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    CBI FIR against Subhash Chandra for 'inflation' of net worth to secure nearly Rs 1,000-cr in loans
    Union Minister of Commerce & Industry Shri Piyush Goyal Calls for Nationwide FTA Utilisation Drive to Expand India’s Global Trade Footprint
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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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Best Crypto to Buy Now: Top Gainers Include DeepSnitch AI, AXS, and MGO as 60% of Top US Banks Embrace Bitcoin Services

January 29, 2026

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Bitcoin financial services firm River recently revealed that 15 of the top 25 US financial institutions have officially entered crypto. That means smart money is already positioning ahead of a $7.3 trillion banking wave that’s about to reshape the entire market. As banks rush to move trillions into Bitcoin and digital assets, one massive problem stands in their way: security. Institutional capital can’t afford scams, rug pulls, market manipulation, or opaque trading environments.

DeepSnitch AI is the best crypto to buy now because it’s already solving the problem banks are about to face. With four live AI security agent positions, DeepSnitch actively monitors, detects, and neutralizes threats in real time, bringing institutional-grade protection to crypto markets before the banks fully arrive.

Major US Banks' Bitcoin adoption fuels institutional wealth transfer Banks controlling $7.3 trillion in assets embracing Bitcoin represents exactly the catalyst that launches massive bull runs. When JPMorgan, Wells Fargo, and Citigroup officially integrate cryptocurrency services, it validates everything about crypto's inevitable dominance of global finance.

Swiss banking giant UBS is reportedly exploring Bitcoin and Ethereum trading for its wealthiest clients. JPMorgan announced it's considering adding crypto trading. Wells Fargo offers Bitcoin-backed loans to institutional clients. Citigroup is exploring institutional crypto custody services. This isn't speculation anymore. This is traditional banking infrastructure officially deploying capital into digital assets.

From a trading perspective, banking adoption creates opportunities across the entire crypto ecosystem, but the biggest moonshots exist in projects solving problems that intensify as institutional money floods markets. This is where identifying the next crypto to 100x becomes super important.

Top cryptocurrencies to buy today for maximum returns 1. DeepSnitch AI: The best crypto to buy now with 300x potential When banks managing $7.3 trillion enter cryptocurrency, institutions desperately need security infrastructure. DeepSnitch AI solves this critical problem with operational tools today; therefore, it wins the title of best crypto to buy now.

Four fully operational AI security agents are protecting thousands of traders at this exact moment. AuditSnitch scans smart contracts instantly, identifying honeypots and rug pulls.

SnitchScan tracks whale movements across Ethereum, BSC, Solana, and major networks continuously. SnitchFeed aggregates breaking crypto news in real time. SnitchGPT answers your trading questions using live blockchain data.

Because of insane demand from early buyers and the presale blowing past $1.3 million raised, the DeepSnitch AI team decided to extend the presale, which means you can still get in at the current price of $0.03681 and use the same bonus codes early buyers locked up.

At today’s price, a $10,000 buy gets you around 271,600 DSNT, and with the 150% bonus applied, that jumps to roughly 679,000 tokens before trading even starts. If DSNT were to hit $10 after launch, that position would be worth about $6.79 million https://youtu.be/PbMZo6oKFZU 2. Axie Infinity (AXS): One of the trending coins this week Axie Infinity (AXS) currently trades around $2.58 on January 27 after an explosive 247% monthly surge, making it one of the trending coins this week.

The GameFi project implemented aggressive tokenomics reforms, including the bAXS reward system, reducing sell pressure.

However, technical indicators show overbought conditions with RSI at 56.8, suggesting a potential pullback.

AXS can safely go 1x from current prices, making it one of the top cryptocurrencies to buy today for GameFi exposure, but it lacks the presale multipliers and robust security features that make DeepSnitch AI superior for maximum returns.

3. Mango Network Targets Multi-VM Blockchain Infrastructure Mango Network trades at $0.02690 on January 27 as a relatively new Layer 1 blockchain launched June 2025. The project integrates EVM, MoveVM, and SVM support, achieving 297,450 TPS with 380ms finality.

MGO raised $13.5 million from KuCoin Ventures and other prominent investors, attracting developers seeking cross-chain interoperability solutions. The 10 billion token supply with 1.6 billion circulating creates potential upside as the ecosystem develops.

Mango Network is one of the credible trending coins this week for infrastructure plays, and a strong 2026 bull cycle with real BTC L2 adoption could realistically push it into the $0.05 to $0.08 range. But it remains developmental compared to DeepSnitch AI's operational technology.

Conclusion: Is DeepSnitch AI the next crypto to 100x? River confirming that 60% of the top US banks are embracing Bitcoin proves institutional capital is flooding crypto markets at an unprecedented scale, creating the exact conditions for the next crypto to 100x.

A $15,000 investment with the 150% bonus code secures approximately 1,018,500 DSNT tokens. At $3 valuations, that position would be worth more than $3M.

AXS offers GameFi exposure but faces technical resistance. MGO provides infrastructure potential but lacks presale advantages. DeepSnitch AI combines operational technology with 300% bonus codes for superior returns as the best crypto to buy now.

Grab DSNT at presale prices with bonus codes directly from the official website before it ends. Stay connected on X and Telegram for all launch news.

Frequently asked questions What is the best crypto to buy now for 2026? The best crypto to buy now for 2026 mixes real tech with upside. DeepSnitch AI stands out with live AI security tools, presale pricing, and bonus incentives, while trending coins this week like AXS and MGO are solid but offer slower, narrative-driven growth.

Which top cryptocurrencies to buy today benefit from banking adoption? Among the top cryptocurrencies to buy today, DeepSnitch AI leads with the security system banks actually need, Axie Infinity gives GameFi exposure, and Mango Network plays the infra angle. DeepSnitch AI has the clearest use case as banks roll deeper into crypto.

What makes the next crypto to 100x during the banking adoption wave? The next crypto to 100x needs working technology, early pricing, and perfect timing. DeepSnitch AI checks those boxes with operational AI agents, presale multipliers, and positioning right as institutions ramp up crypto adoption.

Disclaimer: Trading cryptocurrencies/digital assets carries a high level of risk, and may not be suitable for all investors. You should be aware of all the risks associated with cryptocurrency/digital asset trading, and seek advice from an independent financial advisor. Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary, and does not constitute investment advice. The website or its publishers will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.The above content is published as received and has not been edited by the channel staff. The channel holds no responsibility for its content.

(Disclaimer: The above press release comes to you under an arrangement with PNN and PTI takes no editorial responsibility for the same.). PTI PWR

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