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    ED arrests Chhattisgarh Congress leader in liquor scam case
    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
    Rupee falls 8 paise to 95.38 against US dollar in early trade
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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
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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
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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
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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
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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
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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
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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
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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.
August 10, 2026
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Digital banking evidence gains recognition through a modernised framework for physical and electronic records, with privacy and security safeguards.
The Bankers' Books Evidence Bill, 2026, modernises the evidentiary framework for bankers' books by permitting banking records to be produced in physical or electronic form in legal proceedings. It recognises electronic, digital and virtual records and enables the Central Government to extend the regime to other regulated financial entities, supporting a uniform financial-sector evidentiary framework. The framework seeks secure and transparent use of banking records while safeguarding customer privacy, confidentiality and data security.
August 10, 2026
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Illicit opioid medicine exports exposed through concealed cargo, clandestine manufacturing, repacking, and attempted transnational trafficking to Nigeria.
Illicit manufacture and attempted export of controlled opioid medicines were detected in a network producing, concealing, storing and exporting Tramadol Hydrochloride tablets to Nigeria. A consignment declared as Pregabalin capsules contained concealed Tramadol Hydrochloride and Tapentadol tablets. Investigation identified clandestine manufacture, repacking and preparation for export, with searches yielding tablet-compression machinery and raw materials. Tramadol is a psychotropic substance under the Narcotic Drugs and Psychotropic Substances Act, while Tapentadol is regulated under the Drugs and Cosmetics Act and its rules.
August 10, 2026
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Summons compliance under anti-money-laundering law faces appellate scrutiny after acquittal over unproven email service allegations.
Delhi High Court required Arvind Kejriwal to reply to Enforcement Directorate petitions challenging his acquittal in proceedings concerning alleged non-compliance with summonses. The trial court found that the agency had not proved intentional disobedience, service of summons through email, or lawful issuance of electronic summons under the Prevention of Money Laundering Act. The appellate challenge concerns proof of service, validity of electronic summons, and intentional non-compliance.
August 10, 2026
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Pesticide residue concerns drive organic farming, school agriculture initiatives, infrastructure financing and climate-resilience support for farmers.
Food-safety concerns arising from pesticide residues and toxic substances are to be addressed through organic vegetable farming, household cultivation and the Kathir school-farming initiative. Kathir provides for institutional farming, teacher and committee support, markets, student training and clubs, with possible academic weightage for agricultural participation. Agricultural infrastructure financing supports post-harvest management, value addition, processing, packing, marketing and exports. Additional measures include banking support, agricultural technology adoption, women-farmer support and schemes addressing climate-related floods and drought.
August 10, 2026
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Digital EODC processing removes physical duty challans through authenticated payment verification for export authorisation closure.
Export Obligation Discharge Certificate processing under the Advance Authorisation and Export Promotion Capital Goods schemes no longer requires physical duty-payment challans for voluntary customs-duty payments made on or after 1 August 2026. Authenticated licence-wise payment information is electronically transmitted from Customs/ICEGATE to DGFT systems and mapped to the relevant authorisation. Exporters can verify payment details on the customer portal, while Regional Authorities use corresponding back-office records, replacing manual submission and verification for authorisation closure.
August 10, 2026
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Trusted service-call numbering requires verified utilities and logistics entities to use dedicated numbers exclusively for transactional and service communications.
The 1601-series is introduced for verified utilities, courier and logistics entities making service and transactional voice calls. Numbers must be allocated directly to eligible entities, not intermediaries or aggregators, following verification by telecom service providers and an undertaking of exclusive use. Promotional voice calls are prohibited on this series and remain associated with the 140-series. The framework separates these calls from the 1600-series reserved for regulated financial-sector and government-to-citizen communications, supporting consumer recognition of legitimate calls and reducing impersonation risks.
August 10, 2026
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GST revenue collection drives tax growth while data scrutiny, taxpayer verification, and compliance capacity remain key administrative priorities.
GST constituted the principal component of tax revenue for the 2025-26 fiscal year. Tax administration faces staff shortages, information-technology upgrade needs, and increased workloads from taxpayer registrations and return filings. Compliance oversight requires GST data scrutiny, risk assessment, identification of unregistered taxpayers, tax-evasion detection, and field verification of high-risk taxpayers. Long-term revenue planning sets progressively higher collection targets through 2063.
August 10, 2026
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Russian crude imports reshape India's refining trade as processed petroleum products reach sanctioning jurisdictions despite import restrictions.
Indian imports of Russian crude oil reached a second consecutive monthly record in July 2026, with Russian crude forming the dominant share of India's Russian fossil-fuel purchases and more than half of total crude imports. Higher receipts through smaller terminals offset reduced volumes at Paradip. Indian refineries processing Russian crude also exported refined petroleum products to sanctioning jurisdictions, including the European Union, Australia and the United States, despite the European Union prohibition on imports of oil products made from Russian crude.

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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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