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    India emerges as key petrol supplier to Russia as refinery attacks disrupt fuel supplies
    Judiciary proactively responded to emerging fraudulent schemes like digital arrest: CJI
    After HC rap, FDA withdraws licence cancellation and suspension orders against Cipla, MCA eateries
    HC slams FDA for ‘pedantic’ view, clears reopening of 5 eateries at MCA premises
    Commerce Secretary Shri Rajesh Agrawal Leads 4th India–Argentina JTC Meeting; Both Sides Reaffirm Commitment to Deepen Strategic and Economic Partne...
    MCA convenes ‘Tech for Professionals’ Workshop on Building India’s Digital Infrastructure for Professional Services
    DRI seizes 76 kg methamphetamine tablets in two operations along North-Eastern frontier
    Sebi bars Trafiksol ITS, its promoters from securities market for 1 year; slaps Rs 1.05 cr fine
    Sebi bars Debock Industries, its MD Mukesh Singh for 7 years; slaps penalty
    CPI(M) hits out at NCLT over Subhash Chandra's Rs 6.5-Cr repayment plan against Rs 22,006-Cr claims
    Good corporate governance central to India's development: Jitendra Singh
    DHFL case: ED freezes bank deposits worth Rs 51.75 crore
    Comprehensive set of reforms undertaken to simplify defence export SOP: MoD
    Jio Platforms gets Sebi nod for $3.8-bn IPO, set to be India's biggest
    Gold declines for 3rd day, prices tumble Rs 3,300 as US dollar gains strength
    Rs 53 lakh cr transferred to govt beneficiaries through DBT, mostly to Jan Dhan accounts in 12 years
    Forex kitty jumps USD 12.42 bn to all-time high of USD 729.3 bn
    Jio Platforms gets Sebi nod to launch IPO
    PM Jan Dhan Yojana has had unparalleled impact, transformative outcomes: PM Modi
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August 30, 2026
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Gasoline trade amid refinery disruptions relies on sanctioned fleets and dark ship-to-ship transfers, alongside continuing fuel export restrictions.
Russian refinery disruption has increased gasoline imports and made India a significant supplier of gasoline to Russia. Indian supplies were principally linked to the Vadinar refinery, and increased Indian purchases of Russian crude may mean exported gasoline was produced from Russian crude. Russia has retained a gasoline export ban while domestic production remains disrupted. India-origin cargoes imported during August were carried on sanctioned fleets and involved dark ship-to-ship transfers, including transfers conducted with automatic identification system signals switched off.
August 30, 2026
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Digital arrest fraud: judicial responses seek a distinct offence while preserving due process and proportionality in economic-crime enforcement.
Suo motu consideration of digital-arrest fraud reflects a proactive judicial response to video-call scams involving impersonation of police, judicial officials or bureaucrats. The Union and the States have been directed to assess the problem, with a call for a distinct offence carrying proportionate penalties. Economic-crime enforcement remains subject to safeguards requiring written grounds of arrest and preventing pre-trial detention from becoming punishment. Due process, proportionality and the presumption of innocence remain central constraints.
August 29, 2026
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Natural justice in licensing enforcement requires meaningful hearing and reasoned orders before cancellation or suspension of regulated operations.
Natural justice in regulatory licensing enforcement requires a meaningful hearing, proper legal analysis, and a reasoned decision before licence cancellation or suspension. Maharashtra FDA withdrew cancellation of drug-sale licences after criticism of the procedure adopted. Food-safety enforcement against restaurants was also reconsidered where the premises were substantially compliant, despite licences being issued to one entity and operations being conducted by another. A fresh notice, hearing on the contractual arrangement, and reasoned order were required before further licensing action.
August 29, 2026
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Food-safety licensing compliance supports reopening while contractual operation requires notice, hearing, and a reasoned regulatory decision.
Food-safety licence suspension of five eateries was reconsidered after a fresh inspection recorded 88 per cent compliance. The suspension had continued because a third-party operator ran the eateries while licences remained in the association's name, despite no identified legal prohibition. The Food and Drug Administration proposed a fresh notice, hearing, and reasoned order on the contractual arrangement, while current compliance permitted services to resume.
August 29, 2026
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Market access and regulatory cooperation advance agricultural, pharmaceutical, digital, and trade integration priorities across the bilateral economic partnership.
India-Argentina cooperation focused on expanding bilateral trade, reducing non-tariff barriers, facilitating investment, and strengthening market access. Sanitary and phytosanitary discussions progressed for Indian agricultural products, while pharmaceutical engagement covered regulatory upgrading and reduced entry barriers. Mining and lithium-sector engagement, digital services, space technology, telecommunications, artificial intelligence and digital infrastructure were identified as priority areas. The India-MERCOSUR Preferential Trade Agreement, Terms of Reference and digital certificates of origin were considered mechanisms for trade facilitation and economic integration. Business discussions addressed commercial partnerships across agriculture, minerals, energy, pharmaceuticals, healthcare, banking and telecommunications.
August 29, 2026
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Shared digital infrastructure for professional services aims to expand technology access, interoperability, capability development and secure adoption across firms.
MCA and IICA are developing a government-backed digital public good ecosystem for domestic professional services, particularly small and medium practices. The framework proposes curated technology access, learning and capability development, and knowledge and practice infrastructure. It is intended to improve access to technology and professional knowledge while complementing existing institutional and market-based systems. Consultations address interoperability, common standards, cybersecurity, affordable access, implementation, change management, openness, competition and technology adoption suited to differing levels of digital readiness.
August 29, 2026
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Methamphetamine trafficking enforcement targets concealed cross-border transport, with seizures, vehicle confiscation, arrests and stringent penalties under narcotics law.
Methamphetamine trafficking enforcement under the Narcotic Drugs and Psychotropic Substances Act, 1985 involved intelligence-led seizures of tablets in Assam and Mizoram, along with the vehicles allegedly used for transportation and arrests of two vehicle occupants. Field testing indicated the presence of amphetamine. The tablets were concealed in fabricated cavities within a truck and car, with preliminary investigation indicating alleged cross-border smuggling into Mizoram. Methamphetamine is a notified psychotropic substance, and illicit manufacture, possession, transportation and trafficking attract stringent penal consequences.
August 29, 2026
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IPO disclosure integrity triggers one-year market access bar for issuer and promoter-directors over fabricated quotation and misleading financial disclosures.
SEBI restrained Trafiksol ITS Technologies Ltd. and its promoter-directors from accessing or dealing in the securities market for one year and imposed monetary penalties over irregularities in its SME IPO. The action concerned overstated financial disclosures, inadequate disclosure of issue expenditure and a potential merchant-banker conflict, and proposed use of IPO proceeds based on a fabricated software-vendor quotation. The listing was deferred and IPO proceeds were placed in an interest-bearing escrow account. One promoter was directly involved in procuring the quotation, while the other failed to exercise due diligence.
August 29, 2026
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Securities market fraud involving fictitious transactions triggered market bans, disgorgement, fund restoration, and governance restrictions.
SEBI imposed securities-market restrictions, disgorgement directions and monetary penalties in relation to alleged accounting fraud involving fictitious sales, purchases, circular transactions and fraudulent ledger entries. The alleged inflation of financial results facilitated migration to the NSE main board and was followed by fraudulent preferential allotments, a bonus issue and a rights issue. Rights issue proceeds were found to have been diverted, requiring restoration with applicable interest. The company and its managing director received seven-year market prohibitions, with additional governance restrictions applying to the managing director.
August 28, 2026
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Insolvency debt settlements: political criticism alleges severe creditor haircuts favour influential corporate borrowers over ordinary debtors.
CPI(M) criticised approval of a repayment plan involving Zee Group founder Subhash Chandra, asserting that repayment of Rs 6.5 crore against creditor claims of Rs 22,006.57 crore undermines fairness in insolvency debt settlement. It alleged severe creditor haircuts and bias favouring influential corporate borrowers. The party linked the settlement to an alleged pattern of large borrowers resolving liabilities at steep discounts, shifting the burden to taxpayers and small depositors while smaller borrowers face coercive recovery measures.
August 28, 2026
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Corporate governance requires company secretaries to promote ethical practices, transparency, responsibility and institutional accountability across economic ecosystems.
Good corporate governance is central to development and depends on responsible governance, ethical practices, transparency, institutional accountability and professional excellence. Company Secretaries have an expanding role in strengthening governance practices through professional expertise. Professional institutions should promote governance standards, support institutional excellence, and evolve their practices in response to changing requirements. Their wider contribution lies in fostering a culture of ethical entrepreneurship, responsibility, transparency and sound governance.
August 28, 2026
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Proceeds-of-crime tracing prompts freezing of deposits linked to structured disposal of foreign property in a bank-loan fraud investigation.
Money-laundering investigation into alleged bank-loan fraud involving DHFL has resulted in the freezing of bank deposits held by Al Jalore Trading FZE under the Prevention of Money Laundering Act. A United Kingdom property was allegedly disposed of through a purported loan arrangement that created an encumbrance to settle an Indian liability. Sale proceeds were credited to Al Jalore Trading FZE's Indian bank account rather than to the registered owner, indicating alleged dissipation of proceeds of crime through a structured foreign-property transaction.
August 28, 2026
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Defence export authorisation reform streamlines consultations, expands unified licences, and facilitates eligible exporters' access to international markets.
Open General Export Licence arrangements permit eligible exporters to self-generate authorisations for multiple consignments of specified defence items without obtaining separate authorisation for each consignment. Three existing licence procedures are consolidated into a unified framework. Licence validity is extended to three years, and territorial coverage is expanded to all countries other than negative or sensitive nations and destinations subject to United Nations Security Council sanctions or arms embargoes. Eligible companies with long-term foreign original equipment manufacturer agreements may obtain licences aligned with the underlying contract, subject to prescribed conditions.
August 28, 2026
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IPO approval enables Jio Platforms to issue fresh equity shares, with proceeds earmarked for subsidiary debt repayment and corporate purposes.
SEBI's final observations enable Jio Platforms Ltd to proceed with an initial public offering comprising up to 27 crore newly issued equity shares. The transaction is structured as a fresh issue of shares. Offer proceeds are primarily allocated towards repayment or prepayment of outstanding borrowings of Reliance Jio Infocomm Ltd, Jio Platforms' material subsidiary, with the balance designated for general corporate purposes.
August 28, 2026
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Gold price volatility intensified as dollar strength, profit-booking, and customs-duty-cut reports pressured domestic bullion markets.
Domestic bullion prices declined for a third consecutive session as a stronger US dollar and sustained profit-booking after a recent rally weakened gold and silver. Gold fell sharply in the national capital and silver also declined in domestic trading, with the three-day movement reflecting ongoing price volatility in the bullion market. International spot gold remained marginally lower while investors awaited policy-related remarks concerning inflation and elevated yields.
August 28, 2026
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Direct benefit transfer strengthens welfare delivery through Jan Dhan accounts, digital payments, reduced intermediaries, and expanded financial inclusion.
Direct Benefit Transfer has transferred welfare benefits directly to beneficiaries, largely through Jan Dhan accounts, reducing intermediaries and supporting transparent delivery. The Pradhan Mantri Jan Dhan Yojana provides unbanked adults basic accounts without minimum-balance or maintenance-charge requirements, along with RuPay debit cards, accident insurance coverage, and emergency overdraft access. Banking outlets, digital-payment infrastructure, and Bank Mitras extend formal financial services to women, rural and semi-urban communities, strengthening financial inclusion and participation in the formal economy.
August 28, 2026
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Foreign exchange reserves reached a record level, supported by increases in foreign currency assets and gold holdings.
India's foreign exchange reserves increased by USD 12.422 billion to an all-time high of USD 729.328 billion for the week ended 21 August. Foreign currency assets and gold reserves recorded the principal increases, while special drawing rights and the reserve position with the IMF also rose. Foreign currency asset valuation reflects movements in non-US currencies held in the reserves. FCNR(B) and concessional swap arrangements were introduced to attract additional foreign-exchange inflows.
August 28, 2026
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IPO regulatory approval enables Jio Platforms to advance preparations for its proposed fresh equity share public offering.
Jio Platforms Ltd. has obtained Sebi's final observations for its proposed initial public offering. This key regulatory stage enables further preparations for the public issue, subject to applicable regulatory requirements. The proposed offering comprises up to 27 crore fresh equity shares and is expected to account for approximately 2.9 per cent of the company's post-issue equity base.
August 28, 2026
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Financial inclusion through basic bank accounts expands banking access with no-balance accounts, debit cards, and emergency overdraft support.
Pradhan Mantri Jan Dhan Yojana enables unbanked adults to open basic bank accounts without minimum-balance or maintenance-charge requirements. Accounts include a free RuPay debit card with accident insurance coverage and eligibility for an overdraft facility during emergencies. The scheme promotes digital transactions, financial security and participation in the formal economy, while extending banking access to rural and semi-urban communities and increasing women's financial inclusion.
August 28, 2026
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Flexible personal loan repayment enables eligible borrowers to select longer tenures, subject to eligibility, terms, verification, and repayment capacity.
Bajaj Finance personal loans offer eligible customers collateral-free borrowing with flexible repayment tenures of 12 to 108 months, subject to eligibility, applicable terms, verification and documentation. A longer tenure may reduce monthly EMIs by spreading repayment over more months, but can increase total interest payable. Borrowers should compare the interest rate, tenure, EMI, processing charges and other costs, while considering their income, existing commitments and repayment capacity. Loan Utsav 2026 provides limited-period rewards for eligible customers whose loans are successfully disbursed during the campaign period, subject to applicable terms.

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The Torchbearers: Leading with Purpose and Passion

January 27, 2026

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CHANDIGARH, India, Jan. 27, 2026 /PRNewswire/ -- Kiteskraft Productions LLP proudly presents The Torchbearers: Leading with Purpose and Passion. Beyond conventional roles, they stand as mentors and change-makers, inspiring ethical leadership, creativity, and social responsibility. Through visionary impact and community engagement, they shape progress and leave a lasting legacy for future generations. Dr. Sushant Rajput: Dr. Sushant Rajput is a senior business leader, award-winning author, TEDx speaker, and mentor, recognised for driving business growth at the intersection of strategy, execution, and human potential. Currently Vice President at eClerx Services Ltd., he brings over two decades of leadership experience across IT services, financial markets, and digital transformation. His career reflects a belief in purposeful reinvention, moving beyond linear paths to create scalable impact while nurturing people, culture, and long-term value. He has enabled growth initiatives, strengthened organisational capabilities, and translated complex market dynamics into sustainable outcomes. Alongside his corporate role, he is an Amazon bestselling author of I Wish Someone Told Me This Before My First Job and Mindful Momentum, promoting clarity, consistency, and mindful leadership. As a visiting faculty member and mentor, he bridges corporate practice with academic learning, earning honours from the University of Oxford for thought leadership and student development, globally recognized. Daman Derling: Daman Derling, mult. h.c., is a globally respected authority in mantra, yajna, tantra, and astrology, with over 25 years of dedicated practice in ancient metaphysical sciences. Known for integrating timeless Eastern wisdom with modern leadership and consciousness studies, he has guided individuals, institutions, and global organizations toward clarity, balance, and purposeful transformation. A trusted advisor to world leaders, entrepreneurs, and public figures, his work is valued for its authenticity, precision, and measurable impact. Beyond spiritual guidance, his influence extends to global policy and cultural advocacy through his role as a Board Member of the World Cultural and Environmental Commission, where he champions cultural preservation, ecological harmony, and social well-being. His journey has been featured across India Today, Business Today, Forbes, Times of India, Hindustan Times, The CEO Magazine, Dailyhunt, and Google News. Honored with global leadership, international excellence, spiritual impact, and cultural ambassador awards, Daman Derling stands as beacon. Dr. Ganesh Reddy: Dr. Ganesh Reddy is a dynamic edupreneur, purpose-driven institution architect, and emerging fiction author creating impact at the intersection of education, entrepreneurship, and social development. An accomplished academic and mentor, he will make his literary debut with a fiction novel releasing in February 2026, reflecting his lifelong passion for storytelling and creative expression. As a pioneering education leader, Dr. Reddy heads a rapidly expanding school franchise network across India, committed to delivering future-ready learning grounded in innovation, ethics, and strong value systems. His model nurtures confident learners while empowering educators and partners to build sustainable ecosystems of excellence. Extending his vision beyond education, he is entering the healthcare sector with a mission to improve accessibility, raise quality benchmarks, and promote ethical service delivery. This expansion reflects his belief that lasting progress emerges from purpose-driven institutions. Balancing enterprise with creativity, Dr. Ganesh Reddy blends leadership and imagination with lasting impact. Dr. Sanjeev Kumar: In an era of fleeting digital narratives, Dr. Sanjeev Kumar stands as a leading voice restoring depth and purpose to modern Hindi literature. Rising from rural Uttar Pradesh to national and global platforms, his journey reflects disciplined scholarship and unwavering cultural conviction. With more than 283 published books spanning literature, children's writing, and authoritative legal works, he ranks among India's most prolific contemporary authors. His revival of Prabandh Kavya has reintroduced classical epic poetry to modern audiences, blending tradition with present-day relevance. His contributions to children's literature further nurture values, imagination, and cultural awareness among young readers. Beyond literature, his engagement with legal scholarship and work connected to the Supreme Court of India reveal a rare synthesis of intellectual rigor and ethical responsibility. As founder of Vama Academy and BPA Foundation, he remains deeply committed to education and social empowerment. Dr. Sanjeev Kumar is an institution shaping India's future. Prof. Dr. Anshuman Naik: Prof. Dr. Anshuman Naik, MBBS, MD, offers online consultation via WhatsApp (9556477997) for diabetes, obesity, post-menopausal syndrome, PCOD, and thyroid disorders. Widely known as the "True Enemy of Diabetes" and a one-man army against metabolic disorders, Dr. Naik holds a Diploma in Endocrinology and Diabetes and is a Fellow of Diabetes India, the Euro-Asian Academy of Clinical Diabetology, and the Indian Society of Chronomedicine. He has also completed the Advanced Management of Diabetes and Related Disorders program from Harvard Medical School. Over the past decade, Dr. Naik has treated more than one lakh people with diabetes using an integrative approach focused on yoga, exercise, home-based nutrition, and minimal medication. In 2012, he established Sweet Life Diabetes Care & Research Center in the tribal district of Sundergarh, Odisha. His contributions have earned multiple accolades, including the Best Diabetologist Award conferred by the Governor of Maharashtra for outstanding service and impact. Dr. Abhijeet Kumar Shrivastaw: Dr. Abhijeet Kumar Shrivastaw is a visionary technology leader and social changemaker working at the intersection of innovation, education, and community development. Founder and Director of Abhinnovation Technologies Pvt. Ltd., Tech Q Labs LLP and Abhinnovation media and entertainment he has pioneered secure, scalable, future-ready online examination and EdTech solutions that enhance efficiency, transparency, and reliability for institutions. With over a decade of experience, he has delivered high-impact projects for government, defence, and private organizations, earning recognition for strategic leadership and operational excellence. His platforms have benefited thousands of institutions and learners across India, redefining digital assessment ecosystems. Equally significant is his commitment to social service. Actively associated with human rights and youth organizations, he leads initiatives focused on education access, community welfare, and inclusive development, reflecting leadership rooted in purpose and compassion. His contributions have been widely recognized through features in Forbes India, India Today, Business Today, CEO Magazine, and Times of India. Hotel Amber Palace : Hotel Amber Palace, the globally recognized hospitality brand associated with Chinese cinema-linked actor and entrepreneur Dev Raturi, has marked its India debut with the launch of its first project in Gurugram. Located in Sector 14, the hotel was formally inaugurated by Gurugram MLA Mukesh Sharma, who attended as the chief guest. Praising the visionary leadership of Founder & CEO Dev Raturi, the MLA highlighted his achievement of building China's largest chain of Indian cultural restaurants and bringing that international expertise back to India. The launch was attended by over 100 distinguished guests from across the country, who appreciated the hotel's premium ambience and modern facilities. Hotel Amber Palace offers 36 premium rooms, a state-of-the-art banquet hall, and a rooftop garden restaurant serving authentic Indian and Chinese cuisine. Designed for business travelers, families, corporate events, and social gatherings, Amber Palace aims to become a new premium hospitality destination in Gurugram. Dr. Balakrishna S. Maddodi: Dr. Balakrishna S. Maddodi is an eminent professor at Manipal Institute of Technology and a widely respected academician, researcher, and environmental advocate. He is a recipient of the prestigious Udupi Zilla Rajyotsava Award for planting more than 5,000 saplings and successfully replanting ten mature trees, reflecting his deep commitment to ecological restoration. His academic contributions include publishing numerous research papers on environmental sustainability and education, authoring three books on Earth science and geology, and developing curricula for environmental studies and sustainability programs. As a member of the State Expert Appraisal Committee (SEAC), Government of India, Dr. Maddodi has guided and evaluated multiple projects focused on environmental conservation and community development. Actively engaged in social service, he works with several NGOs dedicated to sustainability initiatives. He has organized beach clean-up drives and awareness programs across Coastal Karnataka, collaborating with government agencies to inspire environmental responsibility among young minds. Globally recognized. Dr. Gaurav Sagar Bhaskar: In a world driven by titles and applause, Dr. Gaurav Sagar Bhaskar chooses a quieter yet deeper path, leading with empathy, humility, and purpose. With over two decades of experience, he defines success not by numbers, but by the lives he uplifts and the hope he inspires. As General Secretary of the MLB Foundation, he works tirelessly at the grassroots, advancing education, elder dignity, and community empowerment. A strong believer that "old is gold," he actively champions respect for senior citizens, rebuilding intergenerational bonds through awareness and action. His contributions to education through Vivekananda World School & Vivekananda Junior reflect a commitment to excellence built patiently and sustainably. He further amplified local voices by launching Ferozepur's first Community Radio Station, strengthening civic connection. From medical camps and relief initiatives to preserving culture through the All India Mushaira, Dr. Bhaskar leads from the front, quietly but powerfully changing lives and shaping a more compassionate society. By establishing Barbados-A Resort in the border town of Ferozepur, he brought world-class, state-of-the-art hospitality to the region. Mr. Deepak Sharma: Partywalaz has emerged as a global benchmark in NRI wedding catering, where food represents trust, hygiene, and flawless execution. Led by Deepak Sharma, the brand specializes in destination and NRI weddings, delivering refined culinary experiences that meet international expectations while preserving the authentic essence of Indian cuisine. Over the last five years, Partywalaz has successfully catered 240+ NRI weddings, serving Indian-origin families from the USA, Europe, Australia, and France, reflecting its premium positioning and reliability. Known for its "hygiene over quantity" philosophy, the company follows stringent kitchen protocols, disciplined service standards, and premium ingredient sourcing—qualities valued by globally travelled clients. Partywalaz is trusted across iconic wedding destinations such as Jaipur, Jodhpur, Udaipur, and Pushkar, where precision is paramount. With expertise in cross-cultural preferences and destination logistics, Partywalaz ensures seamless celebrations. For NRI families seeking elegance, safety, and unforgettable taste, Partywalaz stands as a global symbol of trust. Kiteskraft Productions LLP, founded in 2019, is a leading organizer of national and international conferences and award ceremonies across education, business, healthcare, NGOs, and entertainment. ISO and MSME certified, it recognizes excellence, fosters collaboration, and delivers impactful events. Recognized by the Scholar's Book of World Records. Photo: https://mma.prnewswire.com/media/2870367/The_Torchbearers.jpg' alt='Embedded Media' /> (Disclaimer: The above press release comes to you under an arrangement with PRNewswire and PTI takes no editorial responsibility for the same.). PTI

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