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    BRICS grouping discussing linking CBDCs, fast payment systems: RBI Guv Malhotra
    PM GatiShakti National Master Plan Enables Integrated and Coordinated Infrastructure Planning
    GeM Strengthens Participation of MSMEs, Startups, Women Entrepreneurs and SHGs
    Net direct tax collection grows 23 pc to Rs 8.11 lakh cr so far this fiscal
    National Accreditation Board for Testing and Calibration Laboratories Launches India’s First Accreditation Scheme for Mobile Food Testing Laboratori...
    Commerce and Industry Minister Shri Piyush Goyal awards top buyers and sellers on GEM platform at the 10th Anniversary celebrations of GEM
    PolicyBazaar working with partners to fast-track Assam flood insurance claims
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    Register FIR in cases of missing persons immediately, irrespective of age or gender: SC
    ED freezes 182 bank accounts, seizes Rs 1 cr cash in connection to Rs 2k crore chit-fund scam
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    Haryana CM Saini launches MSME and Export Promotion Policy 2026
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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.
    PM GatiShakti National Master Plan provides an integrated, data-driven infrastructure planning framework using geospatial data, satellite imagery and API integration. Project approval, implementation and funding remain with the respective Central Ministries, Departments and States or Union Territories under their own plans and budgetary provisions; the framework sets no separate budgetary allocation or quantified targets. The Network Planning Group evaluates critical Central Government projects at the planning stage for multimodality, synchronisation, last-mile connectivity, comprehensive local development and coordinated decision-making.
    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
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    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.
    August 11, 2026
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    Rupee exchange-rate pressure intensified as crude oil, regional uncertainty and weaker equities constrained the local currency in early trade.
    Foreign-exchange market conditions placed the rupee under pressure against the US dollar amid West Asia uncertainty, higher crude oil prices, and weaker domestic equity markets. Foreign institutional investor inflows and Reserve Bank of India intervention supported the rupee and limited further depreciation. Reported dollar sales through state-run banks helped contain downside pressure despite rising Brent crude prices and uncertainty concerning the Strait of Hormuz.
    August 10, 2026
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    GST refund facilitation expands provisional input tax credit refunds and removes the minimum threshold for export-related IGST refunds.
    Punjab's GST amendments facilitate voluntary compliance and reduce procedural burdens by allowing a 90 per cent provisional input tax credit refund in inverted duty structure cases and removing the minimum threshold for IGST refunds on exported goods. Additional measures cap annual fee increases by private unaided educational institutions, establish digital open universities for technology-enabled higher education, protect trees and green cover, and address common infrastructure, panchayati raj, and contractual engagement of outsourced State personnel.
    August 10, 2026
    Show AI Summary
    Video-conference statements for an approver application were declined, requiring the accused's statement to be recorded before consideration.
    Special CBI Court rejected an accused's request to record her statement through video conferencing in a bank-fraud prosecution. The accused had sought to become an approver, and her statement was required to be recorded before consideration of that application. She and her husband had previously become approvers in a related money-laundering matter involving alleged fraudulent Letters of Undertaking.
    August 10, 2026
    Show AI Summary
    Fuel price transparency highlights allegations over excise duty, consumer retail costs, and profit disclosures by state-run oil marketing companies.
    Fuel pricing, central excise duty and profits of state-run oil marketing companies are examined through allegations that retail fuel prices and tax policy imposed excessive costs on consumers while generating substantial company profits. The criticism contrasts high crude-price periods with lower retail prices and lower excise duty against a later period in which reduced crude prices were allegedly not passed through to consumers. Profit-margin disclosure is also raised as a transparency issue, with parliamentary information described as covering oil prices, global crude prices and company profits.
    August 10, 2026
    Show AI Summary
    Discharge in money-laundering proceedings turns on whether pre-charge material sufficiently establishes the alleged offence.
    Discharge in a money-laundering prosecution was sought before a special PMLA court concerning alleged siphoning and laundering of loans advanced to Jet Airways by Canara Bank. The prosecution was directed to respond, subject to the applicant not seeking adjournment. Discharge is available after filing of a chargesheet and before framing of charges where the material before the court is insufficient to establish the alleged offence. The proceedings arise from a CBI FIR concerning alleged bank fraud involving Jet Airways and associated persons.
    August 10, 2026
    Show AI Summary
    High-speed rail indigenisation and infrastructure performance monitoring require skills development, comparative planning, measurable station assessments and freight-terminal dashboards.
    Parliamentary oversight calls for accelerated indigenisation of high-speed rail components, capacity-building through international expertise, and comparative study of successful high-speed rail systems for future corridors. Redeveloped stations should be assessed through measurable indicators concerning passenger use, accessibility, cleanliness, commercial occupancy, maintenance and feedback, with completed-project practices documented and shared. Operational cargo terminals and cargo-related facilities should be monitored through a digital dashboard covering utilisation, rake performance, mechanisation, connectivity, safety compliance and customer satisfaction.
    August 10, 2026
    Show AI Summary
    MSME and export promotion framework expands finance, technology, infrastructure, sustainability and global-market support for enterprise growth.
    Haryana Progressive MSME and Export Promotion Policy 2026 creates a five-year framework for MSME growth through financial incentives, institutional support, industrial infrastructure, technology adoption and export facilitation. Identified thrust-sector enterprises may receive capital and interest subsidies, stamp duty reimbursement, employment assistance, insurance support, and incentives for automation, artificial intelligence, testing and research. Proposed venture capital and credit guarantee funds seek to improve institutional and collateral-free finance. Export support covers international certifications, credit, insurance, freight, e-commerce, trade fairs, documentation, compliance and buyer connections, alongside sustainability and inclusive entrepreneurship measures.
    August 10, 2026
    Show AI Summary
    Employee data exposure alerts trigger review of alleged password spraying and MFA fatigue, with customer and operational systems unaffected.
    Employee data exposure alerts prompted TCS to review allegations concerning limited basic employee information that appears to be more than four years old. No indication exists that customer data, customer systems, or operational systems have been affected. The alleged vectors involve password spraying and multi-factor authentication fatigue. TCS states that safeguards against these techniques have been in place for more than two years, its controls remain effective, and monitoring and further assessment will continue.
    August 10, 2026
    Show AI Summary
    Mustard honey export demonstrates FPO-led aggregation, quality-focused production and industry collaboration for international agricultural market access.
    Mustard honey export from Tripura to Dubai marks the first international shipment by Dergang Farmer Producer Organisation, supported through export-oriented aggregation and market linkage initiatives. The export creates overseas market access for local beekeepers and farmers, diversifies the honey value chain, and encourages quality-focused production. Industry collaboration supported bee production and an export-oriented supply chain, while capacity building, quality assurance, value addition and market linkages can strengthen agricultural exports and farmer participation in international markets.

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      ICC T20 World Cup 2026: Defending Champions India Start as Favourites at Home

      February 11, 2026

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      Defending champions India will be showcasing their strengths in front of their fans Delhi, India (NewsVoir) Defending Champions and Co-Hosts India kick off their 2026 ICC T20 World Cup campaign on February 7 against the United States of America, who are currently mired by the suspension of USA Cricket ahead of the mega-event in India.

      After winning the 2024 T20 World Cup held in the USA and the West Indies, India bid adieu to Rohit Sharma, Virat Kohli, and Ravindra Jadeja as the experienced trio walked away from the shortest format of the game at the international stage.

      With Gautam Gambhir taking charge of the Men in Blue, Suryakumar Yadav was appointed as the captain of the Indian team in T20Is, as Abhishek Sharma, Tilak Varma, and Varun Chakravarthy stamped themselves as ever-presents for India.

      The Suryakumar-led side has since then grown leaps and bounds as India has solidified their spot at the top of the ICC T20I rankings. Abhishek and Tilak have grasped two of the top three spots in the batters’ rankings, while Varun Chakravarthy is ruling the roost in the bowlers’ list.

      Placed in Group A alongside arch-rivals Pakistan, the USA, Namibia, and the Netherlands, the Men in Blue should be one of the favorites to reach the Super Eight stage. Let’s have a look at how India heads into the tournament and whether their preparations are up to the mark as they will be defending the coveted trophy in front of their fans: India’s record since the 2024 T20 World Cup Triumph Indian cricket fans would have expected a topsy-turvy start to their new era, but Gambhir and Suryakumar have quashed their doubters by winning every T20I series in the build-up to the 2026 ICC T20 World Cup.

      Suryakumar kicked off his captaincy era with a bang against Sri Lanka and Bangladesh as the Men in Blue clean-swept both of their neighbors. While India won all three matches against Sri Lanka, including a win in the Super Over, the Men in Blue completely annihilated Bangladesh in all three fixtures, especially the 133-run win in the dead rubber, courtesy of a Sanju Samson century.

      While India got off to a good start to the Suryakumar era, their real test was yet to come as Gambhir’s men travelled to the rainbow nation to face South Africa for a 4-match T20I series.

      Both Samson and Tilak scored two centuries each to help India register a 3-1 win in the series, where they were expected to be heavily challenged by the Proteas. Chakravarthy scalped 12 wickets in 4 matches, including a 5-wicket haul in the only match India lost, as the seamers failed to support the spinners on a sluggish surface.

      England then toured India in January 2025, and the Men in Blue were clinical yet again, winning the series 4-1. After India had already wrapped up the series 3-1, Abhishek Sharma’s blitz of 135 runs off 54 balls helped India win the dead rubber by an emphatic margin of 150 runs.

      After winning the England series, India’s next T20I assignment came in September as the Men in Blue won the Asia Cup, defeating arch-rivals Pakistan thrice in a span of two weeks to lift the coveted trophy.

      After winning the Asia Cup, the Men in Blue went down under and defeated Australia in their own backyard, followed by a 3-1 win against South Africa at home and are now on course to win the New Zealand series as well, which is the last stop on the road to the 2026 ICC T20 World Cup.

      Squad Abhishek Sharma, Sanju Samson (wk), Ishan Kishan (wk), Tilak Varma, Suryakumar Yadav ©, Shivam Dube, Hardik Pandya, Rinku Singh, Axar Patel (vc), Washington Sundar, Harshit Rana, Arshdeep Singh, Varun Chakravarthy, Jasprit Bumrah, Kuldeep Yadav.

      Key Players for India The Men in Blue have the privilege of the playing XI being packed with a plethora of match-winners, with the likes of Shreyas Iyer and Kuldeep Yadav failing to break into the playing XI.

      #1 Abhishek Sharma The left-hand batter is mentored by Yuvraj Singh, the hero of India’s 2007 ICC T20 World Cup and 2011 ICC Cricket World Cup triumphs. It would be fair to say that Abhishek Sharma has emerged as the most prominent player in the last two years, smashing 1199 runs at a strike rate of more than 190.

      The ability to smack the ball out of the ground, maximum after maximum, has hurt opposition sides in the last two years, showcased by Abhishek’s stats of 2 centuries and 7 half-centuries. When we look at Sharma’s numbers in India, the average and strike rate both improve massively as the southpaw has scored 501 runs in 13 innings at a strike rate of 206.17.

      #2 Hardik Pandya Hardik Pandya is the most experienced T20I player in the side.

      The vice-captain of the Indian team in the 2024 ICC T20 World Cup triumph was arguably left high and dry as the captaincy armband was passed on from Rohit Sharma to Suryakumar Yadav after Gambhir’s appointment. Nonetheless, Hardik Pandya has proved to be undroppable with his crucial ability to score runs at a fast pace in the middle overs and often provides the finishing touches as well.

      Pandya enjoyed a memorable 2024 year in T20I cricket and has often been deployed as the second seamer in the run-in to the 2026 T20 World Cup. The all-rounder’s capabilities of taking the new ball and swinging it both ways has often proven to be a masterstroke, especially against left-hander opening batters.

      #3 Varun Chakravarthy Varun Chakravarthy was made the scapegoat of the embarrassment handed to India in the 2021 ICC T20 World Cup as the Kolkata Knight Riders’ mystery spinner failed to adjust to the pitches on offer in the United Arab Emirates.

      Since then, the former architect has developed a couple of new variations in his mystery spin bowling and has also improved the fielding and batting aspects of the game, becoming more than a single-trick pony as he was often called back in 2021.

      The spinner has scalped 55 wickets in 28 matches since the end of the 2024 T20 World Cup at a brilliant average of less than 13. The KKR spinner would be ready to unleash havoc with India playing its matches across the spin-friendly pitches of Colombo and Chennai, while bowling in Mumbai or Delhi could prove to be a challenge for the No. 1-ranked bowler in T20Is.

      Predicted Playing XI India: Abhishek Sharma, Sanju Samson (wk), Tilak Varma/Shreyas Iyer, Suryakumar Yadav ©, Shivam Dube, Hardik Pandya, Rinku Singh, Axar Patel, Arshdeep Singh, Varun Chakravarthy, Jasprit Bumrah.

      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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