Loading...

Top
Help
×

By creating an account you can:

Logo TaxTMI
Call Us / Help / Feedback

Contact Us At :

E-mail: [email protected]

Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters 0/2000
Make Most of Text Search
  1. Checkout this video tutorial: How to search effectively on TaxTMI.
  2. Put words in double quotes for exact word search, eg: "income tax"
  3. Avoid noise words such as : 'and, of, the, a'
  4. Sort by Relevance to get the most relevant document.
  5. Press Enter to add multiple terms/multiple phrases, and then click on Search to Search.
  6. Text Search
  7. The system will try to fetch results that contains ALL your words.
  8. Once you add keywords, you'll see a new 'Search In' filter that makes your results even more precise.
  9. Text Search
Add to...
You have not created any category. Kindly create one to bookmark this item!
Create New Category
Hide
Title :
Description :
❮❮ Hide
Default View
Expand ❯❯
Close ✕
🔎 News - Adv. Search
TEXT SEARCH:

Press 'Enter' to add multiple search terms. Rules for Better Search

Search In:
Main Text + AI Text
  • Main Text
  • Main Text + AI Text
  • AI Text
Category: ?
Categorized by AI
---- All Categories ----
  • ---- All Categories ----
  • Income Tax
  • GST
  • Customs, DGFT & SEZ
  • FEMA & RBI
  • Corp. Laws, SEBI & IBC
  • PMLA, Black Money & ED
  • Budget
  • News and Press Release
  • PTI News
Month:
---- All Months ----
  • ---- All Months ----
  • January
  • February
  • March
  • April
  • May
  • June
  • July
  • August
  • September
  • October
  • November
  • December
Year:
---- All Years ----
  • ---- All Years ----
  • 2026
  • 2025
  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
Sort By: ?
In Sort By 'Default', exact matches for text search are shown at the top, followed by the remaining results in their regular order.
Relevance Default Date
    Adani resolves OFAC sanctions case with USD 275 mn settlement after 'proactive' disclosure, cooperation
    Rupee settles at record low of 96.20 against US dollar
    Jute industry seeks new Bengal govt's intervention to tide over raw material crisis
    BJD MP Sasmit Patra urges strengthening of NCLT, NCLAT infra capacity
    Haryana cabinet approves Industrial policy 2026, Rs 5 lakh crore investment, 10 lakh jobs targeted
    ED attaches Rs 700 cr assets linked to late gangster Iqbal Mirchi, kin
    India to keep buying Russian oil regardless of US sanctions waivers, says official
    Punjab minister Sanjeev Arora sent to 14-day judicial custody
    Power regulator DERC to undertake 'intensive' audit of Delhi discoms by CAG-empanelled CA firm
    Gold flat at Rs 1.62 lakh/10g; silver edges higher on import curbs
    India Targets $1 Trillion Exports This Year, $2 Trillion in Five Years: Union Commerce and Industry Minister Shri Piyush Goyal
    HIGHLIGHTS
    Rupee settles at record low of 96.35 against US dollar
    Indian markets capable of absorbing different types of shocks: SEBI chief on West Asia crisis
    Robert Vadra withdraws in Delhi HC plea against trial court summons in Haryana land deal case
    Rupee falls to record low of 96.25 against US dollar
    Commerce Secretary Shri Rajesh Agrawal Highlights Trade and Economic Cooperation at BRICS Meeting in Gandhinagar
    GeM Observes Incorporation Day 2026; Continues to Support Digital Public Procurement System in India
    China committed to US on not providing material support to Iran: US trade representative
    Andhra CM writes to Centre over crises faced by aquaculture, tobacco farmers
❯❯
Maximize Maximize Maximize
0 / 200
Expand Note
Add to Folder

No Folders have been created

+

Are you sure you want to delete "My most important" ?

NOTE:

News
Showing Results for :
Reset Filters
Results Found:
Show All Summaries Hide All Summaries
May 18, 2026
Show AI Summary
Sanctions compliance and voluntary self-reporting led to a reduced OFAC settlement for Iranian-origin LPG import allegations.
Adani Enterprises settled an OFAC sanctions matter involving apparent violations linked to imports of Iranian-origin LPG through Mundra Port by agreeing to pay USD 275 million. The company said the resolution did not constitute a finding of guilt or wrongdoing and resolved all related liabilities. OFAC reduced the amount after voluntary self-reporting, proactive disclosure, cooperation, and corrective compliance steps, including strengthened sanctions controls and enhanced internal measures across the corporate group.
May 18, 2026
Show AI Summary
Rupee pressure and forex controls intensify as rising oil prices, dollar strength, and import curbs weigh on currency stability.
The rupee weakened to a record low against the US dollar amid a strong dollar, rising crude oil prices, geopolitical tensions, and foreign investor outflows. Market participants noted that the exchange rate remained under pressure from global sentiment and elevated oil prices. The commentary also noted that RBI intervention and restrictions on imports of gold and silver could support the rupee at lower levels, while higher import duty and licensing controls on precious metals were intended to curb non-essential imports and reduce forex outflows.
May 18, 2026
Show AI Summary
Raw jute shortage and trade restrictions push jute mills toward closure, prompting demands for stock release and import relief.
Raw jute shortages, steep price escalation, and trade restrictions have disrupted jute mill operations in West Bengal, leaving mills without a transparent reference price or workable procurement conditions. Millers seek release of residual stocks, easing or withdrawal of stock and trade restrictions, permission for emergency imports, and restoration of a viable price corridor for raw jute. They also urge abolition of agricultural marketing fees and improved payment discipline to suppliers to stabilise supplies and protect employment across the jute belt.
May 18, 2026
Show AI Summary
Tribunal infrastructure and capacity need urgent strengthening to support the NCLT and NCLAT insolvency framework.
Institutional strengthening of the NCLT and NCLAT is urged because of their central role in India's company law and insolvency framework. The concerns include permanent and modern infrastructure, uninterrupted courtroom operations, reliable power backup, additional bench strength, permanent staffing, and better support for judicial and technical members. A review of the compulsory rotation policy is also requested to improve continuity and specialisation within the tribunal system.
May 18, 2026
Show AI Summary
Industrial policy incentives drive investment, jobs, exports and sector-specific manufacturing growth across Haryana's new policy framework.
Haryana approved the Make in Haryana Industrial Policy 2026 as the State's principal industrial policy, replacing the 2020 framework and reclassifying industrial areas into core, intermediate, sub-prime and prime/focus categories. The policy is designed to attract large-scale investment, expand employment, increase exports and extend financial incentives across all blocks, including capital subsidy, R&D support, recruitment-linked incentives, export promotion measures and green-industry facilitation. It also provides for net SGST reimbursement, sector-linked assistance for large, mega and ultra mega units, and interest on delayed investor payments after 1 April 2026.
May 18, 2026
Show AI Summary
Provisional attachment of properties under fugitive economic offender and money-laundering laws over alleged proceeds of crime linked to Mirchi family assets.
Provisional attachment of assets under the Fugitive Economic Offenders Act and money-laundering framework has been made in connection with the alleged proceeds of crime linked to late gangster Iqbal Mirchi and his family. The attached assets include three Worli properties in Mumbai and overseas properties in Dubai, with the investigation attributing ownership and control to Mirchi and his associates despite the properties standing in the name of a trust or other entities on paper. The enforcement action arises from multiple police FIRs concerning alleged organised criminal activity, including drug trafficking, extortion and illegal arms activity. The investigation states that the properties were allegedly acquired through laundering of proceeds generated from those activities.
May 18, 2026
Show AI Summary
Russian crude sourcing remains driven by commercial viability and energy security despite the expiry of a sanctions waiver.
India continues to source Russian crude oil on the basis of commercial viability, adequate supply availability and energy security, and the expiry of a temporary US sanctions waiver does not change that approach. Procurement is described as continuing so long as it remains commercially sensible and supply is available. Russian oil remains a core part of India's import basket, with sourcing structured to avoid sanctioned sellers, intermediaries and vessels and to use compliant financial, insurance and trading channels.
May 18, 2026
Show AI Summary
Money laundering investigation leads to judicial custody amid alleged GST fraud, shell companies, and benami property transactions.
Punjab minister Sanjeev Arora was placed in judicial custody in connection with an alleged money laundering investigation arising from claims of GST fraud, suspicious property purchases, shell company routing, and benami holdings. The Enforcement Directorate stated that its questioning had been completed and that it was preparing to file a charge sheet. The investigation also reportedly extended to family members through summons and notices, with some relatives questioned and released.
May 18, 2026
Show AI Summary
Intensive audit of power discoms follows court directions on regulatory assets and limited audit scope.
The Delhi Electricity Regulatory Commission has initiated an intensive audit of Delhi distribution companies through a CAG-empanelled chartered accountancy firm after issuing a tender in line with Supreme Court directions. The audit is tied to the liquidation of accumulated regulatory assets and is confined to examining the circumstances in which the distribution companies continued without recovery of those assets, rather than a comprehensive financial audit. The process follows the Appellate Tribunal for Electricity's ruling that the earlier proposal for a CAG-conducted audit was not required by the Supreme Court and was contrary to the governing framework.
May 18, 2026
Show AI Summary
Silver import restrictions lift domestic prices as gold stays flat amid rupee weakness and global bullion pressure.
Gold prices remained flat in the domestic bullion market, while silver prices edged higher after fresh restrictions were imposed on imports of silver in nearly all forms. The market reaction reflected expectations that tighter import availability could raise local premiums and support domestic silver prices, even as global bullion markets weakened. Domestic gold prices stayed resilient despite international softness because the rupee weakened to a record low, cushioning the decline in local rates.
May 18, 2026
Show AI Summary
Export growth strategy links free trade agreements, import substitution, and Swadeshi to strengthen India's domestic manufacturing base.
India has set an export target of USD 1 trillion for the current year and USD 2 trillion over the next five years, supported by free trade agreements with nearly 38 developed countries, import substitution efforts, and promotion of Swadeshi. The statement also stresses quality, productivity, domestic manufacturing, MSME growth, and wider use of UPI and RuPay to strengthen exports and reduce import dependence.
May 18, 2026
Show AI Summary
Bail as the norm in UAPA cases shapes liberty analysis even where drug trafficking and terror financing are alleged.
Bail continues to be treated as the norm and jail as the exception even in UAPA matters, including cases alleging drug trafficking and terror financing. The gravity of the accusation by itself does not displace the governing bail principle, and personal liberty remains a central consideration in criminal procedure despite the special statutory framework involved in such prosecutions.
May 18, 2026
Show AI Summary
Rupee weakness and forex pressure prompt tighter precious metal import controls to curb dollar outflows and support external stability.
The Indian rupee weakened to a record low against the US dollar amid a strong dollar, rising crude oil prices, geopolitical tensions, and foreign portfolio outflows. The government tightened controls on precious metal imports to reduce forex outflows and restrain non-essential imports by raising import duty on gold and silver and placing silver under a licensed import regime.
May 18, 2026
Show AI Summary
Market resilience and domestic investor confidence help Indian markets absorb global shocks and recover after volatility eases.
Indian markets are described as resilient enough to absorb external shocks arising from global crises, including conflict-driven volatility, supply chain disruption, inflationary pressure, spillover effects and second-order effects. The market impact of international developments is presented as natural in an interconnected global system, while the domestic market is said to regain its normal trajectory after the shock subsides. The statement also notes foreign portfolio investment outflows since September 2024, alongside continued confidence among domestic investors.
May 18, 2026
Show AI Summary
Money laundering summons challenge withdrawn as the petitioner exited the High Court plea, leaving contentions open for trial proceedings.
A petition challenging a trial court summons in a money laundering case arising from a Haryana land deal was unconditionally withdrawn before the Delhi High Court, with all rights and contentions kept open. The underlying dispute involved prosecution under the Prevention of Money Laundering Act, a chargesheet filed by the Enforcement Directorate, and an argument that the alleged predicate offences were not scheduled offences at the relevant time.
May 18, 2026
Show AI Summary
Rupee pressure intensifies as oil prices, dollar strength and import curbs shape forex management measures.
The rupee weakened sharply amid elevated crude oil prices, a stronger US dollar, global uncertainty and geopolitical tensions. Market participants said the government and the RBI had begun proactive measures, while separate import curbs were reported for silver after higher customs duty on precious metals, with the stated aim of controlling forex outflows by curbing non-essential imports.
May 18, 2026
Show AI Summary
Intra-BRICS trade and economic cooperation gain emphasis through calls for stronger value chains, services trade and MSME support.
BRICS trade and economic cooperation was highlighted as a growing platform for emerging markets and developing economies, with intra-BRICS merchandise trade described as having expanded sharply over time and still retaining significant untapped potential. The deliberations focused on strengthening the multilateral trading system, supporting the internationalisation of Micro, Small and Medium Enterprises, improving the resilience and diversification of global value chains, and expanding services trade.
May 18, 2026
Show AI Summary
Digital public procurement platform GeM advances transparency, widens market access, and strengthens domestic enterprise participation.
Government e Marketplace (GeM) continues to function as a digital public procurement platform established through a Section 8 non-profit special purpose vehicle under the Companies Act, 2013 to develop, manage and maintain the procurement system for government buyers and sellers. The platform advances transparency, efficiency and technology-driven governance in public procurement while widening market access for domestic enterprises, including Class-1 local suppliers, Micro and Small Enterprises, women-led enterprises, SC/ST entrepreneurs and startups.
May 18, 2026
Show AI Summary
Material support to Iran became the focus of US-China trade talks alongside broader negotiating terms and sector-specific trade understandings.
United States trade discussions with China centered on a commitment that China would not provide material support to Iran, while the United States did not seek direct Chinese action in relation to the Strait of Hormuz. Trade talks were also described as continuing at the officials' level, with consideration of a "Board of Trade" for negotiating trading terms on specific goods, alongside reported understandings on meat exports, biotechnology trade reviews, and aircraft purchases.
May 18, 2026
Show AI Summary
Aquaculture and tobacco taxation pressures intensify as higher tariffs, GST and excise duties strain farmers and market procurement.
Aquaculture exporters and farmers in Andhra Pradesh are under pressure from the tariff burden on shrimp exports, domestic price weakness, and livelihood stress, prompting requests for higher working capital, interest relief, temporary exemption from interest and GST, export diversification, and transport and credit support. FCV tobacco farmers are also affected by higher GST and excise duty on cigarettes, which is reducing procurement and auction prices, and a review of the enhanced taxation and excise structure is sought to protect farmer interests and stabilise the market.

News

Back

All News

Showing Results for :
Reset Filters
No Records Found

News

Showing Results for : Reset Filters

Macron faces backlash after interrupting Africa summit panel in Kenya

May 13, 2026

Contents
Summary
Note

Note

-

Bookmark

Print

Print

Dakar (Senegal), May 13 (AP) French President Emmanuel Macron is facing backlash after he interrupted a panel at the Africa Forward Summit in Kenya to demand silence from the audience.

Macron stormed the stage to rebuke audience members for what he called a “total lack of respect”, accusing them of disrupting speakers during a presentation by artists and young entrepreneurs. He had earlier described himself as a “Pan-Africanist” during a news conference.

The summit is meant to showcase France's new policy for the continent — a shift from a former colonial power seen as dominating to what Paris describes as a partnership of equals.

On Tuesday, Macron announced a USD 27 billion investment into various sectors in Africa, including energy, artificial intelligence and agriculture.

Videos of Macron's heated intervention on Monday quickly spread across social media, drawing a mix of mockery, praise and criticism.

Appearing visibly frustrated by the noise in the room, Macron abruptly walked onto the stage and asked the speaker to hand him the microphone, saying he would “restore order”.

Addressing the audience in English, he criticised attendees for talking over the speakers and creating disruptions during the session.

Some audience members applauded the intervention, but Macron also drew criticism over his response.

“Just imagine what would happen if an African leader did the same thing in America or Europe,” said Thierno Mbaye, a history student at a university in Senegal's capital, Dakar.

“He acted like a schoolteacher scolding children,” Mbaye told The Associated Press.

The intervention also drew criticism in France.

“It's stronger than him: as soon as he sets foot on the African continent, he can't help but behave like a coloniser,” Danièle Obono, a lawmaker for the hard-left party France Unbowed, said in a post on X.

Diplomatic and military setbacks in West Africa ============================ The Africa Forward Summit, which is set to close on Tuesday with a declaration that is expected to be signed by all 30 heads of state, comes amid a fallout between France and its former colonies, mostly in West Africa.

France has long maintained a colonial policy of economic, political and military sway dubbed Françafrique, which included keeping thousands of troops in the region it controlled.

After years of criticism from leaders and opposition parties in many West African countries over what they described as a demeaning and heavy-handed approach, France has withdrawn most of its troops from the region. It completed the withdrawal of troops from Senegal in July.

Macron had already faced a backlash ahead of the summit for claiming Sunday at news conference alongside Kenyan President William Ruto that “we are the true Pan-Africanists”.

“We believe that Africa is a continent, and that this continent has an enormous amount to build,” Macron said.

Pan-Africanism refers to an ideology seeking the unity of Africans and the elimination of colonialism. Given France's colonial history across the continent, the remark went viral on social media and drew swift backlash.

“Pan Africanism is not a brand, Mr. Macron, neither is it a diplomatic posture,” Farida Nabourema, a Togolese human rights activist, said in an open letter on Monday.

“It is a political philosophy that said no to everything France spent three centuries saying yes to: slavery, colonialism and neocolonialism,” she added.

Beverly Ochieng, a senior analyst at geopolitical risk consultancy Control Risks, said Macron is trying to distance France from its diplomatic and military setbacks in West Africa by turning to the east of the continent, signalling that its strategic priorities now follow where it finds goodwill.

She said Macron's remarks were raising questions about whether France's renewed engagement with Africa represented a genuine equal partnership or merely convenient rhetoric.

The French presidency and Foreign Ministry did not immediately respond to a request for comment.

Paris will be respectful of each African country's independence, Macron said on Tuesday, adding that “sovereignty and autonomy is shared, and your success is our success”.

Inauthentic or politically manipulated ====================== Alioune Tine, founder of the Afrikajom Center think tank, said Macron's remark might also be a subtle jab at Russia, which has replaced France as the main security partner in some West African countries.

“When Macron describes himself as the true' pan-Africanist, it is also a subtle response to the pro-Russian pan-Africanist voices online, which French officials tend to view as inauthentic or politically manipulated,” Tine said.

He said relations between Western powers and African states are inherently paternalistic and France is no exception, but that Macron has shifted policy away from the colonial legacy through a more informal diplomatic style aimed at rebuilding trust.

According to an Ipsos survey conducted on behalf of the French Foreign Ministry in nine African countries ahead of the summit, 74 pr cent of respondents said they have a positive image of France. Support was highest in English-speaking countries and among respondents under 35.

Macron, who is the first French president born after the colonial era, had pledged after his first election in 2017 that he would reset French relations with Africa. (AP) PY PY

Topics

Acts Income Tax