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    Kerala: Five held for smuggling high-end used cars from Bhutan; DTO among accused
    Domestic LPG price hiked by Rs 60 per cylinder to Rs 913
    Implementation of Unique Identifiers for Aadhaar-based Authentication Transaction.
    Regarding the reimbursement of the amount equivalent to the State Goods and Services Tax (SGST) payable for the exhibition of the film "Shatak – 100...
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March 7, 2026
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Vehicle smuggling exposed; arrests follow forged registrations and alleged official complicity, customs pursue custody.
A cross border smuggling scheme brought high end used vehicles from Bhutan into India without payment of Customs duties, re registering them using forged documents; Customs' "Operation Numkhor," aided by state police, led to arrests, seizures and a planned court application for custody to further investigate alleged organiser conduct including involvement of a District Transport Officer and duplicate registrations identified by the auditor.
March 7, 2026
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Emergency powers invoked to boost domestic LPG production amid supply disruptions following Middle East conflict.
Retail LPG prices for household and commercial cylinders were increased, with non subsidised domestic cylinders and Ujjwala beneficiaries affected and commercial cylinders rising by a larger margin; the hikes are attributed to global energy price spikes and supply disruptions via the Strait of Hormuz. To augment domestic supplies, the government invoked Emergency Powers directing refineries to ramp up LPG production, while state taxes continue to cause regional price differences.
March 7, 2026
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Unique Transaction Identifiers mandated for each scheme to improve traceability; notify UIDAI and adopt LITE code where applicable.
REs implementing Aadhaar authentication must embed a Unique Transaction Identifier (up to five alphabetic characters appended to the transaction ID) for each scheme/service/use case, notify UIDAI using the Annexure III format before implementation, and follow Annexure I guidelines; low volume government entities may apply for a LITE Code via their AUA/KUA under the SOP in Annexure II, with secure logging, compliance obligations, and license/penalty consequences if thresholds are exceeded.
March 7, 2026
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SGST reimbursement for film exhibition approved subject to print week limits, ticket price restrictions, and treasury deposit compliance.
Reimbursement of the State Goods and Services Tax (SGST) equivalent for the film is approved subject to conditions: no increase in prevailing entry fees or changes to seating-class capacities; a statewide cumulative print week ceiling limiting the product of prints and weeks and an overall exhibition duration cap of three months; ticket sales must reflect reduction of the SGST component during the notified period; and multiplex/cinema owners must deposit the SGST amount into the treasury following the prescribed procedure.
March 7, 2026
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Free Trade Agreements expansion broadens market access and mobility, protecting sensitive sectors while promoting exports and investment.
India has expanded its network of Free Trade Agreements, implementing bilateral and plurilateral instruments that broaden preferential market access for agriculture, exporters of garments, leather and handicrafts, AYUSH and organic products, and digital services, while introducing mobility and post-study work pathways and measures to catalyse investment; negotiations are described as balancing market access with protections for sensitive sectors and domestic industry to align trade expansion with national self-reliance and economic transformation.
March 7, 2026
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Permission to import Russian-origin oil as a short-term supply waiver allows select deliveries to Indian ports under strict conditions.
The Treasury issued a time-limited authorization allowing sale, delivery and offloading in India of Russian-origin crude oil and petroleum products loaded on vessels on or before March 5, 2026, authorised through April 4, 2026, provided delivery/offloading occurs at an Indian port and the purchaser is an entity organised under Indian law; the general license is narrowly limited to those transactions and does not authorise other transactions prohibited by separate Executive orders or the Iranian Transactions and Sanctions Regulations.
March 7, 2026
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Labor market weakness deepens as employers cut jobs and unemployment rises, complicating monetary policy choices.
Significant net job losses and a rising unemployment rate signal renewed strain in the labour market: employers cut 92,000 jobs in February, pushing the unemployment rate to 4.4 percent and reversing January's stronger payroll gain. Job losses were broad-based across healthcare, restaurants and bars, construction, manufacturing, administrative support, and courier services, while average hourly wages increased modestly year over year.
March 6, 2026
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Free Trade Agreement delivery shifts to implementation, emphasising tariff liberalisation, procurement access and parliamentary ratification.
The Government has shifted focus to operationalising the India-UK Comprehensive Economic and Trade Agreement (CETA), advancing entry-into-force and parliamentary ratification while highlighting tariff liberalisation for UK exports and exclusive access to India's federal procurement market; peers urged attention to implementation mechanics, services and investment gaps, SME support, and comparative analysis with other India agreements.
March 6, 2026
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Supplementary demands for grants approved to enable presentation of upcoming budget estimates and statutory audit reports in the legislature.
The state cabinet approved the presentation of supplementary demands for grants for the current year and the forthcoming year's budget estimates, and authorized laying the Comptroller and Auditor General's audit reports along with the government's Finance and Appropriation Accounts in the legislature, constituting executive clearance for budget supplementation, upcoming fiscal planning, and statutory audit disclosure.
March 6, 2026
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Electricity tariff revision reduces consumer rates while preserving utility financial viability and promoting EV charging affordability.
The Punjab State Electricity Regulatory Commission's 2026-27 tariff order reduces energy and fixed charges across domestic, commercial and industrial categories while maintaining PSPCL's financial viability; it preserves a 300-unit-per-month free domestic entitlement, lowers per-unit and fixed charges for specified load and consumption bands, reclassifies lawyers' chambers to domestic tariff treatment, and sets a low tariff for electric vehicle charging to encourage clean mobility.
March 6, 2026
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Money laundering: Discharge sought after predicate offence closure; enforcement agency ordered to respond to the challenge.
A public representative has moved a discharge application under money laundering law, arguing no money laundering offence is made out because the predicate offence has been closed. The Enforcement Directorate's prosecution follows an FIR alleging that a cooperative bank, after taking possession under SARFAESI, conducted an allegedly undervalued auction of a sugar mill asset based on a questionable valuation and disputed bidder disqualifications, and the court has directed the agency to respond to discharge applications.
March 6, 2026
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Exchange rate risk may rise from prolonged Middle East crisis, potentially stoking inflation and straining energy dependent sectors.
Prolonged Middle East escalation can transmit higher energy prices into the domestic economy, creating exchange rate pressure and inflationary impulses via shipping disruptions and damage to regional energy infrastructure; subdued capital flows and a flight-to-safety may aggravate currency weakness, while energy dependent sectors like fertilisers and petrochemicals face vulnerability. Offsetting these risks are ample foreign exchange reserves, a low current account deficit in H1 FY26, still-moderate inflation, strong GDP momentum, and policy measures-including trade diversification and Budget 2026-27 fiscal-capex initiatives-expected to strengthen external resilience.
March 6, 2026
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Rupee depreciation risks persist as energy-driven pressures and fund outflows may prompt central bank intervention.
Rupee depreciation to 91.82 was driven by rising crude prices, Middle East geopolitical tensions, foreign fund outflows and weak domestic equities; the US allowance for limited Russian oil purchases provided temporary relief. Rating commentary highlighted risks of higher inflation and a wider current account deficit if energy prices remain elevated. Analysts signalled that sustained oil-price spikes could compel stronger central bank intervention in spot and offshore non-deliverable forward markets to contain volatility.
March 6, 2026
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OFAC waiver for stranded Russian oil permits deliveries to Indian entities but legal clarity on dealings with sanctioned entities is sought.
A US Treasury licence allows delivery, sale and offloading of Russian-origin crude and petroleum products loaded before March 5, 2026, to purchasers organised under Indian law until April 4, 2026; it permits purchases of cargoes stranded at sea, including on sanctioned vessels, but is silent on whether transactions with sanctioned entities are allowed, prompting Indian refiners to seek legal opinion while acquiring mainly non sanctioned cargoes to rebuild inventories amid regional supply disruptions.
March 6, 2026
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Inclusive public procurement expands market access for startups, women entrepreneurs and MSEs through digital storefronts and capacity building.
SWAYATT expands direct access of startups, women entrepreneurs, youth, MSEs and SHGs to public procurement via GeM by using digital infrastructure, dedicated storefronts, capacity building and ecosystem partnerships to reduce market entry barriers, improve discoverability among government buyers and promote transparent transactions; GeM reports sustained increases in participation and order volumes for these seller segments over the seven-year period, attributing growth to platform-driven inclusivity, outreach and targeted support measures.
March 6, 2026
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Energy security through alternative fuels faces entrenched petroleum resistance, challenging policy efforts to transition transport to greener fuels.
The article identifies resistance from petroleum interests as a primary obstacle to achieving Energy Security by promoting non-polluting indigenous fuels, compressed bio-gas and other alternative fuels. It describes government commitments to make the transport ecosystem smart, safe and sustainable by 2030 through support for technology, market entry and rural economic benefits, while warning that vested commercial interests may impede regulatory deployment and market scaling of green fuels.
March 6, 2026
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Token presale utility signals promising demand and positions traders ahead of listing, subject to investor risk disclosures.
The commentary promotes DeepSnitch AI's token presale as a superior speculative opportunity based on live on chain utilities (Feed, Scan, Cast GPT, Audit, Explorer), a small cap and presale pricing with a 300% bonus ahead of a March 31 launch. It contrasts DeepSnitch's live product driven demand with ONDO's RWA tokenization fundamentals and Kaspa's PoW architecture, stresses a limited window to access the presale before listings, and includes a risk disclaimer urging independent financial advice.
March 6, 2026
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Foreign exchange reserves rise as central bank reports gains across foreign currency assets, gold, SDRs and IMF reserve position.
The central bank's weekly reserves report records an increase in foreign exchange reserves driven by growth in foreign currency assets, a rise in gold reserves, a marginal uptick in Special Drawing Rights, and an improved reserve position with the IMF, with part of the foreign currency assets movement attributable to valuation effects from non US currencies.
March 6, 2026
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Emergency powers under Essential Commodities Act direct refiners to prioritise LPG production for domestic household cooking supply.
Government, exercising emergency powers under the Essential Commodities Act, ordered all refiners to maximise utilisation of propane and butane streams for LPG production, to supply that LPG only to three public sector oil marketing companies for sale to domestic households for cooking, and prohibited diversion of those streams to petrochemical manufacture, with penal consequences for contravention.
March 6, 2026
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RBI co-lending framework enables joint gold loans with lead originator handling sourcing and servicing, and shared underwriting oversight.
A co-lending arrangement under the Reserve Bank of India's co-lending framework establishes a participation-based funding structure where the NBFC leads loan sourcing, onboarding, KYC, gold valuation, collections and servicing, while credit assessment and sanctioning occur under a mutually agreed credit framework; risks and rewards are shared in line with regulatory guidance and structured governance, compliance oversight and joint portfolio monitoring are implemented to ensure transparency and prudent portfolio management.

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Merck Foundation and African first Ladies mark International Day of Girls & Women in Science by empowering women in STEM and supporting girl education

February 11, 2026

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Mumbai, Maharashtra, India & Banjul, The Gambia – Business Wire India • Merck Foundation provided 1195 scholarships to women healthcare providers to empower women in science - International Day of Girls & Women in Science 2026 • Dr. Rasha Kelej, Merck Foundation CEO, together with The First Ladies of Africa, mark ‘International Day of Girls & Women in Science 2026’ through their ‘Scholarship Program’, ‘MARS Awards’, and ‘Educating Linda’ Program Merck Foundation, the philanthropic arm of Merck KGaA Germany, marks ‘International Day of Girls and Women in Science 2026’ together with the First Ladies of Africa, and partners including African Ministries of Health, Education, Gender & Information, and Academia through their “Scholarship Program” and “MARS Awards”. Senator, Dr. Rasha Kelej (Ret.), CEO of Merck Foundation emphasized, “As we mark the International Day of Girls and Women in Science 2026, we reaffirm Merck Foundation’s strong commitment to empowering women in science and technology through our “Scholarship Program”, as a part of which we provide specialized medical scholarships to African women healthcare providers, and through the “MARS Awards”, through which we recognize and empower outstanding women scientists in STEM.” Merck Foundation has provided more than 2,500 scholarships to healthcare professionals from 52 countries across 44 critical and underserved medical specialties, and nearly 1,200 scholarships have been provided to women medical graduates. “I am proud that nearly 50% of our total 2500+ scholarships have been provided to women healthcare providers. This is a significant achievement toward reducing the gender gap in science and strengthening women’s leadership in STEM, as while women have made remarkable progress globally, they remain significantly underrepresented in scientific and technological fields. At Merck Foundation, we work every day to bridge this gap,” added Dr. Rasha Kelej. Merck Foundation annually launches their MARS Awards to encourage and recognize ‘Best African Women Researchers’ and 'Best Young African Researcher’. The aim of MARS Awards is to empower women and young African researchers, advance their research capacity, and promote their contribution to STEM (Science, Technology, Engineering, and Mathematics). Merck Foundation has celebrated more than 90 winners so far. Recently, Merck Foundation CEO hosted the virtual Award Ceremony together with their partners Africa Reproductive Care Society – ARCS and Manipal University to recognize African Researchers for their valuable research work and contribution to empowering women and youth in STEM in Africa, with special focus on ‘The Role of Scientific Research in Women Health and Reproductive & Fertility Care’. She also announced the Call for Applications for MARS Awards 2026. Watch Merck Foundation Africa Research Summit MARS 2025 Award Ceremony video here: https://www.youtube.com/live/RtIiZp-amrM Apply for MARS Awards 2026: https://merck-foundation.com/Merck-Foundation-Africa-Research-Summit-Application-Form Merck Foundation strongly believes that Education is one of the most critical areas of women empowerment and serves as the base and key factor in driving an impactful change. “As a part of our Educating Linda program, together with my dear sisters, the First Ladies of Africa, we have year to date provided more than 1200 annual scholarships to deserving yet underprivileged African schoolgirls from 19 countries, enabling them to complete their education and reach their full potential,” shared Dr. Kelej. Moreover, Merck Foundation is raising awareness about the importance of supporting girls’ education through a range of creative initiatives, including inspiring children’s storybooks, animation films, awareness songs, and dedicated episodes on this theme through their Our Africa by Merck Foundation TV program. Watch episodes of Our Africa, focusing on Supporting Girl Education: Episode 2: https://www.youtube.com/watch?v=g5wpzOr22l0 Episode 11: https://www.youtube.com/watch?v=jGz6yNSik7g Episode 14: https://www.youtube.com/watch?v=QjwRnP-Zi60&feature=youtu.be Read Educating Linda Storybook here: https://merck-foundation.com/flipbook-proxy/digital_library/1623068469_6affa28d861b48da41cf.pdf# Watch Merck Foundation Animation Films on supporting girl education: • Jackeline’s Rescue: https://youtu.be/It1D-XEUjeY • Ride Into the Future: https://youtu.be/Piz_6Ob68mI Listen to Merck Foundation songs to support women empowerment and girl education: 1. Watch, share & subscribe “Girls Can” song here, sung by Cwesi Oteng from Ghana and Irene Logan from Liberia: https://youtu.be/6LP92vAWYgs 2. Watch, share & subscribe the “Like Them” song here, sung by Kenneth, a famous singer from Uganda: https://www.youtube.com/watch?v=jCo52vtz3Q0 3. Watch, share & subscribe “Take me to School” song here, sung by Wezi, Afro-soul singer from Zambia, to support girls’ education: https://www.youtube.com/watch?v=rWcujLMbKSg 4. Watch share & subscribe “Tu Podes Sim” Portuguese song, which means “Yes, You Can” in English by Blaze and Tamyris Moiane, singers from Mozambique, in English here: https://youtu.be/BGWR2S-mxl4 5. Watch, share & subscribe “ABC, 123” by Sean K from Namibia song here: https://youtu.be/4Z2i4Wh-bpk 6. Watch, share & subscribe “Brighter day” song by Sean K and Cwesi Oteng from Namibia and Ghana respectively: https://www.youtube.com/watch?v=I3_C4uyFuZk 7. Watch and share “Superwoman Song” by singers Cwezi and Adina from Ghana here: https://www.youtube.com/watch?v=NQ6ZprqAAJs Click the link below to Download Merck Foundation App https://www.merck-foundation.com/MF_StoreRedirection Join the conversation on our social media platforms below and let your voice be heard Facebook: Merck Foundation X: @MerckFoundation YouTube: MerckFoundation Instagram: Merck Foundation Threads: Merck Foundation Flickr: Merck Foundation Website: www.merckfoundation.com About Merck Foundation The Merck Foundation, established in 2017, is the philanthropic arm of Merck KGaA Germany, aims to improve the health and wellbeing of people and advance their lives through science and technology. Our efforts are primarily focused on improving access to quality & equitable healthcare solutions in underserved communities, building healthcare & scientific research capacity, empowering girls in education, and empowering people in STEM (Science, Technology, Engineering, and Mathematics) with a special focus on women and youth. All Merck Foundation press releases are distributed by e-mail at the same time they become available on the Merck Foundation Website. Please visit www.merck-foundation.com to read more. Follow the social media of Merck Foundation: Facebook, X, Instagram, YouTube, Threads, and Flickr. The Merck Foundation is dedicated to improving social and health outcomes for communities in need. While it collaborates with various partners, including governments, to achieve its humanitarian goals, the foundation remains strictly neutral in political matters. It does not engage in or support any political activities, elections, or regimes, focusing solely on its mission to elevate humanity and enhance well-being while maintaining a strict non-political stance in all of its endeavors. To View The Image, Click On The Link Below: Merck Foundation CEO marks International Day of Girls and Women in Science 2026 (Disclaimer: The above press release comes to you under an arrangement with Business Wire India and PTI takes no editorial responsibility for the same.). PTI

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