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    SC frowns upon technical members outsourcing writing of verdicts, says tribunals have become liability
    5 Common AC Buying Mistakes to Avoid This Summer (2026 Guide)
    CBI files fresh case against Anil Ambani, Reliance Communications over Rs 2,220 crore bank 'fraud'
    Get Low-interest Personal Loans with Flexible Terms from Bajaj Finance
    RBI clears SBI Mutual Fund’s proposal to acquire up to 9.99 pc stake in Bandhan Bank
    Central Board of Indirect Taxes and Customs (CBIC) and Permanent Mission of India organise Special Trade Facilitation Sessions at World Trade Organisa...
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    Anil Ambani appears before ED in money laundering case
    Entire 11,790 MHz telecom spectrum available for auction valued at Rs 2.1 lakh cr: Sources
    India sustains 7-7.5 pc growth; Bengal should position itself as maritime state: Sanyal
    Cut costs, fix mis-selling to make insurance products affordable: IRDAI member to insurers
    ED attaches Rs 598-cr worth of assets in case against Ansal Properties
    ED attaches Anil Ambani's 'Abode' worth Rs 3,716 crore in PMLA case
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February 26, 2026
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Tribunal accountability undermined as technical members outsource judgments, prompting urgent tenure and vacancy reforms and oversight action.
Tribunal functioning and accountability are the central concerns: tribunals have become a "no-man's land" lacking accountability and producing questionable orders. Structural defects in the appointment and tenure regime allow technical members to assume chairpersonship and, in some instances, outsource drafting of judgments. The court directed the executive to expedite vacancy-filling mechanisms and granted interim tenure extensions for chairpersons while urging reforms to appointment, training, and accountability processes.
February 26, 2026
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Consumer financing enables AC purchases on Easy EMI, improving affordability but requires checking eligibility and costs.
Guidance advises matching AC capacity and inverter technology to room conditions to avoid high bills and uneven cooling, factoring installation and maintenance costs into total ownership, and prioritising warranty, spare parts, and after sales support. Easy EMI financing options with online eligibility checks, Insta EMI card facilitation, zero down payment offers, and variable promotional terms are available, but buyers must verify precise loan limits, service availability, and partner store conditions before purchase.
February 26, 2026
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Bank fraud allegations prompt fresh probe into diversion of loan funds and related money laundering inquiries.
A central investigative agency registered a fresh criminal case alleging that the promoter and his telecom group diverted and misutilised sanctioned loan funds, created fictitious related party transactions, manipulated accounts, and layered funds to conceal true flows, leading to the account's NPA classification; the bank's complaint and forensic findings allege systematic diversion through group entities and liquidation of investments to effect payments inconsistent with sanction terms.
February 26, 2026
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Unsecured personal loans: flexible repayment and competitive rates available, subject to credit score, income, and eligibility.
Bajaj Finance markets unsecured personal loans with competitive, credit based interest pricing, flexible repayment tenures chosen to manage EMI burden, minimal documentation, online application and expedited disbursal. Loan amounts cover a range of consumer needs and eligibility is determined by nationality, age limits, employment status and a minimum credit score, with rates and approval conditioned on income, employment type, credit profile and repayment capacity. The lender is a deposit taking institution registered with the Reserve Bank and classified as an NBFC D and NBFC ICC.
February 26, 2026
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Regulatory approval for stake acquisition with holding cap and time bound conditions, and prior approval required for increases.
RBI approved SBI Mutual Fund's acquisition of up to 9.99 per cent of Bandhan Bank's paid-up share capital or voting rights, subject to compliance with the Banking Regulation Act, 1949, RBI Directions 2025, FEMA, and SEBI regulations. The approval expires if the specified major shareholding is not acquired within one year, the aggregate holding must not exceed the approved cap at any time, and any increase to or beyond 5 per cent after falling below that level requires prior RBI approval.
February 26, 2026
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Trade facilitation advances India's digital customs reforms and TFA Plus measures, enhancing MSME integration into global value chains.
India has implemented comprehensive trade facilitation reforms to fulfil and extend WTO Trade Facilitation Agreement commitments by advancing TFA Plus measures under the National Trade Facilitation Action Plan 3.0. Core elements include a Single Window Interface, Customs Automated System, Risk Management System, pre-arrival processing, electronic exchange of origin data, electronic cargo tracking and coordinated border management. Capacity building through recognised institutions and partnerships supports other countries' implementation, while measures such as advance rulings, an Authorised Economic Operator programme and trust-based processes aim to reduce compliance burdens for MSMEs and facilitate e commerce exports.
February 26, 2026
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Bilateral trade agreement negotiations progress amid recent U.S. tariff policy adjustments affecting tariff treatment and transitional arrangements.
Senior-level discussions between India's commerce minister and U.S. commerce officials focused on advancing the legal text for the first phase of a bilateral trade agreement and expanding economic partnership. The talks were contextualized by a recent U.S. tariff policy adjustment-imposition of a uniform temporary tariff-which was noted as relevant to negotiations on tariff treatment, transitional arrangements, and safeguards in the prospective agreement.
February 26, 2026
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Aadhaar-enabled attendance strengthens identity-verified workforce accountability through certified biometric terminals and streamlined government procurement.
Aadhaar-enabled biometric attendance systems address attendance verification failures by replacing manual registers with identity-verified entries. The T502F Mini, listed on the Government e Marketplace for streamlined procurement, offers multi-modal biometric authentication (face recognition and fingerprint), real-time data sync, STQC-certified fingerprint sensor, SafetyNet compliance, and multiple connectivity options to operate across diverse network environments, supporting government mandates for Aadhaar-integrated attendance and enhancing tamper-resistant accountability in public sector and related institutional settings.
February 26, 2026
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Tax analytics modernization enables AI-driven tax administration, integrating secure cloud and citizen-facing portals to improve compliance and governance.
The program will deploy a secure cloud environment powered by NVIDIA AI infrastructure with LTM's BlueVerse as the intelligence backbone to consolidate analytics, simplify workloads, and deliver real-time insights. The integrated platform supports a smart citizen portal, automated campaign management, enhanced case workflows, and AI-driven helpdesk assistance to improve governance, reduce leakages, and strengthen taxpayer compliance and service experience.
February 26, 2026
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Trust-based customs processes drive digital governance and trade facilitation with new SWIFT rollout and procedural reforms.
CBIC is convening a National Symposium and International Customs Day to advance trust-based customs processes, digital governance and trade facilitation through presentations, stakeholder consultations and the launch of digital infrastructure, including a new single-window platform, the Customs Integrated System, a Digital Travellers Guide and a revamped traveller app. The programme also highlights courier, fisheries and baggage/personal import reforms, publication releases and the recognition of officers with Certificates of Merit, stressing procedural simplification, transparency and partnership with trade.
February 26, 2026
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Free Trade Agreements expand market access and call for global engagement to bolster resilient diversified supply chains.
India emphasises that Artificial Intelligence will transform jobs and increase demand for higher value skills in cybersecurity, data protection and system governance. The government highlights concluded Free Trade Agreements covering 38 nations that provide preferential market access and support integration into global value chains. Aatmanirbhar Bharat is presented as resilient, diversified supply chain building through global engagement, with calls to leverage FTAs to benefit MSMEs, farmers, exporters and fisheries and to enhance talent mobility for deeper global integration.
February 26, 2026
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Money laundering allegations in relatives' petition before High Court over Enforcement Directorate's tracing of rotated funds.
Challenge to an Enforcement Directorate complaint alleging relatives of an accused engaged in laundering by rotating funds through four accounts and reverting them to the principal accused; petitioners sought quashing of the complaint claiming false implication due to kinship, while the ED relied on transaction mapping and the identified money trail as the operative factual matrix implicating the accused and his spouse.
February 26, 2026
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Money laundering probe prompts PMLA questioning and property attachment as part of consolidated bank fraud investigations.
Enforcement Directorate officials recorded a statement under the Prevention of Money Laundering Act from a corporate promoter as part of ongoing probes into alleged bank loan fraud by a group company; the ED formed a Special Investigation Team to consolidate multiple fraud allegations and has used attachment powers and filed multiple money laundering cases against the group to investigate linked financial irregularities.
February 25, 2026
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Spectrum auction policy: regulator recommends full-band auction with a uniform spectrum cap and lower entry thresholds.
Trai recommends auctioning the entire 11,790 MHz available across nine frequency bands under specified modalities including reserve price, band plan, block size and bid conditions; the portfolio is valued at about Rs 2.1 lakh crore at reserve price and base prices are generally lower than 2022. Trai also proposes a uniform 35 per cent spectrum cap, reduced net worth entry criteria to encourage new entrants, and immediate reclamation of spectrum held by providers undergoing insolvency for inclusion in the upcoming auction.
February 25, 2026
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Maritime infrastructure expansion urged to drive regional growth and port led industrialisation, enhancing multimodal logistics competitiveness.
India's sustained sequential growth with macroeconomic stability depends on removing systemic inefficiencies rather than demand management; reforms like the Insolvency and Bankruptcy Code and infrastructure upgrades have cleaned bad assets. West Bengal should reposition as a maritime state by considering a large port and pursuing port led industrialisation, shipbuilding promotion and multimodal integration of road, rail, ports and air cargo to unlock regional economic opportunities.
February 25, 2026
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Insurance affordability: rein in acquisition and management costs to expand coverage, curb mis-selling and boost product access through design.
High distribution and administrative expenses sustain a low-penetration, high-cost insurance model; insurers must reduce customer acquisition costs and expenses of management, reassess product and channel value, and adopt digital distribution and customer-centric design to improve affordability and margins. The regulator expanded the Use and File procedure to enable quicker product launches within regulatory norms. Mis-selling undermines trust and must be prevented by correct sales practices. Universal, meaningful coverage by 2047 is framed as the penetration objective, founded on affordability, accessibility and awareness.
February 25, 2026
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Money laundering asset attachment under PMLA leads to provisional seizure of land tied to alleged fraudulent land transfers.
Provisional attachment under the Prevention of Money Laundering Act was ordered against land held by associate companies and nominees of a real estate firm amid allegations that those entities served as land holding vehicles while funding, control and beneficial ownership vested with the company; the probe alleges irregular collaboration agreements and GPAs, weakened landowner bargaining after acquisition notifications, transfers to private colonizers at depressed rates, wrongful gains to the company and detriment to landholders.
February 25, 2026
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PMLA attachment of a residential asset restricts transfer during investigation, pending adjudicating authority confirmation and possible confiscation.
A provisional attachment under the Prevention of Money Laundering Act has been issued against the Reliance Group residential property 'Abode' to prevent its transfer during an investigation into alleged bank loan fraud linked to Reliance Communications; the agency alleges the property was aggregated into a private family trust to disguise involvement and shield assets from liabilities arising from personal guarantees, and the attachment remains subject to confirmation by the PMLA Adjudicating Authority within 180 days, after which confiscation and vacation orders may follow.
February 25, 2026
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Revenue Intelligence and Economic Offences Directorate expands remit to investigate economic crimes and tax evasion.
The government replaces the State Revenue Intelligence Directorate with a Revenue Intelligence and Economic Offences Directorate empowered to investigate real estate fraud, banking and insurance financial crimes, NBFC and securities offences, multi-level marketing scams, fake insolvency cases, fraudulent recruitment and admission documents, illegal encroachments, stamp and registration irregularities, shell companies and cooperative scams, and to integrate inputs from tax and other revenue departments to check revenue leakages and curb tax evasion.
February 25, 2026
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Asset attachment under PMLA targets luxury property amid alleged bank fraud; further questioning scheduled by investigators.
A provisional order under the Prevention of Money Laundering Act attaches the Mumbai residence 'Abode', a multi storeyed luxury house valued at Rs 3,716.83 crore, in a probe connected to an alleged bank fraud by Reliance Communications; the cumulative attached value in the investigation is about Rs 15,700 crore.

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Unlike Cong, BJP does not do votebank politics, says Haryana CM

February 10, 2026

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Chandigarh, Feb 10 (PTI) Haryana Chief Minister Nayab Singh Saini on Tuesday asserted that unlike the Congress, the BJP government does not do votebank politics.

He hit out at the opposition party over its "misleading" claims regarding the cancellation of the old-age pension of several beneficiaries.

Saini refuted the Congress' claims regarding the alleged cancellation of old-age pensions in the state, calling them baseless, misleading and politically motivated.

Saini was speaking to reporters here on Tuesday evening after digitally disbursing Rs 1,431 crore to over 56.34 lakh beneficiaries under 18 public welfare schemes.

Saini asserted that the double-engine government under Prime Minister Narendra Modi's leadership is committed to giving the benefits of old age pension to all the eligible beneficiaries. At the same time, it is being ensured that no ineligible person draws a pension, he said.

"Our government is working with full transparency and ensuring that the benefits of our schemes reach the common people and eligible beneficiaries," he said.

During the past few days, Saini said, the opposition has been trying to mislead the people and they have been claiming that the old-age pension of two lakh people has been discontinued.

Saini alleged that the Congress has opened a shop of lies.

"They wake up every morning and start spreading misinformation," the chief minister said, adding that the Haryana government is working continuously and without pause for public welfare.

He said unlike the Congress, the BJP never does votebank politics. "We are concerned with benefits reaching the beneficiaries, whereas they always did votebank politics and used the elderly as a votebank," he said, hitting out at the Congress.

Referring to the claim made by the Congress that the pensions of two lakh people had been cut, the chief minister said it was necessary to place facts before the people of Haryana.

He said that according to the rules, pension benefits are automatically discontinued after the death of a beneficiary.

Out of the two lakh cases cited by the opposition, more than 1.03 lakh cases pertain to beneficiaries who had already passed away.

He said that due to a technical issue on the Registrar General of India portal, data regarding deaths in Haryana was not available from October 2024. Once the data was received in November 2025, pensions in these cases had to be discontinued in one consolidated exercise, he said.

He further said that in nearly 37,000 cases, beneficiaries were found to be below 60 years of age. These individuals had manipulated their age in Aadhaar records to fraudulently obtain pension benefits. Their pensions have been discontinued and action has been initiated against those involved in tampering with government databases, he said.

However, he clarified that if any of these beneficiaries submit valid proof showing they are above 60 years of age, their pensions will be immediately restored.

The chief minister further shared that in 39,000 cases, income-based eligibility had not been verified by the local and sector-level committees.

He emphasised that these pensions too have not been cancelled but only temporarily discontinued and assured that once income certificates are submitted, verification will be completed promptly and pensions will be restored if eligibility is confirmed.

Saini said that he came to know that some opposition leaders are claiming that there was never any annual income slab for old age pension when they were in power and said the criteria was introduced when the Congress was in power.

He said between 1992 and 2012, the annual income limit for old age pension by both the Congress and the INLD governments was kept at Rs 10,000 with the aim to restrict a larger number of beneficiaries from becoming eligible.

Also, he said, there was a meagre increase in old age pension during the INLD and the Congress' time.

"Be it the Congress or the INLD governments, their thinking was that fewer beneficiaries should get the benefit of old age pension. That is why the income limit was maintained at Rs 10,000 from 1991 to 2012. The then Congress government increased the annual income limit to Rs 2 lakh in 2012 with 12.89 lakh beneficiaries coming under its ambit," he said.

He said with an eye on the Haryana polls in 2014, the then Congress government announced an increase in old-age pension from Rs 500 to Rs 1,000 per month.

Saini said that on April 5, 2023, the BJP government headed by Manohar Lal Khattar increased the annual income limit for old-age pension to Rs 3 lakh.

When this announcement was made, 17.98 lakh beneficiaries were covered. Now, this figure of old age pension beneficiaries is 20,31,367, he said.

"During the INLD government's time, old-age pension increased by just Rs 200 and by Rs 700 during the Bhupinder Hooda government's time. During the BJP government's time, the old-age pension being given at present is Rs 3,200 per month, an increase of Rs 2,200 during our time," Saini said. PTI SUN KSS KSS

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