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    August 12, 2026
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    Corporate closure data highlights worker-claim treatment through insolvency adjudication and liquidation priority, while affected-worker information remains unmaintained.
    Corporate closure data recorded 36,211 private companies in Maharashtra as liquidated, dissolved or struck off during the preceding five financial years. Central information is not maintained on workers affected by closures or special rehabilitation packages. In corporate insolvency resolution, employee and worker claims are adjudicated under orders of the adjudicating authority. In winding-up or liquidation, the liquidator deals with pending wages and other admissible statutory dues, subject to available funds and the statutory order of priority.
    August 12, 2026
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    Compressed biogas development converts organic waste into cleaner fuel, rural income and reduced dependence on imported fossil fuels.
    CBG development is presented as a route for converting agricultural and organic waste into biomethane, bio-fertiliser and briquettes while reducing fossil-fuel imports, crop-residue burning and waste-management burdens. NexGen Energia's asset-light land-partner model uses landowner-provided sites while the company designs, installs and operates plants, including gas upgrading and offtake logistics. Anaerobic digestion and alternative gas-purification technologies support use of agricultural residue, food waste, manure and distillery effluent. Expansion is linked to the GOBARdhan National Circular Bioenergy Scheme, despite capital, feedstock-aggregation and commissioning constraints.
    August 12, 2026
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    Bilateral trade cooperation advances through investment focal points, services and health working groups, and planned preferential trade agreement negotiations.
    India-Namibia economic cooperation is being progressed through agreed follow-up mechanisms focused on value addition, investment facilitation and sectoral collaboration. Investment focal points have been designated, and a Services Working Group is to prepare a work plan for the Joint Trade Committee. Priority areas include health and pharmaceuticals, critical-mineral processing, gems and jewellery, digital payments, FinTech, railways, renewable energy and green hydrogen. Terms of Reference for the India-SACU preferential trade agreement were finalised, with negotiations to begin after signature and conclude within one year.
    August 12, 2026
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    AI governance in banking requires explainability, board accountability, rigorous testing, vendor controls and meaningful human oversight for customer-facing decisions.
    AI adoption in banking should be governed through a principles-based and proportionate framework that aligns innovation with financial stability, customer protection and accountability. Banks should maintain inventories of AI systems, adopt board-approved governance policies, ensure explainability for material lending and fraud decisions, conduct periodic red-teaming and stress testing, and preserve meaningful human oversight. Key risks include opacity, bias, vendor concentration, third-party dependence, data misuse, cyber vulnerability and loss of institutional accountability. Vendor arrangements require audit and explanation rights and credible exit plans.
    August 11, 2026
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    Land acquisition funding and regulatory approvals advance satellite-city development, tax relief, identity enrolment, employment verification, and jail reform.
    Assam Cabinet approvals include first-phase funding for land acquisition and development of the Aerotropolis Satellite City Project and a lease deed for a hotel supporting the Jagiroad semiconductor ecosystem. Measures also provide Aadhaar enrolment relaxation for Moran and Matak communities, zero agricultural tax up to the prescribed net-income threshold, OBC Non-Creamy Layer certificates, and trainee and graduate-assistance funding. Government jobs will be provisionally held pending police verification, with automatic confirmation where no report is submitted within six months. Jail rules will be amended to promote non-discrimination, sanitation, security and fair work allocation.
    August 11, 2026
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    Money-laundering investigation into alleged liquor-sale proceeds led to arrest and custodial questioning amid contested political allegations.
    Money-laundering investigation concerning an alleged liquor scam led to the Enforcement Directorate's arrest of Ramgopal Agrawal and seven days' custodial remand under the Prevention of Money Laundering Act. The agency alleged his connection with proceeds of crime, non-attendance despite multiple summonses, and evasiveness during questioning. Allegations concern purported control of the state excise department, illegal liquor sales, and sharing of commissions. The Congress has denied the allegations and described the investigation as politically motivated.
    August 11, 2026
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    GST inquiry closure bribery allegations prompted anti-corruption proceedings against a Sales Tax officer under corruption law.
    Alleged bribery in GST inquiry closure led to the arrest of a Sales Tax Assistant Commissioner after a scrap trader complained of a demand for illegal gratification to close an inquiry initiated through a GST show-cause notice. Anti-corruption officials reportedly verified the allegation through intermediaries, during which the officer allegedly agreed to accept payment for closing the matter. A criminal case was registered under the Prevention of Corruption Act, with further investigation ongoing.
    August 11, 2026
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    Direct tax collection growth reflected stronger non-corporate taxes and securities transaction tax receipts alongside slower refund issuances.
    Net direct tax collections increased by 23 per cent to over Rs 8.11 lakh crore through August 10, driven by higher non-corporate tax collections and slower refund growth. Gross direct tax collections grew by 19.75 per cent to about Rs 9.55 lakh crore. Net corporate tax collections rose about 20 per cent, net non-corporate tax collections rose 23 per cent, and Securities Transaction Tax collections increased 51 per cent. Refund issuances grew by 3.8 per cent year-on-year.
    August 11, 2026
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    Vicarious liability in cheque dishonour cases cannot attach to trust associates without statutory status or transaction-specific involvement.
    Vicarious criminal liability for cheque dishonour under section 141 of the Negotiable Instruments Act does not extend to a trust, because a trust is not a juristic person. A person cannot be summoned merely for alleged active involvement in a trust where the person was neither drawer nor signatory of the cheques, trustee, office-bearer, authorised account operator, guarantor, or executor of transaction documents.
    August 11, 2026
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    Cross-border payment integration through CBDCs and fast payment systems remains under BRICS discussion to reduce transfer costs.
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    August 11, 2026
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    Integrated infrastructure planning under PM GatiShakti coordinates project evaluation, multimodal connectivity, geospatial data use, and decentralized implementation.
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    August 11, 2026
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    MSME procurement through GeM has expanded alongside analytics-driven controls against suspicious bidding, collusion, and vendor misconduct.
    GeM uses AI/ML analytics to detect order splitting, suspicious bidding, abnormal pricing, repeated participation and potential buyer-seller collusion. Flagged cases are placed before buyer organisations for review and action, while suspected cartels are assessed through digital-footprint, pricing and bid-timing indicators. Its Incident Management framework addresses false documents, fraud, collusive behaviour and other misconduct through administrative measures, including suspension. Anti-competitive conduct and cartel formation are Severe/Grave deviations, with proven cases attracting suspension for up to 365 days.
    August 11, 2026
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    Direct tax collections show stronger corporate, non-corporate and securities transaction tax receipts, alongside increased refunds during the fiscal period.
    Net direct tax collections grew by 23.09 per cent to over Rs 8.11 lakh crore up to August 10 of the current fiscal year, while gross direct tax collections increased by 19.75 per cent to about Rs 9.55 lakh crore. Corporate tax, non-corporate tax including personal income tax, and Securities Transaction Tax receipts recorded growth. Refunds issued between April 1 and August 10 also rose over the corresponding earlier period. Direct tax collections are budgeted at Rs 26.97 lakh crore for the fiscal year.
    August 11, 2026
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    Mobile food testing laboratory accreditation expands quality-assured testing access and supports coordinated food-safety surveillance and regulatory efficiency.
    NABL has launched an Accreditation Scheme for Mobile Food Testing Laboratories under the Integrated Assessment Programme. The framework enables mobile laboratories to provide reliable, quality-assured and internationally benchmarked food-testing services closer to communities, extending accredited testing beyond conventional laboratory settings. It is intended to strengthen food-safety surveillance, improve access to quality testing, support faster regulatory intervention and enhance consumer confidence. Coordinated assessments, regulatory harmonisation and mutual recognition are also intended to reduce duplication and improve regulatory efficiency while maintaining quality and compliance standards.
    August 11, 2026
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    Digital public procurement will expand AI-led price intelligence, marketplace integrity, inclusive access, credit linkages and sustainable purchasing.
    Government e-Marketplace is advancing an AI-enabled public procurement ecosystem focused on efficiency, transparency, competition, price intelligence and marketplace integrity. Priorities include last-mile access through Suvidha Kendras, integration of public entities, credit linkages, sustainable procurement and university outreach. A nationwide five-digit Helpdesk short code, 14550, mapped to existing infrastructure, is intended to maintain service continuity and improve access to support and official communications. The platform seeks to provide enterprises with a more accessible and predictable procurement market and buyers with a data-driven procurement experience.
    August 11, 2026
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    Expedited flood insurance claims require insurers and partners to simplify documentation and provide immediate service to affected policyholders.
    Expedited insurance-claim handling for flood-affected policyholders in Assam is being pursued through simplified documentation, prompt settlement and immediate service response. PolicyBazaar is coordinating with insurer partners to reduce processing delays. The Insurance Regulatory and Development Authority of India has directed insurers, including life insurers and standalone health insurers, to mobilise resources for immediate assistance, alongside governmental efforts for expeditious and hassle-free claim disposal.
    August 11, 2026
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    Money laundering investigation in alleged liquor scam leads to arrest and proposed custodial-remand proceedings under anti-money-laundering law.
    Money laundering investigation concerning an alleged liquor scam in Chhattisgarh led to the arrest of Congress leader Ramgopal Agrawal under the Prevention of Money Laundering Act. Custodial remand is to be sought for interrogation. The allegations concern an alleged syndicate that purportedly controlled the state excise department, enabled illegal liquor sales and distributed resulting commissions. Chargesheets name political figures, excise officials and officials associated with the Chief Minister's Office.
    August 11, 2026
    Show AI Summary
    Money-laundering investigation into an alleged liquor scam leads to arrest and proposed custodial interrogation under the prevention law.
    Money-laundering investigation under the Prevention of Money Laundering Act concerns an alleged liquor scam in Chhattisgarh. A former state political party treasurer has been arrested for alleged involvement and is to be produced before a local court for a request for custodial interrogation. The alleged scheme is stated to have involved control of the state excise department by a criminal syndicate, with multiple accused named in six chargesheets.
    August 11, 2026
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    Immediate FIR registration for every missing person is mandatory, with missing children treated as suspected kidnapping or abduction cases.
    Immediate FIR registration is required whenever information is received that any person is missing, irrespective of age or gender, without preliminary inquiry. Missing-person FIRs must include relevant provisions concerning kidnapping and trafficking. A missing child must be treated from the outset as a suspected case of kidnapping or abduction. States and Union Territories may face contempt action for non-compliance. Traced children should ordinarily be restored to their families within 24 hours unless trafficking or exploitation by the family is suspected.
    August 11, 2026
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    Money-laundering investigation targets alleged chit-fund collections, investor-fund diversion, concealed deposits, and irregular land transactions.
    Money-laundering investigation into an alleged multi-state chit-fund scheme involved searches at premises linked to Wellfare Buildings and Estates Pvt Ltd and its directors, seizure of cash, vehicles, property-related records and digital devices, and freezing of bank accounts. The alleged scheme concerns unauthorised public-fund collection through land-allotment schemes, followed by closure of operations. Allegations include diversion of investor funds, manipulation of financial statements to conceal deposits, and irregular land transactions intended to suppress actual consideration and evade statutory obligations.

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      AAP leader shot dead in Punjab's Jalandhar: DGP says police have got many leads

      February 6, 2026

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      Chandigarh, Feb 6 (PTI) Aam Aadmi Party (AAP) leader Lucky Oberoi was shot dead by an unidentified assailant outside a gurdwara in Punjab's Jalandhar on Friday, shortly after he came out of the shrine after paying obeisance, police said.

      The incident took place around 7:30 am, when Oberoi was leaving the gurdwara in Jalandhar's Model Town area.

      Opposition parties -- Congress, Shiromani Akali Dal (SAD) and Bharatiya Janata Party (BJP) -- slammed the AAP government, led by Chief Minister Bhagwant Mann, over the incident, alleging that the state's law and order has collapsed under its rule.

      CCTV footage showed as Oberoi (43) came out of the gurdwara and sat in his car -- a Mahindra Thar -- an assailant wearing a black hoodie approached him on foot, opened indiscriminate fire and fled along with an accomplice, who was waiting for him on a two-wheeler at a short distance.

      Oberoi suffered multiple bullet injuries and was rushed to a hospital in an unconscious state. He subsequently succumbed to the injuries, ACP, Jalandhar, Parminder Singh, said over the phone.

      The window panes of Oberoi's sports utility vehicle (SUV) and another car parked nearby were shattered due to the firing.

      Satwinderpal Singh alias Lucky Oberoi was the AAP in-charge of a ward in Jalandhar Cantonment and a financier by profession.

      Director General of Police (DGP) Gaurav Yadav visited the crime scene and held a review meeting with senior officers. Yadav said the investigators have got many leads.

      An unverified social media post purportedly by foreign-based gangster Jograj Singh alias Joga Pholriwal claimed responsibility for the incident.

      Several allegations were levelled against Oberoi in the post, which mentioned that he was killed due to personal enmity. It was also claimed that the incident was linked to a dispute pertaining to the presidency of a college.

      Responding to reporters' questions in Jalandhar on whether the incident could be linked to personal enmity or could have got anything to do with student politics, the DGP said various theories have come to the fore. However, he added that no organised-crime angle has surfaced so far.

      Asked if the shooter and his accomplice have been identified, Yadav said he cannot share details of the investigation, but stressed that they have got many leads.

      Asked about the social media post in the name of Pholriwal, he said, "We will track the IP (internet protocol) address. Whosoever has committed the crime will be given exemplary punishment." The DGP said the chief minister has taken updates on the case.

      He said police teams have collected mobile-tower dumps to advance the investigation through a technical analysis.

      The assailants might have carried out a reconnaissance of Oberoi's movements, police sources said.

      Jalandhar Police Commissioner Dhanpreet Kaur said preliminary investigations have found that the assailant and his accomplice, both wearing black hoodies, fled the spot on a Honda Activa.

      A case has been registered under sections 103(1) (murder), 3(5) (common intention) and 61(2) (criminal conspiracy) of the Bharatiya Nyaya Sanhita (BNS) and sections 25 and 27 of the Arms Act at the Division 6 police station in the Jalandhar Commissionerate.

      A doctor at the private hospital where Oberoi was rushed told reporters that the AAP leader was brought to the facility at around 8:10 am.

      "He was unconscious and his blood pressure was unrecordable. Eight to nine rounds were fired at him and one of the bullets had pierced through his chest," he said.

      Despite best efforts, Oberoi could not be saved, the doctor added.

      When contacted over the phone, AAP's Doaba in-charge Tarandeep Singh Sunny said, "Oberoi is survived by his wife, who contested the civic polls last year, two daughters and a son." He was a very active leader, Sunny added.

      Opposition parties hit out at the AAP government over the incident.

      In a post on X, Leader of Opposition Partap Singh Bajwa said, "The shocking daylight murder of @AAPPunjab leader Lucky Oberoi outside a gurdwara in Jalandhar, exposes the grim reality: if even ruling party leaders aren't safe, what hope remains for ordinary citizens?" SAD president Sukhbir Singh Badal echoed the sentiment.

      "Punjab is bleeding under Aam Aadmi Party's 'zero fear' govt! Even AAP leaders are not safe in their own govt! The daylight murder of @AAPPunjab leader Lucky Oberoi outside a Gurdwara in Jalandhar today morning exemplifies this fact. Nearly 25 murders in January 2026 alone, after 9 in the first week of the year. They are happening everywhere, be it a court complex, busy bazaar, wedding venue, or even outside a Gurdwara Sahib," Badal said in a post on X.

      Senior SAD leader Bikram Singh Majithia and Punjab Congress chief Amrinder Singh Raja Warring also slammed the Mann government over the incident.

      "This has become a new norm in Punjab. Kill anyone anywhere as per whims and fancies. Shame on you, @BhagwantMann. You and your @DGPPunjabPolice have completely destroyed Punjab. Total collapse of law and order and still you are not ready to admit it," Majithia said in a post on X.

      Former chief minister and Congress leader Charanjit Singh Channi alleged that there is a breakdown of law and order in Punjab and people are living in a state of fear.

      Warring said nobody is safe under the AAP rule. "This is what we have been warning time and again. The AAP has pushed Punjab into a jungle raj," he told reporters.

      BJP general secretary Tarun Chugh said Oberoi's daylight killing is a chilling reminder that Punjab is slipping into complete lawlessness.

      Congress MLA from Jalandhar Cantonment Pargat Singh alleged that the AAP government is busy targeting political opponents. PTI SUN VSD RC

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