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April 17, 2026
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Aadhaar biometric updation camps to be held in Himachal schools for eligible children under UIDAI guidelines.
Mandatory biometric update camps are to be organised in government and private schools across Himachal Pradesh in a district-wise phased manner to facilitate Aadhaar biometric updation for children who have attained the age of five years or 15 years. The camps follow UIDAI guidelines requiring updated fingerprints, iris scan and photograph to maintain the validity and accuracy of Aadhaar, and guardians are advised to ensure timely completion of the process.
April 17, 2026
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Illegal Aadhaar enrolment racket exposes biometric fraud, forged identities and misuse risks in digital authentication systems.
Illegal Aadhaar enrolment activity was detected in Hanumangarh district, where an unauthorised centre was allegedly operated using the login credentials of other operators to generate fake Aadhaar cards by manipulating biometric data. Dummy fingerprints, copied retina images and forged signatures on enrolment receipts were used to bypass authentication safeguards. Police seized equipment including a laptop, printer, iris scanner, fingerprint devices, GPS equipment, camera and a mobile phone, and registered a case under relevant provisions of the Bharatiya Nyaya Sanhita and the IT Act.
April 17, 2026
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Foreign exchange reserves rise as higher currency assets and gold lift India's forex kitty above the USD 700-billion mark.
India's foreign exchange reserves increased to USD 700.946 billion during the week ended April 10, 2026, driven by higher foreign currency assets, gold reserves, Special Drawing Rights and the reserve position with the International Monetary Fund. The foreign currency assets rose to USD 555.983 billion, while gold reserves increased to USD 121.343 billion and Special Drawing Rights to USD 18.763 billion.
April 17, 2026
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Coal import probe prompts Special Presidential Commission to review procurement procedures, state loss, and energy sector oversight.
Sri Lanka appointed a Special Presidential Commission of Inquiry to examine coal imports for power generation by Lanka Coal Ltd from the commencement of imports up to 16 April 2026, including whether the imports caused loss to the state and whether accepted procurement procedures were followed. The commission was constituted under the Special Presidential Commissions of Inquiry Act and its special provisions. The inquiry followed concerns raised over coal procurement and alleged irregularities in the state supply chain for thermal power generation.
April 17, 2026
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Category II AIF launch targets pre-leased commercial real estate through a diversified income-oriented investment strategy.
SEBI-registered Category II AIF manager Alt Capital announced the launch of AltCap Yield Fund III, the third scheme under its alternative investment fund platform, in partnership with FundsIndia Private Wealth to raise a target corpus of Rs. 1,000 crore with an additional green shoe option. The scheme is targeted at institutional investors, HNIs, family offices, and select domestic and NRI investors, and is positioned as an income-oriented real estate vehicle focused on stable, pre-leased Grade A/A+ office and warehousing assets. The stated approach includes diversification, prudent leverage, and a portfolio-exit strategy.
April 17, 2026
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Startup India recognition, funding support, and public procurement expand as startup numbers, jobs, and patent filings rise.
Government recognition of startups under the Startup India initiative reached a record level in FY 2025-26, with total recognised startups crossing 2.23 lakh and direct jobs exceeding 23.36 lakh. Support continues through the Fund of Funds for Startups, the Startup India Seed Fund Scheme, and the Credit Guarantee Scheme for Startups, including expanded guarantee cover, incubator funding, and continued disbursement mechanisms. Startup-led innovation has also grown through higher patent filings and wider participation in public procurement through the Government e-Marketplace.
April 17, 2026
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Norms Committees reform under DGFT aims to streamline duty-free import approvals and improve trade facilitation for exporters.
Strengthening of Norms Committees under the Directorate General of Foreign Trade has been undertaken to improve the administration of the Advance Authorisation and Duty-Free Import Authorisation schemes under the Foreign Trade Policy. These schemes permit duty-free import of inputs physically incorporated in export products, with authorisations ordinarily issued against notified Standard Input Output Norms and, where such norms are unavailable, against self-declared input-output norms later examined and finalised by sector-specific committees. The reforms are directed at improving turnaround time, enabling earlier approvals, and making the norms fixation process more transparent and predictable.
April 17, 2026
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Integrated Management System certification reinforces quality, safety, sustainability and facility management across a large office park portfolio.
Panchshil Realty's 12 office parks have obtained an Integrated Management System certification covering quality management, environmental management, occupational health and safety management, and facility management. The certified portfolio spans IT, SEZ and mixed-use office parks and extends to end-to-end Integrated Facility Management services, including engineering operations and maintenance, soft services, safety and security systems, civil upkeep, and digital FM enablement. The certifications are presented as internationally accredited and tied to standardised systems, stronger operational frameworks, and global ESG-aligned service delivery.
April 17, 2026
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India-US partnership gains momentum as diplomatic talks continue alongside bilateral trade agreement negotiations.
Indian Ambassador Vinay Mohan Kwatra discussed issues of mutual interest with Congressman Pete Sessions and appreciated his support for a stronger India-US partnership. The meeting formed part of ongoing diplomatic engagement as India and the US negotiated the finer elements of a bilateral trade agreement, following earlier finalisation of a framework for the first phase.
April 17, 2026
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Interest recomputation under GSTR-3B allows correction of auto-calculated delayed-filing interest through the GST Portal.
GST Portal auto-calculates interest on delayed filing of GSTR-3B and auto-populates it in Table 5.1 of the subsequent return, with the breakup available in the system-generated GSTR-3B PDF. If the interest has been computed incorrectly without giving benefit of the minimum cash balance in the Electronic Cash Ledger under the proviso to Rule 88B(1) of the CGST Rules, 2017, taxpayers may use the "RE-COMPUTE INTEREST" option in Table 5.1. The revised interest then appears in the updated PDF and should be manually entered in Table 5.1, not below the recomputed amount.
April 17, 2026
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Regulatory capacity building for IFSC officers through training on corporate laws, securities regulation, and cross-border financial frameworks.
An induction training programme was commenced for Assistant Managers of the International Financial Services Centres Authority under the Memorandum of Understanding between IFSCA and the Indian Institute of Corporate Affairs. The collaboration is aimed at strengthening India's international financial services ecosystem through capacity building, policy research, and knowledge partnership, with the programme serving as an operational step in that arrangement. The training is designed to equip IFSCA officers with a working understanding of corporate laws, governance frameworks, financial regulations, cross-border transactions, securities regulation, corporate finance, financial reporting, cross-border insolvency, and IFSC-specific regulatory frameworks.
April 17, 2026
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Companies incorporation reform streamlines filings, simplifies compliance, and modernises electronic communication under the proposed amendment rules.
Public consultation has been invited on proposed amendments to the Companies (Incorporation) Rules, 2014 to streamline incorporation, reduce repetitive compliance, rationalise KYC and documentation, modernise communication methods, and align the filing framework with Ease of Doing Business objectives. The draft also proposes consolidation of multiple forms into simplified e-forms, simplified name reservation rules, revised registered office documentation and verification requirements, updated procedures for shifting registered office, expanded DIN allotment at incorporation, and more flexible integrated registration under AGILE-PRO-S.
April 16, 2026
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Bail condition modification in a money-laundering case allowed travel permissions and monthly attendance exemption.
A Delhi court permitted a money-laundering accused to travel to several States for religious purposes and modified a bail condition requiring monthly appearance before the investigating officer. The accused sought relaxation on the grounds that the investigation was complete, his health had deteriorated and his passport was already deposited in another PMLA matter. The court rejected a jurisdictional objection, held that it retained authority to modify the conditions, and left the remaining bail terms intact.
April 16, 2026
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Sexual harassment and forcible conversion allegations lead to police custody, investigation, and victim identity protection warnings.
Two accused in a case concerning alleged sexual harassment and forcible religious conversion at a TCS unit in Nashik were remanded in police custody for further investigation. The accused were booked under Bharatiya Nyaya Sanhita provisions relating to outraging a woman's modesty, sexual harassment, and acts intended to insult a woman's modesty.
April 16, 2026
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Money laundering probe over alleged loan diversion and shell companies leads to ED custody for former executives.
Former senior executives of Reliance Anil Ambani Group were sent to five days' ED custody in a money laundering investigation arising from alleged bank loan fraud involving Reliance Home Finance Limited and Reliance Commercial Finance Ltd. The Enforcement Directorate alleged that loan funds were diverted to shell companies controlled by the group and that digital evidence, including emails, indicated the role of the arrested accused in siphoning and diverting funds. The order referred to emails and other digital material as showing participation by both accused in funding decisions and movement of loan proceeds.
April 16, 2026
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Fraud classification of bank accounts challenged over forensic audit validity, RBI guidelines, and show cause notices.
Banks' proceedings to classify bank accounts as fraud were challenged on the basis that the underlying forensic audit was allegedly defective, the audit firm lacked qualification, and the banks' notices were said to violate mandatory RBI guidelines. The dispute concerned interim protection granted by a single judge against present and future action by the banks, followed by the division bench setting aside that protection. The Supreme Court declined to interfere with the division bench order, clarified that its observations would not affect the pending suit, and requested expeditious disposal of the challenge to the show cause notices.
April 16, 2026
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Special Economic Zone reforms support semiconductor manufacturing, with Dholera notified for India's first chip fabrication plant.
Government has notified a Special Economic Zone to be established by M/s. Tata Semiconductor Manufacturing Private Limited at Dholera, Gujarat, exclusively for electronic hardware and software, including IT/ITES. The project is described as India's first chip fabrication plant and is set over 66.166 hectares with projected employment of 21,000 persons. The SEZ is intended to support semiconductor and electronics manufacturing through enabling infrastructure and a dedicated approval mechanism designed to streamline operations and logistics. The notification forms part of wider SEZ reforms that reduced land requirements, relaxed encumbrance norms, included free-of-cost supplies in Net Foreign Exchange calculations, and permitted domestic sales in the Domestic Tariff Area on payment of applicable duties.
April 16, 2026
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Apricot export expansion boosts Ladakh farmers through international market access, value addition and reduced post-harvest losses.
Ladakh Administration signed an MoU with Lulu Retail, through APEDA and the Ministry of Food Processing Industries, to export at least 1,000 tonnes of Ladakhi apricots this season. The exporter will procure, pluck, sort, process, package, transport and market the produce in international markets while preserving the identity of Ladakh-origin apricots. The initiative is aimed at reducing post-harvest losses, improving value addition and providing farmers better pricing and direct market access.
April 16, 2026
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Asia growth outlook stays resilient as the IMF warns an energy shock may fuel inflation and tighten policy space.
Asia is projected to remain the main driver of global growth, with India and China contributing about 70 per cent of regional expansion. Growth in the region, after reaching about 5 per cent in 2025 despite US tariffs and trade uncertainty, is expected to moderate in 2026 and 2027. The IMF warned that the Gulf crisis energy shock could raise inflation, weaken external balances, tighten financial conditions and narrow policy space, requiring agile monetary policy.
April 16, 2026
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Sustainable in-house glass bottling solutions support premium hospitality operations through training, hygiene compliance and plastic reduction.
Export order for sustainable in-house glass bottled water solutions was secured by PBP EcoAqua from a Kenyan hospitality group for premium hotel operations. The arrangement includes automated glass bottling and water treatment systems, together with installation, technical training, operational familiarisation and dispatch planning. The project emphasises hygiene compliance, operational efficiency and sustainability performance benchmarks, and is intended to reduce dependence on single-use plastic bottles through reusable glass packaging and safe, premium drinking water services.

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Delhi CM Rekha Gupta presents Rs 1.037 lakh cr budget; Rs 22,236 crore for 'green initiatives'

March 24, 2026

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New Delhi, Mar 24 (PTI) Delhi Chief Minister Rekha Gupta on Tuesday presented a Rs 1.037 lakh crore budget for FY27, announcing several welfare schemes, including free diagnostic tests for newborn babies, free bicycles to 1.3 lakh girl students and laptops for meritorious students, and a new semiconductor policy, besides an 'emergency operation centre' for disaster management.

Presenting the budget for the second time in the Delhi Assembly, Gupta, who also holds the finance portfolio, called it a "Green Budget", pointing out that 21 per cent of the total appropriations are allocated to environmental protection initiatives.

For the next financial year, the government has earmarked Rs 260 crore to provide a free LPG cylinder each on Holi and Diwali to ration card-holding families --- a pre-poll promise of the BJP. The chief minister announced Rs 1,352 crore for developing dust-free roads, including end-to-end recarpeting of 750 km of roads across the city.

In her 116-minute speech, the chief minister highlighted several measures taken by the BJP government in the last year.

She said that the national capital has been progressing rapidly under a triple-engine government, highlighting that the city's per capita income is the third-highest in the country.

The government has earmarked Rs 19,326 crore for the education sector -- 18 per cent share of the total budget, followed by the health sector (Rs 13,034 crore), transport (Rs 12,613 crore), urban development (Rs 11,572 crore), social welfare (Rs 10,537 crore) and water supply (Rs 9,000 crore).

The chief minister also announced a slew of measures for women and assured that 'Mahila Samriddhi Yojna', a pre-poll promise of the ruling BJP, will soon be implemented with an outlay of Rs 5,110 crore.

Under the scheme, eligible women will be given Rs 2,500 per month, the chief minister said, adding that a portal for registration will be launched soon. The government will also set up 'Rani Haat' for women to link their skills with markets.

The Delhi government will provide 1,100 electric auto-rickshaw permits to women and transgender persons under a scheme aimed at promoting self-reliance, Gupta announced.

Meanwhile, Opposition AAP MLAs boycotted the budget presentation over suspension of four party legislators, prompting Speaker Vijender Gupta to criticise their decision.

The chief minister said her government will set up an 'Emergency Operation Centre' to deal with any disaster.

The budget estimates tax revenue of Rs 74,000 crore, while an allocation of Rs 11,666 crore has been made for the Municipal Corporation of Delhi (MCD).

Pointing out the problem faced by girls in commuting to schools, Gupta announced an allocation of Rs 90 crore in the budget for gifting bicycles to 1.30 lakh Class IX girl students of Delhi government schools.

During her budget speech, the chief minister also turned poetic as she said --- "Delhi ki raho me phirse ujala chhane laga hai...mehnat ka har deep ab jagmagane lga hai...nai umeedo ke sang kadam badaye hai...har adhure sapne ko phirse hum sajaye hai".

Highlighting the benefits of the Ayushman Bharat Health scheme, she announced that it will also cover transgender individuals and announced Rs 202 crore for the scheme.

She said the government was motivated to treat healthcare as "Upchar" (treatment), not as "Upkar" (favour), and earmarked Rs 12,645 crore for various projects and initiatives.

The government will open 750 new Ayushman Arogya Mandir and has allocated Rs 1,500 crore for it.

Gupta announced a new scheme ANMOL (Advanced Newborn Monitoring and Optimal Lifecare) for 56 free diagnostic tests of newborn babies in the city.

A huge allocation of Rs 19,148 crore was made for the education sector in the budget, including Rs 475 crore for construction and extension of school buildings.

She also said the Delhi government will open a Sainik School and demanded that the Centre set up 10 Kendriya Vidyalayas in the national capital.

The chief minister announced the conversion of Delhi's entire public transport bus fleet to electric buses by 2029, allocating Rs 8,374 crore for the transport sector.

She also announced that the Delhi government will introduce a semiconductor policy and develop infrastructure to support the industry's growth in the city.

In the infrastructure sector, Rs 5,921 crore has been earmarked for the public works department (PWD), while urban development and shelter projects have been allocated Rs 7,887 crore.

"Our aim is safe roads, climate corridors and flawless connectivity," Gupta said.

The government allocated Rs 3,942 crore for the power department, she said, adding that the government is also working on shifting overhead electricity wires underground with an outlay of Rs 200 crore for this purpose.

The chief minister announced Rs 300 crore for the development of the trans-Yamuna area of the city, while the Delhi Gram Vikas Board has been allocated Rs 787 crore.

The city government will also build an integrated secretariat and residential complex for employees, the CM said in her budget speech.

Citing the Palam fire incident, Gupta said narrow lanes and congested unauthorised colonies make it difficult to douse fires, adding that Delhi's firefighting infrastructure will be strengthened with an allocation of Rs 674 crore.

To tackle water-related issues, Gupta said new water pipeline projects are underway and Rs 9,000 crore has been allocated to the Delhi Jal Board for water and sewage management. PTI VIT SSM SHB AHD VBH SGV MSJ BUN BUN MR

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