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    Nashik cops in Mumbra in search of woman accused in TCS case; question husband
    Agri industry experts urge govt to focus on food security in diplomatic talks amid West Asia crisis
    BJP protests across Jharkhand against electricity tariff hike
    ED conducts fresh raids in PMLA case against Kolkata realty group
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    Panchshil Realty Achieves Multiple ISO Certifications Across 12 Office Parks Spanning ~16.6 million Sq. Ft.
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    Ministry of Corporate Affairs (MCA) invites public comments for reviewing the Companies (Incorporation) Rules, 2014 and for the rationalisation of the...
    Court allows PMLA case accused Amit Katyal to travel; relaxes bail condition
    `Harassment, religious conversion' at Nashik MNC: 2 accused sent in fresh police custody
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April 17, 2026
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Workplace harassment and forced conversion probe intensifies as police search for an absconding accused and question her husband.
Police investigation continued into allegations arising from an IT workplace complaint involving sexual harassment, mental harassment, exploitation and alleged forced religious conversion at a TCS unit. A special investigation team was constituted after complaints by female employees, and multiple cases were registered on these allegations. Several employees were arrested, while one woman accused remained absconding and was being traced by police teams across different locations. The employer stated that it maintains a zero-tolerance policy toward harassment and coercion and had suspended employees allegedly involved in the misconduct.
April 17, 2026
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Food security concerns intensify as West Asia disruptions raise logistics costs, freight volatility and supply chain risks.
Food security was identified as a central policy concern amid disruptions arising from the West Asia crisis. Experts warned that higher logistics costs, energy prices, fertiliser costs, shipment delays and working capital stress were increasing risks across India's food ecosystem, with maritime route disruptions affecting imports of essential commodities and export competitiveness. Policy support was advocated through freight stabilisation, alternative trade routes, diversified sourcing, stable export policies, logistics resilience, domestic production, working capital support and real-time monitoring of global supply disruptions.
April 17, 2026
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Electricity tariff hike draws statewide protests amid claims of consumer burden, regulatory objection, and broken welfare promises.
Opposition protests were reported across Jharkhand against the state government's electricity tariff hike, with demands for withdrawal of the revised rates. The criticism focused on the burden on ordinary consumers, alleged inconsistency with promises of free electricity and welfare measures, and reported objections from the State Electricity Regulatory Commission. The protests were also tied to broader allegations of administrative failure, corruption, and excessive electricity billing.
April 17, 2026
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Money laundering probe over alleged forged title deeds and land-grabbing linked to Kolkata realty projects.
Fresh searches were conducted by the Enforcement Directorate under the Prevention of Money Laundering Act against entities linked to a Kolkata-based real estate group in a money laundering probe. The investigation concerns alleged fabrication of a false chain of title through forged documents, land-grabbing allegations, and the use of that title claim to launch real estate projects and induce public investment. The company denies wrongdoing and says its project was developed under a valid agreement.
April 17, 2026
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Aadhaar biometric updation camps to be held in Himachal schools for eligible children under UIDAI guidelines.
Mandatory biometric update camps are to be organised in government and private schools across Himachal Pradesh in a district-wise phased manner to facilitate Aadhaar biometric updation for children who have attained the age of five years or 15 years. The camps follow UIDAI guidelines requiring updated fingerprints, iris scan and photograph to maintain the validity and accuracy of Aadhaar, and guardians are advised to ensure timely completion of the process.
April 17, 2026
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Illegal Aadhaar enrolment racket exposes biometric fraud, forged identities and misuse risks in digital authentication systems.
Illegal Aadhaar enrolment activity was detected in Hanumangarh district, where an unauthorised centre was allegedly operated using the login credentials of other operators to generate fake Aadhaar cards by manipulating biometric data. Dummy fingerprints, copied retina images and forged signatures on enrolment receipts were used to bypass authentication safeguards. Police seized equipment including a laptop, printer, iris scanner, fingerprint devices, GPS equipment, camera and a mobile phone, and registered a case under relevant provisions of the Bharatiya Nyaya Sanhita and the IT Act.
April 17, 2026
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Foreign exchange reserves rise as higher currency assets and gold lift India's forex kitty above the USD 700-billion mark.
India's foreign exchange reserves increased to USD 700.946 billion during the week ended April 10, 2026, driven by higher foreign currency assets, gold reserves, Special Drawing Rights and the reserve position with the International Monetary Fund. The foreign currency assets rose to USD 555.983 billion, while gold reserves increased to USD 121.343 billion and Special Drawing Rights to USD 18.763 billion.
April 17, 2026
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Coal import probe prompts Special Presidential Commission to review procurement procedures, state loss, and energy sector oversight.
Sri Lanka appointed a Special Presidential Commission of Inquiry to examine coal imports for power generation by Lanka Coal Ltd from the commencement of imports up to 16 April 2026, including whether the imports caused loss to the state and whether accepted procurement procedures were followed. The commission was constituted under the Special Presidential Commissions of Inquiry Act and its special provisions. The inquiry followed concerns raised over coal procurement and alleged irregularities in the state supply chain for thermal power generation.
April 17, 2026
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Category II AIF launch targets pre-leased commercial real estate through a diversified income-oriented investment strategy.
SEBI-registered Category II AIF manager Alt Capital announced the launch of AltCap Yield Fund III, the third scheme under its alternative investment fund platform, in partnership with FundsIndia Private Wealth to raise a target corpus of Rs. 1,000 crore with an additional green shoe option. The scheme is targeted at institutional investors, HNIs, family offices, and select domestic and NRI investors, and is positioned as an income-oriented real estate vehicle focused on stable, pre-leased Grade A/A+ office and warehousing assets. The stated approach includes diversification, prudent leverage, and a portfolio-exit strategy.
April 17, 2026
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Startup India recognition, funding support, and public procurement expand as startup numbers, jobs, and patent filings rise.
Government recognition of startups under the Startup India initiative reached a record level in FY 2025-26, with total recognised startups crossing 2.23 lakh and direct jobs exceeding 23.36 lakh. Support continues through the Fund of Funds for Startups, the Startup India Seed Fund Scheme, and the Credit Guarantee Scheme for Startups, including expanded guarantee cover, incubator funding, and continued disbursement mechanisms. Startup-led innovation has also grown through higher patent filings and wider participation in public procurement through the Government e-Marketplace.
April 17, 2026
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Norms Committees reform under DGFT aims to streamline duty-free import approvals and improve trade facilitation for exporters.
Strengthening of Norms Committees under the Directorate General of Foreign Trade has been undertaken to improve the administration of the Advance Authorisation and Duty-Free Import Authorisation schemes under the Foreign Trade Policy. These schemes permit duty-free import of inputs physically incorporated in export products, with authorisations ordinarily issued against notified Standard Input Output Norms and, where such norms are unavailable, against self-declared input-output norms later examined and finalised by sector-specific committees. The reforms are directed at improving turnaround time, enabling earlier approvals, and making the norms fixation process more transparent and predictable.
April 17, 2026
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Integrated Management System certification reinforces quality, safety, sustainability and facility management across a large office park portfolio.
Panchshil Realty's 12 office parks have obtained an Integrated Management System certification covering quality management, environmental management, occupational health and safety management, and facility management. The certified portfolio spans IT, SEZ and mixed-use office parks and extends to end-to-end Integrated Facility Management services, including engineering operations and maintenance, soft services, safety and security systems, civil upkeep, and digital FM enablement. The certifications are presented as internationally accredited and tied to standardised systems, stronger operational frameworks, and global ESG-aligned service delivery.
April 17, 2026
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India-US partnership gains momentum as diplomatic talks continue alongside bilateral trade agreement negotiations.
Indian Ambassador Vinay Mohan Kwatra discussed issues of mutual interest with Congressman Pete Sessions and appreciated his support for a stronger India-US partnership. The meeting formed part of ongoing diplomatic engagement as India and the US negotiated the finer elements of a bilateral trade agreement, following earlier finalisation of a framework for the first phase.
April 17, 2026
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Interest recomputation under GSTR-3B allows correction of auto-calculated delayed-filing interest through the GST Portal.
GST Portal auto-calculates interest on delayed filing of GSTR-3B and auto-populates it in Table 5.1 of the subsequent return, with the breakup available in the system-generated GSTR-3B PDF. If the interest has been computed incorrectly without giving benefit of the minimum cash balance in the Electronic Cash Ledger under the proviso to Rule 88B(1) of the CGST Rules, 2017, taxpayers may use the "RE-COMPUTE INTEREST" option in Table 5.1. The revised interest then appears in the updated PDF and should be manually entered in Table 5.1, not below the recomputed amount.
April 17, 2026
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Regulatory capacity building for IFSC officers through training on corporate laws, securities regulation, and cross-border financial frameworks.
An induction training programme was commenced for Assistant Managers of the International Financial Services Centres Authority under the Memorandum of Understanding between IFSCA and the Indian Institute of Corporate Affairs. The collaboration is aimed at strengthening India's international financial services ecosystem through capacity building, policy research, and knowledge partnership, with the programme serving as an operational step in that arrangement. The training is designed to equip IFSCA officers with a working understanding of corporate laws, governance frameworks, financial regulations, cross-border transactions, securities regulation, corporate finance, financial reporting, cross-border insolvency, and IFSC-specific regulatory frameworks.
April 17, 2026
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Companies incorporation reform streamlines filings, simplifies compliance, and modernises electronic communication under the proposed amendment rules.
Public consultation has been invited on proposed amendments to the Companies (Incorporation) Rules, 2014 to streamline incorporation, reduce repetitive compliance, rationalise KYC and documentation, modernise communication methods, and align the filing framework with Ease of Doing Business objectives. The draft also proposes consolidation of multiple forms into simplified e-forms, simplified name reservation rules, revised registered office documentation and verification requirements, updated procedures for shifting registered office, expanded DIN allotment at incorporation, and more flexible integrated registration under AGILE-PRO-S.
April 16, 2026
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Bail condition modification in a money-laundering case allowed travel permissions and monthly attendance exemption.
A Delhi court permitted a money-laundering accused to travel to several States for religious purposes and modified a bail condition requiring monthly appearance before the investigating officer. The accused sought relaxation on the grounds that the investigation was complete, his health had deteriorated and his passport was already deposited in another PMLA matter. The court rejected a jurisdictional objection, held that it retained authority to modify the conditions, and left the remaining bail terms intact.
April 16, 2026
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Sexual harassment and forcible conversion allegations lead to police custody, investigation, and victim identity protection warnings.
Two accused in a case concerning alleged sexual harassment and forcible religious conversion at a TCS unit in Nashik were remanded in police custody for further investigation. The accused were booked under Bharatiya Nyaya Sanhita provisions relating to outraging a woman's modesty, sexual harassment, and acts intended to insult a woman's modesty.
April 16, 2026
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Money laundering probe over alleged loan diversion and shell companies leads to ED custody for former executives.
Former senior executives of Reliance Anil Ambani Group were sent to five days' ED custody in a money laundering investigation arising from alleged bank loan fraud involving Reliance Home Finance Limited and Reliance Commercial Finance Ltd. The Enforcement Directorate alleged that loan funds were diverted to shell companies controlled by the group and that digital evidence, including emails, indicated the role of the arrested accused in siphoning and diverting funds. The order referred to emails and other digital material as showing participation by both accused in funding decisions and movement of loan proceeds.
April 16, 2026
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Fraud classification of bank accounts challenged over forensic audit validity, RBI guidelines, and show cause notices.
Banks' proceedings to classify bank accounts as fraud were challenged on the basis that the underlying forensic audit was allegedly defective, the audit firm lacked qualification, and the banks' notices were said to violate mandatory RBI guidelines. The dispute concerned interim protection granted by a single judge against present and future action by the banks, followed by the division bench setting aside that protection. The Supreme Court declined to interfere with the division bench order, clarified that its observations would not affect the pending suit, and requested expeditious disposal of the challenge to the show cause notices.

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Ground-level economic situation far removed from govt’s propaganda: Cong on PM's appeal

May 11, 2026

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New Delhi, May 11 (PTI) The Congress on Monday said Prime Minister Narendra Modi's "unexpected pleas" to the people from Hyderabad could mean that tough austerity measures may well be on their way, and claimed that the ground-level economic situation is far removed from the "government's propaganda".

Congress general secretary in-charge (communications) Jairam Ramesh asserted that the time for reckoning has arrived.

"The prime minister's unexpected pleas to the people of the country made from Hyderabad yesterday (Sunday) could mean the following -- The economic situation is far more serious than what official numbers suggest and what the prime minister and his colleagues have been claiming all this while," Ramesh said on X.

Tough austerity measures, including increase in fuel prices, may well be on their way and an environment is being created to make them more acceptable, he said.

"That the ground-level economic situation -- ”reflected, for instance, in stagnation in real wages, growing household indebtedness, and lack of momentum in job-creating private investment --” is far removed from the Modi government's propaganda has been obvious for a long time," Ramesh said.

The Congress on Sunday attacked Modi over his remarks urging citizens to use petroleum products judiciously, saying the prime minister is clueless about ensuring India's energy security even after three months into the US-Iran war.

The opposition party said it is "shameless, reckless and downright immoral" that the prime minister is pushing people into inconvenience, rather than building contingency plans to ensure the country's economy is unaffected by this global crisis.

Emphasising that the Centre is trying to shield people from the adverse impact of the West Asia conflict, Prime Minister Modi on Sunday called for judicious use of fuel, postponement of gold purchases and foreign travel, among other measures, to strengthen the economy.

Addressing a rally organised by the Telangana BJP in Hyderabad, he suggested reducing petrol and diesel consumption, using metro rail services in cities, carpooling, increased use of electric vehicles, utilising railway services for parcel movement, and working from home to conserve foreign exchange amid the crisis in West Asia.

Stressing the need to save foreign exchange due to the crisis, Modi called for postponing the purchase of gold and foreign travel for one year.

"We have to save foreign exchange by any means," he said, adding that due to the West Asia conflict, prices of petrol and fertilisers have increased significantly.

When there is pressure on the supply chain, difficulties increase despite various government measures to address the situation, he had said. "That's why, during a global crisis, keeping the country above all else, we have to take resolutions," he had said.

"We got into work-from-home, virtual meetings, video conferencing, and many other methods during Covid-19. We got used to them. The need of the hour is to resume those methods," Modi had said.

He called for reduction in edible oil consumption, lowering the use of chemical fertilisers, promoting natural farming and Swadeshi products to save foreign exchange and make the country self-reliant. PTI ASK RUK RUK

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