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August 28, 2026
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Flexible personal loan repayment enables eligible borrowers to select longer tenures, subject to eligibility, terms, verification, and repayment capacity.
Bajaj Finance personal loans offer eligible customers collateral-free borrowing with flexible repayment tenures of 12 to 108 months, subject to eligibility, applicable terms, verification and documentation. A longer tenure may reduce monthly EMIs by spreading repayment over more months, but can increase total interest payable. Borrowers should compare the interest rate, tenure, EMI, processing charges and other costs, while considering their income, existing commitments and repayment capacity. Loan Utsav 2026 provides limited-period rewards for eligible customers whose loans are successfully disbursed during the campaign period, subject to applicable terms.
August 28, 2026
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Digital arrest money laundering investigation tracks cyber-fraud proceeds through layered bank accounts, cash withdrawals, and foreign-exchange conversion.
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August 28, 2026
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Foreign exchange intervention and lower crude prices supported rupee appreciation despite a stronger dollar and foreign institutional investor outflows.
Foreign exchange market conditions supported a six-paise appreciation of the rupee against the US dollar at the close of trading. Lower global crude oil prices and Reserve Bank of India intervention to limit significant rupee depreciation contributed to the movement. A marginal strengthening of the US dollar and foreign institutional investor equity outflows continued to exert pressure, while FCNR(B) scheme inflows supported the currency.
August 28, 2026
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Cyber fraud impersonating enforcement officials coerced a senior citizen into bank and cryptocurrency transfers through terror-funding threats.
Cyber fraudsters allegedly impersonated public officials and threatened a senior citizen with implication in money laundering, terror funding and cybercrime. Using WhatsApp video calls and purported official notices, they allegedly induced the victim to transfer funds to multiple bank accounts and a cryptocurrency wallet on the pretext of proving innocence. The victim reportedly liquidated fixed deposits and mutual fund investments before identifying the deception and reporting it through the cybercrime helpline. A cyber police case was registered for further investigation.
August 28, 2026
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Rupee depreciation against US dollar reflects foreign investor outflows and crude supply disruptions, moderated by weaker dollar and oil prices.
Foreign institutional investor outflows and disruptions in global crude oil supplies placed downward pressure on the rupee against the US dollar. A weaker dollar index and lower Brent crude prices moderated the decline. Market commentary anticipated a narrow trading range, with expected Reserve Bank of India protection at the upper end and oil importer, month-end, and importer demand supporting the lower end. Participants also monitored the US Federal Reserve Chair's Jackson Hole speech.
August 27, 2026
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Emergency flood response measures coordinate rescues, suspend cross-border transport, and address risks to public safety.
Severe flash floods in Nepal and along the Nepal-Tibet border prompted cross-border rescue coordination for missing and stranded persons, warnings of continued downstream flood risk, and international relief support. Preventive public-safety measures included temporary suspension of an Indo-Nepal bus service. Separate developments included disruption of public services during an employee strike, investigation of an aircraft crash, market measures affecting sugar and onion prices, and proposed trade engagement for greater market access for basmati rice and processed food exports.
August 27, 2026
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Regulatory review of fraud allegations requires timely consideration of representations while merits and standing remain undecided.
SEBI must consider and decide, within two weeks, representations alleging fraud by an Indian logistics company and its subsidiary. The allegations concern systematic over-invoicing of freight charges and forged documentation, with a parallel criminal investigation based on an FIR registered by the Delhi Police Economic Offences Wing. No determination has been made on the merits of the allegations or the complainant's standing to approach SEBI. The allegations and criminal proceedings were disclosed in IPO offer documents.
August 27, 2026
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Personal insolvency repayment plans test creditor voting thresholds, valuation safeguards, and limits on commercial review under insolvency law.
Personal insolvency resolution under the Insolvency and Bankruptcy Code involved approval of a repayment plan providing for payment of Rs 6.25 crore to creditors and Rs 25 lakh towards process costs against admitted creditor claims of about Rs 22,006.57 crore. Objections by dissenting creditors were rejected because they held less than 20 per cent of voting share, while the plan received 80.81 per cent support. Valuation indicated that the personal estate was worth less than the amount offered, and the tribunal declined to replace creditor commercial wisdom or assess settlement adequacy.
August 27, 2026
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Sovereign credit rating stability reflects policy continuity, infrastructure investment, external strength, and fiscal consolidation pressures.
India's sovereign credit rating retained a BBB stable outlook, supported by strong growth, an external balance sheet, stable institutions, policy predictability, and infrastructure investment. Public investment and consumer demand are expected to sustain growth and assist fiscal consolidation. Constraints include weak fiscal performance, elevated government debt and interest burdens, and low per-capita income. Long-term rating support depends on financing infrastructure investment without materially widening the current-account deficit and on reducing the fiscal deficit through stable fiscal and monetary policies.
August 27, 2026
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August 27, 2026
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Money-laundering investigation into alleged homebuyer fraud led to searches and freezing of assets linked to realty promoters.
Money-laundering proceedings were initiated under the Prevention of Money Laundering Act on the basis of police FIRs alleging fraudulent inducement and non-delivery of residential plots. Searches at premises linked to real estate promoters resulted in the seizure or freezing of luxury vehicles, jewellery, bank accounts and securities. The investigation alleges that substantial upfront payments for residential plots were received, but a significant portion of promised plots remained undelivered, and certain plots were allegedly sold to third parties without consent.
August 27, 2026
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SpendFlow combines commercial card program configuration, credit management, virtual cards, spend controls, approvals, supplier payments, billing and accounting in one architecture. It supports centrally governed rules with approved corporate-level variations, enterprise hierarchy management, and virtual cards linked to entities, employees, accounts or credit facilities. Multi-tier approvals and virtual-card supplier payments support controlled business payment functions, while core banking and ERP connectivity links card activity with banking and enterprise financial workflows.
August 27, 2026
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Basmati rice market access may be pursued through trade agreement review, subject to import limits and safety standards.
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August 27, 2026
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Capital allocation discipline governs consideration of further Air India funding alongside business strategy, cash flow and investment requirements.
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August 27, 2026
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Semiconductor investment cooperation anchors expanded India-Japan industrial partnerships across technology, manufacturing, clean energy, infrastructure, and financial services.
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August 27, 2026
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Financial inclusion through basic bank accounts enables direct welfare transfers, digital payments, insurance access and credit for excluded households.
PMJDY provides unbanked adults with basic bank accounts without minimum-balance or maintenance-charge requirements, free RuPay debit cards with accident insurance cover, and eligible overdraft support. Through the JAM framework, PMJDY accounts enable direct transfer of welfare benefits using bank accounts, Aadhaar-based biometric verification and mobile connectivity, reducing intermediary involvement and delays. The scheme emphasises rural, semi-urban, marginalised and women account holders while supporting access to insurance, pensions, savings, digital payments and credit, including MUDRA loans.
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August 27, 2026
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Cyber fraud awareness promotes safe digital banking by teaching customers to verify communications, protect credentials, and report suspicious transactions.
Cyber-fraud awareness and digital banking safety were promoted through community sessions addressing phishing, impersonation, OTP and UPI fraud, QR-code scams, digital-arrest fraud, and fraudulent customer-care calls. Participants were guided to identify authentic banking communications, avoid sharing confidential credentials, verify callers and links before acting, and promptly report suspected unauthorised transactions. Customer vigilance, financial literacy, and institutional security measures were emphasised as complementary safeguards against digital financial fraud.
August 27, 2026
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Personal insolvency repayment plans may be approved despite minimal creditor recovery when requisite voting support and comparative valuation support them.
Personal insolvency repayment plan approval was granted under the Insolvency and Bankruptcy Code, 2016, despite objections that creditor recoveries were negligible and the proposed payment uncertain. The plan received 80.81 per cent voting support, while dissenting creditors held less than 20 per cent voting share. Valuation showed that the debtor's personal estate was materially below the offered amount, and rejection could result in bankruptcy and lower recovery. Assessment of settlement adequacy was treated as a matter of creditor commercial wisdom.
August 27, 2026
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Prison escape security lapses prompt coordinated tracing measures, transport monitoring, inter-state alerts, and a detailed custodial-security inquiry.
Prison escape and custodial-security lapses arose after a detainee escaped from Aluva Sub Jail, allegedly by using an under-construction structure within the premises to cross the compound wall. Following his later appearance at a police station seeking return of his Aadhaar card, search measures included a lookout circular, information sharing with police stations, railway-security coordination, and alerting police in Assam. A detailed inquiry has been initiated into the prison-security deficiencies enabling the escape.

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India, Netherlands elevate ties to strategic partnership; ink 17 pacts on defence, critical minerals, other sectors

May 17, 2026

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The Hague, May 17 (PTI) Driven by shifting global geopolitics, India and the Netherlands elevated their ties to a strategic partnership and inked 17 agreements to boost cooperation in defence, critical minerals and other key sectors during talks between Prime Minister Narendra Modi and his Dutch counterpart Rob Jetten.

In their meeting on Saturday evening, the two prime ministers expressed deep concern over the situation in West Asia, especially its serious implications for the region and beyond in view of disruptions caused to the global energy supplies and trade networks.

Modi and Jetten also called for freedom of navigation and global flow of commerce through the Strait of Hormuz, while opposing any "restrictive" measures, and reaffirmed their support for ongoing initiatives in this regard, according to a joint statement.

Roughly one-fifth of global energy supplies pass through this narrow waterway, where shipping has been severely disrupted since February 28, after the US and Israel launched a joint attack on Iran, triggering retaliatory strikes.

The two leaders also discussed the situation in Ukraine - marked by the ongoing conflict with Russia and regional security developments.

They agreed to continue supporting efforts towards the achievement of comprehensive, just and lasting peace in Ukraine through dialogue and diplomacy, based on the principles of the UN Charter and international law, the joint statement said.

On the subject of Ukraine, the two sides also expressed concern over the ongoing war, which continues to "cause immense human suffering and carries global consequences", it said.

Modi landed in The Hague on Friday on a two-day visit as part of a four-nation trip to Europe - which also includes Sweden, Norway and Italy - aimed at ramping up bilateral ties on a range of key areas.

Following the Modi-Jetten talks, India and the Netherlands unveiled a "strategic partnership roadmap" to boost ties in trade and investment, defence and security, critical and emerging technologies, including semiconductors, space, AI and quantum computing.

The two leaders also launched an ambitious "India-Netherlands roadmap on the development of green hydrogen".

Modi and Jetten agreed to explore possibilities of establishing a defence industrial roadmap to ensure joint manufacturing of defence equipment, systems, components and other key capabilities through transfer of technology and setting up of joint ventures.

The Netherlands is one of India's largest trading destinations in Europe, with bilateral trade touching USD 27.8 billion in 2024-25.

The European nation is India's fourth largest investor with cumulative foreign direct investment of USD 55.6 billion.

The Netherlands, with its world class logistics network, also serves as a strategic gateway to Europe for Indian exporters, mainly through the Port of Rotterdam.

In the talks, the two sides also agreed to enhance cooperation in science and innovation, sustainability, health, agriculture, water management, climate change, energy transition, maritime development and people-to-people ties.

The agreements inked between the two sides will provide for boosting cooperation in areas of semiconductors, critical minerals, health, water, renewable energy, agriculture and culture among others, according to the Ministry of External Affairs (MEA).

A key pact signed following the Modi-Jetten meeting was one on migration and mobility, which is expected to facilitate movement of Indians to the European nation for jobs and education.

While deliberating on geopolitical developments, the two leaders called for a free, open and peaceful lndo-Pacific, based on respect for international law, sovereignty and territorial integrity, freedom of navigation and "absence of coercion and conflicts", according to the joint statement.

The remarks came against the backdrop of growing global concerns over China's increasingly assertive behaviour in the region.

Recognising the strategic importance of critical minerals for continued innovation, the two prime ministers expressed their mutual interest in strengthening cooperation across the critical minerals value chain, including exploration and integration of value chains.

China currently dominates the global critical minerals supply chain, controlling not only the extraction but also the refining, processing and intermediate manufacturing of more than 15 essential minerals.

Both leaders also welcomed an initiative to connect the Dutch Semicon Competence Centre to the Indian Semiconductor Mission, which aims to support and strengthen the semiconductor sector, the joint statement noted.

On enhancing overall two-way trade, Modi and Jetten emphasised the immense potential for further growth particularly in light of opportunities arising from the India-EU Free Trade Agreement, which was signed earlier this year.

"They agreed that the free trade agreement will strengthen political and economic ties between the world's second and fourth largest economies, at a time of rising geopolitical tensions and global economic challenges," the joint statement said.

In the meeting, Modi thanked Jetten for the continued Dutch support to India's permanent membership of a reformed and expanded UN Security Council.

According to the joint statement, Jetten strongly condemned the heinous and abhorrent Pahalgam terrorist attack in April 2025 - in which 26 people were killed - and extended his country's unwavering support to India in its fight against terrorism, including cross-border terrorism.

The two prime ministers unequivocally condemned terrorism in all its forms and manifestations and called for a "zero tolerance" approach to combat terrorism and rejected double standards in countering the menace, it said.

"There has been significant progress in India-Netherlands ties in the last one decade," Modi said in his televised opening remarks during the meeting with Jetten.

The prime minister said India considers the Netherlands among its most important partners as the historical and people to people relations between the two sides are "deep" rooted.

"Democratic values, market economy and responsible behavior are part of our common approach. Our cooperation in areas of water, healthcare and education has been making the lives of our people better," he said.

Modi also highlighted India's economic growth.

The prime minister suggested that there should be convergence of the Netherlands' expertise and India's "speed and skill" in every sector.

"We need to take our cooperation in areas of innovation, investment, sustainability and defence to new heights. Under this common vision, we are taking India-Netherlands relations to the level of strategic partnership," Modi said. PTI MPB ABD ABD

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