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    Govt hikes windfall tax on diesel to Rs 55.5/litre, ATF to Rs 42/litre
    Our fisheries exports have risen from Rs 60,000 cr to Rs 68,000 cr after US tariffs: MoS Baghel
    LG warns of asset seizure, Aadhaar cancellation, other lifetime penalties for drug smugglers in J-K
    Ladakh secures distinct Aadhaar identity, 'J-K' tag removed
    OPPO F33: Everything to Know About the Most Feature-Rich F-Series Phone Yet
    Homebuyers 'fraud' case: ED seizes over Rs 6 crore cash during raids against Delhi realty company
    India’s Online Degree Market Expected to Grow Rapidly by 2030: Insights from TrainingsKart
    Pre-deposit Percentage in the GST Portal
    MoSPI Breaks New Ground: First-Ever Deep Dive into Unincorporated Construction Sector in Decades
    Union Minister of Commerce and Industry Shri Piyush Goyal Holds Meeting with Kuwaiti counterpart H.E. Mr.Osama Khaled Boodai
    Union Minister of Commerce and Industry Shri Piyush Goyal Holds Meeting with H.E. Jasem Mohamed Al Budaiwi, GCC Secretary General
    Union Minister of Commerce and Industry Shri Piyush Goyal Holds Meeting with H.E. Mr. Abdulla Bin Adel Fakhro, Minister of Industry and Commerce, Bahr...
    Shri Anand Kumar Pal assumes charge as Chief Adviser (Cost) in the Department of Expenditure, Ministry of Finance, w.e.f. 10th April, 2026
    Gap between rich and poor nations growing even wider: UN report
    Foreign Secretary Misri wraps up US visit with talks to deepen nuclear ties, explore LPG exports
    Mexican judge rules in favour of plaintiffs in 2018 Cuba plane crash that killed 112
    9th Meeting of National Traders’ Welfare Board Held in New Delhi
    Department of Commerce and Ministry of Ports, Shipping and Waterways Hold High-Level Meetings to Address Packaging, Logistics and Shipping Challenges ...
    Markets rebound 1 pc on buying in financial counters, rally in global peers; Sensex jumps 900 pts
    IDPIC Appoints K. S. Raju as MD & CEO to Strengthen Digital Payment Fraud Intelligence
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April 11, 2026
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Windfall tax on diesel and aviation fuel rises to curb export gains and support domestic supply.
Export duty, described as a windfall tax, was increased immediately on diesel and aviation turbine fuel to raise domestic availability of these fuels and prevent exporters from benefiting from widened global price differences during the West Asia conflict. The duty on petrol remained nil. The revised duty structure replaced earlier lower rates imposed on diesel and ATF, with the new rates taking effect at once under the finance ministry notification.
April 11, 2026
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Fisheries exports grow through market diversification after tariff pressure, with new overseas demand supporting a higher export target.
Fisheries exports increased after US tariff measures as exporters and officials expanded sales into new overseas markets. The growth is linked to diversification into Europe, Latin America, the Middle East and Asia, with prawns, tuna and other fish varieties among the principal exports. The government has also set a higher medium-term export target and is supporting the sector through ministry-level market outreach and other initiatives to strengthen fisheries, animal husbandry and dairy development.
April 11, 2026
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Drug trafficking crackdown expands with asset seizure, document cancellation, account freezes, and swift enforcement measures.
Asset confiscation, attachment of property, freezing of bank accounts, and cancellation of identity and travel documents were announced as part of a crackdown on drug trafficking. New standard operating procedures authorise revocation of passports, driving licences, Aadhaar numbers and arms licences, immediate issuance of a Look Out Circular for absconding offenders, and financial investigations against traffickers.
April 11, 2026
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Aadhaar identity update restores Ladakh's distinct regional record and removes individual correction hurdles for residents.
Aadhaar records of Ladakh residents were centrally updated to replace the earlier "Jammu and Kashmir" entry in the State field with "Ladakh", reflecting the Union territory's post-reorganisation identity in official records. The updation mechanism was implemented without requiring individual residents to visit Aadhaar centres, using Ladakh-specific PIN codes verified with the Department of Posts and shared with UIDAI for central processing. Residents can download updated e-Aadhaar from the UIDAI portal and order a PVC Aadhaar card online if desired.
April 11, 2026
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Smartphone launch financing and EMI purchases shape OPPO F33 availability with expected premium features and flexible repayment.
OPPO announced the forthcoming launch of the OPPO F33 5G and OPPO F33 Pro, with reported specifications including a 6.57-inch AMOLED display, MediaTek Dimensity 6360 Max chipset, 7,000 mAh battery, 80W fast charging and IP69K protection. The purchase model highlighted for the smartphones includes Easy EMI financing through Bajaj Finserv partner stores, with instalment-based repayment, zero down payment offers on select models and instant approvals. Bajaj Finance Limited is identified as a registered deposit-taking NBFC engaged in lending and acceptance of deposits.
April 11, 2026
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Money laundering investigation targets real estate fraud allegations, asset seizure, and diversion of homebuyer funds in insolvency-linked case
Action under the Prevention of Money Laundering Act was initiated against a Delhi-based real estate company and its former directors, promoters and associated entities in connection with allegations of defrauding homebuyers. Searches were carried out at multiple premises in Delhi and Gurugram in the course of a money-laundering investigation linked to police and fraud-investigation complaints, while the company was stated to have been undergoing corporate insolvency resolution proceedings since 2018. During the searches, cash, jewellery, silver bullion and luxury watches were seized, and the stated allegations include diversion of funds toward land acquisition or shell companies.
April 11, 2026
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UGC-approved online degrees gain wider acceptance as India's flexible higher education market expands toward 2030.
India's online degree market is projected to expand strongly by 2030, driven by demand for flexible, career-oriented higher education, wider e-learning adoption, and supportive policy conditions. UGC-approved online degrees are described as carrying recognition comparable to regular degrees, while online MBA, BBA, MCA, and BCA programmes lead growth in management and technology streams across metropolitan and smaller cities.
April 11, 2026
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GST appeal pre-deposit field made editable to address payment mismatches in Form APL-01 filings.
While filing an appeal in Form APL-01 on the GST portal, the pre-deposit percentage was earlier auto-populated at 10% under Section 107(6) of the CGST Act, 2017 and was not editable, creating difficulty where the pre-deposit had already been paid through other means or the demand amount was incorrectly reflected under the relevant head. GSTN has made the pre-deposit field editable from April 6, 2026, so that taxpayers may modify the pre-deposit percentage according to the facts of their case and calculate and pay the required amount while submitting the appeal.
April 11, 2026
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Unincorporated construction sector survey maps household construction, employment, financing, and value added across the economy.
Pilot study on construction activities in the unincorporated sector and household own-account construction estimates key economic indicators for unincorporated construction establishments and households over a 365-day reference period. The study covers market and non-market establishments, employment, fixed assets, outstanding loans, expenditure, receipts, and financing sources, and was used as an input for revised national accounts estimates. It also records the sampling design, coverage thresholds, sample size, and computer-assisted personal interviewing used in data collection.
April 11, 2026
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Dialogue and diplomacy guide India-Kuwait efforts to restore energy supplies, trade flows, and supply chain stability.
India and Kuwait reaffirmed the primacy of dialogue and diplomacy in addressing regional conflict and in restoring stability to energy supplies and trade flows. The discussion also focused on strengthening the India-Kuwait strategic partnership through trade and commerce, greater economic cooperation, shared prosperity, and assistance in addressing supply chain disruptions, particularly in relation to Kuwait's food security.
April 11, 2026
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Supply chain resilience and regional stability guide India-GCC efforts to deepen economic cooperation and smooth trade flows.
India and the Gulf Cooperation Council reaffirmed support for regional stability, mutual dialogue, and supply chain resilience in their economic and commercial relationship. The discussion highlighted coordinated efforts to ensure smooth trade flows, strengthen logistics, explore alternate routes, and address challenges affecting essential food items, while expressing solidarity and commitment to deeper India-GCC cooperation.
April 11, 2026
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Supply chain resilience and maritime safety drive India-Bahrain efforts to strengthen economic partnership.
India and Bahrain reaffirmed their commitment to strengthen economic partnership through continued cooperation and close engagement, with emphasis on regional stability, maritime safety, predictable trade flows, and supply chain resilience. The interaction also highlighted support for Bahrain's security and stability, solidarity after attacks on vital installations, and appreciation for efforts to protect the wellbeing of the Indian community in Bahrain.
April 11, 2026
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Chief Adviser (Cost) appointment highlights extensive experience in financial analysis, public policy, and costing methodologies across sectors.
Shri Anand Kumar Pal, an Indian Cost Accounts Service officer, has assumed charge as Chief Adviser (Cost) in the Department of Expenditure, Ministry of Finance, following approval by the Appointments Committee of the Cabinet. The press release notes his professional qualifications in cost accountancy, commerce and law, his more than 30 years of experience in financial analysis, public policy implementation, WTO trade policy, and costing and pricing methodologies, and his prior postings across several departments and organisations.
April 11, 2026
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Development financing gap widens as aid cuts, tariffs, and stalled financial reform deepen pressure on poorer nations.
A UN report says the widening gap between rich and poor nations is being aggravated by unfulfilled commitments to reform global financial institutions and expand development financing. The report says the Seville Commitment, adopted to close the development financing gap and support 2030 goals, has not been fully implemented, while geopolitical tensions, trade barriers, climate shocks, and reduced aid are worsening conditions for developing countries. It also notes sharp rises in tariffs on exports from the poorest and other developing nations.
April 11, 2026
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Energy cooperation deepens as India and the United States explore civil nuclear ties, coal gasification and LPG exports.
India and the United States discussed expanding energy cooperation through deeper bilateral energy trade, enhanced energy security and new areas of collaboration in nuclear power, coal gasification and LPG exports. The discussions reflected support for strengthening the India-US Energy Partnership and indicated readiness for cooperation in civil nuclear matters alongside other energy supply and transition linkages. The wider policy context included India's civil nuclear framework under the SHANTI Act.
April 11, 2026
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Maintenance negligence in aircraft operation leads to liability in Cuba crash families' damages claim.
Maintenance negligence in the operation of a leased Boeing 737 was found to have caused a 2018 aviation disaster in Cuba in which 112 people died. An independent expert concluded that severe maintenance failures made the aircraft unfit to fly and described the crash as an institutional accident, with the pilots treated as the final line of defence rather than the source of fault. On that basis, a Mexican judge held the charter operator liable and ordered damages in favour of the families of the Mexican crew members who brought the suit.
April 10, 2026
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Ease of doing business reforms highlighted as trader welfare board backs decriminalisation, simplified compliance, and digital empowerment initiatives.
Trade facilitation and trader welfare measures were highlighted, including decriminalisation reforms to reduce compliance burden, simplified food business licensing and registration, support for e-commerce promotion, and facilitation of collateral-free credit for traders and small businesses. Digital empowerment through the ONDC-backed DigiDukaan platform and the push for State-level Traders' Welfare Boards were also emphasised as part of a broader effort to make trade easier and strengthen institutional support.
April 10, 2026
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Trade logistics coordination addresses packaging shortages, shipping constraints and supply chain stress amid West Asia disruptions.
Coordination between the Department of Commerce and the Ministry of Ports, Shipping and Waterways addressed trade disruptions arising from the West Asia situation, with stakeholder consultations focused on packaging, logistics and shipping constraints affecting exports. The discussions identified pressure on petrochemical inputs such as polymers and resins, rising packaging costs, supply chain stress and liquidity concerns for sectors including MSMEs, apparel, leather, telecom/optical fibre and medical devices. The Government emphasised uninterrupted availability of critical raw materials, time-bound assessment of packaging inputs, mapping of domestic capacity and import dependence, and weekly monitoring of export-import trends and sectoral stress indicators.
April 10, 2026
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Equity market rebound lifts Sensex and Nifty as banking, financial and auto stocks gain on stronger global sentiment.
Indian equity benchmarks advanced on broad-based buying in banking, financial, auto and realty counters, with the Sensex and Nifty closing sharply higher after tracking stronger global markets. The recovery was supported by improved risk sentiment, expectations of easing West Asia tensions ahead of scheduled US-Iran negotiations, and lower crude-linked pressure on investor appetite. The upmove was also aided by sustained domestic institutional buying and selective short covering, even as foreign institutional investors continued to sell.
April 10, 2026
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Digital payment fraud intelligence strengthens as IDPIC appoints new chief to bolster real-time threat monitoring and secure payments.
The Indian Digital Payment Intelligence Corporation (IDPIC), a Section 8 not-for-profit entity approved by the Reserve Bank of India, has appointed K. Satyanarayana Raju as Managing Director and Chief Executive Officer with effect from February 2026. IDPIC functions as India's central AI-driven platform for detecting, preventing, and analysing digital payment fraud in real time, and the appointment is presented as part of its effort to strengthen leadership and operational capability in fraud intelligence, threat monitoring, and coordination across the digital payments ecosystem.

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Indian Railways Embraces AI-Driven Workforce Verification System' 1.2 Million Employees

May 5, 2026

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India's largest employer begins deployment of offline facial verification and tamper-proof blockchain records across its 1.2 million-strong workforce, building on technology that cut ghost employee fraud by 90% in prior government deployments 5th May 2026 - Indian Railways has commenced the implementation of DRISHTI, an AI and blockchain-powered Smart Workforce Management System that uses facial recognition and tamper-proof digital records to verify worker attendance and prevent fraud, being rolled out across the railway network, beginning with operations in Prayagraj. The system, developed by ChainCode Consulting LLP in collaboration with Billions Network, the universal human and AI verification platform, and Aptos Foundation, can verify entire teams from a single group photograph, works without internet connectivity, and creates permanent, tamper-proof records of every attendance event. It is designed for both field and office personnel across Indian Railways' operations. Indian Railways is one of the world's largest employers, with more than 1.2 million personnel operating across 7,300 stations and 18 zones. The rollout begins in Prayagraj, with completion of the initial regional deployment expected within three months and expansion across the wider network to follow. Where previous government deployments of the same technology, eliminated ghost employee fraud by up to 90%, reduced payroll costs by 30-40%, and halved payment delays, the Indian Railways implementation brings those proven standards to a new, high-profile use case with the potential to set a global precedent for workforce governance at scale. Managing attendance verification across a workforce this large and geographically spread has historically been vulnerable to ghost employee fraud and administrative inefficiencies, challenges that DRISHTI is designed to address directly. The system works offline, a critical requirement for railway operations in remote and rural areas where internet connectivity is unreliable. It can identify multiple workers simultaneously from a single photograph and locks every record on the Aptos blockchain, making it impossible to alter after the fact. The platform also handles supervisor approvals, real-time reporting dashboards, task allocation, and leave management. "AI-driven smart solutions with blockchain security are key to good governance. By combining facial recognition with blockchain's permanent, traceable records, we eliminate major security risks and give organizations greater control over workforce data integrity," said Alok Gupta, Founder and CEO, ChainCode Consulting LLP. ChainCode Consulting has previously pioneered blockchain-based attendance and identity platforms for different India's Government Bodies and contributed digital verification infrastructure for MahaKumbh 2025, one of the world's largest gatherings. "Every worker in a system this vast deserves to be accurately identified and fairly compensated without that requiring handing over sensitive personal data. That's the problem we're solving: identity verification that works for people. What India is building here shows how the world's largest institutions can operate with both accountability and dignity," said Evin McMullen, CEO and Co-Founder of Billions Network. Billions provides the decentralized identity and reusable identity infrastructure underpinning DRISHTI, building on the company's proven track record in high-stakes verification, including joint proofs-of-concept with Deutsche Bank and HSBC for advanced KYC solutions. Ashwin Pampati, SVP and Head of Ecosystem at Aptos Foundation, added: “Reliable, high-performance blockchain infrastructure is essential for nation-scale public-sector systems like DRISHTI, where data integrity, security and auditability are non-negotiable. Aptos provides a strong blockchain foundation that supports exactly these requirements.” About Billions Billions.Network (formerly Polygon ID) is the leading human and AI verification platform, built on mobile-first verification to scale the internet of value globally. Created by the stewards of the world's leading zero-knowledge verification framework, Circom, Billions secures the work of major organizations and blockchain ecosystems serving over 150 million users globally. The platform provides privacy-preserving digital identity solutions that work across both Web2 and Web3 applications. For more information, visit https://billions.network. About ChainCode Consulting LLP ChainCode Consulting is a blockchain and AI technology firm specializing in enterprise-grade decentralized solutions for government and private sector clients. Founded in 2019, the company delivers secure, scalable identity verification, supply chain traceability, and blockchain infrastructure across industries including healthcare, financial services, and public administration. ChainCode has been recognized among Bangalore's Top 50 FinTech Companies and received the Blockchain Leader of the Year award at SmartTech Asia Innovation Awards 2025. For more information, visit https://www.chaincodeconsulting.com/. About Indian Railways Indian Railways is a statutory body under the Ministry of Railways, Government of India, and operates the country's national railway system. With more than 1.2 million employees, it is the world's ninth-largest employer and India's second-largest employer. For more information, visit https://indianrailways.gov.in. About Aptos Aptos is a Layer-1 blockchain designed for scalability, security, and sub-second transaction finality. Founded in 2021 by Avery Ching and Mo Shaikh, former leaders of Meta's Diem blockchain initiative, Aptos is built on the Move programming language, developed for secure smart contract execution. The network has processed over 4.4 billion transactions and has established strategic partnerships with BlackRock, Google, Mastercard, and Franklin Templeton. For more information, visit https://aptosnetwork.com/ (Disclaimer: The above press release comes to you under an arrangement with NRDPL and PTI takes no editorial responsibility for the same.). PTI PWR

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