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    ED can't add old FIR to Enforcement Case Information Report to sustain PMLA proceedings: Delhi HC
    Rupee settles on flat note, 3 paise higher at 95.71 against US dollar
    VinFast India Partners with Federal Bank to Strengthen Dealer Financing Ecosystem
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    BJP demands Vijayan’s resignation from Keralam LoP post over ED findings in CMRL case
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August 21, 2026
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Predicate-offence dependency limits retrospective addition of old FIRs to preserve money-laundering proceedings after the original scheduled offence is closed.
Predicate-offence dependency under the Prevention of Money Laundering Act requires an ECIR to rest on a subsisting scheduled offence. Closure of the FIR forming its basis through an accepted cancellation report prevents continuation of money-laundering proceedings unless that closure is overturned. A previously registered FIR cannot be belatedly added merely to preserve an existing ECIR and coercive powers. Where statutory requirements are met, an independently registered ECIR may be required. Expansion of an ECIR cannot rest solely on tenuous factual links between successive disputes.
August 21, 2026
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Indian rupee export invoicing rules now permit overseas contracts and invoices in rupees or foreign currency for eligible destinations.
Foreign Trade Policy provisions were amended to facilitate invoicing of overseas exports and receipt of export 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, replacing the earlier general requirement that export earnings be received in a freely convertible currency. The applicable requirements vary according to the destination country.
August 21, 2026
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Dealer inventory financing supports working-capital flexibility, vehicle inventory management and electric-vehicle network expansion for authorised dealers.
Dealer inventory financing is to be provided by Federal Bank to VinFast India's authorised dealer network under a memorandum of understanding. The tailored financing is intended to improve dealers' working-capital flexibility, support maintenance of vehicle inventory, strengthen operational capability, and enable timely response to demand as the electric-vehicle distribution network expands.
August 21, 2026
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Sugar supply pressures drive festive-season price increases as imports, stockholding limits and ethanol diversion shape market conditions.
Sugar prices in Bengal have risen sharply ahead of the festive season, with higher prices also affecting jaggery and other sugar-derived products. Supply constraints, mill stock releases, lower production in Brazil, ethanol diversion and possible hoarding have been identified as contributing factors. Raw-sugar imports have been permitted to augment availability, while stockholding restrictions limit inventories of specified bulk consumers. Lower projected closing stocks and possible future production effects from El Nino may sustain pressure on sugar availability and increase costs for sweetmeat producers.
August 21, 2026
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Foreign currency inflows and FCNR(B) deposits supported rupee sentiment, while oil prices and geopolitical risks constrained currency strength.
The rupee strengthened marginally against the US dollar as the dollar index softened, but elevated crude oil prices, geopolitical uncertainty, reduced foreign participation and net foreign equity outflows constrained currency sentiment. RBI measures to attract foreign currency inflows, including FCNR(B) deposits, were expected to generate substantial inflows, although these had not produced meaningful rupee strength. Energy-market disruption and restrictions on fuel exports through the Strait of Hormuz added to external-sector pressures.
August 21, 2026
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Sovereign security production priorities emphasise compliance, modernisation, employee innovation and operational excellence across currency, passport and coinage manufacturing.
SPMCIL performs a sovereign production mandate covering secure currency, coinage, passports and other products of national importance through its mints, currency presses, security presses and paper mill. Modernisation, compliance, transparency, efficiency, productivity, quality and corporate governance support the fulfilment of sovereign requirements. Individual employees and units were recognised for performance in productivity, environment and safety, energy conservation, knowledge and development, vigilance, and official-language implementation.
August 20, 2026
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Customs enforcement against suspected gold smuggling leads to baggage seizure and apprehension of the alleged intended receiver.
Customs officers intercepted an arriving passenger at the green channel on intelligence inputs and examined baggage after X-ray screening indicated suspicious images. The examination recovered two oval capsules containing gold paste concealed in the baggage. Interrogation indicated that an alleged receiver was waiting outside the airport to collect the suspected smuggled gold. Customs officers apprehended the alleged receiver, and further investigation remains underway.
August 20, 2026
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Provincial alcohol sales restrictions remain subject to economic impact assessment under proposed bilateral trade agreement negotiations.
Provincial control over alcohol distribution remains distinct from federal trade-making authority. Quebec retains authority over whether United States alcohol is offered through its government-controlled liquor distribution system, despite lacking a veto over a bilateral trade agreement. Federal requests to restore United States alcohol to retail shelves cannot compel provincial action. Proposed trade commitments also concern restrictions on United States agricultural products and Canada's dairy import regime, which applies lower tariffs within designated import volumes and higher duties beyond those volumes.
August 20, 2026
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Electoral-roll verification found no reported cases of specified foreign nationals receiving identity-linked benefits or voter registration.
Electoral-roll special intensive revision recorded no reported cases of Pakistani, Bangladeshi or Iranian nationals obtaining Aadhaar cards, ration cards, other government benefits, or voter registration. Illegal immigrants are identified through police monitoring, intelligence measures, specialised operations and a Special Task Force. Overstayers are recorded through the District Police Module and Foreigners Identification Portal and produced before Foreigners Regional Registration Officer authorities. Persons found to be residing illegally are reported to the concerned central divisions, proceeded against through registered cases, retained pending case disposal and exit permits, and subjected to deportation steps.
August 20, 2026
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Raw sugar tariff-rate quota permits duty-free imports while bulk consumers face consumption-based sugar stockholding limits.
Raw sugar imports are permitted duty-free under a tariff rate quota until 31 October 2026, with online allocation to eligible millers and refiners having functional refining capacity. Applicants must provide a refining-capacity declaration and supporting Consent to Operate; preference applies to importers undertaking timely completion of imports, while non-utilisation or failure to surrender allocations constitutes non-compliance. Bulk sugar consumers meeting the prescribed consumption threshold are subject to a stock cap of 15 days' consumption from 1 September to 30 November 2026.
August 20, 2026
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Duty-free raw sugar imports under tariff rate quota seek to improve domestic supply and contain rising sugar prices.
Duty-free import of 10 lakh metric tonnes of raw sugar is permitted under a tariff rate quota until 31 October 2026. The import-policy measure seeks to increase domestic raw-sugar availability and restrain rising local prices amid reduced opening stocks. Price-containment measures also include a stockholding limit for bulk consumers using more than 10 tonnes of sugar monthly, restricting holdings to 15 days' consumption.
August 20, 2026
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Reservation policy implementation is strengthened through capacity building, uniform institutional practices, welfare measures, and improved financial accessibility for Divyangjans.
Reservation policy implementation across Public Sector Banks, Public Sector Insurance Companies, sectoral regulators and Public Financial Institutions is being strengthened through a capacity-building workshop. The programme seeks uniform and effective application of Government reservation policies and related welfare measures. Senior human-resource functionaries and Chief Liaison Officers considered practical implementation issues, actionable measures for consistency, and operational concerns. It also focuses on improving accessibility of financial services for Divyangjans.
August 20, 2026
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Startup ecosystem support expands through digital infrastructure, mentorship, market linkages and specialised assistance for energy and climate-tech innovation.
DPIIT's collaborations with PhonePe and Shell India create support mechanisms for DPIIT-recognised startups through technology access, digital infrastructure, mentorship, market opportunities and industry networks. PhonePe will provide transaction credits, access to the Indus AppStore, onboarding support, brand visibility, and training on fintech, sales, go-to-market strategy and business scaling. Shell India will assist energy and climate-tech startups through mentorship, strategic guidance, investor and incubator connections, participation opportunities, and knowledge-sharing materials on innovation and best practices.
August 20, 2026
Show AI Summary
India-Singapore economic cooperation advances through trade, investment, technology and business linkages, including agriculture, fintech and sustainable infrastructure collaboration.
India-Singapore economic cooperation was advanced through ministerial, business and government-to-business engagements focused on deepening bilateral trade, investment, technology and commercial linkages. Discussions addressed agri-exports, GCC-based commercial parks, fintech and sustainable infrastructure, alongside expanding agricultural market linkages. The engagements reinforced commitment to strengthening trade, investment, technology and business-to-business cooperation.
August 20, 2026
Show AI Summary
Responsible AI banking requires human oversight, explainable customer decisions, fair conduct, resilient systems and inclusive credit access.
Responsible AI in banking must promote inclusion, resilience and customer trust while preserving human judgement, governance accountability and clear responsibility. AI and alternative data may widen access to credit where data is obtained with consent, tested for reliability and bias, and used prudently. Banks must maintain capacity to challenge models, oversee providers, test systems under adverse conditions and intervene when automation fails. Material customer decisions must be explainable, clearly communicated and subject to review by an authorised person. Fair conduct, meaningful disclosure, impartial complaint review and transparent communication remain essential throughout the customer relationship.
August 20, 2026
Show AI Summary
Multi-Currency EEFC settlements let exporters retain foreign earnings and choose conversion timing for overseas payment obligations.
Multi-Currency EEFC Account settlements enable exporters and international businesses to receive payment settlements directly into Exchange Earners' Foreign Currency accounts in the original transaction currency without immediate conversion into Indian rupees. Retention of foreign currency earnings permits businesses to choose when conversion is required, reducing repeated foreign-exchange conversion cycles and supporting management of foreign-currency cash flows and overseas obligations.
August 20, 2026
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Power semiconductor foundry expansion targets Indian fabless customers through technology showcasing, process development, and collaboration in the growing semiconductor market.
DB HiTek seeks to expand foundry business with Indian fabless semiconductor companies by showcasing power semiconductor and specialised process technologies. Its commercial focus includes BCD processes for automotive and industrial applications, together with silicon-carbide and gallium-nitride process development and planned volume production. Product-performance evaluations are underway with strategic customers. Customer expansion also covers X-ray, global-shutter, single-photon avalanche diode, specialty CIS, and mixed-signal/RF processes, supported by collaboration with local fabless firms.
August 20, 2026
Show AI Summary
Money-laundering allegations over payments without services raise concerns about overseas transfers, identity-linked communications, and mineral smuggling.
Money-laundering allegations concern claimed payments by Cochin Minerals and Rutile Ltd. to Exalogic Solutions Pvt. Ltd., a company promoted by Veena T., without corresponding services. Searches reportedly yielded handwritten material referring to fund transfers to Dubai and digital material relating to a SIM card obtained in another person's name. Further allegations included overseas fund movement, hawala transfers, and possible thorium or monazite smuggling, all presented as allegations requiring examination.
August 20, 2026
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Exchange stabilisation support aims to strengthen foreign-exchange resilience, reduce rollover dependence and restore access to longer-term market financing.
Pakistan has sought a proposed Exchange Stabilisation Support Facility to reinforce foreign-exchange stability and signal currency resilience to international capital markets. The strategy seeks to reduce reliance on short-term bilateral loans, deposits and rollovers by moving towards market-based financing with longer repayment periods. Improving sovereign creditworthiness through engagement with credit-rating agencies is intended to facilitate international market access, lower borrowing costs and enable longer-maturity debt raising.
August 20, 2026
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Elephant ivory trade prohibition supports enforcement against wildlife trafficking, seizure of carved ivory articles, and further investigation.
Illicit trade in elephant ivory and articles manufactured from it is prohibited under the Wildlife (Protection) Act, 1972, supporting India's CITES obligations. Enforcement action against a wildlife-trafficking syndicate resulted in the interception of four persons and seizure of 54 carved ivory artefacts. The seized articles and apprehended persons were transferred to the State Forest Department for further investigation. The action forms part of continuing measures against unlawful trade in wildlife derivatives and biodiversity threats.

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Samsung Galaxy F70e – Redefining Everyday Performance

February 12, 2026

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Pune, February 9, 2026: Samsung, one of the leading global smartphone brands, recently launched the first smartphone of its all-new Galaxy F70 series, the Samsung Galaxy F70e 5G. Designed to cater to the ever-evolving needs of the young Gen Z users, the Galaxy F70e 5G brings a cutting-edge imaging system, a premium leather-pattern finish, and a vibrant display to the budget segment.

While the Samsung F70e’s price makes it an affordable device, you can make the purchase even more convenient. By shopping for the Galaxy F70e 5G on Easy EMIs from Bajaj Finserv, you can enjoy quick approvals, customised payment terms, and zero down payment options on select models. This way, you won’t have to make a large lump sum payment; you can own the new smartphone and pay for it in bite-sized instalments! Samsung Galaxy F70e 5G - An affordable powerhouse The Samsung Galaxy F70e 5G houses a large 6,000 mAh battery and runs on the mid-range MediaTek Dimensity 6300 chipset, ensuring long-lasting, powerful performance. This device has also been built to withstand everyday spills, splashes, and light rains, as indicated by its IP54 rating. The Galaxy F70e 5G sets a new benchmark for value-for-money mobiles in the country, offering premium features at an affordable price.

Key specifications: • Display: 6.7-inch HD+ LCD display, 120 Hz refresh rate • Processor: MediaTek Dimensity 6300 octa-core • RAM: 4GB/6GB LPDDR4X • Storage: 128GB, expandable up to 2TB • Rear Camera: 50MP main + 2MP depth • Front Camera: 8MP • Battery: 6,000 mAh with 25W Fast Charging • OS: Android 16 • Build: IP54 (dust and splash resistance) • Colours: Limelight Green, Spotlight Blue Sharp portraits - Best-in-segment imaging system The Galaxy F70e 5G offers best-in-class cameras, including a high-res 50MP main sensor that captures incredible landscapes, sunsets, and candid moments with vibrant colours and rich detail. The main lens, along with the depth camera, delivers stunning portrait images by gently blurring the background while keeping the subject in focus. Using Night Mode, you can click brighter and highly detailed shots even in dimly-lit environments.

Camera features: • Rear video: 1080p @ 30fps • Shooting modes: Hyperlapse, Night, Panorama, Photo, Portrait, Pro, Slow Motion Ultra-smooth visuals - Display that impresses The Samsung Galaxy F70e 5G sports an impressive 6.7-inch HD+ display with a 120 Hz refresh rate, offering visual clarity and ultra-smooth scrolling. Its High Brightness Mode makes it easier to view the phone’s contents when you are outdoors, ensuring clear, vivid visuals.

Display highlights: • 720 x 1600 pixel resolution (HD+) • 260 PPI pixel density with 16M colours • 120 Hz refresh rate Premium performance - Multitasking made easy The Galaxy F70e 5G runs on the MediaTek Dimensity 6300 octa-core processor, which guarantees smooth multitasking and lag-free performance. From juggling multiple apps to running demanding tasks, the smartphone handles every situation effortlessly.

Performance highlights: • Octa-core processor clocking up to 2.4 GHz • ARM Mali G57 GPU for enhanced overall visual experience • Android 16 OS for optimised user experience Durable battery - Power that lasts Under the rear panel, the device houses a large 6,000 mAh battery that powers the smartphone for two days on a single charge. The 25W Fast Charging support ensures quick refills, while Samsung’s latest One UI 8 optimisation ensures efficient power usage over time.

Battery features: • 6,000 mAh Li-ion battery • 25W Fast Charging support Stunning design - A mobile that looks and feels premium Blending modern aesthetics with everyday practicality, the Galaxy F70e 5G sports an elegant leather finish on the back. Its sleek profile offers a comfortable grip, while its IP54 rating makes it a practical choice for daily commutes and outdoor use.

Design highlights: • Slim 8.2mm profile • Limelight Green and Spotlight Blue colour options • Premium leather pattern finish at the back Samsung Galaxy F70e 5G - Pricing and variants The Galaxy F70e 5G offers excellent value for money, providing premium features in the budget segment. The Samsung F70e’s price also makes it easily accessible, and the smartphone comes in two RAM options: • 4GB RAM + 128GB ROM - Rs. 11,999* (introductory price) • 6GB RAM + 128GB ROM - Rs. 12,999* * Disclaimer: Prices and specifications are based on available sources and may vary by region or retailer. For the latest price and offers, please visit a Bajaj Finserv partner store.

Upcoming launches by Samsung While the Samsung F70e’s price makes it an irresistible option in the budget segment, the company is preparing to launch a few other models across the board. Some of these include: 1. Samsung Galaxy Z TriFold In December, Samsung officially announced the launch of its futuristic device, the Samsung Galaxy Z TriFold, ushering in a new era of smartphone design. When unfolded, you are treated to a massive 10-inch display that redefines smartphone innovation. It also sports a revolutionary 200MP camera and runs on the flagship Snapdragon 8 Elite Mobile Platform for Galaxy. The device is expected to be made available in the Indian market in mid-to-late 2026.

2. Samsung Galaxy S26 series Another eagerly awaited launch is in the works, as Samsung is gearing up to unveil the Samsung Galaxy S26 series on February 25, 2026. The Galaxy S26 series will include the base variant, the Galaxy S26, along with the Galaxy S26 Plus (mid-tier) and the top-spec Galaxy S26 Ultra. According to rumours, the company has made several design changes to the Galaxy S26 series models, including a unified camera module and a thinner profile. Besides the design, these phones are expected to bring advancements in camera technology and performance capabilities.

Easy EMIs make premium phones affordable and accessible Whether you wish to buy the pocket-friendly Galaxy F70e 5G or a new flagship from the company, you can now make your choice without worrying about the price tag. With Bajaj Finserv Easy EMIs, you can split the cost into affordable EMIs, with flexible tenures ranging from 3 to 60 months. You can also visit any of the 1.5 lakh+ Bajaj Finserv partner stores spread across the country to shop for a new phone! Why you should purchase the Galaxy F70e 5G from a Bajaj Finserv partner store The Samsung F70e’s price makes it a strong contender in the budget segment. Whether you wish to purchase this value-driven smartphone or any other top-tier flagship, buying it from a Bajaj Finserv partner store gives you a wide range of benefits: • Easy EMIs: You can split the bill into affordable monthly instalments.

• Zero down payment: Select models do not require any upfront payment.

• Maha Bachat Savings Calculator: You can combine brand, dealer, and EMI offers to see total savings instantly.

• Flexible tenures: You can choose a tenure based on your convenience and financial capacity.

• Quick approval: Get instant loan approval with minimal paperwork.

Bajaj Finance Limited Bajaj Finance Ltd. (‘BFL’, ‘Bajaj Finance’, or ‘the Company’), a subsidiary of Bajaj Finserv Ltd., is a deposit taking Non-Banking Financial Company (NBFC-D) registered with the Reserve Bank of India (RBI) and is classified as an NBFC-Investment and Credit Company (NBFC-ICC). BFL is engaged in the business of lending and acceptance of deposits. It has a diversified lending portfolio across retail, SMEs, and commercial customers with significant presence in both urban and rural India. It accepts public and corporate deposits and offers a variety of financial services products to its customers. BFL, a thirty-five-year-old enterprise, has now become a leading player in the NBFC sector in India and on a consolidated basis, it has a franchise of 69.14 million customers. BFL has the highest domestic credit rating of AAA/Stable for long-term borrowing, A1+ for short-term borrowing, and CRISIL AAA/Stable & [ICRA]AAA(Stable) for its FD program. It has a long-term issuer credit rating of BB+/Positive and a short-term rating of B by S&P Global ratings.

To know more, visit www.bajajfinserv.in.  (Disclaimer: The above press release comes to you under an arrangement with NRDPL and PTI takes no editorial responsibility for the same.). PTI

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