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August 12, 2026
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Identity document forgery allegations prompt investigation into fraudulent Aadhaar updates and falsified government and educational certificates.
Alleged forgery and misuse of identity-related records are under investigation following operations at Aadhaar centres. Seized materials reportedly include forged birth, educational, residence, caste and citizenship certificates, records bearing forged signatures and seals, and equipment used for Aadhaar updates. Four persons were arrested in two operations for allegedly preparing forged records and using them to update Aadhaar cards. Cases have been registered under relevant provisions of the Bharatiya Nyay Sanhita, with investigation continuing into the extent of the alleged network.
August 12, 2026
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Holding-company governance succession follows leadership departure, requiring transition planning amid unresolved strategy, capital allocation, board representation and listing questions.
Tata Sons' leadership succession and governance framework have become central following the chairman's decision not to seek reappointment when his term ends in February 2027. The board has been asked to decide on a successor promptly. Unresolved matters include the strategic roadmap, losses and capital requirements in newer businesses, board representation, capital allocation, an exit route for the Shapoorji Pallonji Group, and the possible listing of Tata Sons. Future leadership must manage these issues while improving returns from investment-intensive businesses and maintaining established operations.
August 12, 2026
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Interest-rate regulation for loans and advances proposes harmonised fixed and floating loan-pricing principles across regulated entities.
Interest-rate regulation for loans and advances is proposed to be harmonised across all regulated entities through a principles-based framework for fixed-rate and floating-rate loans. The framework would be calibrated to each entity's nature, complexity and scale, while supporting monetary policy transmission, credit-risk-based pricing, and fair, non-discriminatory borrower treatment. It addresses divergent commercial-bank practices in determining the marginal cost of funds-based lending rate and its components, alongside limited regulatory coverage of fixed-rate loans. Separate final directions are intended for each category of regulated entity after consideration of feedback.
August 12, 2026
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Elevated crude oil prices and Tata leadership transition drove broad equity market selling amid inflation concerns.
Indian equity markets declined amid elevated crude oil prices, inflation concerns and broad risk-off selling. Tata Group shares, particularly TCS, came under pressure after N. Chandrasekaran announced that he would not seek reappointment as Tata Sons Chairman when his current term ends. Crude oil prices approaching the USD 90-per-barrel level affected investor confidence because of potential inflationary effects, while uncertainty over United States-Iran negotiations and Strait of Hormuz shipping disruptions added to global energy market concerns.
August 12, 2026
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Trade sovereignty and energy security underpin calls to resist tariff pressure and protect sensitive sectors in bilateral negotiations.
Trade sovereignty and energy security are advanced as grounds for resisting tariff pressure linked to Indian purchases of Russian crude. Bilateral trade negotiations should proceed through equality, reciprocity and mutual respect without compromising agriculture, dairy, energy security or strategic autonomy. Concerns are also raised over removal of e-commerce inventory restrictions for foreign direct investment and over proposed Merchant Discount Rate charges on UPI transactions. Withdrawal of the inventory measure and opposition to payment-provider charges are urged, alongside possible restrictions on United States technology and social-media companies and consumer boycotts of American goods and services.
August 12, 2026
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Fair trading practices and circular production are promoted to strengthen Make in India and expand global market participation.
Trade and industrial policy messaging encourages businesses to digitise operations, adopt good manufacturing practices, follow fair trading practices, and promote recycling, reuse and a circular economy. Nine free trade agreements are identified as creating preferential market-access opportunities for Indian industry and businesses. MSMEs, entrepreneurs, farmers, fishermen, workers and the services sector are encouraged to expand Indian products and services globally, improve competitiveness through scale, and strengthen the quality, design and brand value associated with Make in India.
August 12, 2026
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Private capital mobilisation requires credible long-term frameworks, risk-sharing mechanisms, and multilateral partnerships to strengthen infrastructure investment.
Private capital mobilisation in infrastructure and development finance depends on credible long-term frameworks, investor confidence, project bankability, and balanced risk allocation. Public capital is intended to catalyse rather than replace private investment. Key financing mechanisms include Viability Gap Funding, the Hybrid Annuity Model, credit enhancement, and Infrastructure Investment Trusts. Long-term investment visibility and coordinated connectivity are supported through the National Infrastructure Pipeline and PM Gati Shakti framework, alongside investment measures for freight, rail, waterways, and coastal cargo.
August 12, 2026
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Judicial allowance exemptions under the new tax regime remain disputed, with return processing and resulting demands kept in abeyance.
Tax treatment of specified judicial allowances under the new income-tax regime is disputed. Statutory service-condition provisions are asserted to exclude allowances, including official residence, conveyance, sumptuary allowance and leave travel concession, from income computation and to override the Income-tax Act. Pending consideration, affected judges may show these amounts as receipts not in the nature of income, and their returns are not to be processed further. Any resulting demand remains in abeyance, while refundable amounts are withheld subject to the pending proceedings.
August 12, 2026
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Corporate closure data highlights worker-claim treatment through insolvency adjudication and liquidation priority, while affected-worker information remains unmaintained.
Corporate closure data recorded 36,211 private companies in Maharashtra as liquidated, dissolved or struck off during the preceding five financial years. Central information is not maintained on workers affected by closures or special rehabilitation packages. In corporate insolvency resolution, employee and worker claims are adjudicated under orders of the adjudicating authority. In winding-up or liquidation, the liquidator deals with pending wages and other admissible statutory dues, subject to available funds and the statutory order of priority.
August 12, 2026
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Compressed biogas development converts organic waste into cleaner fuel, rural income and reduced dependence on imported fossil fuels.
CBG development is presented as a route for converting agricultural and organic waste into biomethane, bio-fertiliser and briquettes while reducing fossil-fuel imports, crop-residue burning and waste-management burdens. NexGen Energia's asset-light land-partner model uses landowner-provided sites while the company designs, installs and operates plants, including gas upgrading and offtake logistics. Anaerobic digestion and alternative gas-purification technologies support use of agricultural residue, food waste, manure and distillery effluent. Expansion is linked to the GOBARdhan National Circular Bioenergy Scheme, despite capital, feedstock-aggregation and commissioning constraints.
August 12, 2026
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Bilateral trade cooperation advances through investment focal points, services and health working groups, and planned preferential trade agreement negotiations.
India-Namibia economic cooperation is being progressed through agreed follow-up mechanisms focused on value addition, investment facilitation and sectoral collaboration. Investment focal points have been designated, and a Services Working Group is to prepare a work plan for the Joint Trade Committee. Priority areas include health and pharmaceuticals, critical-mineral processing, gems and jewellery, digital payments, FinTech, railways, renewable energy and green hydrogen. Terms of Reference for the India-SACU preferential trade agreement were finalised, with negotiations to begin after signature and conclude within one year.
August 12, 2026
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AI governance in banking requires explainability, board accountability, rigorous testing, vendor controls and meaningful human oversight for customer-facing decisions.
AI adoption in banking should be governed through a principles-based and proportionate framework that aligns innovation with financial stability, customer protection and accountability. Banks should maintain inventories of AI systems, adopt board-approved governance policies, ensure explainability for material lending and fraud decisions, conduct periodic red-teaming and stress testing, and preserve meaningful human oversight. Key risks include opacity, bias, vendor concentration, third-party dependence, data misuse, cyber vulnerability and loss of institutional accountability. Vendor arrangements require audit and explanation rights and credible exit plans.
August 11, 2026
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Land acquisition funding and regulatory approvals advance satellite-city development, tax relief, identity enrolment, employment verification, and jail reform.
Assam Cabinet approvals include first-phase funding for land acquisition and development of the Aerotropolis Satellite City Project and a lease deed for a hotel supporting the Jagiroad semiconductor ecosystem. Measures also provide Aadhaar enrolment relaxation for Moran and Matak communities, zero agricultural tax up to the prescribed net-income threshold, OBC Non-Creamy Layer certificates, and trainee and graduate-assistance funding. Government jobs will be provisionally held pending police verification, with automatic confirmation where no report is submitted within six months. Jail rules will be amended to promote non-discrimination, sanitation, security and fair work allocation.
August 11, 2026
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Money-laundering investigation into alleged liquor-sale proceeds led to arrest and custodial questioning amid contested political allegations.
Money-laundering investigation concerning an alleged liquor scam led to the Enforcement Directorate's arrest of Ramgopal Agrawal and seven days' custodial remand under the Prevention of Money Laundering Act. The agency alleged his connection with proceeds of crime, non-attendance despite multiple summonses, and evasiveness during questioning. Allegations concern purported control of the state excise department, illegal liquor sales, and sharing of commissions. The Congress has denied the allegations and described the investigation as politically motivated.
August 11, 2026
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GST inquiry closure bribery allegations prompted anti-corruption proceedings against a Sales Tax officer under corruption law.
Alleged bribery in GST inquiry closure led to the arrest of a Sales Tax Assistant Commissioner after a scrap trader complained of a demand for illegal gratification to close an inquiry initiated through a GST show-cause notice. Anti-corruption officials reportedly verified the allegation through intermediaries, during which the officer allegedly agreed to accept payment for closing the matter. A criminal case was registered under the Prevention of Corruption Act, with further investigation ongoing.
August 11, 2026
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Direct tax collection growth reflected stronger non-corporate taxes and securities transaction tax receipts alongside slower refund issuances.
Net direct tax collections increased by 23 per cent to over Rs 8.11 lakh crore through August 10, driven by higher non-corporate tax collections and slower refund growth. Gross direct tax collections grew by 19.75 per cent to about Rs 9.55 lakh crore. Net corporate tax collections rose about 20 per cent, net non-corporate tax collections rose 23 per cent, and Securities Transaction Tax collections increased 51 per cent. Refund issuances grew by 3.8 per cent year-on-year.
August 11, 2026
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Vicarious liability in cheque dishonour cases cannot attach to trust associates without statutory status or transaction-specific involvement.
Vicarious criminal liability for cheque dishonour under section 141 of the Negotiable Instruments Act does not extend to a trust, because a trust is not a juristic person. A person cannot be summoned merely for alleged active involvement in a trust where the person was neither drawer nor signatory of the cheques, trustee, office-bearer, authorised account operator, guarantor, or executor of transaction documents.
August 11, 2026
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Cross-border payment integration through CBDCs and fast payment systems remains under BRICS discussion to reduce transfer costs.
Cross-border payment integration is under discussion through potential linkages between central bank digital currencies and fast payment systems, including UPI-type platforms. These approaches seek faster and less costly trade and remittance transfers, particularly retail payments, but remain at a discussion stage. Rupee internationalisation is also being pursued through central-bank memorandums of understanding for bilateral trade settlement in local currencies, with existing arrangements covering Indonesia, Maldives, Mauritius and the UAE.
August 11, 2026
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Integrated infrastructure planning under PM GatiShakti coordinates project evaluation, multimodal connectivity, geospatial data use, and decentralized implementation.
PM GatiShakti National Master Plan provides an integrated, data-driven infrastructure planning framework using geospatial data, satellite imagery and API integration. Project approval, implementation and funding remain with the respective Central Ministries, Departments and States or Union Territories under their own plans and budgetary provisions; the framework sets no separate budgetary allocation or quantified targets. The Network Planning Group evaluates critical Central Government projects at the planning stage for multimodality, synchronisation, last-mile connectivity, comprehensive local development and coordinated decision-making.
August 11, 2026
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MSME procurement through GeM has expanded alongside analytics-driven controls against suspicious bidding, collusion, and vendor misconduct.
GeM uses AI/ML analytics to detect order splitting, suspicious bidding, abnormal pricing, repeated participation and potential buyer-seller collusion. Flagged cases are placed before buyer organisations for review and action, while suspected cartels are assessed through digital-footprint, pricing and bid-timing indicators. Its Incident Management framework addresses false documents, fraud, collusive behaviour and other misconduct through administrative measures, including suspension. Anti-competitive conduct and cartel formation are Severe/Grave deviations, with proven cases attracting suspension for up to 365 days.

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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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