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    Punjab's bicycle industry seeks release of pending GST refunds
    Bharat Buildcon 2026 Generates Rs. 400 Plus Crore Business, Emerges as India's Largest Global Platform for Building Materials Industry
    Manage Your Budget and EMIs with a Bajaj Finance Personal Loan Calculator in 2026
    Maharashtra govt tables Rs 97,706 cr supplementary demands; Rs 20,552 cr for farm loan waiver
    ED questions CMRL finance chief in Exalogic money laundering probe
    APEDA Facilitates First-Ever Export of Dried Whole Egg Powder from Odisha to Austria
    Participants of founding batch of Masters in Financial and Economic Crimes programme Visit EAC-PM; Quarterly Newsletter on Economic Security Launched
    Farmers invited to join CJP stir as Jantar Mantar protest heads into third day
    Kerala organ trafficking racket operated under guise of medical tourism co, says ED
    MP: ED conducts raids in 'fake' road construction bills case, freezes deposits worth about Rs 3 cr
    ED summons former Kerala CM’s daughter again in CMRL money laundering case
    ED attaches over Rs 1,000-cr assets in Goa 'illegal' iron ore mining case
    India boosts Russian, UAE oil purchases in Jun ahead of full Hormuz recovery
    Amid global uncertainties, par panel to study evolving economic conditions in India
    Limited increase in petrol, diesel prices in India despite global crude oil market volatility: Puri
    Hyderabad: ED auctions assets worth Rs 159 cr in Heera Group fraud case
    No real spike in petrol, diesel prices in India despite global crude oil market volatility: Puri
    BCBA Hosts Landmark Second Edition of The India Logistics Conclave 2026 at The Taj Mahal Palace, Mumbai
    HSBC INDIA OPENS NEW BRANCH IN SURAT TO SUPPORT WEALTH EXPANSION
    DBS Global University Achieves Record Placements with Sector-Diversified Strategy
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    June 22, 2026
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    GST refund delays deepen working capital stress for bicycle manufacturers seeking faster, transparent processing.
    Punjab bicycle manufacturers have sought immediate release of pending GST refunds, saying delays in processing refund claims have created severe working capital and liquidity stress. They said higher GST on inputs than on bicycles has blocked substantial funds, and urged a fully faceless and online refund mechanism to improve transparency and reduce corruption.
    June 22, 2026
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    Trade exhibition platform boosts Indian manufacturing, export opportunities and global buyer engagement across the building materials sector.
    Bharat Buildcon 2026 served as a major trade exhibition for the building materials, construction and infrastructure sectors, bringing together manufacturers, exporters, architects, builders, developers, contractors, distributors, retailers and global buyers on a single platform. The event showcased Indian manufacturing capabilities across multiple product categories and created opportunities for domestic and international business engagement. It also enabled Indian MSMEs and emerging manufacturers to connect with overseas buyers, distributors and sourcing partners, supporting export exploration, market expansion and broader global access.
    June 22, 2026
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    Unsecured personal loans with EMI calculator help borrowers compare tenures, estimate repayments, and plan budgets flexibly.
    Bajaj Finance Personal Loan is described as an unsecured, collateral-free borrowing option with repayment tenures from 12 months up to 108 months, interest rates based on borrower profile, and a fully online application process with minimal documentation. A personal loan calculator helps borrowers estimate EMIs and total repayment amounts by comparing loan amount, tenure, and interest rate, enabling budget planning and repayment assessment before applying.
    June 22, 2026
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    Supplementary budget demands expand funding for farm loan waiver, welfare schemes, utilities and infrastructure.
    Supplementary demands were tabled for the Maharashtra government, covering additional spending across unavoidable expenditure, programme-related spending and centrally supported schemes, with the net burden reduced after adjustments and recoveries. The largest proposed outlay was for the farm loan waiver scheme, alongside provisions for interest-free loans, electricity sector liabilities, urban development, employment missions, irrigation, welfare pensions, scholarship support and other public programmes.
    June 22, 2026
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    Money laundering inquiry over alleged payments without services and related loan transactions between CMRL and Exalogic Solutions.
    Money laundering inquiry concerns alleged financial transactions between Cochin Minerals and Rutile Ltd. and Exalogic Solutions Pvt Ltd, including allegations that payments were made without corresponding services and that related loan transactions generated proceeds of crime. The Enforcement Directorate questioned the Chief Finance Officer of CMRL in connection with record-keeping of the transactions and indicated that other senior company officials would also be summoned. The agency further directed Veena to appear for another round of questioning.
    June 22, 2026
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    Export of value-added egg powder highlights APEDA support, food safety compliance and expanding processed food trade.
    APEDA facilitated the first-ever commercial export of dried whole egg powder from Balangir, Odisha, to Austria, highlighting the export potential of India's value-added poultry products and processed egg products. The APEDA-registered exporter established an egg processing facility aligned with national and international food safety and quality requirements, including EIC standards and European Union hygiene requirements, and held FSSC 22000 Version 6, HALAL and KOSHER certifications. APEDA also supported processing infrastructure, food safety systems and laboratory testing capabilities to strengthen export competitiveness.
    June 22, 2026
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    Economic security and financial crime prevention gain focus through multidisciplinary training, regulatory coordination, and policy engagement.
    Financial and economic crime policy discussions emphasised the growing sophistication of financial frauds, money laundering, illicit financial flows and cyber-enabled financial crime, together with the need for technology-driven, collaborative and multidisciplinary responses. The interaction also highlighted the importance of strengthening institutional capability, enhancing regulatory coordination, promoting evidence-based policymaking and building resilience in the financial system to safeguard economic interests. The founding batch of the Master's in Financial and Economic Crimes programme visited the Economic Advisory Council to the Prime Minister as part of a Campus Immersion Programme and engaged with policymakers on economic security and emerging threats to India's financial ecosystem.
    June 21, 2026
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    Examination irregularities protest at Jantar Mantar grows as organisers press for accountability, solidarity and ministerial resignation.
    A protest at Jantar Mantar continued over alleged examination irregularities and the NEET paper leak, with organisers seeking wider participation, including support from farmer unions, and pressing for accountability from the Union Education Minister. The demonstration remained under police deployment and surveillance, while participants alleged restrictions on water, food, lighting and washroom access at the site. The protest agenda centred on demands for the minister's resignation, dialogue with the Centre and compensation for families of students affected by the examination controversy.
    June 21, 2026
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    Organ trafficking through fake medical tourism and forged donor records triggered money-laundering investigation and account freezes.
    Enforcement Directorate investigation under the Prevention of Money Laundering Act concerns an alleged organ trafficking racket in Kerala that operated through a front medical tourism company and exploited financially distressed donors. The alleged network was said to involve forgery, cheating, criminal conspiracy and illegal organ trafficking under the guise of altruistic organ donation, with forged records, transplant-related documents, searches, seizures, account freezing and examination of properties and financial trails to trace the proceeds of crime.
    June 21, 2026
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    Fake road construction bills trigger money laundering probe linked to forged invoices and alleged wrongful government payments.
    Enforcement Directorate action under the Prevention of Money Laundering Act was taken on the basis of FIRs registered by the Economic Offences Wing concerning alleged submission of fake bills in road construction works of the Madhya Pradesh Rural Road Development Authority. Contractors were said to have conspired with project implementation unit officials and fraudulently obtained government payments by using forged and fabricated invoices purportedly issued in the names of oil companies.
    June 21, 2026
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    Money laundering probe over alleged CMRL payments and related loans leads to fresh notice for questioning.
    Fresh notice was issued to Veena T for appearance in a money-laundering inquiry under the Prevention of Money Laundering Act concerning alleged transactions between Cochin Minerals and Rutile Ltd (CMRL) and her now-defunct IT company, Exalogic Solutions Pvt Ltd. The probe concerns allegations that CMRL made payments to Exalogic without corresponding services and that related loans were extended despite alleged default, with the Enforcement Directorate alleging that these transactions generated proceeds of crime.
    June 21, 2026
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    Prevention of Money Laundering Act attachment targets alleged illegal iron ore mining proceeds routed through offshore entities and assets.
    Provisional attachment under the Prevention of Money Laundering Act was issued in an alleged illegal iron ore mining case involving the Salgaocar Groups and associates in Goa. The attachment covered immovable properties in India and Singapore, along with equity shares in connected entities, on the basis that the assets were linked to proceeds generated from alleged unlawful mining, sale and export of iron ore. The alleged laundering route involved layering through BVI and Singapore-based special purpose vehicles, acquisition of overseas assets, and partial routing of funds back into India as share capital.
    June 21, 2026
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    Crude supply diversification drives India's higher Russian and UAE oil purchases as Hormuz flows slowly normalise.
    India increased crude oil purchases from Russia and the United Arab Emirates in June as refiners sought to secure supplies ahead of the fuller restoration of traffic through the Strait of Hormuz. Russian crude remained the largest source of supply, supported by competitive discounts and steady refinery demand, while India also raised purchases from Atlantic Basin and Venezuelan sources to diversify amid disruption to Gulf flows. The reopening of the Strait of Hormuz is expected to normalise energy shipments in stages, with LPG recovering first, followed by LNG and crude oil.
    June 21, 2026
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    Economic conditions in India to be examined amid global uncertainty, with focus on growth, inflation, employment, and trade.
    Parliamentary financial oversight has added evolving economic conditions in India as a subject for detailed examination for the year 2025-26. The proposed study is directed to assess the country's economic position in light of global uncertainty, geopolitical tensions, tariff-related pressures, supply chain disruptions, and commodity price fluctuations, with particular attention to growth, inflation, employment, investment trends, fiscal management, banking developments, trade, and the impact of external developments on domestic conditions.
    June 20, 2026
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    Petrol and diesel price stability highlighted amid global crude volatility, with excise duty cuts and inventory costs absorbing pressure.
    Petrol and diesel prices in India have remained relatively stable despite volatility in global crude oil markets, with excise duty reductions said to have absorbed the burden of price swings. The minister said oil marketing companies are facing losses on higher-cost crude inventories, but fuel prices could soften when lower-priced crude reaches refiners. The address also highlighted Sonbhadra's development ranking, Uttar Pradesh's economic growth, startup expansion and tourism-driven activity in Ayodhya, Kashi and Prayagraj.
    June 20, 2026
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    Money laundering asset auction: attached Heera Group properties sold for investor restitution under judicial supervision.
    The Enforcement Directorate auctioned 23 immovable assets earlier attached under the Prevention of Money Laundering Act as properties derived from the proceeds of crime in the Heera Group money-laundering investigation. The auction was conducted through MSTC pursuant to directions of the Supreme Court, and the proceeds are to be used for restitution and repayment of genuine investors under judicial supervision.
    June 20, 2026
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    Fuel pricing stability remains despite crude volatility as excise duty cuts and inventory effects cushion consumers.
    Petrol and diesel prices in India have not materially increased despite volatility in global crude oil markets, with the government saying excise duty reductions absorbed much of the pressure. The statement says oil marketing companies have faced losses without passing the full burden to consumers, and that fuel prices may soften when lower-priced crude reaches refiners. It also highlights India's economic growth, Sonbhadra's development progress, and Uttar Pradesh's expansion in industry, employment and tourism-linked infrastructure.
    June 20, 2026
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    Logistics ecosystem collaboration drives India's trade facilitation agenda at the India Logistics Conclave 2026.
    The Brihanmumbai Custom Brokers' Association hosted the second edition of the India Logistics Conclave 2026 in Mumbai, bringing together more than 550 delegates, government leaders and industry participants from the customs, ports, shipping, trade and logistics sectors. The conclave featured sessions on the roadmap for India's long-term development, the digital backbone of customs and trade, geopolitics and trade, and policy and infrastructure for a futuristic logistics ecosystem.
    June 20, 2026
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    Wealth banking expansion drives HSBC India's new Surat branch, strengthening services for affluent and non-resident clients.
    HSBC India opened a new branch in Surat, Gujarat, to strengthen its presence in an emerging wealth and industrial centre and expand services for affluent, HNW, UHNW and non-resident Indian customers. The launch forms part of the bank's broader wealth strategy in India and follows Reserve Bank of India approval in 2025 to open additional branches in key cities. HSBC India said the branch is intended to support a growing customer base in emerging wealth hubs and its continued branch network expansion across India.
    June 20, 2026
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    Sector-diversified placement strategy strengthens recruiter confidence and broadens student opportunities across multiple industries.
    DBS Global University reported a placement season driven by a sector-diversified recruitment strategy intended to reduce dependence on any single industry amid broader hiring slowdowns, especially in IT and banking. The placement team expanded relationships across core and emerging sectors, using placement intelligence, alumni networks and a curriculum aligned to industry needs to maintain recruitment momentum across a wider employer base. Placements were described across IT, FMCG, cement, home construction, retail, edtech, logistics, banking, consulting, NBFC, insurance, ecommerce and manufacturing, with roles in leadership, supply chain management, operations and brand management.

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      Supreme Court on Company Law - Compendium of Cases Third Edition - Another Landmark Publication by Aseem Chawla, Senior Advocate

      June 23, 2026

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      New Delhi, Delhi, India (NewsVoir) Aseem Chawla, Senior Advocate, a distinguished Tax & Business Lawyer, has unveiled the Third Edition of “Supreme Court on Company Law” (Compendium of Cases) (1950-2025) covering judicial pronouncements over a period of seventy-five years from 1950 to 2025, following the Second Edition published earlier in 2022 by Bloomsbury/Corporate Law Advisor.

      The Compendium, through a Pedagogical Reference spread across Three Volumes, compiles the landmark judgments rendered by the Hon’ble Supreme Court on matters arising under The Companies Act, 1913, The Companies Act, 1956 and The Companies Act, 2013.

      Each judgment has been supplemented with concise headnotes highlighting the ratio decidendi of the Hon’ble Apex Court. Relevant paragraphs of the judgments have also been specifically referred to, for ease of reference. Besides the Nominal Index, the Compendium has been enriched with a comprehensive Subject Index and Section Index drafted in a lucid and structured manner, thereby significantly enhancing the utilitarian & research value of the publication.

      Hon’ble Justice Ujjal Bhuyan, Judge, Supreme Court of India, in his Coveted Foreword, applauds the work highlighting that it consolidates authoritative pronouncements under the Company law in a systematic manner performing an important and enduring function. In compiling the judgments spanning over the period from 1950 to 2025, The Third Edition (In Three Volumes), provides readers with an opportunity to trace development of the law, understand its Doctrinal Foundation and appreciate its adaption to Contemporary Realities.

      Hon’ble Justice Bhuyan in his appreciation highlights The Third Edition as a product of sincere effort, hard work, meticulous planning and a serious scholarship. The curation of judgments across the spectrum from the Companies Act, 1913, through the Companies Act, 1956 to Companies Act, 2013 arranged seriatim for ready reference, demonstrates deep engagement with the subject and a clear understanding of the needs of those who rely upon such reference in their professional and academic work.

      In his Descriptive Testimonial, Hon’ble Justice V. Kameswar Rao, Judge, High Court of Delhi alludes that the work comprehensively covers judgments of the Supreme Court of India rendered over a span of seventy-five years, from 1950 to 2025, and are presented in a manner that is both systematic and easy to discern. Per Justice Rao, the distinguishing feature of The Compendium is not merely in providing the Compilation of decided cases, but in the manner in which the evolution of Company Law Jurisprudence has been traced across Changing statutory frameworks.

      About the Curator Aseem Chawla, Senior Advocate, is a Member of Bar Council of India & Fellow Chartered Accountant and Certificate Holder of “Comparative Tax Policy & Administration” from Harvard Kennedy School & “Vienna Certificate in Double Tax Treaties” from Vienna University of Economics and Business, Austria. He has also been conferred an Honorary Doctorate Award (HONORIS CAUSA), for his academic contribution in the field of Law.

      He is an accredited Trust & Estate Practitioner and Member of Society of Trust & Estate Practitioners, United Kingdom (STEP) and is well regarded for advising Large Families & Corporate Houses on Governance, Mediation, Evaluation of Alternate Forums of Dispute Redressal Arbitration & Family Succession and Estate Planning Aspects.

      He has over two decades of focused experience in advising on a variety of Corporate, Tax (including International Taxation), Business Advisory and Legal matters, Representation & Litigation Practice, Exchange Control Regulatory & White-Collar Crimes. Before being designated as Senior Advocate, he was in January 2023, appointed as The Senior Standing Counsel of Income Tax Department for representing cases on behalf of the Revenue before the Hon’ble High Court of Delhi & other Judicial fora in Delhi. He presently acts as Special Counsel for the Income Tax Department in contentious matters and is also engaged as Senior Counsel by The Competition Commission of India.

      Aseem has several authorships to his credit and consistently contributes to numerous academic & professional journals. His authorship on the Indian Contemporary Tax Landscape & Fiscal Policy Developments titled, “Finding a Straight Line Between Twists and Turns: Imperfect, Yet Honest Reflections on the Indian Tax Landscape” has received global encouragement from the leading lawyers, & academicians. His more recent publication, “Play in the Joints: Tax Insights & the Play Continues”, An Insight to the Contemporary Tax Practice & Litigation Trends, was released in the august presence of leading legal luminaries.

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

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