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    J-K parties oppose hike in power tarrif
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    J-K Dy CM terms ED case against his brother 'selective targeting'
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August 22, 2026
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Power tariff revision faces political opposition over increased consumer electricity costs and conflict with prior free-electricity commitments.
Power tariff regulation in Jammu and Kashmir and Ladakh has been revised through approval of an average tariff increase, effective from 1 September 2026. Political representatives have opposed the increase on the ground that it adds to consumer hardship amid unemployment, inflation, and sectoral difficulties. The criticism also contrasts the revised tariff with prior commitments concerning free domestic electricity and gas.
August 22, 2026
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Recruitment examination integrity prompted enforcement scrutiny and proposed disciplinary inquiry, while an officer's absence was attributed to family emergency.
Reported absence of an IAS officer was attributed to a family medical emergency and a pending leave request, rather than enforcement searches concerning an alleged recruitment-examination scam. The officer denied any connection with those searches and expressed willingness to face an inquiry. Enforcement searches at the Karnataka Public Service Commission concerned a money-laundering investigation into alleged recruitment irregularities. The State Cabinet decided to advise suspension of the commission chairperson and initiation of an inquiry after an earlier suspension was set aside for lacking the Cabinet's aid and advice.
August 22, 2026
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Money-laundering and benami asset allegations prompt enforcement proceedings, while the accused officer's brother calls the action selective targeting.
Enforcement proceedings under the Prevention of Money Laundering Act concern allegations that suspended police officer Vijay Choudhary managed numerous assets through benami transactions and engaged in money laundering. An Anti-Corruption Bureau FIR had already been registered in relation to the allegations. Surinder Choudhary characterised the action as selective targeting but maintained that investigating agencies and the judiciary should address and decide matters concerning his family.
August 22, 2026
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Specialised dispute resolution requires technical expertise, timely proceedings, mediation support, and human oversight to safeguard natural justice.
Specialised, timely and effective dispute-resolution mechanisms are necessary for technically complex disputes in telecom, broadcasting, airport tariffs and cyber sectors. Technology may assist legal reasoning but cannot replace judicial reasoning, requiring verification, professional responsibility and meaningful human oversight. Effective specialised adjudication should combine domain expertise with judicial discipline, respond to technical complexity, and protect natural justice, transparency and reasoned decision-making. Mediation and other consensual mechanisms can support dispute resolution.
August 22, 2026
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Form 15CB certification faces scrutiny where inadequate verification allegedly enables foreign remittances through shell companies and false certificates.
Alleged misuse of Form 15CB certification has resulted in criminal proceedings concerning certificates issued for foreign remittances without verification of underlying documents. Form 15CB requires certification of applicable taxability and tax-deduction particulars for specified remittances to non-residents before processing by an authorised dealer. The allegations concern certificates that potentially enabled cross-border transfers through shell or non-existent companies, involving cheating, false certification, false evidence and common intention.
August 22, 2026
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Beginner stock market investing requires regulated accounts, risk-aware financial planning, diversification and informed company assessment before purchasing securities.
Beginner stock market investing requires a bank account, a trading or broking account with a SEBI-registered broker, and a Demat account for electronic holding of securities. Investments involve risk of loss and should align with financial goals, time horizon and loss-bearing capacity. Investors should understand primary and secondary markets, distinguish long-term investing from short-term trading, assess companies before purchase, diversify holdings, consider charges, maintain records and avoid borrowed-money investing, rumours and momentum-driven decisions.
August 22, 2026
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Capacity-based tobacco taxation targets undeclared packing machinery used for clandestine production and clearance without indirect tax payment.
Clandestine manufacture and clearance of pan masala, scented jarda and tobacco products without registration or payment of GST, HSNS Cess and central excise duty was detected through an intelligence-led search. Undeclared Form-Fill-Seal packing machines, workers, finished goods, raw materials, transport vehicles, packing materials and records indicated unaccounted production and clearance. Capacity-based monthly HSNS Cess for pan masala is computed according to the number, type and capacity of installed packing machines, while a corresponding capacity-based central excise levy applies to chewing tobacco, jarda and gutkha.
August 22, 2026
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Trade exhibition connects Korean exporters with Indian buyers through sector-specific consultations and certification guidance for market entry.
KoINDEX 2026 is a business-to-business trade exhibition bringing Korean manufacturers and exporters together with buyers in India and South Asia. It focuses on beauty and personal-care products, processed and functional foods, and construction, building and safety products. Commercial engagement includes pre-matched export consultations with project owners, contractors, distributors, wholesalers, e-commerce platforms and food distribution businesses. A seminar addresses Bureau of Indian Standards certification and market-entry requirements for Korean products entering the Indian market.
August 22, 2026
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Independent PMLA proceedings require separate anticipatory bail assessment; predicate-offence protection alone cannot establish pre-arrest protection.
Protection in a predicate-offence FIR does not automatically extend to independent PMLA proceedings. Anticipatory bail in a money-laundering investigation must be assessed under the applicable PMLA condition and on the material connecting the applicant to alleged proceeds of crime. Relevant considerations include the financial trail, recorded statements, bank-account analysis, compliance with summonses, cooperation with inquiry, and the need for personal participation in evidence collection and confrontation with documentary and digital material.
August 22, 2026
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Financial accessibility for Divyangjans requires compliance standards, practical implementation measures and stronger institutional capacity across financial services.
Accessibility of financial services for Divyangjans was examined through a workshop focused on public sector banks, insurance companies, regulators and public financial institutions. Discussions covered accessibility standards, compliance requirements, legal provisions, practical implementation challenges and institutional best practices under the Sugamya Bharat initiative. Participants considered operational measures to strengthen institutional capacity, inclusivity and equitable access to financial services.
August 22, 2026
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Audit quality enhancement for small and medium auditors emphasises technology, global standards, inspection insights and stronger financial reporting.
Audit quality and financial reporting reliability were the focus of NFRA's outreach programme for small and medium audit firms. The programme promoted professional capacity-building, alignment with contemporary global standards, adoption of appropriate audit technology, and the public-interest role of the accountancy profession. Technical sessions covered audit strategy documentation, risks of material misstatement, and practical lessons from audit-firm oversight to support improved day-to-day audit practice and high-quality financial reporting.
August 22, 2026
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Cartelisation by agro-input dealer associations attracted monetary sanctions, cease-and-desist directions, and mandatory competition-compliance training for responsible officials.
Cartelisation by the two agro-input dealer associations and named individuals contravened Section 3(3)(b) read with Section 3(1) of the Competition Act, 2002. Monetary sanctions were imposed, and association office-bearers were held liable under Section 48. The parties and liable officials were directed to cease and desist from future anti-competitive conduct and to organise competition-compliance training to promote awareness and compliance within the associations.
August 22, 2026
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Circular economy partnerships promote resilient value chains, resource efficiency and sustainable growth alongside evolving India-EU trade integration.
India-Finland circular economy cooperation is being developed through business, technology, investment and commercial partnerships supporting resource-efficient and sustainable growth. Discussions focused on competitive and resilient value chains based on circularity, traceability, resource efficiency and sustainable business practices. Circular economy principles extend beyond waste management into product design, value chains, resource use, skills development and new business models. The India-EU free trade agreement remains subject to legal review and formal ratification and is not yet in force.
August 22, 2026
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Bid rigging through pre-bid exchange of sensitive price information attracted penalties and cease-and-desist directions in tyre procurement.
Bid rigging in tyre procurement was established where Rekha Agencies and SS Marketing exchanged commercially sensitive price-bid information before submitting bids for the Himachal Pradesh Tender 2013. The concerted conduct contravened the prohibition on anti-competitive agreements and bid rigging. Monetary penalties and cease-and-desist directions were imposed on both enterprises. An official of Rekha Agencies was also penalised for liability arising from the contravention, while proceedings against the official of SS Marketing stood abated following his death.
August 22, 2026
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Import tariffs on Canadian products trigger potential retaliatory levies after bilateral negotiations fail to reach agreement.
Import tariffs on Canadian products are set to be imposed by the United States at a 50% rate after bilateral negotiations did not produce an agreement. The measures cover products including hockey sticks and tongue depressors and affect a limited share of Canada's annual exports to the United States. Canada has indicated possible retaliatory levies, intensifying the bilateral trade dispute.
August 21, 2026
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Rupee exchange-rate movement reflected geopolitical tensions, crude oil conditions and market intervention, while export payment rules expanded rupee invoicing.
Foreign Trade Policy amendments facilitate export invoicing and receipt of payments in Indian rupees. For exports to countries outside the Asian Clearing Union, export contracts and invoices may be denominated in Indian rupees or any foreign currency. The earlier general requirement that export earnings be received in a freely convertible currency is thereby eased, while applicable rules continue to vary according to destination.
August 21, 2026
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Non-controlling land-bordering country ownership permits eligible foreign investment through the automatic route, subject to sectoral conditions and reporting.
Foreign direct investment may use the automatic route where non-controlling beneficial ownership from a land-bordering country in the investor entity does not exceed 10%, subject to sectoral caps, entry routes and other applicable conditions. The beneficial ownership test applies at the investor-entity level. Eligible investors need not obtain separate prior Government approval after reporting relevant information to the Government. The framework replaces the earlier approval requirement applicable even to minimal beneficial ownership from land-bordering countries.
August 21, 2026
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Climate-resilient urban water security modernises Chennai's supply and sanitation systems through ring-main infrastructure, digital monitoring, and safer sewer operations.
Chennai Climate-Resilient Water Security and Sewerage Project modernises and expands water supply and sanitation infrastructure through a loan arrangement between the Government of India and the Asian Development Bank. Measures include new pipelines, upgraded pumping stations, performance-based utility operations, and a comprehensive ring-main system to improve water-pressure balance, distribution efficiency, reliability and climate resilience. Digital monitoring and advanced blockage-detection technology are intended to improve operational decisions, customer responsiveness and worker safety while eliminating hazardous manual sewer inspections.
August 21, 2026
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Capacity-based taxation targets undeclared pouch-packing machinery used for clandestine pan masala and tobacco production and untaxed clearances.
Capacity-based taxation of pan masala and specified tobacco products is determined by the number, type and capacity of installed pouch-packing machines. Searches at interconnected manufacturing and trading premises detected unregistered operations using undeclared machinery for clandestine manufacture and clearance of pan masala, scented jarda and gutkha without payment of GST, HSNS cess and central excise duty. Finished goods, raw materials, packing materials and machinery were seized. The manufacturing firm's proprietor was prima facie identified as managing the operation and was arrested under the applicable cess and central excise laws.
August 21, 2026
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Technology risk oversight requires Urban Co-operative Banks to retain accountability while building shared and role-specific capabilities.
Urban Co-operative Banks must strengthen digital and risk-management capabilities as technology dependence exposes them to cyber threats, fraud, service-provider failures and common-platform vulnerabilities. Outsourcing critical systems does not transfer the bank's responsibility for oversight, safeguards and continuity. Boards and senior management must retain sufficient knowledge to supervise external providers effectively. Mission SAKSHAM supports role-specific, continuous capability building through physical and online learning, while collective infrastructure and shared expertise can supplement individual institutional capacity.

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Kiteskraft unveils their latest publication, The Power List to announce the mentors and change-makers that are shaping progress in India

February 12, 2026

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CHANDIGARH, India, Feb. 12, 2026 /PRNewswire/ -- Kiteskraft Productions LLP proudly presents The Power List: Minds and Missions Redefining Success Beyond conventional roles, they stand as mentors and change-makers, inspiring ethical leadership, creativity, and social responsibility. Through visionary impact and community engagement, they shape progress and leave a lasting legacy for future generations. Dr. Zareena Sultana : Dr. Zareena Sultana is a distinguished academic leader known for anchoring educational progress in human values amid rapid technological change. With over three decades of experience, she blends humanistic scholarship, ethical governance, and future-ready vision in higher education. She currently serves as Professor and Dean, Students' Welfare at ISL Engineering College, Hyderabad, where she has built inclusive, student-centric ecosystems extending beyond academics to well-being, leadership, employability, and social responsibility. A PhD in English and post-doctoral researcher in multilingualism, she strongly advocates integrating language, ethics, and culture into professional education. Trained in AI leadership through IIM Bangalore, she champions ethical, human-centred use of technology. Beyond campus, she serves as Telangana State Secretary of NHRCI and National Member of WHRPC, contributing to rights-based education and justice. An IIT Bombay NEC mentor, published scholar, poet, and award-winning educator, Prof. Dr. Sultana exemplifies compassionate leadership shaping future-ready, values-driven global citizens worldwide today. Dr. Kavita Khullar : Dr. Kavita Khullar is a leader whose journey reflects resilience, purpose, and the quiet strength of flowing water—ever moving, ever evolving. Guided by the belief that anything worth doing must be done with full commitment, she has built her success on positivity, discipline, punctuality, devotion, and unwavering faith in the Almighty. Inspired by Mahatma Gandhi's words, "Live as if you were to die tomorrow, learn as if you were to live forever," she approaches each day with passion, purpose, and gratitude. As a leader, Dr. Khullar emphasizes excellence in small details, thoughtful planning, and collaborative teamwork. Known for her calm, balanced decision-making, she avoids haste and negativity, choosing clarity, empathy, and constructive solutions. A lifelong learner, humanitarian, nature lover, and mentor, she continues to grow through constant learning, professional development, and self-reflection. Her journey demonstrates that true leadership is not about authority, but consistency, compassion, courage, purpose, and impact. Dr. A.V. Srinivasan: Dr. A.V. Srinivasan's extraordinary journey in Indian neurology reflects a lifetime devoted to healing, education, and compassion. A distinguished neurologist from Chennai, he has spent over five decades advancing neurological science through clinical excellence, research, and selfless service. His work has not only strengthened neurological practice in India but also brought hope and dignity to countless patients through humane, ethical care. In April 2024, he created history as the first Indian to receive the prestigious General Neurology Award from the American Academy of Neurology, recognizing his global impact on neuroscience and medical education. The same year, he was honored with the Lifetime Achievement Award by Scientific Laurel, presented by eminent personalities including Virender Sehwag and Saina Nehwal, celebrating his enduring leadership and service. Beyond professional recognition, Dr. Srinivasan's commitment to society remains exceptional. For more than 600 consecutive weeks, he has provided free consultations, medicines, and food to tens of thousands of underserved patients. His influence continues to guide leaders. Joydeep Mukherjee: Joydeep Mukherjee is among India's most visionary classical instrumentalists, seamlessly blending ancient tradition with bold innovation. A rare master of seven classical instruments—Sarod, Mohanveena, Sursingar, Tanseni Rabab, Sur-Rabab, Dilbahar, and Nabadeepa—he belongs to the revered Senia Shahjehanpur Gharana and is the only artiste preserving the complete legacy of Pt. Radhika Mohan Maitra across all seven instruments. Honoured with the Sangeet Natak Akademi's Ustad Bismillah Khan Yuva Puraskar, he gained nationwide recognition when Prime Minister Narendra Modi acknowledged his revival of rare instruments on Mann Ki Baat in 2023. His performances span the G20 Leaders' Summit, major national and international festivals, and India's 75th Republic Day celebrations. In 2025, he reached a historic milestone by patenting four classical instruments and designing a four-octave Sarod, expanding tonal depth and expression. A Ministry of Culture Fellow and ICCR-empanelled artiste, he continues to preserve, innovate, and globalise India's classical music heritage worldwide. Dr. Mishil Sandeep Parikh: Dr. Mishil Parikh is a Consultant in the Department of Surgical Oncology at Sir H. N. Reliance Foundation Hospital. He graduated from Dr. D. Y. Patil Medical College, Navi Mumbai, and completed his M.S. and M.Ch. in Orthopaedics at the same institution, followed by advanced training in musculoskeletal oncology at Tata Memorial Hospital, Mumbai. Among India's youngest orthopaedic oncosurgeons, Dr. Parikh runs an exclusive musculoskeletal oncology practice. He has performed over 1,550 surgeries and managed more than 2,000 cases involving bone and soft tissue tumours. He currently serves as Chairperson of the Under-40 Sarcoma Surgeons group of the International Society of Limb Salvage and is an active member and Webmaster of the Bombay Orthopaedic Society. Dr. Parikh has authored over 25 scientific publications, serves on editorial boards of multiple journals, and is a founder-member of the Sarcoma Education Foundation, a non-profit dedicated to training young orthopaedic oncologists nationwide professionals. Sreeraj G. Pai: Sreeraj G. Pai is a committed financial professional known for expertise in inspection, compliance, and operational excellence within India's cooperative credit sector. He serves as Senior Inspection Officer at the Indian Cooperative Credit Society Limited, where he ensures branch operations meet regulatory, risk, and quality standards. His work spans audits, risk assessment, performance evaluation, and strengthening financial transparency, supporting institutional stability and public trust. Beyond his core role, Sreeraj actively contributes through research and thought leadership in capital markets, risk management, and regulatory developments. He holds professional memberships with the All India Management Association and the Kerala Management Association, reflecting dedication to continuous learning and industry engagement. Through an active LinkedIn presence, he promotes education, skill development, and emerging technologies shaping modern finance. With strong ethics, analytical discipline, and a growth-oriented mindset, Sreeraj represents a new generation of finance professionals focused on resilience, accountability, and sustainable progress, nationwide impact. Milli Arora: Milli Arora is a multifaceted spiritual practitioner whose work harmoniously blends intuition, healing, and artistic devotion. A gifted tarot reader, artist, naturopath, reiki healer, numerologist, and crystal healer, she is dedicated to guiding individuals toward emotional balance, spiritual clarity, and inner transformation. As Chairperson of Heart and Soul and Proprietor of Hari Bol, her journey is deeply rooted in faith, service, and compassion. A devoted soul, she creates sacred paintings of Hari, expressing her spiritual beliefs through art that radiates peace and devotion. Beyond personal practice, she actively serves as a companion and jury member for organizations such as Heart and Soul, Earth Saviours Foundation, and Gurukul Sainik Vihar, supporting social upliftment and spiritual growth. Her contributions have earned her several prestigious honors, including the Harmony Women Achievers Award, Kohinoor-e-Taj Achiever's Award, and Renowned Healer Award. Through healing, devotion, and service, Ms. Arora continues to inspire and uplift lives. Dr. B. Nandha Kumar: Dr. B. Nandha Kumar, born on June 25, 1972, in Athigaratty Village, Ooty, The Nilgiris, is a distinguished leader known for academic excellence, professional achievement, and deep commitment to community empowerment. Inspired by his father, J. Bheeman, a National Teacher's Awardee, he imbibed strong values of integrity, education, and perseverance early in life. He holds a B.Sc. in Computer Science, a B.Ed., an MBA in Marketing and Human Resources, and a Ph.D. in Management from Golden State University, USA. With over three decades of experience across banking, NBFCs, healthcare, and FMCG sectors, he served in senior roles at Muthoot Fincorp and HDFC Bank, earning multiple performance and leadership awards. Since 2022, as Director of the Janaasha Group, he has driven financial inclusion, innovation, and social responsibility, empowering communities through savings, literacy, and sustainable growth initiatives. His vision blends ethical leadership with strategic foresight and long-term societal impact, nationwide development. Babita Hundal: Babita Hundal is a renowned professional artist based in Mohali, Punjab, with roots in Ferozepur and over 44 years of artistic experience. Her professional journey began with her first solo exhibition in Chandigarh in 1987, followed by solo shows in New Delhi in 1992 and Panchkula. She also worked as a Textile Designer at L'affair, Greater Kailash, New Delhi. From 2008 to 2017, she served as an artist at an institution in Mohali. Since 2017, she has participated in numerous national and international group exhibitions, both online and offline. Her achievements include multiple awards, medals, and trophies, along with recognitions from Guinness World Records, Harvard World Records, and other global platforms. Notable works such as "Smooth Sail" and "Unveil the Desire" were celebrated as showstoppers. Her artworks are collected across India and internationally, reflecting the universal appeal and depth of her artistry. Supported by strong academic training. Gulnaz Parveen: "Real leadership is not about position; it is about persistence when no one is watching," says Gulnaz Parveen. Gulnaz Parveen's journey from school principal to founder and businesswoman reflects a modern leadership model rooted in purpose and perseverance. As a principal, she worked closely with students, teachers, and parents, gaining deep insight into everyday educational realities. While academic success mattered, she identified gaps in life skills, emotional intelligence, and leadership development for educators. These observations shaped her vision for systemic, long-term change. She founded AIM – All Inspirational Mentors, a professional training initiative that empowers principals and teachers through modern pedagogy, classroom leadership, and positive school culture. Expanding her impact, she developed curriculum content, school books, and reflective learning journals integrating discipline, ethics, and self-awareness. Her commitment to social responsibility led to the creation of Arsh Group Trust and Arsh Inspiration, supporting education, mentorship, and value-based learning through community and digital platforms. About Kiteskraft Productions LLP: Kiteskraft Productions LLP, founded in 2019, is a leading organizer of national and international conferences and award ceremonies across education, business, healthcare, NGOs, and entertainment. ISO and MSME certified, it recognizes excellence, fosters collaboration, and delivers impactful events. Recognized by the Scholar's Book of World Records. Photo: https://mma.prnewswire.com/media/2901950/Kiteskraft_The_Power_List.jpg' alt='Embedded Media' /> (Disclaimer: The above press release comes to you under an arrangement with PRNewswire and PTI takes no editorial responsibility for the same.). PTI

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