted an Advisory Committee on Audit Quality, Assurance and Technology under Rules 15 and 16 of the National Financial Reporting Authority Rules, 2018. The Committee will provide expert inputs and suggestions on matters significantly affecting audit quality, while supporting functions relating to awareness of auditing and accounting standards. Its members represent professionals, chief financial officers, audit committees, independent directors, technology experts, regulators and industry.
September 4, 2026
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Money laundering allegations over fraudulent marriage-assistance disbursements prompted investigation into false credentials and ineligible beneficiary payments.
Alleged money laundering arose from fraudulent disbursement of marriage-assistance funds intended for daughters of registered construction workers. The allegations include approvals and releases for suspicious marriage cases, use of bank accounts opened or misused on false credentials, multiple cash withdrawals, and extension of benefits to ineligible persons. Investigation under the Prevention of Money Laundering Act followed an economic-offences FIR concerning suspected misuse of the welfare scheme.
September 4, 2026
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Money-laundering allegations: discharge plea attributes airline's financial collapse to macroeconomic conditions and denies loan siphoning through sales agents.
Money-laundering proceedings arising from alleged bank fraud concern claims that loans advanced to an airline were siphoned off. The discharge application attributes the airline's financial collapse to adverse macroeconomic conditions rather than fraudulent conduct or laundering, denies diversion through General Sales Agents, and maintains that related payments were board-approved and disclosed. It also contests the treatment of the bank's outstanding claim as funds received by the founder, while the investigating agency alleges systemic fraud, loan diversion and laundering.
September 4, 2026
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Foreign exchange market conditions supported rupee appreciation, while oil prices and geopolitical tensions limited potential gains.
Foreign exchange market conditions supported the rupee's appreciation by 8 paise to 94.43 against the US dollar, aided by positive domestic equity markets, improved risk appetite, foreign capital inflows and foreign institutional buying. Reserve Bank of India intervention was also cited as support. Elevated crude oil prices, safe-haven dollar demand and United States-Iran tensions were identified as factors limiting further gains. India's foreign exchange reserves increased to a new all-time high during the relevant reporting week.
September 4, 2026
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Offer-for-sale IPO clearance enables existing exchange shareholders to monetise holdings, while sale proceeds remain outside the exchange.
Regulatory clearance permits the National Stock Exchange to proceed with an initial public offering structured wholly as an offer for sale by existing shareholders. The proposed issue does not raise fresh capital, and sale proceeds will accrue to the selling shareholders rather than the exchange. Revised offer documents were required after addition of a selling shareholder, triggering a fresh public-feedback period. The offering follows settlement of co-location and dark-fibre matters and governance and compliance measures addressing regulatory concerns.
September 4, 2026
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Equity market resilience was tempered by profit booking, geopolitical tensions, global rate expectations and domestic liquidity.
Equity markets registered a recovery after four consecutive losing sessions, led by buying in metal, private banking, oil and gas, housing finance, telecommunication, insurance, commodities and financial services shares. The benchmark equity index closed higher, while the broader index recorded a modest gain after retreating from an intraday level above the psychological threshold during the newly introduced Closing Auction Session. Investor sentiment was supported by easing interest-rate concerns, strong earnings momentum, resilient economic growth and domestic demand, but was constrained by profit booking, geopolitical tensions and crude-oil price risks.
September 4, 2026
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Forex reserve management reflects rising foreign currency assets and gold holdings, alongside marginal declines in SDRs and IMF reserve position.
India's foreign exchange reserves increased to a fresh all-time high, supported principally by higher foreign currency assets and gold reserves. Reserve accumulation has continued after concessional foreign-exchange swap initiatives introduced amid local-currency depreciation. Foreign currency assets, expressed in United States dollar terms, also reflect valuation effects from movements in currencies such as the euro, pound and yen. Special drawing rights and the reserve position with the International Monetary Fund declined marginally.
September 4, 2026
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IPO regulatory clearance enables further public issue preparations, with existing shareholders proposing a complete offer for sale.
SEBI's final observations on the proposed initial public offering enable the National Stock Exchange to undertake further public-issue preparations, subject to applicable regulatory requirements. The proposed issue is structured entirely as an offer for sale, under which existing shareholders would divest a portion of their holdings rather than the exchange issuing new shares. The draft red herring prospectus contemplates sale of 14.89 crore shares, representing nearly 6 per cent of the exchange's stake.
September 4, 2026
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Personal security frameworks evolved from elite guards into intelligence-led protection systems, while VIP culture can distort their necessity.
Personal security evolved from elite guards into structured systems combining physical protection, intelligence, technology and specialised protocols. Prime Ministerial security in India was reorganised after the 1984 assassination of Prime Minister Indira Gandhi by her bodyguards. A commission recommended a single protective agency, leading to the formation of the Special Protection Group in 1985. Statutory parameters introduced in 1988 sought to rationalise and scientifically streamline protection arrangements. Advanced technology, training, intelligence and protocols do not eliminate personal-protection vulnerabilities, and security is characterised as a necessity rather than a status symbol.
September 4, 2026
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Rupee exchange-rate movement reflects foreign-currency deposit inflows, central-bank intervention, oil-price risks and changing market risk appetite.
Foreign-exchange liquidity measures, including a special central-bank programme for foreign-currency deposits, generated substantial inflows that supported the rupee. Inflows from foreign-currency deposits, overseas foreign-currency borrowings and external commercial borrowings strengthened market conditions. Rupee appreciation was also supported by foreign equity inflows and risk appetite, but remained vulnerable to higher crude-oil prices, US-Iran tensions, safe-haven demand for the US dollar and possible disruption to oil flows through the Strait of Hormuz.
September 3, 2026
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Trade agreement consultations safeguard farmer, worker, MSME and sectoral sensitivities while phased bilateral tariff negotiations continue.
India-US bilateral trade agreement negotiations are being pursued on the stated basis that Indian sensitivities will not be compromised. The agreement's text remains non-public, while the government position identifies farmers, fishers, micro, small and medium enterprises, workers, handloom and handicrafts sectors, and the automobile industry as protected considerations. The arrangement is described as a first tranche, with further engagement contemplated following changes in the United States tariff landscape.
September 3, 2026
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Unauthorised toll collection apps allegedly generated fake receipts, concealed non-FASTag collections, and triggered a money-laundering investigation.
Unauthorised digital applications allegedly enabled toll collection from vehicles without FASTag stickers outside the official reporting system. Mobdata and Any were allegedly used to generate unauthorised or fake toll receipts, conceal collections from NHAI, and monitor such collections through dedicated portals. A PMLA investigation followed an FIR alleging fraudulent toll collection, with digital forensic material indicating use of the mechanism across around 100 toll plazas. Searches resulted in seizure of financial and digital records and freezing of bank accounts.
September 3, 2026
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Economic offence investigations: cross-border training strengthens officers' practical skills in investigation, prosecution, procedures, and handling complex financial crimes.
Capacity-building training under the Indian Technical and Economic Cooperation programme equipped officers from member countries with practical skills for investigating economic offences. It covered varied forms of financial and economic crime, cross-border impact, challenges in investigation and prosecution, standard operating procedures, and investigative best practices. The specialised law-enforcement engagement aims to strengthen international cooperation and investigative capacity in economic-offence matters.
September 3, 2026
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Unauthorised Aadhaar credential use triggers blacklisting and procurement debarment following alleged post-termination enrolment and update transactions.
Alleged unauthorised use of Aadhaar Registrar/EA Code credentials after termination of an operational engagement led the Delhi Construction and Other Workers Welfare Board to blacklist MDS Solution Pvt Ltd. UIDAI communication indicated that Aadhaar-related activity allegedly continued after cancellation through the Board's credentials. The Board lodged a police complaint, barred the firm from its tenders, procurement processes, empanelment and contract awards, and recommended consideration of action under applicable rules and policies.

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January 26, 2026

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New Delhi, Jan 26 (PTI) Following are the top stories at 5 pm: NATION DEL62 DAY-LDALL-PARADE (04:55 PM)

From Op Sindoor to indigenous missiles: India flaunts military might at 77th Republic Day New Delhi: India ushered in its 77th Republic Day on Monday with a grand display of its cultural heritage, economic growth and military might that included warplanes, indigenously-built missiles, newly-raised units and lethal weapons used during Operation Sindoor.

DEL9 DAY-SHUBHANSHU-ASHOKA CHAKRA (10:50 AM)

President Droupadi Murmu confers Ashoka Chakra to space hero Shubhanshu Shukla New Delhi: President Droupadi Murmu on Monday conferred India's highest peacetime gallantry award, Ashoka Chakra, to Group Captain Shubhanshu Shukla, who created history by becoming the first Indian to set foot on the International Space Station (ISS).

DEL7 DAY-VANDE MATARAM-PARADE THEME (10:39 AM)

R-Day Parade celebrates 150 years of 'Vande Mataram' with rare artwork display New Delhi: Prints of old paintings by artist Tejendra Kumar Mitra, illustrating the opening stanzas of 'Vande Mataram', adorned the enclosure backdrops along the Kartavya Path at the 77th Republic Day Parade here.

DEL42 DAY-PM-TURBAN (12:29 PM)

77th Republic Day: PM Modi's deep maroon, golden motif turban steals show New Delhi: Prime Minister Narendra Modi sported a deep-maroon coloured turban with a golden peacock feather motif for the 77th Republic Day celebrations, adding a dash of ceremonial elegance to the attire.

DEL60 PM-EU (04:24 PM)

EU leaders' presence at R-Day reflects growing strength of India-EU ties: PM Modi New Delhi: Prime Minister Narendra Modi on Monday said the presence of leaders of the European Union at the Republic Day celebrations underscores the growing strength of the India-EU partnership and the commitment to shared values.

DEL54 DAY-EU-LD CHIEF GUEST (02:52 PM)

A successful India makes world more stable: EU's Ursula von der Leyen New Delhi: A successful India makes the world more stable, prosperous and secure, European Commission President Ursula von der Leyen said on Monday, after witnessing the 77th Republic-Day celebrations at the majestic Kartavya Path here, a day ahead of the India-EU summit.

DEL59 INDIA-EU-SUMMIT (04:02 PM)

EU, India set to announce conclusion of FTA talks, roll out mega agenda to expand ties at summit talks New Delhi: An announcement on the conclusion of talks on an ambitious free trade deal and finalisation of a strategic defence pact as well as a mobility framework are set to be the main deliverables at the India-European Union summit talks on Tuesday.

DEL58 DAY-TRUMP-MESSAGE (03:28 PM)

US, India share a historic bond: President Trump in R-Day message New Delhi: The United States and India share a historic bond as the world's oldest and largest democracies, US President Donald Trump said on Monday as he greeted India on its 77th Republic Day celebrations.

DEL55 CONG-CENSUS (03:07 PM)

Congress questions Modi govt's intentions on caste census, seeks dialogue New Delhi: The Congress on Monday said one of the questions in the houselisting and housing census raises serious questions on the government's true intentions for the caste census and demanded it hold talks with political parties, states and civil society organisations before finalising the details of the caste enumeration exercise.

DEL57 JK-TERROR-OPERATION (03:14 PM)

Search operation extended to new areas to hunt down terrorist in JK’s Kishtwar Jammu: Despite a challenging situation in the wake of recent snowfall, the security forces on Monday extended the ongoing combing operation in the higher reaches of Jammu and Kashmir’s Kishtwar district following a fresh gunfight the previous night, officials said.

BOM13 CG-NAXAL-LD BLAST (02:58 PM)

11 security personnel injured as IEDs planted by Naxalites go off in Chhattisgarh Raipur: Eleven security personnel were injured after improvised explosive devices (IEDs) planted by Maoists went off during an anti-Naxalite operation in Chhattisgarh's Bijapur district, an official said on Monday.

DEL47 AVI-BOEING-INDIA (01:21 PM)

Dreamliners have bright future in India; expect more orders: Boeing New Delhi: US aircraft maker Boeing expects more orders for its Dreamliners in the Indian market, which is poised for substantial growth in the coming years, according to a senior company executive.By Manoj Rammohan

MDS26 KL-CPIM-LD THAROOR (04:50 PM)

Tharoor declines to comment on discussions with CPI(M), leaders dismiss move Thiruvananthapuram: Congress MP Shashi Tharoor has said that he has seen reports claiming that he had held discussions with persons associated with the CPI(M) in Dubai, but declined to comment on the matter.

LEGAL LGD2 UP-HC-LIVE-IN (02:43 PM)

Allahabad HC says live-in influenced by western ideas, sets aside life term in rape case Prayagraj: The increased tendency among the youth to opt for live-in is influenced by "western ideas", said the Allahabad High Court as it set aside the life imprisonment awarded to a man accused of kidnapping and sexually assaulting a girl after it was found that she was an adult who entered into a consensual relationship.

BUSINESS DEL53 BIZ-BUD-TEAM (02:50 PM)

Team of officials assisting Finance Minister in preparing Budget 2026-27 New Delhi: As Finance Minister Nirmala Sitharaman starts to give finishing touches to her record ninth Budget in a row, she is being assisted by an experienced team of bureaucrats at the Finance Ministry.

DEL50 BIZ-INDIA-EU FTA (02:18 PM)

Duty cuts on labour-intensive sectors, cars, wines likely part of India, EU FTA: Sources New Delhi: Import duty cuts on labour-intensive sectors such as textiles and footwear, as well as cars, and wines, are likely to be part of the free trade agreement between India and the 27-nation bloc European Union (EU), the conclusion of which is set to be announced on January 27 here, sources said.

DEL10 BIZ-INDIA-RUSSIAN-OIL (10:54 AM)

Reliance stays away from Russian oil, public sector firms lap it up Betul (Goa): Reliance Industries Ltd, India's biggest buyer of Russian crude oil, has not bought any barrels from Kremlin in January so far while state-run refiners have stepped up imports prompted by discounts hitting some USD 7 per barrel, almost triple the level seen in mid-2025.

FOREIGN FGN19 DAY-LD DIASPORA (03:06 PM)

Indians abroad celebrate 77th Republic Day; greetings pour in from world leaders Beijing/Washington: Indians across the world on Monday celebrated the 77th Republic Day with global leaders, including US President Donald Trump, Chinese President Xi Jinping and French President Emmanuel Macron and Bhutanese Prime Minister, extending their greetings, highlighting their strong friendship with India.

FGN18 CHINA-INDIA-XI (02:29 PM)

China and India are 'good neighbours, friends and partners': President Xi Beijing: Chinese President Xi Jinping on Monday described India and China as "good neighbours, friends and partners", saying that achieving "dragon and elephant dancing together" is the right choice for both countries.

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