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    April 28, 2026
    Netherlands to explore possibility of importing roses from Punjab: CM Mann
    April 28, 2026
    HIGHLIGHTS
    April 28, 2026
    Delhi court rejects I-PAC director Vinesh Chandel's plea for interim bail
    April 28, 2026
    Homebuyers 'fraud': ED attaches Raheja Developers' assets worth over Rs 1,110 crore
    April 28, 2026
    Pan masala: FSSAI moots replacing plastic packaging with eco-friendly materials
    April 28, 2026
    SC holds SBI-led consortium of banks as financial creditors in Reliance Infratel case
    April 28, 2026
    Markets on Wall Street are mixed as oil prices soar, lifting energy company stocks
    April 28, 2026
    Bandhan Bank Q4 PAT jumps 68pc YoY to Rs 534 crore
    April 28, 2026
    India’s intelligent living market signals growth as Smart Home Expo 2026 opens today
    April 28, 2026
    ED attaches Anil Ambani's Mumbai flat, son's Khandala farmhouse in case against RCOM
    April 28, 2026
    Centre for Trade and Investment Law (CTIL) Organises Symposium on Carbon Governance and Global Justice: Reconciling Trade Competitiveness and Climate ...
    April 28, 2026
    Centre for Trade and Investment Law and South Asia International Economic Law Network Organise Virtual Trade Talk on Future of Multilateral Trade Gove...
    April 28, 2026
    IICA concludes first assessment of Arbitrator Qualifying Assessment Program (AQAP), aims to create a cadre of world-class Arbitrators for Viksit Bhara...
    April 28, 2026
    Stock markets decline amid surging oil prices, foreign fund outflows
    April 28, 2026
    Lord’s Mark Secures Global Milestone in HIV Diagnostics, Joins Elite Group of Nine Worldwide
    April 28, 2026
    Union Minister of Commerce and Industry Shri Piyush Goyal and New Zealand’s Minister for Trade and Investment Hon. Todd McClay sign the landmark Ind...
    April 28, 2026
    Nirmala Sitharaman inaugurates Gems and Jewellery Institute campus in Udupi
    April 28, 2026
    FTA to help India’s engineering exports to New Zealand double to USD 280-300 mn in five years
    April 28, 2026
    Union Minister of Commerce and Industry Shri Piyush Goyal Chairs Meeting with Export Promotion Councils and Industry to Strengthen Export Ecosystem Po...
    April 28, 2026
    AI, IndiGo, SpiceJet seek ATF price relief; say airline industry on verge of 'stopping operations'
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April 28, 2026
Netherlands to explore possibility of importing roses from Punjab: CM Mann
Show AI Summary
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
HIGHLIGHTS
Show AI Summary
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
Delhi court rejects I-PAC director Vinesh Chandel's plea for interim bail
Show AI Summary
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
Homebuyers 'fraud': ED attaches Raheja Developers' assets worth over Rs 1,110 crore
Show AI Summary
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.
April 28, 2026
Pan masala: FSSAI moots replacing plastic packaging with eco-friendly materials
Show AI Summary
Plastic-free packaging norms proposed for pan masala, gutkha and tobacco with eco-friendly material options.
Food safety packaging regulations are proposed to be amended to expand the range of suggestive packaging materials for pan masala by including naturally derived and eco-friendly options such as paper, paperboard, cellulose and similar materials. The draft amendment states that packaging for gutkha, pan masala and tobacco in all forms should be free from plastic, including vinyl acetate-maleic acid-vinyl chloride copolymer, and that plastic sachets should not be used for storing, packing or selling those products.
April 28, 2026
SC holds SBI-led consortium of banks as financial creditors in Reliance Infratel case
Show AI Summary
Corporate guarantees as financial debt under insolvency law protect lender claims despite stamping and disclosure objections.
Liabilities arising from corporate guarantees executed by the corporate debtor constitute financial debt under the Insolvency and Bankruptcy Code where the guarantee secures money borrowed against interest. The guarantor's liability is co-extensive with that of the principal borrower, and a consortium of banks relying on such guarantees is entitled to be recognised as financial creditors in the insolvency process. Improper stamping does not render the instrument void, and non-disclosure in financial statements does not extinguish the lender's substantive right to claim the debt.
April 28, 2026
Markets on Wall Street are mixed as oil prices soar, lifting energy company stocks
Show AI Summary
Inflation concerns and rising oil prices keep central banks cautious as energy stocks gain and markets trade mixed.
Global markets traded mixed as rising oil prices and stalled diplomatic efforts over the Iran war lifted energy stocks and intensified inflation concerns. Brent and US crude advanced sharply, and major energy companies gained after stronger profit results. Central banks were expected to remain cautious, with the Federal Reserve likely to hold rates steady and the Bank of Japan keeping its policy rate unchanged while monitoring the impact of Middle East developments on the economy.
April 28, 2026
Bandhan Bank Q4 PAT jumps 68pc YoY to Rs 534 crore
Show AI Summary
Retail banking-led profitability improves as Bandhan Bank reports stronger quarterly earnings and better asset quality
Bandhan Bank reported a sharp year-on-year rise in quarterly net profit, driven mainly by stronger retail banking and treasury performance and improved asset quality. Retail banking returned to profit, treasury income stayed robust, and these gains offset wholesale banking losses. Better collection efficiency, stabilisation of the microfinance-led portfolio, and a shift toward secured lending supported profitability. Asset quality strengthened as gross and net NPAs declined, while lower slippages and improved recoveries reduced stress despite continued provisions. Advances and deposits grew, the secured-loan share increased, and net interest income and total income also rose.
April 28, 2026
India’s intelligent living market signals growth as Smart Home Expo 2026 opens today
Show AI Summary
Smart home automation drives India's connected living market as Expo 2026 showcases design-led technology and integrated solutions.
Smart Home Expo 2026 opened in Mumbai as a trade platform showcasing India's smart living ecosystem, with emphasis on home automation, intelligent lighting, immersive audio-visual systems, energy management and smart security solutions. The event brings together more than 450 brands and over 8,000 products, and is presented as a forum for knowledge exchange, collaboration and business opportunities across the architecture, interior design and technology sectors.
April 28, 2026
ED attaches Anil Ambani's Mumbai flat, son's Khandala farmhouse in case against RCOM
Show AI Summary
Money laundering attachment under PMLA targets family-linked assets in the Reliance Communications bank fraud probe.
Provisional attachment under the Prevention of Money Laundering Act was made in a bank fraud-linked money laundering investigation involving Reliance Communications and related entities. The Enforcement Directorate attached a Mumbai flat, a Khandala farmhouse, a land parcel and shares of Reliance Infrastructure Ltd through a group entity, stating that the action was intended to prevent dissipation of assets and protect the interests of banks and the public. The agency also referred to restitution of assets to the victims under the PMLA.
April 28, 2026
Centre for Trade and Investment Law (CTIL) Organises Symposium on Carbon Governance and Global Justice: Reconciling Trade Competitiveness and Climate Responsibility
Show AI Summary
Carbon border adjustment mechanisms and climate justice shaped discussions on balancing trade competitiveness with climate responsibility.
Carbon governance and climate justice were examined through an international symposium on trade competitiveness and climate responsibility, jointly organised by CTIL and CITIL at DNLU, Jabalpur. The discussions centred on the legal, ethical and economic dimensions of carbon pricing mechanisms, carbon border adjustment mechanisms and other climate-linked trade instruments, with emphasis on balancing climate action with trade competitiveness and on equitable climate outcomes in developing countries.
April 28, 2026
Centre for Trade and Investment Law and South Asia International Economic Law Network Organise Virtual Trade Talk on Future of Multilateral Trade Governance and Role of World Trade Organization
Show AI Summary
Multilateral trade governance faces pressure as WTO dispute settlement, consensus decision-making, and special treatment for developing countries are reassessed.
Multilateral trade governance is being reshaped by geopolitical contestation, technological change, and economic imbalances, with the World Trade Organization's future role assessed in light of these pressures. The discussion examined the WTO's core functions of monitoring, negotiation, and dispute settlement, and noted that monitoring through committees and trade policy reviews remains active while negotiations face persistent difficulty. The dispute settlement system was described as impaired by the continued non-functionality of the Appellate Body, with interim arrangements providing only partial solutions.
April 28, 2026
IICA concludes first assessment of Arbitrator Qualifying Assessment Program (AQAP), aims to create a cadre of world-class Arbitrators for Viksit Bharat
Show AI Summary
Arbitrator qualification and arbitration training gain momentum as India builds a globally benchmarked dispute resolution ecosystem.
The Indian Institute of Corporate Affairs completed the first in-person assessment cycle of its Arbitrator Qualifying Assessment Program, a three-tier certification process designed to develop professionally trained, globally benchmarked arbitrators. The programme is part of a broader effort to strengthen India's arbitration ecosystem, improve the credibility and efficiency of arbitration as a dispute resolution mechanism, and build a pool of world-class arbitrators and mediators at global standards.
April 28, 2026
Stock markets decline amid surging oil prices, foreign fund outflows
Show AI Summary
Expected Credit Loss framework to raise bank provisioning as markets slip on crude price surge and foreign outflows.
Indian equity markets declined as surging crude oil prices, foreign institutional investor outflows and persistent geopolitical uncertainty weakened sentiment across benchmark indices and sectoral stocks. Banking, financial and auto shares led the fall, while energy, commodities, telecom, utilities, metal and oil and gas counters showed resilience in selective trading. The Reserve Bank of India has finalised implementation of the Expected Credit Loss framework from April 2027, replacing the incurred loss model with a forward-looking system for earlier recognition of credit risk and ongoing monitoring.
April 28, 2026
Lord’s Mark Secures Global Milestone in HIV Diagnostics, Joins Elite Group of Nine Worldwide
Show AI Summary
Export approval for Class D HIV self-test highlights regulated private diagnostics and expansion into global healthcare markets.
Approval has been granted for the manufacture and export of a Class D in-vitro diagnostic HIV 1&2 self-test under the Medical Devices Rules, 2017. The product is designed for private use and uses rapid lateral flow immunoassay technology with a finger-prick blood sample to detect HIV-1 and HIV-2 antibodies without laboratory infrastructure. The approval is for export markets only and is not intended for domestic commercial distribution in India.
April 28, 2026
Union Minister of Commerce and Industry Shri Piyush Goyal and New Zealand’s Minister for Trade and Investment Hon. Todd McClay sign the landmark India–New Zealand Free Trade Agreement
Show AI Summary
Free trade agreement expands duty-free market access, services mobility, and investment cooperation between India and New Zealand.
India and New Zealand signed a Free Trade Agreement providing duty-free access for 100% of India's exports to New Zealand on entry into force, while India liberalised market access on 70.03% of tariff lines covering 95% of bilateral trade and retained exclusions for sensitive sectors such as dairy and specified agricultural products. The agreement expands services, mobility, and investment commitments, including a temporary employment entry visa pathway, post-study work rights, and a USD 20 billion investment commitment. It also strengthens trade facilitation, rules of origin, customs modernisation, safeguard measures, regulatory cooperation, and cooperation on intellectual property, agriculture, organic trade, and AYUSH.
April 28, 2026
Nirmala Sitharaman inaugurates Gems and Jewellery Institute campus in Udupi
Show AI Summary
Gems and jewellery skill development gains momentum with affordable training, entrepreneurship support, and lab-grown diamond certification.
Professional training in gems and jewellery was presented as a driver of industry-relevant skills, entrepreneurship, and export-linked livelihoods, with the Udupi institute described as a model public-private partnership offering affordable courses and advanced facilities. An MoU between the Indian Institute of Gems & Jewellery and IIT Madras under the InCent LGD platform will support a specialised certification programme in lab-grown diamond technologies, aimed at bridging skill gaps, creating job-ready professionals, and strengthening India's lab-grown diamond value chain.
April 28, 2026
FTA to help India’s engineering exports to New Zealand double to USD 280-300 mn in five years
Show AI Summary
Zero-duty market access through a free trade agreement is expected to boost India's engineering exports to New Zealand.
A free trade agreement with New Zealand provides zero-duty market access for Indian goods and is expected to support a substantial increase in India's engineering exports over the next five years. The arrangement is described as lowering trade barriers and giving exporters, particularly MSMEs, more stable access to a relatively small but high-potential market. The agreement is presented as part of a broader trade strategy in which free trade pacts are used to expand export opportunities, diversify markets, and strengthen the engineering sector's longer-term export target.
April 28, 2026
Union Minister of Commerce and Industry Shri Piyush Goyal Chairs Meeting with Export Promotion Councils and Industry to Strengthen Export Ecosystem Post India–New Zealand FTA Signing
Show AI Summary
Free trade agreements and export reform measures drive India's push to expand markets, MSMEs and export growth.
Strengthening India's export ecosystem through free trade agreement utilisation, export reform measures and closer government-industry coordination was discussed in a meeting chaired by the Union Minister of Commerce and Industry with export promotion councils and industry bodies. The discussion focused on using existing and newly signed FTAs to expand market access, raise export performance and support the goal of reaching USD 2 trillion in exports by 2030 under the Viksit Bharat vision. The minister also emphasised the need to widen the exporter base, especially by bringing more MSMEs into the export chain and improving access to new and existing markets.
April 28, 2026
AI, IndiGo, SpiceJet seek ATF price relief; say airline industry on verge of 'stopping operations'
Show AI Summary
Aviation turbine fuel pricing relief sought as airlines warn rising costs are making operations unsustainable.
Airlines sought urgent revision of aviation turbine fuel pricing and temporary financial support, saying extreme fuel costs, airspace restrictions and the crude-ATF differential were making both domestic and international operations unsustainable. The federation requested uniform use of the earlier crack band pricing mechanism, deferment of excise duty on ATF and a transparent pricing framework that would keep operations viable while preserving a fair margin for oil marketing companies.

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SUPREME COURT HIGHLIGHTS

April 30, 2026

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New Delhi, Apr 30 (PTI) Following are the top Supreme Court stories for Thursday: LGD27 SC-PREGNANCY-LD TERMINATION (1.02 PM)

A child cannot be forced to bear a pregnancy, the Supreme Court said on Thursday while pulling up the Centre and asking it to amend the law to permit rape survivors to terminate unwanted pregnancies even beyond 20 weeks.

LGD36 SC-LD KHERA (5.09 PM)

Senior Congress leader Pawan Khera on Thursday likened Assam Chief Minister Himanta Biswa Sarma to a "constitutional cowboy or a Rambo" in the Supreme Court for his alleged remarks against him in relation to a criminal case.

LGD30 SC-ADAG-PROBE (2.24 PM)

The Supreme Court on Thursday deferred to May 8 the hearing on a PIL alleging large-scale banking fraud involving the Anil Dhirubhai Ambani Group and its firms.

LGD32 SC-AIRFARES (3.41 PM)

The Supreme Court on Thursday pulled up the Centre for not filing its affidavit on a petition which sought regulatory guidelines to control the "unpredictable fluctuations" in airfare and ancillary charges imposed by private airlines in India.

LGD37 SC-DISPUTE-MEDIATOR (5.33 PM)

The Supreme Court on Thursday appointed former chief justice of India Sanjiv Khanna as sole mediator to resolve a dispute involving prominent businessman Ashokbhai Haribhai Gajera and others in a case linked to textile market projects at Surat.

LGD31 SC-RETIRAL BENEFITS (2.41 PM)

Coming to the rescue of a senior citizen suffering from cancer, the Supreme Court on Thursday asked the Allahabad High Court to grant an urgent hearing to his plea regarding pension and post-retiral benefits that has been pending for the last nine years.

LGD19 SC-LAND DISPUTES (12.17 PM)

The Supreme Court on Thursday sought responses from the Centre and others on a PIL seeking directions to establish a revenue judicial service, and prescribe minimum legal qualification and training module for public servants adjudicating land disputes.

LGD26 SC-NOIDA COURT-STRIKE (12.57 PM)

Taking note of the repeated strikes at the Gautam Buddha Nagar district court, the Supreme Court on Thursday asked the committee of judges at the Allahabad High Court to take action against Bar Association officials on receipt of a report from the district judge.

LGD45 SC-ADVOCATE-POST (6.34 PM)

Taking strong note of an objectionable social media post by a lawyer on women's quota in bar bodies, the Supreme Court on Thursday initiated suo motu criminal contempt proceedings against him, asking why his licence to practise law not be revoked.

LGD34 SC-AOR (4.42 PM)

The Supreme Court decided on Thursday that the Advocates-on-Record Examination shall not be conducted in 2026, keeping in view the overall strength of the AoRs.

LGD29 SC-NCLT (2.07 PM)

Terming the situation "grim", the Supreme Court has taken suo motu cognisance of the delay in approval of resolution plans by the National Company Law Tribunal (NCLT) benches.

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