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    Flash Report on Central Sector Infrastructure Projects worth ₹150 crore and above
    TCS case: Male employee 'forced to wear skull cap, perform Namaz', says fresh remand plea
    RBI cancels banking licence of Paytm Payments Bank
    India, US make positive progress in trade talks; both sides to remain engaged
    Conclave on “IBC at Ten: Innovation, Reform and Emerging Challenges”
    Visit of Indian delegation for discussions on Bilateral Trade Agreement (BTA) between India-United States (U.S.) from 20th-23rd April 2026 at Washingt...
    Forex reserves jump USD 2.362 bln to USD 703.308 bln
    India, US agree to remain engaged on trade pact: Govt
    Consumption sustaining growth; predictable support essential for GDP expansion: FM
    Revenue crosses $20 billion mark with resilient growth of 3.1% in FY 26 in constant currency
    India Must Move Beyond Financial Inclusion to Financial Maturity, Says FMI Study
    Union Minister of State for Commerce & Industry Shri Jitin Prasada Concludes Official Visit to the Czech Republic to Strengthen Bilateral Economic Coo...
    Rs 145 cr FD 'fraud': ED raids over 10 locations in Haryana, Punjab
    Indian eco remains stable despite West Asia conflict pushing energy prices, input costs higher: RBI bulletin
    FM meets heads of banks on AI risks following concerns over Anthropic's Mythos
    West Asia conflict, supply chain disruptions may create challenges to economy: RBI bulletin
    RBI issues Draft Master Direction on Prepaid Payment Instruments (PPIs), 2026
    Zen Mobility and Delhivery Announce EV Partnership for Pan-India Deployment
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April 25, 2026
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Infrastructure project monitoring through PAIMANA tracks ongoing central sector works, sectoral progress, and ministry-wise implementation trends.
Central Sector infrastructure projects worth Rs.150 crore and above are monitored through the PAIMANA portal, a centralized web-based system based on the "one data, one entry" principle and linked with DPIIT's IPMP portal through APIs. As of March 2026, PAIMANA tracks 1,941 ongoing projects across 17 Central Ministries/Departments with a revised cost of Rs.41.50 lakh crore and cumulative expenditure of Rs.19.93 lakh crore. The report records substantial project progress, sector-wise distribution led by Transport & Logistics, and ministry-wise monitoring across major infrastructure portfolios.
April 24, 2026
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Forcible conversion and religious intimidation allegations arise from workplace harassment claims at a software company's BPO unit.
Police sought fresh custody of four accused in a case involving allegations of sexual harassment, forcible conversion, outraging religious feelings and criminal intimidation at a software company's Nashik BPO unit. The complainant alleged that the accused targeted his religious beliefs, forced him to wear a Muslim skull cap, perform Namaz and consume non-vegetarian food, and circulated the incident on an employee WhatsApp group. The remand material also referred to obscene remarks, work coercion, fabricated reports, physical intimidation and death threats.
April 24, 2026
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Banking licence cancellation over depositor protection concerns leads to prohibition on banking business and winding up action.
The Reserve Bank of India cancelled the banking licence issued to Paytm Payments Bank because its affairs were conducted in a manner detrimental to the interests of the bank, its depositors, and the public interest. The bank's management was said to be prejudicial to depositor protection and public interest. As a consequence, the bank is prohibited from conducting any banking business, and the RBI stated that it will apply to the High Court for winding up. The bank was also barred from onboarding new customers with effect from March 11, 2022.
April 24, 2026
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Bilateral trade agreement talks advance as India and the United States revisit tariffs, market access, and trade facilitation terms.
Trade talks between India and the United States on the first phase of a bilateral trade agreement have made positive progress, with both sides agreeing to remain engaged as discussions continue. The negotiations covered market access, non-tariff measures, technical barriers to trade, customs and trade facilitation, investment promotion, economic security alignment and digital trade, while the agreement framework is being revisited in light of changed tariff conditions in the United States. The report also notes that the US Trade Representative launched unilateral investigations affecting India under Section 301 of trade law, which India has strongly rejected and sought to have terminated for lack of cogent rationale.
April 24, 2026
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Insolvency and bankruptcy reform discussions spotlight emerging challenges, institutional strengthening, and value maximisation across the insolvency ecosystem.
A conclave on the Insolvency and Bankruptcy Code, 2016 marked the Code's tenth year by bringing together judicial members, regulators, insolvency professionals and other stakeholders to reflect on the evolution of India's insolvency regime. The discussions highlighted institutional strengthening, regulatory and judicial developments, and emerging issues such as enforcement and restitution of attached assets in CIRP, aviation insolvency, real estate insolvency, disciplinary frameworks and stakeholder synchronisation for value maximisation.
April 24, 2026
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Bilateral trade agreement talks advance as India and the United States discuss market access, digital trade, and customs facilitation.
India and the United States advanced discussions on a proposed Interim Agreement within the broader India-U.S. Bilateral Trade Agreement framework. An Indian delegation visited Washington, D.C. to refine the terms of the Interim Agreement and continue negotiations on market access, non-tariff measures, technical barriers to trade, customs and trade facilitation, investment promotion, economic security alignment, and digital trade.
April 24, 2026
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Foreign exchange reserves rise as RBI data shows gains in currency assets, gold holdings, and IMF reserve position.
India's foreign exchange reserves increased during the reporting week, with the Reserve Bank of India attributing the movement to changes in foreign currency assets, gold holdings, Special Drawing Rights, and the reserve position with the IMF. The report also notes that reserves had previously fallen after reaching an all-time high, as geopolitical uncertainty weighed on the rupee and prompted intervention in the forex market through dollar sales. Foreign currency assets rose in dollar terms, reflecting currency movements in the reserve portfolio.
April 24, 2026
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Trade agreement negotiations advance as India and the United States keep engaged on market access and digital trade issues.
India and the United States continued discussions on an interim trade agreement and the broader bilateral trade agreement framework, with both sides agreeing to remain engaged to preserve negotiation momentum. The talks covered market access, non-tariff measures, technical barriers to trade, customs and trade facilitation, investment promotion, economic security alignment and digital trade.
April 24, 2026
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Domestic consumption and predictable policy support remain central to sustaining GDP growth and banking sector adjustment.
Domestic consumption is supporting economic growth, and predictable policy support is said to be necessary to sustain GDP expansion. Banking policy issues include whether third-party products should be sold through exclusive tie-ups or an open architecture approach, with the Indian Banks Association examining the question. The remarks also emphasise customer contact, digitalisation, artificial intelligence coordination among banks, and continued disinvestment of IDBI Bank.
April 24, 2026
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Income tax provisions and labour code adjustments shaped the company's reported results, adjusted margins, and cash flow measures.
The financial statements and notes record an income tax expense position that includes reversal of tax provisions pursuant to orders received under sections 250 and 254 of the Income Tax Act, 1961 for certain assessment years. The notes also explain non-IFRS adjustments arising from the Labour Codes notified by the Government of India, which increased gratuity and leave liabilities and affected adjusted operating profit, tax, EPS, and free cash flow measures.
April 24, 2026
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Financial maturity beyond inclusion highlights gaps in household capability, resilience, and informed financial decision-making.
Financial maturity is identified as the next critical frontier beyond financial inclusion in India, with the Financial Maturity Index presenting a multidimensional assessment of household financial capability across Gujarat and Rajasthan. The study measures not only access to financial services, but also knowledge, behaviour, resilience, decision-making, and social context, showing that participation in formal finance does not necessarily produce informed financial conduct. The Index is built from primary survey data and statistical methods, and is presented as a basis for evidence-based policy and institutional alignment focused on capability, behaviour, and financial outcomes.
April 24, 2026
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Bilateral economic cooperation deepens as India and the Czech Republic expand trade, investment, innovation and industrial collaboration.
India's economic engagement with the Czech Republic was advanced through a ministerial visit focused on strengthening bilateral trade, investment and innovation linkages, with emphasis on industrial collaboration in priority sectors. The visit included bilateral discussions with senior Czech leadership, co-chairing of the 13th session of the India-Czech Republic Joint Commission for Economic Cooperation, and the signing of the session protocol. It also involved the India-Czech Business Forum and visits to industrial, technology and research institutions.
April 23, 2026
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Money-laundering investigation over forged authorisations and diverted municipal deposits exposes alleged nexus among officials and private persons.
Money-laundering searches were conducted in an alleged fraud involving municipal fixed deposits, where funds of the Panchkula Municipal Corporation were said to have been diverted through forged and fake authorisation documents. The investigation concerns unauthorised bank accounts, fake fund-migration letters, and transfer of corporation funds to financiers, private persons and real estate entities, with seized documents and allegations of a criminal nexus among municipal, bank and private persons.
April 23, 2026
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Supply chain disruptions and energy cost pressures test Indian economic resilience amid West Asia conflict.
Indian economy remains resilient despite the West Asia conflict driving up energy prices, input costs and supply chain pressures, while inflation continues within the tolerance band. The article warns that prolonged conflict and delayed restoration of supply chains may raise energy costs, disrupt trade flows and create financial market spillovers, and it notes the need to watch for possible second-round effects if the supply shock passes into broader demand-side pressures.
April 23, 2026
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Artificial intelligence cybersecurity risks prompt banks to strengthen financial systems, data protection, and customer fund security.
Artificial intelligence-related cybersecurity risks in the financial sector were discussed in a meeting between the Finance Minister and heads of banks, with participation of the Reserve Bank of India and the Ministry of Electronics and Information Technology. The discussion focused on the need for banks to take pre-emptive measures to secure systems, customer data and funds in light of global concerns raised by Anthropic's Mythos model, which has been reported to identify and exploit vulnerabilities in operating systems and browsers and to present potential misuse risks. The ministry and the RBI are examining the extent of risk faced by the Indian financial sector and assessing safeguards at their end.
April 23, 2026
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Supply chain disruptions and West Asia conflict raise inflation and growth risks for the domestic economy.
Persistent conflict in West Asia and continuing supply chain disruptions are identified as risks to the domestic economy through higher energy costs, input cost pressures, trade flow interruptions and financial market spillovers. The inflation and growth outlook is described as vulnerable to the intensity and duration of the conflict, particularly where energy and other infrastructure are damaged. Although inflation remains within the tolerance band, upside risks have increased because of supply-side disruptions and weather-related uncertainties.
April 23, 2026
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Prepaid Payment Instruments framework revised through draft direction aimed at stronger transaction security and long-term growth.
The Reserve Bank has released a draft Master Direction on Prepaid Payment Instruments after reviewing the existing guidelines, aiming to support long-term growth of PPIs and enhance transaction security. Regulated entities, members of the public and other stakeholders may submit feedback through the designated online regulatory channel within the consultation period.
April 23, 2026
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Electric vehicle logistics partnership expands pan-India delivery operations with lower costs, higher uptime, and sustainability focus.
Zen Mobility and Delhivery entered into a Memorandum of Understanding for a long-term partnership to deploy purpose-built electric vehicles across India over the next 3-5 years. The rollout covers electric two-wheelers, three-wheelers and four-wheelers customised to city-wise and route-wise logistics needs across Tier 1, Tier 2 and Tier 3 cities. Zen Flo will support deployment and fleet operations, while the arrangement is presented as reducing last-mile logistics costs, improving vehicle uptime and advancing lower-carbon delivery operations.
April 23, 2026
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Secure AI adoption on sovereign cloud through a partnership focused on compliance, governance, and enterprise resilience.
PixerLens and Tata Consultancy Services announced a strategic partnership to deploy PixerLens' AI platform on the TCS SovereignSecure Cloud as a joint enterprise offering. The collaboration focuses on AI-powered application intelligence for vulnerability management, application performance, quality, security, audit readiness, compliance, and operational resilience. It also emphasises secure AI adoption within a cloud environment designed to maintain data sovereignty, security, regulatory compliance, governance, visibility, and resilience.
April 23, 2026
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Invoice Management System offline tool streamlines GST invoice actions, validation, and JSON upload for taxpayer compliance.
The GST Invoice Management System has been supplemented with an Excel-based offline tool to improve taxpayer convenience and ease of compliance. The utility enables recipient taxpayers to act on invoice records uploaded through GSTR-1, GSTR-1A, or IFF by accepting, rejecting, or keeping them pending, and to handle individual as well as bulk invoices efficiently. The offline process requires downloading IMS data in JSON format, opening it in the tool, taking the required action, validating the sheet, and generating a JSON file for upload back to the GST portal.

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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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