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    ED attaches over Rs 50 cr in assets in crypto 'fraud' case
    Framework deal is ready, to be signed at right time: Comm Secy on India-US trade pact
    US citizen found guilty of helping export tech to Iran in violation of sanctions
    SC upholds SEBI action against Kotak AMC, says compliance with securities regulations mandatory
    Rupee falls 30 paise to close at 95.68 against US dollar
    'Coal scam': Delhi court dismisses ED case against ex-MP Vijay Darda, son Devendra, others
    Court rejects bail plea of Jammu-based editor accused of impersonating PMO officer, cheating people
    TMC's Mamata Banerjee faction moves HC seeking permission to operate bank accounts frozen by ED
    ED conducts raids in 'work-from-home scam' case
    21 pc YoY rise in engineering exports in June shows sector''s resilience amid global challenges: EEPC
    NABARD key partner in rural infra development: Rajasthan chief secretary
    Retail inflation rises to 4.38 pc in Jun, surpasses RBI's median target level
    Coal scam: Delhi court dismisses ED case against ex-MP Vijay Darda, son Devendra Darda, others
    India's exports rise 15.5 pc in Jun, trade deficit widens to five-month high
    FM calls for enhanced NRI outreach to sustain foreign currency mobilisation momentum
    Framework deal is ready, to be signed at right time: Official on India-US trade pact
    The cumulative exports (merchandise & services) during April-June 2026-27 is estimated at US$ 232.73 Billion, as compared to US$ 208.98 Billion in Apr...
    CIC directs petroleum ministry arm to share historical petrol, ethanol, profit data
    Soybean meal exports fall 69 pc to 30k tonnes in June; SOPA cites high prices, weak demand
    Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman interacts with Bank MDs and CEOs on FCNR(B), ECB and OFCB swap initiatives in N...
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    July 13, 2026
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    Cryptocurrency investment fraud allegations trigger PMLA provisional attachment of bank deposits, flats, and commercial shops linked to diverted funds.
    The Enforcement Directorate reported a money-laundering investigation into an alleged cryptocurrency fraud involving ATC Coin. It alleged that investors were induced to contribute funds through assurances of high and assured returns, and that the collections were deposited with Jewria Services Club India before being diverted through accounts of the accused and associated entities. Under the Prevention of Money Laundering Act, bank deposits and Mumbai properties comprising residential flats and commercial shops were provisionally attached.
    July 13, 2026
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    Preferential market access anchors India-US trade negotiations as tariff investigations and bilateral commitments remain under discussion
    India and the United States are progressing negotiations on a framework deal and a bilateral trade agreement focused on preferential market access and comparative tariff advantages. India is engaging with the USTR on Section 301 investigations concerning forced labour and excess industrial capacity. The forced-labour investigation has proposed an additional tariff on imports from India, but the measure remains unfinalised. India has urged resolution through bilateral negotiations rather than unilateral measures. The excess-capacity investigation remains pending, and the eventual trade agreement is expected to address relevant aspects of the bilateral trade relationship, including tariff treatment, market access, and investigation-related issues.
    July 13, 2026
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    Export-control sanctions prohibit routing electronic components to Iran through intermediaries, with conspiracy liability turning on knowledge and assistance.
    US export-control sanctions prohibit the unlawful export of electronic components to Iran through intermediaries or front companies. The reported prosecution concerned allegations that an employee conspired with an Iranian business associate to obtain components for a Tehran-based company whose technology had potential military applications. Prosecutors relied on documents, text messages, photographs, and communications said to show knowledge and assistance, while the defence disputed procurement, the Swiss company's characterization as a front, and proof that components reached Iran. Evidence concerning a specific drone attack was limited to general evidence about the Iranian company and potential military applications.
    July 13, 2026
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    Mandatory securities compliance governs mutual fund redemptions, investor consent, disclosures, due diligence, and trustee responsibilities
    Compliance with securities regulations is presented as mandatory regardless of whether investors ultimately incur losses or receive benefits. Close-ended mutual fund schemes must be redeemed at maturity unless formally rolled over with informed written investor consent and prior disclosure to SEBI. The reported issues also include inadequate due diligence regarding issuers' financial condition, excessive reliance on pledged collateral, delayed disclosures to investors and SEBI, and the trustee company's failure to independently assess regulatory compliance and unitholder interests.
    July 13, 2026
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    Rupee weakness reflects geopolitical risk, crude prices, capital outflows, rising inflation, and widening trade pressures on India
    The Indian rupee weakened against the US dollar amid heightened US-Iran tensions, elevated crude oil prices, a stronger dollar and foreign capital outflows. Pressure on the domestic currency was linked to concerns over India's import bill and risk aversion in global markets, while domestic market recovery and some moderation in crude prices limited the decline. Retail inflation rose above the central bank's four per cent target, and the merchandise trade deficit widened as imports, particularly crude-related imports, increased despite stronger exports.
    July 13, 2026
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    Predicate-offence acquittal removes the foundation for money-laundering proceedings arising from alleged coal-block allocation irregularities
    Money-laundering proceedings under the Prevention of Money Laundering Act depend on the existence of a scheduled offence and identifiable proceeds of crime. Although money laundering is an independent offence, its prosecution cannot survive when the predicate offence forming its foundation has ended in acquittal. The basis for treating property or transactions as proceeds of crime is then removed, making continuation of proceedings for money laundering and company-related liability under the PMLA legally unsustainable. Proceedings may be reopened if the acquittal is later set aside or materially varied.
    July 13, 2026
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    PMLA bail requires satisfaction of twin statutory conditions amid allegations of impersonation, cheating, and suspected money laundering
    The reported bail proceedings concerned the twin conditions under Section 45 of the Prevention of Money Laundering Act: reasonable grounds to believe that the accused was not guilty and assurance that he would not commit an offence while on bail. The prosecution also raised concerns regarding possible evidence tampering, witness intimidation, and repetition of similar conduct. The accused relied on a serious heart ailment and constitutional protection against punitive pre-trial detention, while the reported order noted his medical stability in custody and that the investigation complaint had not yet been filed.
    July 13, 2026
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    Frozen political party accounts raise questions on representative authority, Election Commission recognition, and preventing money laundering during investigation
    Permission to operate three Trinamool Congress bank accounts frozen by the Enforcement Directorate was sought before the Calcutta High Court in connection with a probe into alleged dishonest financial dealings, unlawful collection of money, and routing of suspected funds through specified accounts. The Enforcement Directorate challenged the petition's maintainability, asserting that the filers lacked authority and had not disclosed an ex parte civil court order. The petitioners relied on the party constitution and the Election Commission's jurisdiction over recognition of political parties, while the Enforcement Directorate maintained that releasing the funds would undermine the prevention of money laundering.
    July 13, 2026
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    Fake investment and work-from-home scams: laundering through mule accounts, shell entities and crypto wallets prompts asset seizures
    Money laundering investigations under the Prevention of Money Laundering Act concern alleged fake online investment and work-from-home scams involving promises of lucrative returns and commissions. Funds transferred by victims were allegedly layered through mule bank accounts and shell entities, converted into cryptocurrency, and moved through multiple crypto wallets to conceal their origin and ownership. Searches were conducted at multiple locations, with cryptocurrency and cash seized and multiple bank accounts frozen under the PMLA.
    July 13, 2026
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    Engineering export growth reflects market diversification, trade agreements, and rising global competitiveness despite persistent international uncertainty
    India's engineering goods exports increased by nearly 21 per cent year-on-year in June, rising to USD 11.48 billion. Cumulative exports during April-June of the 2026-27 fiscal reached an estimated USD 34.14 billion, reflecting 18 per cent growth over the corresponding period of the previous year. The reported export performance was attributed to free trade agreements with key partner countries, diversification of products and markets, and the increasing global competitiveness of Indian engineering products despite continuing global uncertainty.
    July 13, 2026
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    Rural infrastructure development through NABARD strengthens farmer support, women's financial inclusion, and climate-resilient agriculture in Rajasthan
    NABARD is presented as a key partner in Rajasthan's rural infrastructure and agricultural development. Its initiatives support small and marginal farmers through Kisan Credit Cards, farmers' clubs and Farmer Producer Organisations, while the Self-Help Group-Bank Linkage Programme promotes financial inclusion among rural women. NABARD also supports climate-change resilience, honours rural development institutions and artisans, and provides grants for projects promoting climate-resilient agriculture.
    July 13, 2026
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    Retail inflation rises above target as food and fuel pressures challenge monetary policy outlook ahead of August review
    Retail inflation based on the Consumer Price Index increased to 4.38 per cent in June from 3.93 per cent in May, exceeding the Reserve Bank's median target of 4 per cent. Food inflation rose to 5.32 per cent. The Reserve Bank's framework seeks to maintain CPI inflation at 4 per cent within a tolerance band of 2 per cent on either side. The Reserve Bank retained the benchmark policy rate at its June meeting but raised its inflation forecast for 2026-27, citing higher input costs and global energy price transmission to domestic fuel prices. Economic assessments anticipated further inflationary pressure while generally expecting the policy rate to remain unchanged at the forthcoming review.
    July 13, 2026
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    Money laundering proceedings fail when acquittal in the scheduled offence removes the basis for alleging proceeds of crime.
    Money laundering proceedings arising from the Bander coal block allocation were terminated because the underlying predicate offences had already ended in acquittal. The central legal point reported is that, while money laundering under the Prevention of Money Laundering Act is a distinct offence, its survival depends on the continued existence of the scheduled offence and proceeds of crime. Once acquittal in the scheduled offence removed that foundation, the complaint under Section 3 read with Section 70, punishable under Section 4, was dropped and dismissed.
    July 13, 2026
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    Trade deficit expansion accompanies export growth as higher crude oil, electronics, machinery and gold imports outpace merchandise export gains.
    June trade data shows export growth alongside a wider merchandise trade deficit because imports increased faster than exports. The higher import bill was driven mainly by crude oil, with electronics, machinery and gold also adding to import pressure. April to June figures reflect the same trend, with cumulative imports outpacing export growth and enlarging the merchandise trade gap. Export strength was reported in sectors such as electronics, iron ore, handicrafts, meat and dairy products, while services trade estimates for June indicate a surplus as services exports exceeded services imports.
    July 13, 2026
    Show AI Summary
    Foreign currency mobilisation gains momentum through FCNR(B) deposits, ECBs and OFCBs, backed by NRI outreach and swap facilities.
    Foreign currency mobilisation under the FEMA / RBI framework is being driven through FCNR(B) deposits, ECBs and OFCBs, with banks directed to strengthen NRI outreach, offer innovative deposit products and sustain mobilisation during the scheme period. Attractive returns on fresh FCNR(B) deposits, supported by suspension of the interest rate ceiling, customised digital outreach, use of International Banking Units at GIFT City, central bank support, and real-time reporting are presented as key implementation mechanisms. The scheme combines a US dollar-rupee swap facility for fresh FCNR(B) deposits with a concessional swap facility for eligible ECBs and OFCBs to support capital inflows and the balance of payments.
    July 13, 2026
    Show AI Summary
    Trade pact negotiations advance as India and the US align a framework deal with wider tariff and market access discussions.
    India-US trade negotiations are advancing through a framework deal and a bilateral trade agreement, with discussions focused on preferential market access and India's effort to obtain comparative tariff advantage over competitor nations. The framework arrangement is stated to be ready for signature at the appropriate stage, while the broader agreement remains under negotiation. India is also engaging with Section 301 investigations on forced labour and excess industrial capacity; proposed additional tariffs affecting multiple economies, including India, have not yet been finalised.
    July 13, 2026
    Show AI Summary
    Foreign trade growth data shows rising exports, higher imports, and a wider trade deficit across merchandise and services segments.
    Combined merchandise and services trade data for June 2026 and April-June 2026-27 records export growth together with stronger import growth and a wider trade deficit. Merchandise exports, non-petroleum exports, and trade excluding petroleum and gems and jewellery all show increases, while services exports and imports are also estimated to have risen. Major merchandise export growth drivers identified for June 2026 include gems and jewellery, engineering goods, organic and inorganic chemicals, electronic goods, and rice. The services figures for June 2026 are expressly stated to be estimates based on the latest available central bank data.
    July 13, 2026
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    RTI disclosure duties require clear access, proper transfer, and reasoned confidentiality claims for petroleum and ethanol data requests.
    The article addresses RTI access to historical petrol and ethanol data held or referenced by the Petroleum Planning and Analysis Cell. It identifies key issues relating to disclosure of public-domain records, provision of specific website links, transfer of queries to the authority that actually holds supplier information, and the need to expressly invoke appropriate RTI exemptions when withholding company-wise petrol supplier details. The central legal themes are partial disclosure, commercial confidentiality, custodianship of records, and procedural adequacy in responding to requests for petroleum-sector production, blending, supplier, and profit-related information.
    July 13, 2026
    Show AI Summary
    Soybean meal export decline reflects weak international demand, higher domestic pricing, and reduced trade performance during the current oil marketing year.
    Soybean meal exports in June 2026 fell sharply to 30,000 tonnes from 97,000 tonnes a year earlier, driven by higher Indian prices than competing countries, weak demand in major importing markets, and geopolitical tensions in West Asia. June production was reported at 5.52 lakh tonnes, with utilisation split between human consumption and animal, poultry, and fish feed. Month-end stock, including old stock, stood at 1.27 lakh tonnes, while cumulative exports in the first nine months of the current oil marketing year remained below the corresponding period of the previous year.
    July 13, 2026
    Show AI Summary
    Foreign currency mobilisation under RBI swap initiatives gains momentum through NRI outreach, FCNR(B) deposits, and eligible external borrowing support.
    Foreign currency mobilisation under the RBI's FCNR(B), ECB and OFCB swap initiatives was reviewed with emphasis on sustaining inflows through enhanced outreach to the non-resident Indian diaspora. Banks reported encouraging uptake, supported by attractive returns on FCNR(B) deposits and the suspension of the interest rate ceiling on fresh deposits under the scheme. Institutions also described digital outreach, use of International Banking Units at GIFT City, and expectations of stronger ECB mobilisation. The RBI was noted as supporting eligible mobilisation and borrowings through a transparent daily reporting framework.

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      What Crypto to Buy Now: DeepSnitch AI Looks Like the No.1 Competitor as SOL and HBAR Drop

      February 3, 2026

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      Markets are wobbling, confidence is thinning, and the same question keeps coming up: what crypto to buy now? As capital pulls back and risk appetite fades, smart money is rotating early, not hiding on the sidelines. That shift puts DeepSnitch AI in focus. The project is building a Web3-native Bloomberg Terminal, a tool that traders actually need in volatile markets. That’s why whales have poured over $1.5 million into the presale, driving a 160% price surge. With a 100M+ addressable market, DeepSnitch AI is leading the move. Crypto funds see $1.7B outflows Crypto investment products recorded a second straight week of heavy outflows, signaling weakening investor confidence across digital asset markets. According to CoinShares, crypto ETPs saw $1.7 billion in net outflows last week, bringing total withdrawals over the past two weeks to $3.43 billion and pushing year-to-date flows to a $1 billion loss. CoinShares attributed the trend to multiple pressures, including a more hawkish US Federal Reserve leadership, continued large-holder selling linked to crypto’s four-year cycle, and elevated geopolitical uncertainty. What crypto to buy now and hold in 2026? DeepSnitch AI If you’re asking what crypto to buy now, DeepSnitch AI stands out fast. The project has raised over $1.5 million and is now in Stage 5, with the token priced at $0.03830. The real trigger isn’t hype. It’s math. DeepSnitch AI remains a low-cap play, which means price moves don’t need massive volume. Small inflows can drive outsized gains. That’s where the upside comes from. A $3,000 entry today secures meaningful exposure to an AI trading intelligence ecosystem built for active markets. More than 32 million tokens are already staked, locking up supply before launch. That constraint matters. When limited supply meets real demand for trading intelligence tools, price acceleration follows. A move toward the $0.60–$0.80 range becomes realistic, not speculative. For presale buyers with bonus allocations, that zone translates into six-figure outcomes. DeepSnitch AI blends launch momentum with real utility. That combination is why it keeps climbing presale rankings, and why many believe it is the answer to the “what crypto to buy now” question. https://www.youtube.com/watch?v=djEyt7U_1rY Hedera HBAR traded near $0.094 on February 2 and refuses to crack as altcoins bleed. Price grinds sideways at key support instead of flushing lower. Buyers absorb supply while sentiment stays soft. Fundamentals explain the hold. Hedera keeps pushing real-world asset development. GitHub activity stays elevated through the dip. Social chatter rises as price falls, pointing to analysis, not hype. HBAR bounced from $0.084 near the base of a falling wedge. The pattern favors compression, not distribution. As long as price holds above $0.088, upside toward $0.108–$0.110 stays in play. A clean break lower would shift risk back to the downside. Solana Solana sits under heavy pressure as fear grips the market. SOL was hovering near the $100 mark on February 2 after forced selling hit hard. Liquidations wiped out nearly $35 million in long positions and pushed the price into the mid-$90s. That flush crushed short-term confidence, making Solana the worst answer to the “what crypto to buy now” question. Derivatives add to the strain. Funding rates turned negative. The long-to-short ratio slipped below 1. Traders now lean bearish. Spot Solana ETFs also posted their first weekly outflows, hinting at cooling demand. SOL lost its $117–$147 range and keeps sellers in control. Buyers sparked a weak bounce toward $105. A close below $100 likely targets $95, with $80 as deeper risk. The bottom line If you’re asking what crypto to buy now, DeepSnitch AI keeps answering louder than the rest of the market. This is still an early-stage project, already attracting over $1.5M in capital while building tools designed for 100M+ traders who need real intelligence, not hype. Rumors of a Tier-1 CEX listing add fuel, but the real signal is the 160% move, which looks more like the beginning than the end. Presale bonuses amplify the upside fast, turning small allocations into oversized positions. Visit the official DeepSnitch AI website, join Telegram, and follow on X for more updates. FAQs What are the best cryptocurrencies to buy right now? The best cryptocurrencies to buy right now favor utility, and DeepSnitch AI leads with live AI intelligence and early-stage upside. What are today’s highest-conviction crypto picks? High-conviction crypto picks focus on asymmetry, where DeepSnitch AI offers the strongest risk-reward before public listings. Which crypto market favourites still have major upside? Most market favorites are mature, while DeepSnitch AI stands out as the early, utility-driven breakout opportunity. Tags: crypto,outflow,Solana 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

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