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    Delhi tightens rules for ration shops, makes big stock discrepancies an FIR offence
    Regional Rural Banks (RRBs) Record Strong Growth in Credit Delivery during FY 2025–26
    METSTO Delivers Adjustable Pallet Racking System Solutions for Warehouses
    China rolls out new measures to boost consumption in counties, smaller cities
    Strengthening Collaboration to Preserve Sovereignty: Collaborative Cash Ecosystems - Global Strategies to Preserve Trust and Sovereignty - Keynote Add...
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    Cyber fraudsters invent 'boss' scam to target companies; Ahmedabad cops bust international network
    Personal Loan Prepayment Charges: What RBI Rules Say in 2026
    Zeeba Revamps Packaging and Announces Chef Vikas Khanna as Its Global Brand Ambassador
    Paul Merchants Finance Launches Loan Against Silver, Becomes India’s First NBFC to Set Up Exclusive Silver Loan Branches
    CarePass Launches This Independence Day, Bringing Healthcare Savings Across India's Top and Premium Hospitals
    Keralam CM flags off containers from Vizhinjam, marking start of EXIM operations
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    Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman chairs 3rd Meeting of Apex Monitoring Authority of NICDIT and reviews the pro...
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    DFS Hosts PSB Confluence 2026: Day 1 Deliberations focus on Four themes- Deposit Mobilisation, Banking for Youth, Supporting the Investment Cycle and ...
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August 18, 2026
Show AI Summary
Fair Price Shop regulation introduces graded stock-shortage penalties, mandatory FIRs for major discrepancies, and restructured licensing requirements.
Fair Price Shop regulation introduces quantity-based penalties for stock discrepancies, ranging from performance-guarantee forfeiture and replenishment obligations to interim suspension, cancellation-related action and mandatory FIR registration for major shortages. Repeated or deliberate diversion or manipulation of public distribution supplies may lead to cancellation, blacklisting and FIR registration. Licensing now includes continuing regular licences and short-term temporary licences, with wider eligibility, points-based selection, card-linked performance guarantees and compulsory approved e-PoS, weighing-scale and iris-scanner use.
August 18, 2026
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Priority sector lending strengthened rural credit access through agricultural, micro-enterprise and weaker-section finance, reinforcing financial inclusion and sustainable development.
Regional Rural Banks expanded rural credit delivery while maintaining strong Priority Sector Lending performance during FY 2025-26. Almost all Regional Rural Banks met the prescribed overall priority-sector target. Agriculture and allied activities remained the largest priority-sector component, with farm credit accounting for nearly all agricultural lending. MSME finance predominantly supported micro enterprises, rural entrepreneurs, artisans and small businesses. Lending to weaker sections and finance for housing, education, renewable energy and social infrastructure promoted inclusive access to institutional credit and sustainable rural development.
August 18, 2026
Show AI Summary
Adjustable pallet racking systems support customised, scalable warehouse storage through configurable layouts, safety assessment, installation and lifecycle support.
Adjustable pallet racking systems are configurable warehouse-storage solutions for varied inventory dimensions, weights and product types. They support bulk pallet storage, multi-level picking and high-density configurations through adjustable beams and shelves, load-bearing capacity, structural durability and space-efficient layouts. Storage configurations are customised after assessing inventory dimensions, payload requirements, available space and material-movement frequency, with support for design, installation, inspections and after-sales service.
August 18, 2026
Show AI Summary
Domestic consumption expansion targets lower-tier markets through improved retail channels, distribution networks, employment support and household income opportunities.
China has introduced measures to strengthen domestic consumption in counties, smaller cities, townships and rural areas. The measures include upgrading township commercial centres, rural markets and local fairs; encouraging domestic and international brands to establish regional debut stores; and reusing existing land resources to improve services. They also seek better services for elderly persons and children, stronger urban-rural distribution networks, county-level employment and resident income channels. The strategy supports a shift towards household consumption amid weak domestic demand, property-sector pressures and subdued consumer sentiment.
August 18, 2026
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Currency management preserves monetary sovereignty through clean notes, secure logistics, decentralised distribution, durable banknotes, and sustainable cash-cycle operations.
Currency management supports trust in cash and monetary sovereignty through demand planning, secure production, distribution, replacement, and disposal. The Clean Note Policy requires good-quality banknotes to be available in required denominations and locations, with unfit notes continuously withdrawn and replaced. A decentralised Currency Chest network distributes fresh currency, processes returned notes, supports linked bank branches, and operates under licensing, real-time reporting, inspection, and audit requirements. Current priorities include managing uncertain cash demand, improving note durability, and reducing the carbon footprint of the cash cycle.
August 18, 2026
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Independent investigation of alleged dubious transactions requires examination of all six allegations despite prior police conclusions.
Investigation into alleged dubious transactions involving Indiabulls Housing Finance Limited and related entities must cover all six allegations identified by the Enforcement Directorate. The CBI must independently examine five allegations previously reviewed by the Delhi Police Economic Offence Wing, irrespective of its conclusion, and submit a comprehensive report. Further investigation into the sixth allegation depends on the special PMLA court deciding the CBI's pending application, after which the CBI must provide a progress or status report.
August 18, 2026
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Boss scam prevention requires independent verification of payment requests and avoidance of malicious WhatsApp attachments that enable executive impersonation.
Boss scam, or CEO impersonation fraud, uses malicious WhatsApp attachments and impersonation of regulatory officials or company executives to obtain control of WhatsApp sessions and issue fraudulent payment instructions. The alleged network supplied SIM cards, dummy SIMs, WhatsApp accounts and one-time passwords to cyber-fraud operators, illustrating a Cybercrime as a Service model. Preventive measures include avoiding suspicious ZIP, executable, library and APK files and independently verifying all financial-transfer requests.
August 18, 2026
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Floating-rate personal loan prepayment protections prohibit charges and compulsory lock-ins for qualifying individual non-business borrowers from 2026.
Prepayment charges are prohibited for part or full repayment of qualifying floating-rate loans availed by individual borrowers for non-business purposes and sanctioned or renewed on or after 1 January 2026. Compulsory lock-in periods cannot restrict prepayment of such loans. Fixed-rate personal loans may still attract prepayment or foreclosure charges under lender policy and contractual terms. Borrowers should check the loan's rate type, sanction letter, loan agreement and key fact statement, where applicable, and compare applicable charges with potential interest savings before early repayment.
August 18, 2026
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Premium Basmati rice positioning drives Zeeba's packaging refresh and ambassador-led campaign focused on quality, authenticity and domestic expansion.
Zeeba has refreshed its packaging and appointed Chef Vikas Khanna as global brand ambassador to support expansion in India. Its "Aisa Basmati Nahi Dekha" campaign positions the brand around export-quality Basmati rice, consistency, authenticity and a superior culinary experience. Promotional activity will extend across digital, retail and consumer touchpoints. The premium Basmati range is described as carefully sourced, naturally aged and processed according to global quality standards, with emphasis on grain quality, authentic taste, purity and consistency.
August 18, 2026
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Silver-collateral lending creates a formal secured-credit channel for eligible borrowers, subject to regulatory requirements and lender policies.
Loans against silver collateral have been introduced following the Reserve Bank of India's Lending Against Gold and Silver Collateral Directions, 2025, enabling eligible regulated lenders to accept silver as security. The offering provides a formal and transparent credit channel against eligible silver jewellery, ornaments and approved silver coins. It is intended for individuals, proprietors and MSMEs requiring liquidity for personal, business and other legitimate financial needs, subject to lending policies and applicable regulatory requirements.
August 18, 2026
Show AI Summary
Healthcare discount membership provides instant savings on out-of-pocket care at participating premium providers without insurance claims or paperwork.
CarePass is a healthcare savings membership card providing instant point-of-billing discounts at participating premium healthcare providers across India. It covers out-of-pocket spending on hospital treatment, diagnostics, dental, vision, dermatology, hair and skin care, and IVF and maternity services, without claim processing, waiting periods or paperwork. Members present a digital CarePass at a participating provider to receive the applicable discount. Four membership tiers offer differing benefits, with higher tiers including tele-consultations and annual health checks. CarePass is a discount membership and not an insurance product.
August 18, 2026
Show AI Summary
EXIM operations at Vizhinjam commence with container movement, supported by investor facilitation, infrastructure backing and port-led logistics development.
EXIM operations at Vizhinjam international seaport commenced with the flagging off of two containers after a successful trial export shipment. The state government proposes investor engagement, regulatory facilitation and infrastructure support to expand global export activities through the port. Mission Samudra is to operate as a port-led industrial and logistics development scheme. The deep-water port was developed under a public-private partnership model and had received commercial commissioning certification.
August 18, 2026
Show AI Summary
Money-laundering investigation under PMLA expands through searches into alleged consultancy payments linked to CMRL and Exalogic Solutions.
Money-laundering investigation under the Prevention of Money Laundering Act involves fresh searches connected with Cochin Minerals and Rutile Ltd and Exalogic Solutions. The inquiry concerns alleged fraudulent payments made under the guise of IT consultancy services and a purported money trail involving persons allegedly connected with those transactions. The action follows earlier searches and questioning in relation to the same matter.
August 18, 2026
Show AI Summary
Recruitment examination irregularities trigger money-laundering investigation into alleged bribery, paper leaks, answer-sheet tampering, and preferential veterinary officer selections.
Money-laundering investigation under the Prevention of Money Laundering Act concerns alleged irregularities in veterinary officers' final selection through a public recruitment examination. Searches covered premises linked to commission officials, alleged intermediaries, the digital evaluation entity, and selected candidates. Allegations include bribery demands, examination-paper leakage, OMR answer-sheet tampering, and facilitation of selection for relatives of commission officials.
August 18, 2026
Show AI Summary
Export-import operations advance through operational preparedness review and planned port-led industrial and logistics development initiatives.
Operational preparedness for full land-based export-import operations at Vizhinjam Seaport was reviewed, including the Vehicle Traffic Management System. EXIM cargo operations follow a trial shipment of the port's first export container to Valencia. Mission Samudra is proposed to support port-led industrial and logistics development alongside these operations. The deep-water port was developed through a public-private partnership model and had obtained commercial commissioning certification before its dedication to the nation.
August 18, 2026
Show AI Summary
Industrial corridor development prioritises empowered SPVs, integrated infrastructure and investor-ready parks to accelerate manufacturing investment and operations.
National Industrial Corridor Development Programme implementation prioritises timely infrastructure completion, land allotment, investment mobilisation and commencement of manufacturing. PM GatiShakti-aligned planning requires integrated connectivity, utilities and social infrastructure, while States should resolve land, clearance and SPV-power bottlenecks. BHAVYA proposes investment-ready, plug-and-play industrial parks appraised for ready land, credible demand, connectivity, utilities, realistic phasing and early investor attraction. NICDIT routes Government participation and equity support for BHAVYA project SPVs, and NICDC coordinates implementation and monitoring.
August 17, 2026
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RERA compliance exemption for stalled housing projects raises whether statutory obligations may be waived to enable phased project completion.
RERA compliance exemption is sought for completion of 16 stalled residential projects by a public sector construction entity appointed under a project-completion arrangement. The appellate insolvency tribunal declined to direct a waiver, considering itself incompetent to exempt compliance with statutory provisions. The arrangement requires phased completion, award and commencement of construction work, and oversight through an apex committee and project-wise committees. The projects remain incomplete owing to the developer's financial crisis.
August 17, 2026
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Deposit mobilisation and youth banking guide strategies for stronger public financial institutions, investment financing and Global Capability Centre opportunities.
PSB Confluence 2026 considers strategic priorities for Public Sector Banks and Public Financial Institutions across deposit mobilisation, banking for youth, investment-cycle financing and Global Capability Centres. Discussions seek practical, scalable strategies to strengthen customer engagement, youth-responsive banking propositions, institutional financing capabilities and participation in the expanding Global Capability Centre ecosystem. Youth engagement may use the MY Bharat platform to strengthen links with the formal financial system and awareness of education finance, entrepreneurship, internships and financial-sector careers. Further themes include value-chain infrastructure, priority sector lending and credit card business reform.
August 17, 2026
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Banking-sector reform will guide lender capacity, financial stability, inclusion, consumer protection, deposit growth and responsible credit-card expansion.
Banking-sector reform is proposed through a high-level committee on Banking for Viksit Bharat to review the sector and align it with growth needs while safeguarding financial stability, financial inclusion and consumer protection. Key themes include deposit mobilisation, youth banking, investment support, global capability centres, value-chain infrastructure, credit cards and priority-sector lending. Public-sector banks are expected to improve competitiveness through technology, sectoral expertise, product adaptation and customer-focused deposit growth. Credit-card development must maintain responsible underwriting, customer protection and appropriate risk controls.
August 17, 2026
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FCNR(B) concessional swap facility availability narrows to timely mobilised deposits amid rupee depreciation and foreign currency inflow concerns.
Foreign-exchange conditions reflected rupee depreciation amid weak domestic equity markets and higher crude oil prices. FCNR(B) concessional swap facility availability is confined to foreign currency deposits mobilised by banks within the revised cut-off period, replacing the previously longer mobilisation window. The facility is intended to encourage foreign currency inflows, while banks use the FCNR(B) scheme to mobilise foreign currency deposits through attractive interest rates.

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May 29, 2026

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New Delhi, May 29 (PTI) Following are the top stories at 5.20 PM: NATION DEL38

INDO-US-GOR (3.06 PM) Limitless potential exists in India-US partnership: Gor New Delhi: No partnership is better positioned than the one between India and the US to seize emerging opportunities, particularly in the technology sector, US Ambassador Sergio Gor said on Friday.

BOM12 MH-HOOCH-2NDLD DEATHS (3.51 PM)

Spurious liquor kills 12 in Pune, eight held; CM says more arrests likely Pune: At least 12 persons died in Pimpri Chinchwad area and Pune city after consuming suspected spurious liquor, and the police have arrested eight individuals, including a key bootlegger, in this connection, officials said on Friday.

DEL46 UP-2NDLD BRIDGE COLLAPSE (3.59 PM)

* Part of under-construction bridge collapses in UP following storm, six labourers killed Hamirpur: (PTI) Six labourers were killed and three others injured after part of a bridge under construction collapsed following a storm over the Betwa river in Uttar Pradesh's Hamirpur district early Friday, officials said.

BOM9 GJ-SHAH-BORDER (2.08 PM)

Amit Shah begins visit to areas along international border in Gujarat Bhuj: (PTI) Union Home Minister Amit Shah on Friday started his visit to areas along the international border in Gujarat's Kutch, where he is also scheduled to chair a review meeting concerning security, said officials.

DEL37 LAW-MEGHWAL-WOMEN'S RESERVATION (3.02 PM)

Women's reservation won't have to wait for long: Law Minister Meghwal New Delhi: Union Law Minister Arjun Ram Meghwal has said that the women's quota law providing 33 per cent reservation for women in the Lok Sabha and state assemblies “won't have to wait for long”, as he indicated that it would be in place before the 2029 parliamentary polls.

DEL27 LAW -MEGHWAL-RETIRED JUDGES (2.04 PM)

Cooling-off period not needed for good judges post retirement: Law Minister Meghwal New Delhi: Union Law Minister Arjun Ram Meghwal has rejected the idea of a mandatory "cooling-off period" for retired judges before they take up assignments from the government, saying there is no case for restricting "judicious and mentally sound" people from continuing to work.

DEL42 RAHUL-CBSE-OSM (3.27 PM)

PM only cares about survival of his govt, not kids' future: Rahul New Delhi: Congress leader Rahul Gandhi said on Friday that Prime Minister Narendra Modi's silence on the CBSE debacle and inaction against the education minister showed he cared only about the survival of his government and not the future of lakhs of students.

DEL47 SIDDARAMAIAH-2NDLD GANDHI (4.10 PM)

Day after resigning as Karnataka CM, Siddaramaiah meets Rahul, Kharge in Delhi New Delhi: A day after resigning as the chief minister of Karnataka, Congress leader Siddaramaiah on Friday met Rahul Gandhi and Mallikarjun Kharge in the national capital, officials said.

BOM11 MP-COURT-TWISHA (2.55 PM)

Twisha death case: Court sends Giribala Singh to CBI remand for 5 days, extends Samarth’s custody Bhopal: A local court here on Friday remanded Twisha Sharma’s mother-in-law Giribala Singh and her husband Samarth Singh in CBI custody for five days in connection with the death of the model-actress.

* DEL53 HEALTH-NFHS 6-INSTITUTIONAL DELIVERIES (4.58 PM)

Institutional deliveries up from 88.6% to 90.6% in 2023-24: NFHS-6 New Delhi: Institutional deliveries in India have increased from 88.6 per cent in 2019-2021 to 90.6 per cent in 2023-24, moving closer towards universal coverage, according to the National Family Health Survey-6 released on Friday.

DEL40 BJP-CONG-KL-VANDE MATARAM (RPT)

BJP alleges Congress-led Kerala govt insulted Vande Mataram, governor under IUML's pressure New Delhi, May 29 (PTI) The BJP on Friday slammed the Congress-led Kerala government for allegedly insulting Vande Mataram and the governor by playing only the opening stanzas of the national song during a function at the state assembly.

MDS24 KL-ED-CONGRESS-VIJAYAN (3.22 PM)

Cong adopting ‘narrow-minded’ stand on ED action against oppn parties: Pinarayi Vijayan Thiruvananthapuram: Former Kerala Chief Minister Pinarayi Vijayan on Friday accused the Congress of taking a "narrow-minded" stand on ED actions against leaders of parties opposed to the BJP, claiming that the grand old party objects only when its own leaders are targeted.

BOM8 MP-DEMOGRAPHIC COMMITTEE-CHAIRMAN (2.01 PM)

Committee may recommend more stringent laws to deal with infiltration if necessary: Justice Naolekar Indore: Former Supreme Court judge Justice Prakash Prabhakar Naolekar, who heads the high-level committee for assessing demographic changes, has termed the demographic change caused by infiltration as a "huge challenge", and said the panel may recommend "more stringent laws" to the Centre if necessary. By Harshwardhan Prakash

MDS34 TN-TVK-CBI-AIADMK (4.52 PM)

Will not hesitate to demand CBI enquiry into 'horse trading' by TVK: AIADMK whip Tiruvannamalai (Tamil Nadu): AIADMK whip Agri S S Krishnamurthy on Friday said that the party will demand a CBI investigation if the alleged poaching of lawmakers via "multi-crore cash" transfers by the ruling TVK continues.

CAL17 WB-MAMATA-POEM (4.16 PM)

Amid dissent in TMC ranks, Mamata's 'Girgiti' poem takes swipe at political turncoats Kolkata: Amid a growing chorus of dissent within the TMC after its loss of power in West Bengal, party supremo Mamata Banerjee has penned a new poem titled 'Girgiti', which political observers believe carries a veiled message for leaders who have recently turned critical of the organisation.

CAL10 OD-SIR (2.47 PM)

Over 45k booth-level officers engaged to carry out SIR in Odisha from May 30 Bhubaneswar: The Election Commission of India (ECI) will engage over 45,000 booth-level officers (BLOs) to conduct Special Intensive Revision (SIR) of the voters' list in Odisha from May 30, an official said on Friday.

MDS32 KL-VANDE MATARAM-CM (4.27 PM)

Rendering Vande Mataram in full not mandatory: Kerala CM Satheesan Thiruvananthapuram: Kerala Chief Minister V D Satheesan on Friday said that rendering the national song, Vande Mataram, in full was not mandatory as there was no law enacted by the Parliament in that regard.

CAL18 MN-TRUCK DRIVER-LD SHOT (4.20 PM)

Truck driver dies in militant firing in Manipur's Ukhrul, CM condemns killing Imphal: A truck driver was killed and a police constable was injured when suspected militants fired at a convoy of goods vehicles in Manipur's Ukhrul district on Friday, an officer said.

CAL19 JH-MAOIST-ARREST (4.26 PM)

PLFI chief commander carrying Rs 10 lakh bounty arrested in Jharkhand Ranchi: Jharkhand Police has arrested the chief commander of the banned People's Liberation Front of India (PLFI), a splinter group of the Maoists, who carried a bounty of Rs 10 lakh on his head, a senior official said on Friday.

CAL20 WB-LD RAIN (4.32 PM)

Thunderstorms, heavy rain lash Kolkata, South Bengal; disrupt public life Kolkata: A powerful spell of thunderstorms accompanied by heavy rain and gusty winds swept across Kolkata and several districts of South Bengal on Friday afternoon, bringing relief from the scorching heat but also adding to major disruptions in public life.

BUSINESS DEL44 BIZ-RBI-REPORT-RUPEE-TRADE (3.46 PM)

Rupee being increasingly used for imports and exports: RBI report Mumbai: Rupee is being increasingly used for import and export invoicing over the years, showed the data compiled by the Reserve Bank of India, which said the INR internationalisation process has been mutually beneficial to all trading partners.

DEL31 BIZ-RBI-REPORT-FRAUDS (2.14 PM)

Financial institutions report over 10,000 cases of fraud involving Rs 48,000 cr in FY26: RBI data Mumbai: Banks and financial institutions, taken together, reported 10,114 fraud cases involving Rs 48,021 crore in 2025-26, against 23,722 cases involving Rs 32,803 crore in 2024-25, according to the annual report for the Reserve Bank released on Friday.

LEGAL LGD25 SC-NEET (3.19 PM)

NEET paper leak: SC stresses accountability; govt says PM personally supervising situation New Delhi: The Supreme Court on Friday stressed on accountability for the lapses in the NEET paper leak issue and said it was “actually very traumatic” not only for the students but for their families as well if something like this happened.

LGD28 SC-RELIANCE (4.01 PM)

* SC sets aside order directing RIL to disgorge Rs 447 crore New Delhi: The Supreme Court on Friday set aside an order directing Reliance Industries Ltd (RIL) to disgorge Rs 447.27 crore in a matter relating to the trading of Reliance Petroleum Ltd (RPL) shares in 2007.

LGD27 DL-HC-LD COCKROACH PARTY (3.59 PM)

HC asks review committee to examine unblocking of Cockroach Janta Party's X handle New Delhi: The Delhi High Court on Friday refused to order unblocking of satirical digital outfit Cockroach Janta Party's X account but asked a review committee under the IT Rules to examine the issue and take a decision before July 7.

LGD15 SC-WFI-LD PHOGAT (2.36 PM)

Vinesh Phogat to participate in selection trials for Asian Games 2026 after SC's nod New Delhi: The Supreme Court on Friday permitted wrestler Vinesh Phogat to participate in the selection trials to be held on May 30 and 31 for the Asian Games 2026.

LGD30 NGT-HEATWAVE-NOTICE (4.27 PM)

NGT seeks response from Centre, states regarding heatwave conditions across country New Delhi: The National Green Tribunal (NGT) has sought a response from the Centre, several states and others regarding scorching maximum temperatures and intense extreme heat across the country.

FOREIGN FGN24 CANADA-BISHNOI-LETTER (1.34 PM)

Canada police says Lawrence Bishnoi gang sent threat letter last year Toronto: The Canadian police has said the Lawrence Bishnoi gang sent a letter to it last year claiming it had more than "1,000 individuals willing to carry out shootings" in the country as part of its extortion operations targeting the South Asian diaspora, according to a media report.

FGN26 US-2NDLD SPELLINGBEE (2.26 PM)

Indian-American Shrey Parikh wins Scripps National Spelling Bee competition Washington: Shrey Parikh, a 14-year-old Indian-American student from California, on Friday won the Scripps National Spelling Bee after he spelt 32 of the 35 words correctly in 90 seconds.

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