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    DRI uncovers another clandestine drug manufacturing unit in Maharashtra
    Delhi HC gives Kejriwal 4 weeks to respond to ED pleas against acquittal in two cases
    Pesticide residues found in 58 food samples tested in Kerala, says Minister Siddique
    DGFT Removes Physical Duty Payment Challans for Export Obligation Discharge Certificate Applications under Advance Authorisation and Export Promotion ...
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    Loan Utsav 2026: Bajaj Finance Personal Loan Now Comes with an Exclusive Reward Bundle for Eligible Customers
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    Rupee falls 8 paise to 95.25 against US dollar in early trade
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    August 10, 2026
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    Illicit opioid medicine exports exposed through concealed cargo, clandestine manufacturing, repacking, and attempted transnational trafficking to Nigeria.
    Illicit manufacture and attempted export of controlled opioid medicines were detected in a network producing, concealing, storing and exporting Tramadol Hydrochloride tablets to Nigeria. A consignment declared as Pregabalin capsules contained concealed Tramadol Hydrochloride and Tapentadol tablets. Investigation identified clandestine manufacture, repacking and preparation for export, with searches yielding tablet-compression machinery and raw materials. Tramadol is a psychotropic substance under the Narcotic Drugs and Psychotropic Substances Act, while Tapentadol is regulated under the Drugs and Cosmetics Act and its rules.
    August 10, 2026
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    Summons compliance under anti-money-laundering law faces appellate scrutiny after acquittal over unproven email service allegations.
    Delhi High Court required Arvind Kejriwal to reply to Enforcement Directorate petitions challenging his acquittal in proceedings concerning alleged non-compliance with summonses. The trial court found that the agency had not proved intentional disobedience, service of summons through email, or lawful issuance of electronic summons under the Prevention of Money Laundering Act. The appellate challenge concerns proof of service, validity of electronic summons, and intentional non-compliance.
    August 10, 2026
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    Pesticide residue concerns drive organic farming, school agriculture initiatives, infrastructure financing and climate-resilience support for farmers.
    Food-safety concerns arising from pesticide residues and toxic substances are to be addressed through organic vegetable farming, household cultivation and the Kathir school-farming initiative. Kathir provides for institutional farming, teacher and committee support, markets, student training and clubs, with possible academic weightage for agricultural participation. Agricultural infrastructure financing supports post-harvest management, value addition, processing, packing, marketing and exports. Additional measures include banking support, agricultural technology adoption, women-farmer support and schemes addressing climate-related floods and drought.
    August 10, 2026
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    Digital EODC processing removes physical duty challans through authenticated payment verification for export authorisation closure.
    Export Obligation Discharge Certificate processing under the Advance Authorisation and Export Promotion Capital Goods schemes no longer requires physical duty-payment challans for voluntary customs-duty payments made on or after 1 August 2026. Authenticated licence-wise payment information is electronically transmitted from Customs/ICEGATE to DGFT systems and mapped to the relevant authorisation. Exporters can verify payment details on the customer portal, while Regional Authorities use corresponding back-office records, replacing manual submission and verification for authorisation closure.
    August 10, 2026
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    Trusted service-call numbering requires verified utilities and logistics entities to use dedicated numbers exclusively for transactional and service communications.
    The 1601-series is introduced for verified utilities, courier and logistics entities making service and transactional voice calls. Numbers must be allocated directly to eligible entities, not intermediaries or aggregators, following verification by telecom service providers and an undertaking of exclusive use. Promotional voice calls are prohibited on this series and remain associated with the 140-series. The framework separates these calls from the 1600-series reserved for regulated financial-sector and government-to-citizen communications, supporting consumer recognition of legitimate calls and reducing impersonation risks.
    August 10, 2026
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    GST revenue collection drives tax growth while data scrutiny, taxpayer verification, and compliance capacity remain key administrative priorities.
    GST constituted the principal component of tax revenue for the 2025-26 fiscal year. Tax administration faces staff shortages, information-technology upgrade needs, and increased workloads from taxpayer registrations and return filings. Compliance oversight requires GST data scrutiny, risk assessment, identification of unregistered taxpayers, tax-evasion detection, and field verification of high-risk taxpayers. Long-term revenue planning sets progressively higher collection targets through 2063.
    August 10, 2026
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    Russian crude imports reshape India's refining trade as processed petroleum products reach sanctioning jurisdictions despite import restrictions.
    Indian imports of Russian crude oil reached a second consecutive monthly record in July 2026, with Russian crude forming the dominant share of India's Russian fossil-fuel purchases and more than half of total crude imports. Higher receipts through smaller terminals offset reduced volumes at Paradip. Indian refineries processing Russian crude also exported refined petroleum products to sanctioning jurisdictions, including the European Union, Australia and the United States, despite the European Union prohibition on imports of oil products made from Russian crude.
    August 10, 2026
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    Cyber-fraud through stolen phones allegedly used mule accounts, banking credentials and coordinated technical operations to divert victims' funds.
    Investigation into unauthorised withdrawals after theft of a mobile phone uncovered an alleged interstate cyber-fraud network using stolen devices, linked banking credentials and mule bank accounts. The scheme allegedly involved phone theft, supply of accounts and banking instruments, and a technical operation that accessed victims' accounts and routed funds for withdrawal or transfer. Digital surveillance, transaction mapping, seized devices, victim data and transaction records are being examined to identify linked complaints and the extent of funds allegedly diverted.
    August 10, 2026
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    Rupee depreciation reflected stronger dollar, elevated crude prices and geopolitical uncertainty, while portfolio inflows and equity gains provided support.
    The rupee depreciated against the US dollar amid a stronger dollar, higher global crude oil prices and uncertainty surrounding West Asia-related negotiations. Concerns over crude oil's potential impact on the trade deficit weighed on the currency, while positive domestic equity markets and foreign portfolio investment inflows provided support. Market caution remained focused on forthcoming US inflation data, dollar-index movements and Brent crude prices. Foreign-exchange reserves increased during the reported period.
    August 10, 2026
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    Collateral-free personal loans offer extended repayment flexibility, conditional reward benefits, and online application subject to eligibility and disbursal requirements.
    Loan Utsav 2026 provides eligible Bajaj Finance Personal Loan applicants an exclusive reward bundle where the loan is successfully disbursed during the campaign period. The collateral-free facility supports personal expenses, offers repayment tenures from 12 to 108 months, and may enable lower monthly EMI obligations through a longer selected tenure. Interest rates depend on eligibility, credit assessment, financial profile and lending criteria. Online applications require personal and financial details and required documents, with disbursal for eligible applicants possible after verification and approval.
    August 10, 2026
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    Credit card payment flexibility supports seasonal shopping and travel through eligible EMIs, rewards, tracking tools and conditional merchant benefits.
    Credit-card spending features include conversion of eligible purchases into EMIs, selected no-cost EMI options, reward points, cashback, merchant discounts and payment flexibility. Travel-related benefits may include domestic airport lounge access, travel-booking discounts, fuel-surcharge waiver and anniversary-linked rewards. The AU 0101 application enables transaction tracking, balance and interest-rate monitoring, EMI conversion and bill-payment management. Features and offers are subject to change, customer eligibility, internal policies and partner-merchant terms.
    August 10, 2026
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    Foreign-exchange market conditions weakened the rupee as stronger dollar and crude prices offset support from reserve growth and inflows.
    Foreign-exchange market conditions saw the rupee weaken against the US dollar in early trading, influenced by a stronger dollar and higher global crude oil prices. Foreign institutional equity inflows and increased foreign-exchange reserves moderated pressure on the rupee. Market attention remained focused on developments in West Asia and the Reserve Bank of India, alongside movements in the dollar index, crude oil prices and domestic equity markets.
    August 10, 2026
    Show AI Summary
    GI-tagged Mithila Makhana export facilitation expands sea-route market access while supporting quality compliance and farmer-linked value chains.
    Export facilitation for GI-tagged Mithila Makhana enabled the first commercial sea-route shipment from Bihar to Australia. APEDA, in association with the Bihar agriculture department, supported market access, coordination, capacity building and stakeholder engagement. The export model is intended to improve farmer price realisation, require adherence to global quality standards, and strengthen growers, processors and exporters. A separate HS Code for Makhana has taken effect under the Finance Bill, 2025, supporting product-specific trade classification.
    August 10, 2026
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    Startup ecosystem support expands through digital payments, cloud access, AI innovation, investment readiness, governance support and global market programmes.
    DPIIT has entered into strategic MoUs to support DPIIT-recognised startups through payment infrastructure, entrepreneurship development, cloud technology, mobility innovation, investment readiness and global-market access. Eligible startups may receive payment and cloud support, technical training, mentorship, startup formalisation assistance, market and investor connections, AI and mobility enablement, and programmes addressing governance, financial readiness, compliance and international expansion. The collaborations promote innovation across digital payments, clean energy, artificial intelligence, climate technology, advanced manufacturing, mobility and automotive technology.
    August 10, 2026
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    UPI transaction charges remain unavailable for consumers and person-to-person payments, while limited threshold-based merchant MDR may be considered.
    Proposed amendment of section 10A of the Payment and Settlement Systems Act, 2007 is intended to support UPI sustainability, technological advancement and resilience. Consumer payments and person-to-person transactions are to remain free. Any future merchant discount rate would apply only to limited merchant transactions above a threshold, at a nominal rate, while most merchant transactions remain free. The framework supports investment in cybersecurity, fraud prevention and infrastructure, alongside a self-sustaining and inclusive digital-payment ecosystem.
    August 10, 2026
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    Fair competition cooperation in renewable energy markets advances knowledge-sharing and evidence-based enforcement across interconnected digital and energy markets.
    BRICS competition authorities adopted a Joint Statement strengthening cooperation to promote fair competition, including in renewable energy markets. Cooperation focuses on dialogue, knowledge-sharing and consideration of cross-border competition challenges in digital markets, emerging technologies and the energy transition. Competition enforcement is to remain principled and evidence-based, supporting efficiency, consumer welfare, innovation and merit-based competition. A collaborative renewable-energy competition study identified evolving market dynamics and areas for future cooperation.
    August 10, 2026
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    Cost optimisation in public finance strengthens investment decisions, risk allocation, indigenous manufacturing and value-driven government expenditure through specialised financial expertise.
    ICoAS cost optimisation supports public financial management through prudent resource utilisation, financial oversight and improved cost management across government. Its role includes supporting indigenous manufacturing, better investment decisions, efficient public expenditure and maximum value for public spending. With greater private-sector participation and Public-Private Partnerships, ICoAS officers are expected to promote cost efficiency, appropriate risk allocation and sound project structuring. Capacity building emphasises integrity, financial modelling, data visualisation, analytical frameworks and artificial intelligence for improved public-finance management.
    August 9, 2026
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    Co-operative development financing would expand through direct assistance, share-capital participation and wider operational powers for sectoral support.
    National Cooperative Development Corporation (Amendment) Bill, 2026 proposes to broaden the Corporation's mandate to promote co-operative development. It would permit direct loans and grants to co-operative societies and other entities engaged in co-operative development, where funds are used for co-operative purposes. With Central Government approval, the Corporation could participate in the share capital of such entities. The proposals also expand the meaning of foodstuffs, remove geographical restrictions for industrial-goods assistance, and provide additional functional powers.
    August 9, 2026
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    GST compliance failures and electricity subsidy controls raise allegations of financial irregularities and potential losses to the public exchequer.
    Allegations based on a Comptroller and Auditor General report identified purported GST compliance failures involving outstanding tax liabilities, e-way bills generated after cancellation of GST registrations, limited bill scrutiny, non-compliance, and turnover mismatches. The allegations also concerned electricity subsidies extended to consumers with prolonged zero bills or apparent non-residence, presenting these issues as possible financial irregularities and losses to the public exchequer.
    August 9, 2026
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    Money-laundering prosecution complaints allege fund diversion through shell entities, credit-facility evergreening, layered transactions and fictitious project expenditure.
    Money-laundering prosecution complaints allege that funds from toll-road projects and credit facilities were diverted through group companies, contractors, shell entities and conduit accounts. In the toll-road matter, allegedly sham or back-dated subcontracting arrangements and subsequent documentation were used to portray transfers as genuine project expenditure. In the credit-facilities matter, fresh facilities were allegedly used to repay, rotate and evergreen earlier liabilities rather than for sanctioned end-use, with funds layered and presented as legitimate business expenditure or receipts. Attached assets are sought to be confiscated as alleged proceeds of crime.

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      Top 5 Favourites to Win the Player of the 2026 ICC T20 World Cup ft. Pathum Nissanka, Hardik Pandya, Mitchell Marsh, and More

      February 6, 2026

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      Hardik Pandya pushed India over the line in the 2024 ICC T20 World Cup Final Delhi, India (NewsVoir) The 2026 ICC T20 World Cup is less than a fortnight away, and the build-up to the T20 extravaganza is heating up as most of the teams are already playing or are set to play in bilateral T20I series to perfect their preparations for the tenth edition of the ICC T20 World Cup.

      The tenth edition of the T20 World Cup would mark a new leaf in the history of the tournament, as this will be the first edition which would not be marked by the presence of former Indian skipper Rohit Sharma or former Bangladesh skipper Shakib al Hasan.

      Veterans like David Warner and Virat Kohli have played some memorable performances in the recent editions of the marquee tournament, but will not appear in the 2026 edition. This year could mark the rise of new legends in T20Is with the likes of Suryakumar Yadav, Aiden Markram, Harry Brook, and Mitchell Marsh vying to win their first ICC tournament as the skipper of their respective nations.

      While batters have majorly ruled the roost in terms of winning the Player of the Tournament accolade at the previous T20 World Cups, the last edition witnessed Jasprit Bumrah bagging the individual accolade after a thoroughly impressive performance, helping India end their 17-year wait for the ICC T20 World Cup trophy.

      Let’s have a look at the top four favorites to win the Player of the Tournament award at the 2026 edition of the ICC T20 World Cup: #5 Marco Jansen (South Africa) Marco Jansen will have to contribute as a genuine all-rounder in the 2026 ICC T20 World Cup Marco Jansen has emerged as one of the best all-rounders in T20 cricket over the last couple of years, as his power-hitting abilities have consistently improved, and the lanky all-rounder now stands as the firm favorite to play at No.7 or No.8 for the Proteas.

      Placed alongside New Zealand and Afghanistan in Group D, South Africa would have an unenviable task of being at their best from the word ‘go’, which could prove to be tough, as showcased in their 3-1 loss to India in a recent bilateral series in similar conditions.

      Jansen showcased his power-hitting in the dead rubber of the series, smashing two boundaries and three maximums in 12 deliveries and also bowled a brilliant spell of 2/25 in four overs in the only match Markram’s men won in the tournament.

      #4 Mitchell Marsh (Australia) The Australian skipper has proven to be a powerhouse for Lucknow Supergiants, and despite the fact that Supergiants struggled in the 2025 edition of the Indian Premier League season, Marsh ended up in the Top 5 of the Orange Cap race with 627 runs in 13 innings at a strike rate of 163.71.

      After winning the 2021 ICC T20 World Cup, Australia has suffered two consecutive disappointing campaigns in the tournament, and both campaigns hurt the Kangaroos in different ways. While the loss in the 2022 edition at home would have arguably hurt them the most, the fact that they were eliminated by dark horses Afghanistan from the last edition would have stung even more for the fans down under.

      A product of Western Australian cricket, Marsh is one of the three Australian batters to feature in the Top 11 of the ICC T20I Men’s Batter rankings, alongside Travis Head and Tim David. The opening batter is well-versed with pitches in Mumbai, Ahmedabad, and Chennai, which could benefit the 2021 ICC T20 World Cup champions in the Super Eight stage.

      #3 Mohammad Nabi (Afghanistan) Veteran all-rounder Mohammad Nabi would be a key figure in the middle-order for Afghanistan alongside Azmatullah Omarzai and Rashid Khan. Over the years, Nabi has proven his mettle by finishing several matches for the Afghan Atalans and has a career strike rate of 136.59, which further improves to 165.5 when we narrow his T20I record to matches played in India.

      Along with his power-packed variety of batting shots, the 41-year old is a wily spinner who can spin webs around the opposition teams, especially on spin-friendly pitches in Chennai and Colombo.

      Afghanistan will open their group stage campaign and end it at the M.A.Chidambaram Stadium in Chennai, and their tournament opener against New Zealand could prove to be crucial for their 2026 ICC T20 World Cup chances.

      Nabi would be expected to support the spin trio of Mujeeb Ur Rahman, skipper Rashid, and Noor Ahmad while Fazalhaq Farooqi and Omarzai take care of the seam bowling duties. Afghanistan have a strong chance of making it to the semi-finals yet again if they play their cards right with Ibrahim Zadran and Darwish Rasooli in top form at the top of the order.

      #2 Pathum Nissanka (Sri Lanka) Pathum Nissanka has been the shining light for Sri Lanka’s flailing batting order in the last couple of years. While the youngster started his career with timid strike rates in T20Is, Nissanka’s consistency and improvement in the last couple of years have been rewarded by a bidding war between Delhi Capitals and Kolkata Knight Riders at the 2026 IPL mini-auctionw which ended with the Capitals shelling out INR 4 Crores to sign the Lankan batter.

      Over the last couple of years, the 27-year old has bulked up, gained more power, and opened his shot selection to more options, thus improving his strike rate to 138.53 in 2024 and 149.16 in 2025, which included a century against India in the 2025 Asia Cup. The opening batter stuck to his guns in a chase of 203 runs, scoring 107 runs off 58 balls, smashing 7 fours and 6 maximums, helping Sri Lanka take the dead rubber encounter to a Super Over battle.

      The 2014 T20 World Cup champions endured a tough time in the last few editions, even failing to get out of the group stage in the 2024 edition of the tournament, finishing in third place behind Bangladesh. The Lankan Lions would be relying on the brilliance of Nissanka and Wanindu Hasaranga in home conditions, which would provide some much-needed familiarity to the players.

      #1 Hardik Pandya (India) The defending champions are packed with a plethora of match winners, with Hardik Pandya the most proven all-round option and the senior-most player of the team in terms of appearances for the national team.

      The Mumbai Indians skipper would be playing under the leadership of his franchise colleague Suryakumar Yadav, which could prove to be a blessing in disguise, as Pandya would be freed of the captaincy responsibilities and can fully focus on opening the bowling for the Men in Blue alongside Arshdeep Singh or providing the finishing touches with the willow in his hand.

      Amidst a patchy injury record, the No.4-ranked all-rounder in the ICC T20I rankings has been completely focused on perfecting his preparations for the upcoming T20 World Cup, as the 32-year old sat out of the ODI series against New Zealand.

      Since the start of 2024, Pandya has taken a wicket in almost every three overs in T20Is, and his career batting strike rate of 143.65 is improving further as Pandya has recorded strike rates of 150+ in the previous two calendar years.

      Contributed By- Mohak Arora, Parimatch Sports analytics expert (Disclaimer: The above press release comes to you under an arrangement with Newsvoir and PTI takes no editorial responsibility for the same.). PTI PWR

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