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    Secretary DFS chairs Review meeting of Vision Strategy documents of four Public Sector Insurance companies- NIACL, NICL, UIICL and AICIL
    Secretary, DFS Chairs review meeting on progress of Schemes of Financial Inclusion with Public Sector Banks (PSBs) and major Private Banks
    Chhattisgarh CM launches upgraded Seva Setu portal to expand digital access to govt services
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    Our objective is to give houses to 22,000 homebuyers of ailing Unitech: SC
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    234 Homebuyers Get Relief as NCLT Approves Resolution Plan for Nirmal Lifestyle Mulund in INR 1,491 Cr. CIRP
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    Delhi court rejects I-PAC director Vinesh Chandel's plea for interim bail
    Homebuyers 'fraud': ED attaches Raheja Developers' assets worth over Rs 1,110 crore
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April 30, 2026
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Insurance modernisation through digitalisation, customised products and wider outreach was emphasised to strengthen service delivery and growth.
Strategic review of the vision documents of four public sector insurance companies focused on improving operational efficiency, financial soundness, sustainable growth, human resource and IT strategies, and service delivery. The review emphasized reducing loss ratios, preserving market share, strengthening retail portfolios and rural and semi-urban presence, developing customised products for younger customers and emerging risks, and advancing full digitalisation. It also highlighted cybersecurity compliance, online insurance services, grievance redressal, prompt claims processing, and expansion of distribution networks through outreach and social media.
April 30, 2026
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Financial inclusion drive pushes banks to expand rural access, strengthen digital reach, and serve marginalised communities.
Public and private banks were reviewed on progress under financial inclusion schemes such as PMJDY, PMJJBY, PMSBY, APY and PMMY, along with related livelihood and welfare programmes. The review emphasised expansion of branches in unbanked villages, deployment of banking correspondents, resolution of infrastructure and connectivity issues, and strengthening of digital banking with assisted and vernacular support for last-mile access.
April 29, 2026
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Digital citizen services expand through Seva Setu with AI, WhatsApp access, multilingual support, and stronger service accountability.
Digital citizen service delivery under the Public Service Guarantee Act has been expanded through the upgraded Seva Setu e-District portal, designed to provide transparent, efficient, and more accessible government services through a single digital platform. The portal integrates artificial intelligence, Aadhaar-based e-KYC, DigiLocker, e-Pramaan, UMANG, WhatsApp, treasury and e-challan services, DBT linkage, QR-based verification, cloud storage, digital signatures, real-time dashboards, and MIS reporting, with availability in 22 Indian languages to reduce technical barriers and improve citizen access.
April 29, 2026
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Police custody extension in religious conversion and sexual harassment allegations involving TCS employees and suspected financial links.
Police custody of four TCS employees was extended in connection with allegations arising from the religious conversion of a male colleague, while investigators examined the money trail and suspected international links. The accused were also charged with sexual harassment and with acts alleged to insult or wound religious feelings under the Bharatiya Nyaya Sanhita. The matter was being heard in camera, and separate judicial custody proceedings were noted in respect of one female accused.
April 29, 2026
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Homebuyers' rights in stalled Unitech projects remain central as the court seeks an amicable resolution and faster completion.
The Supreme Court emphasised that the central objective in the Unitech proceedings was to secure delivery of homes to about 22,000 homebuyers and sought suggestions from the Centre-appointed board, banks, financial institutions, homebuyers and land-owning agencies for an amicable resolution. The background included earlier exemption from RERA registration to facilitate release of stalled homebuyer loans, management control being taken over by the Government, and authority given to the board to raise funds, monetise assets and complete housing units.
April 29, 2026
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Persons with benchmark disabilities: public sector financial institutions must strengthen reservation, equal opportunity, and grievance redress mechanisms.
Reservation for Persons with Benchmark Disabilities in direct recruitment and promotion is to be implemented by public sector banks, insurance companies and other public sector financial institutions in line with Government of India instructions. Public sector financial institutions are also advised to hold periodic meetings with PwD Employees Welfare Associations, appoint a Chief Liaison Officer or Liaison Officer, adopt an Equal Opportunity Policy with board approval, and establish a Grievance Redressal Officer for PwD employees.
April 29, 2026
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Supply-side shock from West Asia conflict heightens inflation risks, while India's domestic resilience and policy buffers provide partial insulation.
West Asia conflict is described as a supply-side shock that raises inflation, trade and financial-flow risks, while India's domestic demand, policy buffers and resilient financial system provide partial insulation. The report says energy and fertiliser supply uncertainty, a possible below-normal monsoon and a weaker rupee may intensify cost-push inflation, though banking-sector stability remains strong and the Reserve Bank of India is expected to maintain liquidity support. It also outlines trade measures, including the RELIEF scheme, Advance Authorisation reforms, maritime insurance arrangements and port-related facilitation.
April 29, 2026
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Legal skilling and employability platform bridges classroom learning with courtroom practice through practical training modules.
Legal skilling and employability platform launched in Maharashtra through the Maha Bar Bench Conclave 2026, described as the State's first dedicated initiative to bridge academic legal education with practical courtroom training. The conclave featured structured training modules, hands-on practice sessions, and live participation by law students, with the stated aim of improving courtroom readiness, professional confidence, and access to practice-oriented legal learning.
April 29, 2026
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Resolution plan approval in real estate insolvency protects homebuyers and advances completion of a stalled project.
Approval of a resolution plan for Nirmal Lifestyle (Mulund) Private Limited in corporate insolvency proceedings enabled completion of a stalled real estate project and addressed claims linked to about 234 homebuyers associated with the related partnership firm and its residential project, Nirmal Olympia, at Mulund. The plan was submitted by Mantra Properties and Developers Private Limited and reportedly received unanimous approval of the Committee of Creditors.
April 29, 2026
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Energy management and sustainability certification define Sahajanand Medical Technologies' manufacturing approach, alongside an IPO disclosure and investor risk notice.
Sahajanand Medical Technologies obtained ISO 50001:2018 Energy Management System certification for its manufacturing facilities in Surat and Hyderabad, reflecting a structured approach to energy management, improved energy efficiency, environmental stewardship, and integration of sustainability into manufacturing operations. The company stated that its energy management framework supports monitoring and optimisation of energy consumption, solar-powered installations, proactive environmental management, and broader climate change mitigation efforts.
April 29, 2026
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Renewable energy expansion and climate leadership shape India's push for cleaner growth, efficiency, and global economic engagement.
India's climate policy and energy transition are presented as a combined framework of renewable energy expansion, structural power-sector reform, and international climate leadership. India is described as having achieved its renewable energy goals ahead of schedule, raised clean energy ambitions, and strengthened a unified national grid to improve transmission efficiency, lower power costs, and support large-scale renewable integration. The transition to LED lighting and broader efficiency measures are highlighted as examples of how data-driven policy and behavioural change can reduce energy use and emissions while remaining economically viable.
April 29, 2026
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Battery technology and low-carbon innovation drive CIBF 2026, highlighting energy storage, recycling and carbon footprint management.
Battery technology, energy storage and low-carbon innovation are the central themes of CIBF 2026, a large-scale international industry event in Shenzhen covering the battery value chain, advanced materials, intelligent manufacturing and circular recycling technologies. The accompanying forums address next-generation battery technology, electric aviation batteries, large-scale energy storage deployment and carbon footprint management, while highlighting green development through fuel cells, low-carbon manufacturing and recycling solutions.
April 29, 2026
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Bilateral trade cooperation deepens as India and Kenya expand market access, customs facilitation and local currency settlement talks.
Bilateral trade and economic cooperation between India and Kenya was reviewed and strengthened at the Joint Trade Committee meeting in Nairobi, with emphasis on trade diversification, market access and institutional engagement. The discussions covered trade facilitation through standardisation cooperation, exchange of pre-arrival customs information, and possible use of local currency settlement mechanisms, along with broader sectoral collaboration in engineering, pharmaceuticals, agriculture, renewable energy, digital public infrastructure, capacity building and education.
April 29, 2026
Show AI Summary
Sports-related intellectual property fee waiver promotes innovation, eases registrations, and supports creators across the sports ecosystem.
All intellectual property registrations connected with sports, including trademarks, copyrights, patents, designs, traditional knowledge and geographical indications, were announced to be exempt from fees for three years with immediate effect. The initiative was presented as a special drive to promote innovation in the sports ecosystem, along with facilitation support under existing schemes to help innovators, students, artisans and other stakeholders file and secure IP rights.
April 29, 2026
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International taxation outreach highlights tax certainty, voluntary compliance, and guidance on new tax law, rules, forms, and APA issues.
International taxation outreach was conducted to familiarise stakeholders with the new Income-tax Act, 2025, the Income-tax Rules, 2026, and the new forms, with particular emphasis on international taxation, transfer pricing, and advance pricing agreements. The programme also highlighted simplified laws, trust-based governance, decriminalisation of several provisions, timely taxpayer services, and data-driven NUDGE campaigns to encourage voluntary compliance. The outreach included brochures on safe harbour, APA, foreign tax credit, and TRC, and a demonstration of the AI-powered chatbot "Kar Sathi" for taxpayer guidance.
April 29, 2026
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Fraudulent Input Tax Credit through bogus invoices led to detection of a GST evasion network and arrest of an accused.
Fraudulent availment and utilisation of Input Tax Credit through bogus invoices was detected in a GST evasion network involving a non-functional entity that passed fake ITC without actual supply of goods or services. Investigation also identified a smartphone trading entity as the principal beneficiary, and the son of its director was found to have knowingly availed and utilised fake ITC through paper transactions, attracting contravention of Section 16 and liability under Section 132 of the CGST Act, 2017.
April 28, 2026
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Agricultural trade and innovation partnerships drive Punjab's outreach on horticulture exports, crop diversification, and research collaboration.
Punjab's investment promotion outreach to the Netherlands and Finland focused on expanding cooperation in agriculture, horticulture, industrial investment, education, research exchange, technology transfer, and startup collaboration. Discussions included the possibility of importing roses from Punjab, developing export-quality flower production, and exploring joint projects in modern agricultural techniques, sustainable farming, and high-value crops. The outreach also identified opportunities for global partnerships in innovation and agricultural development, including a proposed research and development unit and an innovation hub in Mohali.
April 28, 2026
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Corporate guarantees as financial debt and limits on blocking roads for religious activities shape the latest legal developments.
Liabilities arising from corporate guarantees constitute financial debt under the Insolvency and Bankruptcy Code, and a consortium of banks led by SBI was recognised as financial creditors. Roads cannot be blocked in the name of religious activities; while a denomination has autonomy in the manner of worship, the government may interfere where a secular activity is affected.
April 28, 2026
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Interim bail under money-laundering law requires exceptional humanitarian grounds, not general hardship or chronic family illness.
Interim bail in offences under the Prevention of Money Laundering Act must rest on compelling, immediate and exceptional humanitarian circumstances. A plea based on the deteriorating medical condition of the accused's mother was rejected because the court found no sudden or life-threatening emergency, noted that dementia is a chronic condition, and held that the materials did not show an acute crisis requiring the accused's immediate presence. The court also found that other family members were available and that alternative care arrangements had not been shown to be impossible.
April 28, 2026
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Money-laundering probe over alleged homebuyer fraud leads to provisional attachment of Raheja Developers-linked assets.
Provisional attachment of immovable properties and related assets under the Prevention of Money Laundering Act was reported in a money-laundering investigation concerning alleged fraud against homebuyers by Raheja Developers and linked entities. The Enforcement Directorate stated that the case arose from FIRs alleging cheating of homebuyers and diversion of funds collected for residential projects. The agency alleged that project funds were routed through related entities and shell companies and used for purposes unrelated to the projects, while the company denied wrongdoing and attributed delays to missing infrastructure.

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Customs, DGFT & SEZ

Union Minister of Commerce and Industry Shri Piyush Goyal Announces 3-Year Fee Waiver for Sports-Related IP Registrations on World IP Day

April 29, 2026

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Shri Piyush Goyal Felicitates J&K Ranji Team for Breakthrough Victory Over Eight-Time Champions Karnataka

Shri Piyush Goyal Highlights GI-Tagged Kashmir Willow Bat as Symbol of India’s Craftsmanship and IP Strength, Urges Global Promotion

Shri Piyush Goyal Calls for Converting Ideas into IP Assets, Underscores Sports Growth

Shri Piyush Goyal Cites India–New Zealand FTA, Calls for ‘Innovate, Patent, Produce, Prosper’ to Leverage Global Opportunities

Shri Piyush Goyal Launches Viksit Bharat Digital Matrix 2026 Design Hackathon on Smart Wearables to Boost IP-Driven Innovation

Shri Piyush Goyal Advocates Sports Manufacturing Clusters, Boost to Domestic Production and CSR-Led Infrastructure Development

Union Minister of Commerce and Industry Shri Piyush Goyal today announced that all intellectual property (IP) registrations related to sports—including trademarks, copyrights, patents, designs, traditional knowledge, and geographical indications—will be exempt from fees for a period of three years, effective immediately. . The announcement was made while addressing the World Intellectual Property Day celebrations in New Delhi, themed “IP and Sports: Ready, Set, Innovate!”.

The waiver, announced as a special drive to promote innovation in the sports ecosystem, will apply across all categories of IP. The Minister also directed that a notification be issued with immediate effect and highlighted that, in addition to the fee exemption, the government will extend facilitation support under existing schemes to assist innovators, students, artisans, and stakeholders in filing and securing IP rights, thereby easing their journey into the IP ecosystem.

The valedictory session of the programme featured the felicitation of the Jammu and Kashmir Ranji Trophy team by Shri Piyush Goyal for their historic performance. The team was honoured for securing a landmark victory after 67 years, including a notable win against an eight-time champion team, Karnataka. The achievement was highlighted as a moment of pride, reflecting the growing sporting potential of Jammu and Kashmir and serving as an inspiration for young athletes across the region.

The Minister noted that the development comes in the backdrop of sustained efforts by the Government to promote sports and create new opportunities in Jammu and Kashmir. He highlighted that increasing investments in infrastructure, coupled with expanding avenues in tourism and industry, are enabling greater participation of youth in diverse fields, including sports. The victory was described as a signal of renewed confidence and opportunity, with young athletes from the region expected to excel at national and international levels in the years ahead.

The Minister underscored the importance of the Kashmir willow cricket bat, noting that it represents India’s craftsmanship and IP strength. He highlighted that it is among the first and possibly the only sports-related product from India to have received a Geographical Indication (GI) tag, and emphasized the need to promote its manufacturing within Jammu and Kashmir to enhance its global presence.

The Minister called for the development of sports manufacturing clusters in regions such as Jammu and Kashmir, along with Meerut, highlighting their potential to emerge as key hubs in the sports goods sector. He stressed the need to significantly boost domestic production of sports goods, including bats, balls, hockey equipment, training aids, and gym equipment, to strengthen indigenous manufacturing capabilities and support local value chains.

Focusing on Jammu and Kashmir, the Minister underlined the opportunity to leverage regional strengths to develop specialised manufacturing ecosystems, particularly in sports goods, which can enhance local livelihoods and position the region more prominently in national and global markets. He also encouraged innovation in sports formats and suggested that such innovations should be examined for appropriate intellectual property protection to ensure value creation and support the broader innovation-led growth of the sports sector

The Minister urged innovators, students, and stakeholders to convert every new idea into an IP asset at the earliest and seek registration to secure ownership and value. He also highlighted the availability of government support mechanisms to assist applicants in the IP registration process.

Highlighting the economic potential of sports, Shri Goyal noted the significant growth in valuation of franchise-based cricket teams over the past 18 years, reflecting the transformational journey of sports driven by innovation and commercialization.

Referring to recent developments, Shri Goyal mentioned the signing of the India–New Zealand Free Trade Agreement and noted that both countries are also celebrating 100 years of sporting ties.

Reiterating the Government’s vision, the Minister highlighted the guiding principle of “innovate, patent, produce and prosper,” encouraging stakeholders to develop ideas, secure IP rights, scale production, and access global markets. He noted that India’s expanding network of Free Trade Agreements is opening new opportunities for Indian innovators.

In a major step towards advancing innovation at the intersection of technology, design, and intellectual property, Shri Piyush Goyal also formally launched the Viksit Bharat Digital Matrix 2026 – Design Hackathon today. Organised by DPIIT in collaboration with IIT Delhi, the six-month immersive hackathon is centred on the theme of smart wearables, focusing on the development of next-generation solutions aimed at enhancing everyday living, performance, and holistic wellness.

The initiative underscores the growing convergence of advanced technology and user-centric design, encouraging participants to develop smart wearable prototypes that are both functionally sophisticated and aesthetically refined for everyday use. By promoting innovations that can be protected through patents and design rights, the hackathon reinforces India’s commitment to an IP-driven innovation ecosystem and enables young innovators to translate creative ideas into practical, real-world applications.

The Minister also highlighted India’s expanding sporting ambitions, including the inclusion of cricket in the Olympics and India’s bid to host the 2036 Olympic Games. He encouraged greater participation of youth, including from Jammu and Kashmir, in international sporting platforms.

Emphasizing that sports is both a tool for physical well-being and an important economic activity, the Minister highlighted the growing scale of sports viewership and its economic dimensions. He also noted the rapid adoption of new sports and formats in India.

Referring to the Sports Policy 2025, Shri Goyal highlighted efforts to strengthen sports infrastructure, promote sports at the school level, and ensure equal opportunities for youth across the country. He also cited past initiatives, including the establishment of a sports academy in Ranchi to nurture talent from tribal communities.

He urged greater utilisation of Corporate Social Responsibility (CSR) funds for sports development, including the creation of open gym facilities across the country and expansion of infrastructure to remote areas.

Cautioning sportspersons and influencers, Shri Goyal advised responsible endorsement practices, particularly in areas such as nutrition and supplements, to avoid misleading advertising.

The programme also incorporated interactive elements, including a sports IP quiz, a workshop on sports advertising and endorsements, and an interactive forum on the “Future of IP & Sports” with participation from international IP offices. The Sports Innovation Arena showcased advancements in sports technology, manufacturing, and esports.

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