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    UK Foreign Secretary to visit India, China for talks on global challenges
    Onion farmers seek Rs 10,000 crore revival package, stable export policy from Centre
    Govt cuts windfall tax on petrol, diesel, ATF exports
    Odisha: Cooperative official held for misappropriating govt funds worth over Rs 33 lakh
    Court orders framing of charges against Jacqueline, Sukesh for money laundering; 'conman' charged under MCOCA in another case
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    RBI and State Bank of Vietnam Sign MoU on May 5, 2026 to Strengthen Digital Payments and Financial Innovation
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May 31, 2026
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UK-India trade and global security talks drive Yvette Cooper's visit to China and India amid wider cooperation plans.
UK Foreign Secretary Yvette Cooper is due to visit China and India for talks on global challenges, bilateral cooperation and the UK-India Vision 2035. The discussions are expected to cover the Strait of Hormuz, Russia's invasion of Ukraine and the Ebola outbreak in Africa, while the India visit will include engagement with business, academia and government stakeholders linked to the free trade framework.
May 31, 2026
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Onion growers' revival package demand centers on export stability, price protection, storage support and direct farmer assistance.
Onion growers in Maharashtra have sought a comprehensive revival package and a stable long-term export policy to address losses attributed to repeated export bans, export duty, minimum export price restrictions, buffer stock releases at low domestic prices, and crop damage from adverse weather, disease, spurious seeds and storage losses. The association also wants direct transfer of assistance into farmers' bank accounts, subsidies for certified seeds and storage infrastructure, and support for processing industries and farmer-owned value-added units.
May 31, 2026
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Windfall gains tax on fuel exports reduced as export duties and cess are eased while domestic rates stay unchanged.
Windfall gains tax on export of petrol, diesel and aviation turbine fuel was reduced from 1 June, with the levy on petrol cut to Rs 1.5 per litre, diesel reduced to Rs 13.5 per litre and aviation turbine fuel reduced to Rs 9.5 per litre. Road and infrastructure cess on export of petrol and diesel was made nil, while domestic duty rates on petrol and diesel remained unchanged.
May 30, 2026
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Cooperative fund misappropriation alleged through fabricated entries and diversion of government deposits for personal use.
Cooperative funds management was alleged to have been manipulated through fabricated day-book entries and diversion of government deposits by a former secretary of a service co-operative society. The allegations concern misappropriation of funds entrusted during his tenure, where the account records were shown as balanced while the corresponding cash was not deposited into the cooperative bank. The funds were stated to have been meant for agricultural and cooperative development schemes and were allegedly diverted for personal use.
May 30, 2026
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Money laundering and organised crime charges framed against accused over alleged extortion, impersonation, and layered proceeds of crime.
Delhi court ordered framing of charges in a money-laundering prosecution against Jacqueline Fernandez, Sukesh Chandrashekhar and others, finding prima facie material for proceeding under Section 3 of the Prevention of Money Laundering Act, punishable under Section 4. The allegations concerned proceeds of crime generated through extortion, cheating, impersonation and criminal intimidation, and their concealment, layering and projection as untainted property. In the connected case, charges were also directed under MCOCA, the Information Technology Act and related penal offences for organised crime and personation of public servants.
May 30, 2026
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Limited trade arrangement shapes India-EAEU free trade talks as negotiations on product-group liberalisation gain momentum.
India and the Eurasian Economic Union are discussing a limited and temporary trade arrangement covering selected groups of goods as part of negotiations for a proposed free trade agreement. The arrangement is being considered as a product-group-based free trade zone rather than a full liberalisation package. The trade liberalisation process has gathered momentum, with Terms of Reference signed to launch negotiations and the first round of talks already held.
May 30, 2026
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Database activity monitoring strengthens regulated sectors with real-time visibility, privileged access control, and compliance-ready audit trails.
Database Activity Monitoring platform for regulated organisations is presented as a security and compliance tool designed to address the lack of continuous, forensic-grade visibility at the database layer. It monitors query-level activity, privileged access, insider threats, and SQL behaviour in real time, while generating immutable audit trails and supporting forensic session replay and behavioural analytics. The platform operates through a fully on-premises, air-gap architecture, keeps data within the customer's infrastructure, and is aligned with major regulatory and security frameworks through audit logging, retention, access monitoring, and incident reporting.
May 30, 2026
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On-screen marking irregularities draw allegations of tender manipulation, with calls for a CBI probe and ministerial accountability.
Congress leaders alleged serious irregularities in CBSE's introduction of the On-Screen Marking System for Class 12 exams and the award of the related contract. They questioned changes in tender conditions on bidder eligibility, turnover, capability standards, data-centre requirements, and blacklisting safeguards, saying these revisions may have favoured a particular vendor. They demanded accountability from the Education Minister and called for a full CBI probe and an independent judicial inquiry.
May 30, 2026
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Cautious resilience in India's macroeconomic outlook as external shocks, monsoon risk and inflation pressures demand policy agility.
India's near-term macroeconomic outlook reflects cautious resilience amid likely moderation in economic activity, a below-normal monsoon risk, and persistent external and inflationary pressures. Domestic fundamentals remain broadly intact, supported by expansionary PMI readings, stable labour markets and foreign exchange reserves, while global headwinds from the West Asia conflict, elevated energy prices and tighter financial conditions continue to weigh on the outlook. Policy will need to remain agile across monetary, fiscal and structural dimensions to safeguard growth and keep inflation anchored.
May 30, 2026
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Gold exchange and import duty shape India's high gold import demand as consumers seek transparent valuation and lower cost buys.
India's gold imports remain high because domestic supply cannot meet demand for jewellery, investment, and seasonal purchases. Gold continues to serve as a cultural asset and family savings instrument, so demand persists even when prices rise. Rising prices and import duty have encouraged more consumers to use gold exchange, with organised jewellers gaining trust by offering transparent weighing, purity testing, separate stone valuation, and clear exchange practices that reduce dependence on freshly imported gold.
May 30, 2026
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Budget smartphone comparison highlights 4G affordability, 5G performance upgrades, and flexible Easy EMI purchase options.
TECNO expanded its budget smartphone lineup in India with the launch of the TECNO Pop X and TECNO Pop X 5G, positioned for different user needs and price segments. The standard model is an affordable 4G phone for everyday use, while the 5G model offers a larger display, stronger processor, improved camera system, bigger battery, faster charging, and dual 5G connectivity. Both phones are available through Bajaj Finance partner stores and may be purchased on Easy EMIs with flexible repayment tenures.
May 30, 2026
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Industrial park development gains focus as BHAVYA consultation outlines testing infrastructure, funding structure, and implementation-ready project planning.
Strengthening implementation of the BHAVYA Scheme through stakeholder consultation focused on investment-ready industrial parks, quality infrastructure and testing facilities, including the role of National Test House and Bureau of Indian Standards in supporting product testing, certification, standards compliance and quality control orders. The consultation addressed the BHAVYA Scheme framework and implementation roadmap, including eligibility conditions, land requirements, SPV structures, funding provisions, monitoring arrangements and the framework for private developer-led industrial parks. Detailed guidance was also given on preparation and submission of Detailed Project Reports, project identification, land readiness, infrastructure planning, connectivity, utilities, institutional arrangements and documentation requirements.
May 30, 2026
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Corporate Social Responsibility through zero coupon zero principal instruments enables regulated funding for public welfare projects on social stock exchange.
Corporate Social Responsibility has been expanded to include subscription to zero coupon zero principal instruments on the Social Stock Exchange, with Schedule VII widened to cover this activity. The CSR Policy Rules, 2014 now define Not for Profit Organization and Zero Coupon Zero Principal Instrument and prescribe conditions for implementation through such instruments under Rule 4A. The framework assigns project execution and evaluation to the NPO, requires issuance in accordance with Securities and Exchange Board of India regulations, and caps company expenditure on such instruments at ten per cent of annual CSR spend.
May 30, 2026
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Financial innovation and digital payments gain cross-border boost through India-Vietnam cooperation on QR code merchant payments.
The Reserve Bank of India and the State Bank of Vietnam signed a Memorandum of Understanding to promote cooperation in financial innovation and digital payments, including information exchange, regulatory coordination, and payment system connectivity for cross-border QR code-based merchant payments. The framework contemplates joint programmes and projects, sharing of standards and best practices, and development of cross-border payment linkages subject to applicable laws and regulations.
May 30, 2026
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Public Sector Banks performance review highlights record profitability, stronger asset quality, digital lending, and unclaimed asset restitution efforts.
Public Sector Banks were reviewed for business growth, profitability, asset quality, financial inclusion, digital lending, cyber resilience and operational risk management, with emphasis on governance, resilience and customer service. The review noted record aggregate business and net profit, with gross and net non-performing assets at historic lows, reflecting balance-sheet strengthening and prudent risk management. The meeting also highlighted efforts to trace and restitute unclaimed financial assets, launched a revamped multilingual and accessible Department of Financial Services website, and reviewed digital lending, grievance redressal, cost discipline and preparedness against global uncertainties.
May 29, 2026
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GST return compliance triggers provisional assessment, tax demand and proposed registration cancellation for persistent filing defaults.
GST authorities initiated action for persistent non-filing and delayed filing of GST returns, leading to a provisional assessment of tax liability under the CGST and SGST framework. The department issued a tax demand based on repeated irregularities in return compliance and also proposed cancellation of GST registration through a show-cause notice. The matter concerns return-filing obligations, provisional assessment, tax demand, and registration-cancellation proceedings under GST law.
May 29, 2026
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L-1 liquor licence denial turns on whether pending money laundering prosecution can justify refusal under excise law.
Wholesale liquor supply L-1 licence was denied on the basis of a pending money laundering prosecution. The challenge argued that, without conviction, there was no criminal background for licence denial under the Delhi Excise Act, and that discharge in the scheduled offence undermined the PMLA case. The High Court declined to interfere with the refusal and treated the pending prosecution as relevant to the licence applications.
May 29, 2026
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On-screen marking transparency faces answer-sheet mix-ups as CBSE reviews scanning quality and portal integration issues.
Around 20 answer-sheet mix-up cases were reported in CBSE's first-time on-screen marking process, with students identifying mismatched scanned copies through the portal. The board later shared the correct answer sheets with affected students and treated the complaints as top-priority concerns in the revaluation process. Scanning-quality issues also led to rescanning of about 68,000 answer sheets, while a little over 13,000 still did not attain the required legible quality even after rescanning.
May 29, 2026
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Rupee strength against the US dollar gains support from softer crude, weaker dollar and improved US-Iran ceasefire sentiment.
The rupee strengthened against the US dollar on improved market sentiment after optimism over a US-Iran ceasefire extension, lower crude oil prices and a softer dollar. Market participants also noted suspected central bank support, while attention shifted to the upcoming RBI Monetary Policy Committee meeting and its balance between currency stability and inflation management. Broader market conditions showed equity weakness, net foreign institutional selling and a decline in India's foreign exchange reserves.
May 29, 2026
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PMLA jurisdiction dispute over ED probe before scheduled offence and natural justice objections in appeal
CMRL has filed an appeal challenging an order permitting the Enforcement Directorate to continue a PMLA investigation before a formal FIR or final report by the SFIO. The company contends that no scheduled offence existed when the probe began and that a later complaint could not retrospectively confer jurisdiction on the ED. It also raises a natural justice objection, alleging that additional affidavits were allowed after reservation and that it was denied an opportunity to respond.

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Advocate Aashutosh Srivastava Conferred Honorary Doctorate in Law by Washington Digital University, USA

June 13, 2026

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New Delhi [India], June 13: Advocate Aashutosh Srivastava, a prominent Supreme Court lawyer and one of India’s leading legal professionals, has been honoured with an Honorary Doctorate in Law (Honoris Causa) by Washington Digital University, Seattle, United States of America. The prestigious recognition was conferred on 6 June 2026, marking a significant milestone in his illustrious legal career.
The certificate issued by the Board of Regents of Washington Digital University formally records that Advocate Aashutosh Srivastava has been awarded the honorary distinction of Doctorate in Law. This honour acknowledges his continued dedication to the practice of law, his contribution to legal service, professional responsibility, and public-oriented legal work.


His journey reflects discipline, commitment, and a strong belief in the role of law as an instrument for justice, protection of rights, and social order. This recognition is a proud moment not only for Advocate Srivastava personally but also for his colleagues, associates, clients, and well-wishers. It serves as an encouraging message to the public that sincere legal service, professional discipline, and commitment to justice continue to command respect and recognition.


The legal profession carries immense public responsibility. Every committed legal professional contributes to protecting rights, guiding citizens, assisting institutions, resolving disputes, and strengthening public confidence in the rule of law. Advocate Srivastava’s honorary recognition therefore stands as a motivating example for aspiring advocates, law students, and citizens who believe in justice-oriented service.


In an era where society increasingly looks to law for protection, fairness, and accountability, such achievements remind everyone that the legal profession remains an essential pillar of democracy.


A Journey of Perseverance and Excellence
Advocate Aashutosh Srivastava began his legal practice in 2006 after completing his B.S.L., LL.B. (First Class) from Pune University, Pune. He founded A A Associates, Advocates & Legal Advisors in Pune, which has since grown into a multi-location firm with offices across India and abroad (Mumbai, Delhi, Bangalore, Dubai, and New Jersey, USA). His brother, Savivek Pramod Srivastava, serves as the Managing Partner.


He regularly appears before the Supreme Court of India and various High Courts and is a Member of the Supreme Court Bar Association.


Notable Cases
Advocate Aashutosh Srivastava has successfully handled several high-profile and landmark cases including but not limited to:
• DSK Group Matter (Supreme Court and Bombay High Court): Successfully secured bail for D S Kulkarni and Smt. Hemanti Deepak Kulkarni in a major alleged financial scam case involving approximately ₹2,090 crores.


• WINSOME Group vs. Directorate of Enforcement (ED): Delivered favourable outcomes in enforcement proceedings.


• Landmark PIL in Bombay High Court: Argued a Public Interest Litigation against the Union of India, RBI, and a major bank. The petition was admitted as it affected millions of bank customers across India.


• GSEL vs. RBI (Supreme Court of India): Challenged an RBI circular and obtained a favourable landmark, reportable judgment.


• Bihar Boiler Blast Case: Successfully secured bail for the directors of the company in this high-profile matter widely covered by national media.


• Baba Siddique murder case Representing as a defense counsel for bail in an alleged Baba Siddique murder case
He is also recognised for his expertise in complex NDPS cases, anticipatory bail matters, CBI, ED, EOW, and SFIO investigations.


Prestigious Awards and Recognitions
The Honorary Doctorate in Law from Washington Digital University adds to his long list of distinguished honours:
• Mahatma Gandhi Samman for Legal Excellence in the House of Lords (British Parliament) in London in the year 2017.


• Economic Times Award for Excellence in Criminal Law
• Iconic Punekars Award by Pune Times Mirror
• Femina Achievers Award (2024 & 2026)
• Man of Excellence Award 2025
• Society Achievers Award (conferred by Hon’ble CM Shri Eknath Shinde and Hon’ble Dy. CM Shri Devendra Fadnavis)
• Times Power Icons Award
• Business Leader Award (2020) by The Economic Times
• Global Achievers Award (Dubai & Bangkok)
• International Achievers Award (Moscow)
• Legal Era Rising Stars Award (2017)
• Featured in Forbes India and multiple Femina cover features
Regular TV Panelist on National Electronic Media
Advocate Aashutosh Srivastava is a well-known and regular legal expert on national television. He frequently appears as a panelist and commentator on major channels including ABP Live, ET Now Swadesh, Zee Business, Ndtv, Aajtak, CNN News18, Times Now, India Tv and others. He provides clear and insightful analysis on constitutional matters, Supreme Court judgments, economic offences, scams, and current legal issues.


His clients include Multinational Corporations (MNCs), High Stakes Stock Brokers, Industrialists, Builders and Real Estate Barons, Film Producer, Diamond Merchants, Celebrities, Business men and HNI's.


Social Media, Website & Contact
• Official Website: https://www.advocateaashutoshsrivastava.com/
• X (Twitter): https://x.com/adv_aashutosh
• Facebook: https://www.facebook.com/advaashutoshs/
• Instagram: https://www.instagram.com/advocate_aashuutosh/
• YouTube: Search “Advocate Aashutosh Srivastava”
• LinkedIn: Advocate Aashutosh Srivastava
• Contact Number: +91-9822543129
Advocate Aashutosh Srivastava’s conferment of the Honorary Doctorate in Law is a milestone of dignity, inspiration, and encouragement. It reflects the importance of perseverance, public service, and professional integrity in the field of law. His achievements continue to inspire confidence in the legal system and motivate the next generation of lawyers to uphold the highest standards of justice and ethics.


(Disclaimer: The above press release comes to you under an arrangement with PNN and PTI takes no editorial responsibility for the same.). PTI PWR

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