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    Bihar: Doctor held in connection with paper leak in PSC teachers' recruitment exam 2 years ago
    NYVO Launches India’s First Family Advisory Platform to Close the Investment Advisory Gap
    Tata Power to set up solar equipment manufacturing plant in Odisha
    SC asks Parsvnath Developers to file report on pending cases against it
    HDFC Bank board imposes Rs 1 lakh penalty on its MD, CFO and Group head in MSRDC case
    Gold rebounds Rs 2,440 to Rs 1.49 lakh/10g; silver climbs Rs 5,300 amid strong global cues
    Panasonic Washing Machines in 2026: Five Models with AI Connectivity, Built-In Heaters, and Smart Fabric Care
    Chandigarh University MBA Students Secure 2,605 Job Offers from 300+ Leading MNCs in 2025 & 2026; 196 Students Receive Multiple Offers
    New Handbook In-House Matters Maps the General Counsel's Rise to Business Leadership as India Builds Legal Capability Centres
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    ED chargesheets 3 founders of Gameskraft under PMLA
    IDFC FIRST Bank Q1FY27 Results: Highest Ever PAT of ₹1,075 Crore, Up 132.4% YoY
    India placed in lower 10 pc US tariff bracket; reaffirms commitment to BTA
    Ratnaveer Precision Engineering Reports 20% Revenue Growth and 21% PAT Growth in Q1 FY27
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July 28, 2026
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Examination-paper leakage allegations prompt arrest over arranging teacher recruitment candidates' access to leaked questions before the competitive examination.
Alleged examination-paper leakage in the Public Service Commission teacher recruitment examination is under investigation by the state Economic Offences Unit. A doctor was arrested in connection with allegations that he participated in a conspiracy to leak the examination paper and arrange candidates' selection for payment. Investigators alleged that he arranged candidates who were taken to a hotel shortly before the examination and given access to the leaked question paper.
July 28, 2026
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Fee-only investment advisory integrates household goals, insurance and mutual fund execution through personalised, incentive-independent financial planning.
NYVO's fee-only platform integrates investments, goals, insurance and cash flows into a personalised household financial plan. Users may connect existing mutual fund holdings, assess their alignment with financial goals and execute mutual fund transactions on the platform. Recommendations are based on an in-house asset-allocation model and mutual fund rating engine, while the flat-fee structure and absence of product-linked remuneration are intended to preserve independence from sales incentives. The platform uses read-only access under the RBI Account Aggregator framework.
July 27, 2026
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Solar wafer and ingot manufacturing expansion in Odisha advances subject to environmental, water and other regulatory approvals.
A solar wafer and ingot plant is proposed on acquired special economic zone land in Odisha, subject to arrangements for environmental clearances, water and other approvals. Work is expected to commence in October, with operations targeted for January 2028. The facility is intended to support solar manufacturing capacity and may address export opportunities arising from European renewable-energy market access for non-Chinese supply chains.
July 27, 2026
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Homebuyer enforcement measures require developer compliance with deposit, project completion, and disclosure of pending cases.
Homebuyer enforcement proceedings required the developer and its directors to disclose the status of pending purchaser cases and complete outstanding work in the booked dwelling unit by the specified deadline. Earlier directions required deposit of the recoverable amount with annual interest and warned of coercive consequences for non-compliance. Protective measures included freezing bank accounts, issuing bailable warrants, and preventing creation of third-party rights or transfer of possession. Insolvency proceedings were stated not to impede enforcement of directions concerning the homebuyers' claims.
July 27, 2026
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RBI direction compliance prompted internal disciplinary action over deposit mobilisation and marketing-expenditure payments, with the matter referred to RBI.
HDFC Bank's board addressed potential divergence from applicable RBI Directions concerning deposits mobilised from the Maharashtra State Road Development Corporation and related marketing-expenditure payments. Based on recommendations of a Special Disciplinary Committee of Independent Directors, it treated the conduct as business overreach rather than mala fide conduct, personal enrichment, or improper motive. Monetary penalties and warning letters were issued to relevant employees, and the board directed communication of the matter to the Reserve Bank of India.
July 27, 2026
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Precious-metal market pricing rebounds as easing inflation concerns, global bullion strength and lower yields support gold and silver.
Precious-metal prices rebounded in the domestic market, supported by stronger global bullion trends, lower crude-oil prices, easing inflation concerns, a weaker US dollar and lower Treasury bond yields. Domestic gold gains were limited by rupee appreciation. Further bullion-price movement was linked to geopolitical developments, inflation and GDP data, US economic indicators, and monetary-policy decisions by major central banks.
July 27, 2026
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Consumer financing eligibility supports instalment purchases of washing machines through partner stores, requiring in-person application and approval.
Consumer financing for Panasonic washing-machine purchases is available through Bajaj Finance partner stores under an Easy EMI Loan or Insta EMI Card, subject to eligibility and available credit limits. Repayment is offered through instalments over specified tenures, with zero down payment available on select models. Buyers must be physically present at a partner store to apply. The process includes comparing models, verifying pre-approved eligibility through mobile-number and OTP verification, evaluating the product in store, selecting an EMI plan, and completing the transaction after approval.
July 27, 2026
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MBA campus placements across industry-linked management programmes report recruitment activity spanning finance, analytics, technology, supply chain, healthcare and marketing roles.
Chandigarh University reports MBA placement activity during 2025 and 2026 across banking, information technology, financial technology, healthcare, retail, analytics, consumer goods and automobile sectors. It describes placements in flagship, applied finance and analytics, and industry-collaborated MBA programmes, including marketing, human resources, operations, supply chain, business analytics, digital marketing, financial technology, data science and healthcare management. The release identifies industry collaborations and participating recruiters, and is issued under a PRNewswire arrangement with PTI disclaiming editorial responsibility.
July 27, 2026
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General Counsel leadership now integrates commercial decisions, regulatory risk, legal-team design, and technology adoption within corporate management.
Corporate legal departments are evolving from compliance-focused functions into strategic business partners. The General Counsel's role encompasses commercial decision-making, regulatory and reputational risk, acquisitions, market entry, contracts, disputes, crisis management and technology adoption. Increased regulatory complexity and the growth of legal capability centres require proactive legal functions with appropriately structured teams, processes, workflow allocation, and use of technology and artificial intelligence.
July 27, 2026
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Healthcare portfolio management services disclose equity strategy performance, benchmark methodology, fee treatment and the absence of regulatory performance verification.
InCred Healthcare Portfolio is identified as an investment approach/product under an Equity Strategy pursuant to a SEBI circular. Its disclosed performance is benchmarked against the BSE 500 TRI, calculated using the Time Weighted Rate of Return method prescribed by SEBI, and stated to be net of fees and expenses. Returns for shorter horizons are described as absolute returns. The performance information is expressly stated not to have been verified by SEBI, and SEBI has not certified its accuracy or adequacy.
July 27, 2026
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UPI-enabled flexi benefits wallets support employee-selected tax-efficient allowances with category controls, compliance monitoring and employer reporting.
A UPI-enabled flexi benefits wallet is described as allowing employees to allocate employer-provided allowances among eligible categories and make payments through the relevant wallet at UPI-accepting merchants. Tax-efficient treatment is stated to depend on the prescribed conditions applicable to each benefit category. Merchant-category-code controls are intended to restrict expenditure to eligible purposes, while centralised allocation, transaction visibility and reporting support employer compliance. The arrangement is stated to operate through a Reserve Bank of India licensed prepaid payment instrument framework.
July 27, 2026
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Section 301 forced-labour measures place Indian imports in a lower tariff tier while preserving specified product exclusions.
Section 301 forced-labour import measures impose an additional ad valorem duty on imports from India, with India placed in a lower additional-tariff tier than initially proposed. Specified exports that attract no additional duties, and goods already subject to Section 232 measures, remain outside the Section 301 additional duty. A substantial portion of Indian exports is therefore excluded, while the remaining exports are subject to the additional duty. The textile-specific mechanism has not yet been operationalised, and engagement continues in relation to that mechanism and bilateral trade agreement negotiations.
July 27, 2026
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FCV tobacco market stability remains under review through coordinated measures to protect growers and maintain transparent auction operations.
FCV tobacco market stability was reviewed with emphasis on protecting growers' interests and considering long-term measures for the sector. The delegation inspected Tobacco Board auction operations, interacted with growers on prevailing market conditions, and noted the transparent and orderly conduct of auctions. The Government is monitoring developments and examining appropriate measures with the State Government, Tobacco Board and stakeholders to safeguard FCV tobacco farmers' interests.
July 27, 2026
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Corporate Mitra Scheme supports MSMEs through accredited professionals delivering affordable compliance, financial, taxation, accounting and governance assistance.
The Corporate Mitra Scheme seeks to strengthen MSMEs by connecting them with accredited para-professionals providing affordable compliance and business-support services. Corporate Mitras are envisaged to assist with regulatory compliance, finance, taxation, accounting and governance, allowing enterprises to focus on growth. The scheme also trains young graduates in industry-relevant skills and creates employment opportunities. IICA Shillong serves as the nodal agency for coordination, stakeholder liaison, promotion and awareness in the North Eastern Region.
July 26, 2026
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Tax administration must deliver timely lawful service, protect public assets, and uphold integrity in tax collection.
Tax administration should assist common citizens by handling matters within departmental authority without unnecessary delay, while remaining within applicable rules. Government departments should protect public land from illegal occupation and expedite lawful land transfers, permissions, construction arrangements and procurement for departmental premises and accommodation. Integrity is the essential principle for officials performing tax-collection functions.
July 26, 2026
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Investment fraud and forged residence certificates prompted chargesheets over alleged misappropriation, fabricated revenue records, land purchases and employment access.
Criminal chargesheets concerned alleged investment fraud through false promises of high returns and alleged misappropriation of investor funds, involving a company stated to be unregistered with SEBI, RBI and the relevant Registrar of Companies. A separate chargesheet concerned alleged conspiracy to procure permanent resident certificates using forged revenue records, with the certificates allegedly used for land purchases and government employment. Forensic examination reportedly found that the relevant revenue documents were not genuine according to official records.
July 25, 2026
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Money-laundering allegations in online rummy gaming prompt prosecution proceedings and asset attachment over suspected cheating of users.
Money-laundering proceedings concerning online real-money rummy operations include a prosecution complaint against Gameskraft Technologies, RummyTime Technologies, founder-directors and associated persons. The allegations concern proceeds of crime said to arise from cheating users through rummy applications and from an addictive environment encouraging repeated wagering. The proceedings also involve provisional attachment, seizure and freezing of financial holdings, equity interests and immovable properties alleged to be connected with suspected proceeds of crime. The founder-directors' arrests were declared invalid by the Karnataka High Court, while the investigating agency proposes to challenge that order.
July 25, 2026
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Banking financial performance reflected loan and deposit growth, improved asset quality, stronger margins and prudent contingency provisioning.
Quarterly financial performance reflected growth in customer business, loans and deposits, expansion in lending portfolios, an improved CASA ratio and lower cost of funds. Asset quality improved through reductions in gross and net non-performing assets, while profitability indicators improved in relation to net interest margin, cost efficiency, provisions, net profit and return on assets. The bank received credit-guarantee claims for its microfinance portfolio and created a contingency provision for macroeconomic and geopolitical uncertainty. Capital adequacy and common equity tier-one ratios were also reported.
July 25, 2026
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Forced-labour import tariffs place Indian goods under an additional duty while exemptions preserve access for specified exports.
A 10 per cent Section 301 additional import duty applies to specified Indian goods over and above ordinary most-favoured-nation duty, following a forced-labour-related investigation. Generic pharmaceuticals, smartphones, other specified products, and goods already subject to Section 232 sectoral duties remain outside the additional levy. The textile-specific mechanism has not yet been operationalised for India, while tariff-rate quota concessions using US-origin cotton and fibre were announced for certain other economies. India continues engagement on a bilateral trade agreement and tariff access for garments using American inputs.
July 25, 2026
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Copper Clad Laminate expansion advances through policy and rights-issue approvals, supporting domestic electronics manufacturing and strategic growth initiatives.
The company reported progress on a proposed Copper Clad Laminate manufacturing project, including in-principle approval under the Gujarat Electronics Policy and substantial project completion. The facility is intended to support domestic electronics manufacturing and reduce import dependence. It also reported upgraded credit ratings, enhanced rated bank facilities, and stock-exchange in-principle approvals for a proposed rights issue supporting expansion and strategic growth initiatives.

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Customs & Trade

HIGHLIGHTS

February 3, 2026

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New Delhi, Feb 3 (PTI) Following are the top stories at 9 PM TOP STORIES DEL100 BIZ-LD FM-INDOUS (7.28 PM)

India's exports to get boost with US cutting tariff: FM Nirmala Sitharaman New Delhi: US President Donald Trump's decision to slash tariffs on Indian goods to 18 per cent augurs well for the country as it will boost exports, Finance Minister Nirmala Sitharaman said Tuesday. By Vijay Joshi

DEL117 BIZ-LDALL INDIA-US TRADE PACT (8.53 PM)

India-US trade pact: India firewalls agri, dairy sector; sees boost to exports New Delhi: India has built guardrails to protect sensitive agriculture and dairy sector in the concessions it has agreed with the US in exchange for Washington lowering tariffs on Indian goods - a move that is seen pushing up exports from labour-intensive sectors like apparel, footwear and jewellery.

PAR15 LS- MOTION-RAHUL-LD BOOK (5.46 PM)

Rahul authenticates article on ex-army chief's 'memoir' on India-China conflict; LS impasse remains New Delhi: Leader of the Opposition Rahul Gandhi on Tuesday authenticated a copy of an article in the Lok Sabha which cited former army chief M M Naravane's unpublished 'memoir' but it failed to end the impasse over the matter, leading to a brief adjournment.

NATION DEL40 NDA-LD PAR MEETING (3.23 PM)

India-US trade deal a 'big decision': PM Modi at NDA MPs meet New Delhi: Prime Minister Narendra Modi on Tuesday said the India-US trade deal is a "big decision" that will benefit everyone in the country, and asserted that his government always works in favour of the nation.

DEL77 RAHUL-US-2NDLD TRADE DEAL (5.39 PM)

Rahul on Indo-US trade deal: PM buckled under pressure to sell out farmers' blood & sweat New Delhi: Congress leader Rahul Gandhi on Tuesday alleged that Prime Minister Narendra Modi buckled under US pressure to finalise a trade deal and “sold out” the hard work of the Indian farmers through the agreement.

DEL114 BIZ-INDIA-RUSSIAN-OIL (8.39 PM)

India to restrict Russian oil buy, import only where supplies are irreplaceable: Sources New Delhi: India will restrict crude oil purchases from Russia as part of an agreement reached with the US in exchange for lower trade tariffs, sources said, adding imports will continue for now by refiners such as Nayara Energy, which have no other alternative source.

DEL105 MAMATA-LD-SIR (7.36 PM)

Will support if motion for impeachment of CEC is brought, says Mamata New Delhi: West Bengal Chief Minister Mamata Banerjee, who is in the national capital as part of her intensified campaign against the ongoing SIR in her state, on Tuesday called for the impeachment of Chief Election Commissioner Gyanesh Kumar and sought to rally support from other opposition parties on the issue.

PAR29 LS-2NDLD SUSPENSION (6.46 PM)

Eight members suspended from Lok Sabha for 'unruly behaviour' New Delhi: In an escalation of the tussle between the government and the opposition, seven Congress members and one CPI-M MP were suspended from the Lok Sabha on Tuesday for 'unruly behaviour' after they tore papers and threw them at the Chair.

DEL106 BJP-LD MANIPUR (7.47 PM)

Y Khemchand Singh elected Manipur BJP legislature party leader; woman Kuki leader to be deputy CM New Delhi: Y Khemchand Singh was elected as the leader of the BJP legislature party in Manipur on Tuesday, paving the way for the formation of a popular government in the northeastern state with him as chief minister.

DEL99 RAHUL-SPEAKER (7.23 PM)

Blot on democracy: LoP Rahul lodges protest with Lok Sabha Speaker for not being allowed to speak New Delhi: Leader of Opposition Rahul Gandhi on Tuesday wrote to Lok Sabha Speaker Om Birla, lodging his strong protest for disallowing him to speak in the House on a matter of national security and terming it a "blot" on our democracy.

MDS25 AP-SIT-RECOMMENDATIONS (8.36 PM)

Laddu row: CBI recommends action against TTD officials for 'omissions, failures' in tender terms Amaravati: In a significant development, the CBI has asked the Andhra Pradesh government to take suitable action against senior TTD officers, including former members, for alleged "deliberate omissions and failures" in tender conditions, leading to the supply of adulterated ghee to make the famous Tirupati laddu.

LEGAL LGD30 SC-WHATSAPP-LD META (6.52 PM)

SC slams WhatsApp, Meta over privacy policy, says will pass interim order on Feb 9 New Delhi: In a stinging rebuke to global tech giants, the Supreme Court on Tuesday told Meta Platforms Inc and WhatsApp that they cannot "play with the right to privacy of citizens in the name of data sharing" and alleged that they were creating a monopoly in the market and committing theft of private information of customers.

LGD25 SC-WANGCHUK (5.38 PM)

Wangchuk detained for instigating people in border area: Centre to SC New Delhi: The Centre and the Union Territory of Ladakh administration told the Supreme Court on Tuesday that climate activist Sonam Wangchuk was detained for instigating people in a border area where regional sensitivity is involved.

BUSINESS DEL93 BIZ-VAISHNAW-MANUFACTURING (6.53 PM)

PLI 2.0 after finalising details with mobile, IT firms; tech jobs to cross 1.5 cr: Vaishnaw New Delhi: The government is in discussions with mobile phone makers, IT firms and other electronics manufacturing companies for the next version of the production linked incentive scheme before getting approval from the Cabinet, Union Electronics and IT minister Ashwini Vaishnaw said.

FOREIGN FGN44 RUSSIA-INDIA-2NDLD OIL (6.22 PM)

Russia has not received any message from India about stopping oil purchases: Kremlin spokesman Moscow: Russia has not heard any statements from India about stopping Russian oil purchases, Kremlin spokesman Dmitry Peskov said on Tuesday. By Vinay Shukla

FGN40 UK-INDIA-FTA (5.44 PM)

India-UK FTA offers strategic benefits for rules-based trade, British peers conclude London: The “historic” free trade agreement (FTA) with India offers strategic benefits and stability to businesses at a particularly challenging time for international commerce and rules-based trade, according to a UK parliamentary scrutiny report on Tuesday. By Aditi Khanna

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