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    April 6, 2026
    SC does not interfere with order allowing Adani to acquire JAL, asks NCLAT to decide expeditiously
    April 6, 2026
    Cong concocted charges against my wife using false info from Pak social media group: Assam CM
    April 6, 2026
    Rupee gains 33 paise to 92.85 against US dollar in early trade
    April 6, 2026
    Meerut police unearths GST fraud racket, arrests gang member
    April 6, 2026
    Asian shares mostly gain while oil prices keep rising
    April 5, 2026
    Indian-origin couple jailed for operating UK companies despite ban
    April 5, 2026
    Economists see RBI holding rates in April policy review on inflation fears amid West Asia crisis
    April 5, 2026
    India OMCs to pay discounted rates to refiners amid fuel price freeze
    April 4, 2026
    India’s pharma exports cross USD 28 bn till Feb, likely to end up with growth in rupee terms in FY26
    April 4, 2026
    If West Asia crisis continues Indian exports to other parts of world will get impacted: Official
    April 4, 2026
    India LPG flows continue as tanker crosses Hormuz, Iranian cargo reaches Mangalore
    April 4, 2026
    UP farmer claims identity misuse after receiving Rs 14.66 cr tax notices
    April 4, 2026
    India’s pharma exports cross USD 28 bn till Feb, grow over 5 pc
    April 4, 2026
    India says no payment issues with Iran, crude supplies fully secured
    April 4, 2026
    UPSIDA, JNPA sign pact to position Lalitpur Pharma Park as global export hub
    April 4, 2026
    Indian Pharma sector clocks USD 28 bn export by end of February in FY26
    April 4, 2026
    Most Common Payroll Compliance Mistakes Businesses Make and How to Avoid Them
    April 4, 2026
    CBI Arrests Assistant Commissioner, CGST, Ratlam in a Bribery Case
    April 4, 2026
    Guidance Note – Form 190
    April 4, 2026
    Form 190 – Frequently Asked Questions
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April 6, 2026
SC does not interfere with order allowing Adani to acquire JAL, asks NCLAT to decide expeditiously
Show AI Summary
Insolvency resolution plan challenge continues as the appellate tribunal is directed to decide the JAL acquisition dispute expeditiously.
In the insolvency proceedings concerning Jaiprakash Associates Ltd., the Supreme Court declined to interfere with the appellate order that had refused to stay Adani Enterprises Ltd.'s resolution plan for acquisition of JAL. The Court directed the parties, including Vedanta Ltd. and the successful resolution applicant, to place their contentions and counterclaims before the National Company Law Appellate Tribunal, and asked the tribunal to decide the dispute expeditiously after taking up final hearing on the pending challenge to the acquisition plan.
April 6, 2026
Cong concocted charges against my wife using false info from Pak social media group: Assam CM
Show AI Summary
Fabricated passport allegations and shell company claims were said to rely on altered documents and false social media sources.
Allegations concerning the Assam chief minister's wife's passports, foreign properties and shell companies were described as fabricated and based on false information sourced from a Pakistani social media group. The chief minister asserted that Congress leaders circulated morphed or altered documents, including passport images and company records, to suggest ownership of assets in Dubai and links to companies in Wyoming, and said these materials contained internal anomalies such as mismatched numbers, inconsistent identity details and facial discrepancies.
April 6, 2026
Rupee gains 33 paise to 92.85 against US dollar in early trade
Show AI Summary
Rupee gains after tighter forex rules curb speculation and prompt banks to unwind dollar positions.
The rupee strengthened in early trade after the Reserve Bank of India tightened foreign exchange rules to curb speculative positions and cap banks' net open positions at USD 100 million. The reported movement reflected banks unwinding dollar positions ahead of the compliance deadline, while the measures were supporting the domestic currency in the short term. The currency remained under pressure from foreign capital outflows, a stronger dollar, higher crude oil prices, and broader geopolitical tensions.
April 6, 2026
Meerut police unearths GST fraud racket, arrests gang member
Show AI Summary
GST fraud racket exposed through fake firms, false invoices, and e-way bill manipulation linked to tax evasion.
Police in Meerut district unearthed a GST fraud racket involving fictitious firms, fake invoices, and wrongful accumulation of input tax credit. The gang allegedly used fake Aadhaar and PAN cards to set up companies, filed fraudulent GST returns, and manipulated e-way bills to evade tax and cause a revenue loss of about Rs 17 crore. One accused was arrested on the basis of a tip-off and technical evidence, and the investigation disclosed collusion with an accomplice and other persons involved in the racket.
April 6, 2026
Asian shares mostly gain while oil prices keep rising
Show AI Summary
Geopolitical uncertainty lifts Asian shares as rising oil prices and Strait of Hormuz fears dominate markets.
Asian shares mostly rose as investors monitored rising oil prices and uncertainty surrounding the Iran war and the Strait of Hormuz. Japanese and South Korean benchmarks advanced, while crude prices climbed on fears that the conflict could prolong global supply risks. Market sentiment remained dominated by geopolitical uncertainty and expectations of further developments from the United States.
April 5, 2026
Indian-origin couple jailed for operating UK companies despite ban
Show AI Summary
Director disqualification breach and company control led to suspended prison sentences, fresh bans and confiscation proceedings.
Director disqualification was imposed after unchallenged findings that a company had wrongfully claimed funds from HM Revenue and Customs in connection with a tax fraud scheme. Despite the ban on running, managing, promoting or otherwise being involved in UK-registered companies, the director continued to control two pharmaceutical-related companies, and a spouse was found to have aided and abetted the breach while acting as the formal director of one company. The article also notes suspended prison sentences, fresh disqualifications and confiscation proceedings under the Proceeds of Crime Act 2002.
April 5, 2026
Economists see RBI holding rates in April policy review on inflation fears amid West Asia crisis
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Inflation risks from crude oil and currency volatility may keep the repo rate unchanged in the April review.
The Reserve Bank of India is expected to keep the benchmark repo rate unchanged in its April monetary policy review, with economists attributing the likely pause to rising inflation risks from geopolitical tensions in West Asia, firm crude oil prices, and sharp currency volatility. The expected policy approach is cautious and watchful, with the monetary policy stance likely to remain neutral amid uncertain global conditions and closer monitoring of inflation data before any further action. Economists also expect the review to focus more on inflation management, with possible upward revision of inflation projections if elevated crude prices persist.
April 5, 2026
India OMCs to pay discounted rates to refiners amid fuel price freeze
Show AI Summary
Refinery transfer pricing discount squeezes standalone refiners as fuel price freeze keeps retail rates unchanged.
State-run oil marketing companies have fixed discounted refinery transfer prices for petrol, diesel, aviation turbine fuel and kerosene in response to a freeze on retail fuel prices and rising global crude oil costs. The revised pricing reduces refinery receipts below import-parity-linked costs and is expected to affect standalone refiners more sharply than integrated oil companies, because the latter can partly offset losses across refining and marketing operations.
April 4, 2026
India’s pharma exports cross USD 28 bn till Feb, likely to end up with growth in rupee terms in FY26
Show AI Summary
Pharmaceutical exports continue steady growth as India targets wider markets, stronger regulation and long-term expansion.
India's pharmaceutical exports continued to grow, with exports up to February exceeding USD 28 billion and rising 5.6 per cent year-on-year, led by formulations, biologicals, vaccines and AYUSH products. Industry representatives said the sector is likely to end the financial year broadly in line with the previous year, despite global pricing pressure and trade volatility, while future growth is expected through policy prioritisation, market diversification, foreign direct investment and improved regulatory efficiency.
April 4, 2026
If West Asia crisis continues Indian exports to other parts of world will get impacted: Official
Show AI Summary
Supply chain disruption from West Asia crisis threatens Indian exports, imports, and pharma inputs as government diversifies sourcing.
The West Asia crisis is disrupting Indian imports and exports, with energy and regional trade flows under pressure. A prolonged conflict could also affect exports to other regions by altering supply chains and value chains, while the government seeks to minimise disruption and diversify imports. The pharma sector is facing impact from shortages of intermediates and solvents, and supply chain resilience is being prioritised.
April 4, 2026
India LPG flows continue as tanker crosses Hormuz, Iranian cargo reaches Mangalore
Show AI Summary
Maritime supply continuity keeps LPG inflows moving despite Strait of Hormuz disruption and regional shipping tensions.
Continued LPG inflows to India are reported despite disruption in the Strait of Hormuz, with an Indian-flagged tanker safely transiting the waterway and an Iranian LPG cargo reaching Mangalore for discharge. Maritime authorities are monitoring vessel movements, port operations and crew safety, while coordinating with ship owners, Indian missions and the Directorate General of Shipping. Several Indian-flagged vessels remain stranded on the western side of the strait, though seafarers are safe and port operations across India remain normal.
April 4, 2026
UP farmer claims identity misuse after receiving Rs 14.66 cr tax notices
Show AI Summary
Identity misuse in tax notices triggers fraud and forgery inquiry over alleged business run using Aadhaar and PAN details.
Identity misuse was alleged after a farmer received income tax and GST notices for dues linked to a firm allegedly operated in his name in Delhi. He said he had never travelled to Delhi or formed any business enterprise, and preliminary inquiry reportedly found that the firm used his Aadhaar and PAN details. A complaint was submitted to the district administration, which constituted a two-member team to investigate the suspected fraud and forgery involving misuse of identity documents and resulting tax demands.
April 4, 2026
India’s pharma exports cross USD 28 bn till Feb, grow over 5 pc
Show AI Summary
Pharmaceutical exports growth reflects strong global demand, diversified markets and compliance-led expansion despite pricing pressures.
India's pharmaceutical exports continued to expand despite global pricing pressure and trade volatility, with outbound shipments reaching over USD 28 billion up to February of the current financial year and recording growth of 5.6 per cent over the corresponding period in the previous year. Export growth was led by formulations, biologicals, vaccines and AYUSH products, while the sector's total export performance in the preceding financial year also showed strong year-on-year growth. Pharmexcil indicated that export expansion would depend on policy prioritisation, market diversification, increased foreign direct investment inflows and improved regulatory efficiency, with a medium-term export target of USD 65 billion by 2030.
April 4, 2026
India says no payment issues with Iran, crude supplies fully secured
Show AI Summary
Crude import flexibility keeps India's fuel supply secure despite reports of Iranian cargo diversion.
India said there are no payment hurdles for Iranian crude imports and that refiners continue to secure oil from Iran and a wide range of global suppliers. It rejected reports of an Iranian cargo diversion as factually incorrect, stating that destination changes during transit are common in oil trade for commercial and operational reasons. The ministry said crude oil requirements remain fully secured for the coming months, and noted that an LPG vessel carrying Iranian LPG has berthed at Mangalore and is discharging cargo.
April 4, 2026
UPSIDA, JNPA sign pact to position Lalitpur Pharma Park as global export hub
Show AI Summary
Global export hub logistics for Lalitpur Pharma Park strengthened through port connectivity and freight corridor integration.
Uttar Pradesh State Industrial Development Authority and Jawaharlal Nehru Port Authority have entered into a memorandum of understanding to develop the proposed Lalitpur Pharma Park as a global export hub by linking the industrial cluster to international maritime trade routes. The cooperation contemplates use of the Dadri-Khurja rail link with the Western Dedicated Freight Corridor and Eastern Dedicated Freight Corridor to create a multi-modal rail network for movement of pharmaceutical goods to JNPA, supporting import of raw materials and export of finished pharmaceutical products.
April 4, 2026
Indian Pharma sector clocks USD 28 bn export by end of February in FY26
Show AI Summary
Indian pharmaceutical exports maintain growth momentum as formulations, biologicals, vaccines and Ayush products lead performance.
Indian pharmaceutical exports maintained growth momentum despite global pricing pressures and trade volatilities, with shipments reaching over USD 28 billion up to February in FY26 and registering year-on-year growth of 5.6 per cent over the corresponding period in FY25. Export performance was led by formulations, biologicals, vaccines and Ayush products.
April 4, 2026
Most Common Payroll Compliance Mistakes Businesses Make and How to Avoid Them
Show AI Summary
Payroll compliance mistakes demand accurate classification, timely deductions, and automated statutory checks to prevent audits and penalties.
Payroll compliance requires accurate employee classification, timely tax deduction, and correct statutory contribution management to avoid audits, penalties, and employee disputes. Common errors include misclassifying employees and contract workers, which can cause missed PF, ESI and TDS obligations, and incorrect or delayed TDS computation arising from failed declarations, salary changes, or tax regime switches. The compliance approach relies on onboarding checks, real-time recalculation, and automated deposit scheduling to reduce errors before they enter the payroll cycle.
April 4, 2026
CBI Arrests Assistant Commissioner, CGST, Ratlam in a Bribery Case
Show AI Summary
Bribery allegations against a CGST officer trigger a CBI trap, arrest, and continuing investigation into corruption claims.
Bribery allegations led to a CBI trap and arrest of an Assistant Commissioner, CGST, Ratlam, after a private person or middleman allegedly demanded money for not initiating GST proceedings against the complainant's firm. The accused was caught red-handed while accepting a bribe through the middleman, with searches continuing at the accused's premises and investigation still in progress.
April 4, 2026
Guidance Note – Form 190
Show AI Summary
Mutual fund approval process for subscribing to eligible public issues under the Income-tax Act framework clarified.
Approval is sought by a mutual fund to subscribe to an eligible issue of public companies under Schedule XV(1)(z)(ii) of the Income-tax Act, 2025, through Form 190. The form must be filed three months before the issue of eligible capital with the prescribed details and documents, including mutual fund and management particulars, scheme details, SEBI and custodian records, audited financial statements, and approval documents relating to the public company's share issue.
April 4, 2026
Form 190 – Frequently Asked Questions
Show AI Summary
Mutual fund approval for eligible public company issues depends on timely filing of Form 190.
A mutual fund must file Form 190 to seek approval for investment in the eligible issue of public companies under Schedule XV(1)(z)(ii) of the Income-tax Act, 2025. The form corresponds to the earlier Form 59A under the Income-tax Rules, 1962, and to the corresponding rule framework under the Income-tax Rules, 2026. The application is to be filed by the mutual fund itself, together with the documents specified in the form, three months before the issue of eligible capital. Approval for subscription is granted on the basis of the particulars furnished in Form 190.

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CBI Arrests Assistant Commissioner, CGST, Ratlam in a Bribery Case

April 4, 2026

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The Central Bureau of Investigation (CBI) has arrested an Assistant Commissioner, CGST, Ratlam, in a bribery case.

The CBI registered the instant case on 31.03.2026 against Assistant Commissioner, CGST, Ratlam, and a private person on the allegations that the accused demanded a bribe of Rs. 5 lakh through a middleman/private person for not initiating GST proceedings against the complainant’s firm.

The CBI laid a trap and caught the accused Assistant Commissioner, from the CGST Office, Ratlam, red-handed while accepting a bribe of Rs. 1.5 lakh through the middleman.

Searches are being conducted at the premises of the accused

Investigation is continuing.

The strict action by the Central Bureau of Investigation (CBI) against corrupt public servants underscores its firm commitment to curbing corruption. Citizens who come across instances of corruption or are subjected to demands for bribes by public officials are encouraged to report such matters. They may visit the Office of CBI, Anti-Corruption Branch, Char Imli, Bhopal or call on 0755-2430034 and mobile No. 9425600070 to lodge their complaints or share any relevant information.

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