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    Lokta Opens Its Agentic Loan Servicing Platform to NBFCs Up to Rs 100 crore, with No Platform Fee for Up to Two Years
    RTI seeks Aadhaar date-of-birth changes after pre-poll Bihar pension hike; UIDAI says no such data
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September 2, 2026
Show AI Summary
NBFC loan servicing governance retains lender control through deterministic decision rules, maker-checker controls, reconciled migration and optional AI assistance.
Lokta Next 100 offers RBI-registered NBFCs with loan books up to Rs 100 crore post-approval loan servicing, accounting, reporting, analytics, collections, recovery and partner-management functions, excluding pure-play microfinance NBFCs. Credit, approval and money decisions remain with the lender. Maker-checker approval applies to every change, and migration requires line-by-line reconciliation before cutover. Records remain lender-owned, hosted in India and exportable. AI may propose changes but cannot post to the ledger; deterministic lender-policy rules decide changes. Platform fees are deferred for up to 24 months, subject to stated loan-book thresholds.
September 2, 2026
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RTI access to maintained records does not require creation of Aadhaar date-of-birth update data on demand.
UIDAI did not maintain separate Aadhaar data on date-of-birth updates in Bihar following the announced social security pension enhancement, including month-wise or district-wise compilations. No internal review or flagging of unusual update patterns was available or applicable in its records. The Central Information Commission clarified that the RTI framework does not require a public authority to create, compile or generate information that it does not maintain in the form requested. The initial CPIO response treating the information as outside the RTI Act was considered inappropriate.
September 2, 2026
Show AI Summary
Transgender arrest and detention safeguards prompt calls for a standard operating procedure and clearer procedural protections.
Legal and regulatory issues include safeguards for arrest and detention of transgender persons, consultation requirements in Bar Council policy-making, and procedural accountability in electoral administration and policing. Personal insolvency proceedings raise questions about tribunal powers to constitute an expanded bench. Hospitality operators are expected to comply strictly with food-safety and hygiene norms. Proposed restrictions on minors' social-media accounts address cyberbullying, online exploitation, and harmful screen exposure.
September 2, 2026
Show AI Summary
Railway equipment purchase orders and export order expand IC Electricals' domestic and international business pipeline.
IC Electricals Company Limited has secured railway purchase orders for electrical and electronic supplies and an export order, creating combined order inflow across domestic railway operations and international markets. Its product portfolio includes regulators, battery chargers, emergency lights, inverters, microprocessor-based control systems, alternators, traction motors, and permanent magnet alternators with controllers. Forward-looking statements on business plans, projects, and research and development remain subject to risks and uncertainties and may differ materially from actual results.
September 2, 2026
Show AI Summary
Double deflation explains negative manufacturing GVA deflators when input prices rise faster than output prices.
Double deflation in manufacturing separately deflates gross output and intermediate consumption, with real GVA derived from their difference. Where input prices rise faster than output prices, nominal GVA may grow more slowly than real GVA, producing a negative implicit GVA deflator despite rising output and input prices. A negative manufacturing GVA deflator therefore does not establish a fall in manufactured-product prices or lower real growth. The implicit GDP deflator is a derived ratio between current-price and constant-price GDP and differs from CPI and WPI because of their distinct coverage, weights, and price concepts.
September 2, 2026
Show AI Summary
Data centre ease-of-doing-business reforms target reliable power, prepared land, streamlined approvals and building standards for faster infrastructure deployment.
Ease-of-doing-business reforms for India's data-centre ecosystem focus on faster and sustainable infrastructure deployment through reliable power, ready-to-use land, streamlined approvals and suitable building regulations. Proposed power measures include cluster-based transmission planning, first-day sanctioned load, dual feeders and cross-border renewable-energy procurement. Data-centre-ready land banks and power-ready parcels are intended to reduce development timelines. The National Building Code 2026 recognises data centres under Group E and contains a dedicated annex on fire-risk assessment and data-centre-specific performance indicators.
September 2, 2026
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Trade facilitation and customs cooperation drive follow-up action on connectivity, regulatory coordination, investment promotion and bilateral commercial engagement.
India-Afghanistan bilateral trade and economic cooperation is being advanced through institutional engagement on trade facilitation, customs cooperation, connectivity, investment and commercial exchange. Priority areas include customs and data-sharing cooperation, visa facilitation for traders, banking and financial cooperation, pharmaceutical and agricultural trade, energy cooperation, tariff concessions, cargo connectivity and port-related matters. Follow-up action covers regulatory cooperation, improved connectivity, investment promotion and business-to-business engagement.
September 2, 2026
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Residential rooftop solar subsidy requires eligibility, prior approval, registered installation, net metering, commissioning, and verified bank details for direct transfer.
PM Surya Ghar Muft Bijli Yojana provides central financial assistance for eligible grid-connected residential rooftop solar systems, capped at Rs. 78,000 for systems of three kilowatts or more. Applicants must be Indian citizens who own a suitable house, hold a valid electricity connection, and have not received an earlier solar-panel subsidy. Applications require portal registration, distribution-company feasibility approval, installation through a registered vendor, net metering, inspection, commissioning and submission of bank details. Assistance is transferred directly after verification. State-specific net-metering procedures, approvals and additional incentives may apply.
September 2, 2026
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Sovereign credit rating upgrade reflects solid growth, stronger financial systems, and improving fiscal and external resilience.
JCR upgrades India's foreign-currency and local-currency long-term issuer ratings to A- with a stable outlook, citing sustained economic growth, productivity-oriented policies and improved financial-system soundness. Fiscal constraints include elevated deficits, intergovernmental fiscal transfers, electoral-cycle sensitivity, and high combined government debt and interest burdens. Greater emphasis on infrastructure capital expenditure has improved the quality of fiscal spending. External resilience is supported by a contained current account deficit, services surplus and foreign-exchange reserves exceeding short-term external debt.
September 2, 2026
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Personal insolvency bench constitution and repayment-plan eligibility remain contested where a larger tribunal bench stays a third-member order.
Personal insolvency proceedings raised a challenge to the National Company Law Tribunal's authority to constitute a five-member bench after a split verdict. The challenge contended that the mechanism for differing views permits reference to another member or members, but does not authorise a five-member bench. The larger bench stayed the third member's order, restricted asset alienation, and suspended an order permitting settlement of personal-guarantee claims. The dispute concerned the validity of that bench, the split-verdict reference procedure, repayment-plan eligibility, and pending creditor appeals.
September 2, 2026
Show AI Summary
Digital lending app verification enables borrowers to identify regulated lenders, grievance channels, and warning signs before accepting loans.
GoCredit's Loan App Checker allows borrowers to search lending apps against the public Digital Lending App directory and identify the regulated lender, grievance contact and RBI Ombudsman escalation route where a match exists. Regulatory reporting by regulated entities enables app-level verification, while borrowers should also check the lender named in app disclosures and loan agreements. A directory listing is a regulated-entity disclosure, not RBI approval or endorsement. Unmatched apps should be assessed through verification steps and reported through official channels where appropriate.
September 2, 2026
Show AI Summary
Rupee depreciation in early trade reflected oil-price pressures, risk aversion, higher Treasury yields and broad dollar strength.
Early foreign-exchange trading saw the rupee weaken against the US dollar amid renewed US-Iran tensions, risk aversion, higher Brent crude prices, and a stronger dollar. Safe-haven demand, inflation concerns linked to potential oil-supply disruption, expectations of a September Federal Reserve rate increase, and higher US Treasury yields supported the broad dollar rally. RBI monitoring of the rupee's decline was noted.
September 2, 2026
Show AI Summary
Responsible AI governance requires ethical safeguards, privacy protection, accountability and adaptive oversight to build lasting corporate stakeholder trust.
Responsible artificial intelligence governance requires continuous innovation, inclusive development, responsible deployment and trust-based governance. AI systems should be ethical, safe, transparent, fair and human-centric, with safeguards for privacy, bias, security and accountability. Proportionate and adaptive regulation should provide clear accountability, standards, monitoring, auditability and grievance redressal. Good governance, cybersecurity, personal data protection and responsible AI together strengthen organisational resilience, stakeholder trust, transparency and sustainable innovation.
September 2, 2026
Show AI Summary
E-auction of surplus public land enables transparent outright sale of RINL parcels through registered, KYC-verified bidding.
National Land Monetization Corporation will facilitate the e-auction and outright sale of 459 encumbrance-free RINL land parcels, including residential plots and parcels suited for commercial and logistics use. Competitive bidding will occur through the RailTel E-Nivida e-procurement platform. Participation requires online registration, KYC verification, and plot-wise submission of an earnest money deposit within prescribed timelines. The process supports transparent monetisation of surplus land and non-core public assets.
September 2, 2026
Show AI Summary
Competition approval for infrastructure finance restructuring covers acquisition, minority transfer, investment divestment, and merger of regulated NBFCs.
Competition Commission of India approval applies to the acquisition of Aseem Infrastructure Finance Limited by TPG Nicobar SG Pte. Ltd., a subsequent minority share acquisition by ICICI Bank Limited, and Aseem's divestment of its shareholding in NIIF Infrastructure Finance Limited to National Investment and Infrastructure Fund II. Following the acquisition, Climate Finance India Private Limited is intended to merge into Aseem as the surviving entity. The entities involved include RBI-registered non-deposit taking NBFCs operating in infrastructure finance, investment and credit, and infrastructure debt financing.
September 2, 2026
Show AI Summary
Healthcare merger approval enables KCIL to acquire fertility and specialty hospital businesses alongside related equity issuances and investment.
Competition Commission approval covers KCIL's acquisition of up to 100% equity shareholding in AFCPL and 100% equity shareholding in ASHPL. The combination includes KCIL issuing equity shares and optionally convertible debentures to AHLL, representing 9.9% fully diluted shareholding as partial consideration, together with a further KCIL equity investment by Arvon Investments Pte. Ltd. KCIL operates mother and baby care hospitals, while AFCPL provides assisted reproductive treatment and reproductive-medicine services.
September 1, 2026
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Money-laundering investigation into alleged District Mineral Fund diversion examines purported liaison activity and asset acquisition through proceeds of crime.
Money-laundering proceedings under the Prevention of Money Laundering Act concern alleged diversion of District Mineral Fund resources through the Chhattisgarh Seed Corporation. The investigation alleges siphoning of public funds by contractors in collusion with government officials and political executives. A businessman was identified as an alleged liaisoner and financial coordinator between public servants, district authorities and private vendors. Allegations also include receipt of commissions, acquisition of immovable assets from purported proceeds of crime, non-production of records, and contradictory statements during questioning.
September 1, 2026
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Foreign exchange market dynamics: rupee appreciation reflected portfolio inflows, domestic growth, and possible central-bank intervention amid external pressures.
The rupee appreciated against the US dollar, supported by domestic growth, controlled fiscal slippage, portfolio-related inflows and possible Reserve Bank of India intervention. Its gains were limited by weak equity markets, rising crude oil prices and a stronger dollar. External geopolitical tensions and hawkish US monetary signals remained potential pressures. Domestic indicators showed strong economic activity, while the current account deficit widened because of a higher merchandise trade deficit. Foreign portfolio inflows continued despite investors remaining net sellers during the year.
September 1, 2026
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Current account deficit widened as merchandise trade deficit increased, notwithstanding stronger services receipts, remittances, and foreign direct investment inflows.
India's current account deficit widened in the first quarter of 2026-27 as the merchandise trade deficit increased. Higher net services receipts, increased personal transfer receipts and lower net primary-income outgo partly supported the external account. Financial-account movements included higher net foreign direct investment inflows, a shift in foreign portfolio investment from net inflow to net outflow, and lower net inflows through non-resident deposits and external commercial borrowings. Foreign exchange reserves declined on a balance-of-payments basis during the quarter.
September 1, 2026
Show AI Summary
Technology-enabled tax compliance and enforcement supported higher commercial tax collections, while GST rate reductions moderated sectoral net GST growth.
Technology-enabled tax administration supported commercial tax and net GST collection growth in Andhra Pradesh during August 2026 and the cumulative period through August. AI-based analytics and scrutiny, IGST reversals, UPI-based enforcement, registration verification, Aadhaar authentication, digital payment enablement, predictive analytics and data sharing strengthened compliance, scrutiny and revenue mobilisation. Petroleum VAT, professional tax, liquor VAT and IGST settlement also increased, while GST rate reductions moderated net GST performance in specified product sectors.

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HIGHLIGHTS

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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