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    ED raids several places in UP, Haryana in GST fraud case; over Rs 1 crore cash seized
    From Syrup Diversion to Sugar Production: SED's Integrated Process House Solution for Shivshakti Sugars' 7,500 TCD Plant
    Chandigarh University Provides In-House Training for Civil Services, Defence, Management, Banking & PSUs
    ICSI inaugurates new Chapter Office in Hyderabad
    Curis Lifesciences Charts a New Growth Path with Uninova, Export Markets and Branded Pharma Expansion
    IBC @ Crossroads: A Decade of Evolution, The Road Ahead
    Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman will embark on official visit to Canada and USA from 25th August to 2nd Septemb...
    UPI Completes 10 Years of Digital Payments Revolution- Globally Recognised as World’s Largest Real‑Time Payment System
    PROVISIONAL ESTIMATES OF SERVICE PRODUCER PRICE INDICES (BASE YEAR 2022-23) FOR Q1 OF FY 2026-27 AND FINAL INDICES FOR Q4 OF FY 2025-26.
    Minister of State for Commerce and Industry and Electronics & Information Technology Shri Jitin Prasada on Official Visit to Morocco.
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    Goyal says India negotiating FTAs with 8-9 more blocs, aims to cover 75 pc of global trade
    Rupee rises 7 paise to 95.64 against US dollar in early trade
    Woman passenger from Sharjah held with undeclared gold chain at Ahmedabad airport
    Delhi: Retired railway employee put under 'digital arrest', duped of Rs 30 lakh; one held
    CPI(M) accuses ED of ‘politically targeting’ Pinarayi Vijayan in CMRL case
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August 24, 2026
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Bogus input tax credit fraud investigation examines fabricated invoices, circular transactions, layered funds and alleged proceeds of crime.
Investigation into alleged bogus input tax credit fraud involved searches under the anti-money-laundering framework. The alleged scheme involved fabricated invoices and e-way bills without actual movement of goods, circular transactions, layered funds, cash withdrawals and bogus or non-existent entities. GST authorities identified fraudulent availment of input tax credit causing wrongful loss to the government exchequer. The investigation focused on tracing alleged proceeds of crime, identifying beneficiaries, and securing documentary and digital evidence.
August 24, 2026
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Sugar crystallization process integration combines evaporator upgrades, continuous boiling, heat recovery and automation for efficient plantation white sugar production.
Sugar manufacturing process integration is proposed through strengthening an existing evaporator station and adding a sugar crystallization section to convert syrup production into plantation white sugar production. The scope covers design, engineering, equipment supply, erection and commissioning of condensate heaters, falling film evaporators, heat-recovery systems, continuous pans, vacuum systems and crystallizers. Continuous massecuite boiling will use chamber-specific control, while evaporator recirculation and online chemical-cleaning provisions support process control and low-grade vapour utilisation.
August 24, 2026
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Competitive examination preparation supports career pathways in civil services, public employment, management, defence, research and international higher education.
Career-development and competitive-examination preparation is offered alongside academic programmes for civil services, government and public-sector employment, banking, engineering higher education, management, defence, teaching, research and overseas education. UPSC, SSC-CGL, Bank PO, GATE, CAT, CDS, UGC-NET, GRE, GMAT and IELTS preparation includes courses, workshops, mentorship, expert guidance and examination-specific resources. Access to examinations, admissions and career opportunities remains subject to applicable eligibility, selection and institutional criteria.
August 24, 2026
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Corporate governance professionals gain expanded training infrastructure as Hyderabad's new Chapter Office supports Company Secretaries and students.
Institute of Company Secretaries of India has inaugurated a Chapter Office in Hyderabad to expand infrastructure for professional education, training, examinations, meetings, capacity-building programmes and stakeholder engagement. The facility is intended to support Company Secretaries and students and enable wider professional and educational activities. Company Secretaries are identified as corporate governance professionals, with expanding regulatory requirements and the formalisation and listing of micro, small and medium enterprises creating potential demand for qualified professionals.
August 24, 2026
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Diversified pharmaceutical growth combines branded portfolio expansion, contract manufacturing, merchant exports, and regulatory registrations for international market development.
Curis Lifesciences Limited plans a diversified pharmaceutical strategy spanning domestic branded products, contract manufacturing and international market development. Its majority acquisition of Uninova Lifesciences is intended to strengthen own-brand marketing, distribution and portfolio expansion, including injectable products through third-party manufacturing. International initiatives include merchant exports in Kenya and a Nigerian joint venture pursuing own-brand regulatory registrations alongside contract-manufacturing and export opportunities. Commercial development in Nigeria remains contingent on relevant licences and purchase orders, while projections are subject to regulatory, market and other business factors.
August 24, 2026
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Insolvency framework reform prioritises efficient resolution, value maximisation, stakeholder coordination, institutional strengthening and technology-enabled asset recovery.
Insolvency and Bankruptcy Code, 2016, entered its tenth year amid deliberations on legislative amendments, resolution timelines, stakeholder interests and value maximisation. Key areas included resolution plans and tax implications, liquidation processes, recent judicial developments, stakeholder coordination, and the roles of insolvency professionals, regulators, banking institutions and adjudicatory processes. Technological innovation, including artificial intelligence for asset tracing and recovery, alongside regulatory strengthening, capacity building and stakeholder collaboration, was emphasised for the future development of the insolvency ecosystem.
August 24, 2026
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Bilateral economic and financial cooperation will advance through investment dialogues, business engagement, financial-sector partnerships, and global economic discussions.
Official visits to Canada and the United States are scheduled to strengthen bilateral economic and financial partnerships, deepen investment linkages, and advance cooperation on global economic priorities. Engagements include an Economic and Financial Dialogue, investment and business roundtables, corporate meetings, and discussions on financial-sector cooperation, technology, innovation, critical minerals, resilient supply chains, and a Comprehensive Economic Partnership Agreement. Participation in the G20 Finance Ministers and Central Bank Governors Meeting will address global economic growth, stability, and international financial cooperation.
August 24, 2026
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Interoperable real-time payments enable inclusive retail transactions, bank participation, and cross-border digital payment expansion through UPI.
Unified Payments Interface (UPI) operates as an interoperable, real-time digital payments platform for peer-to-peer and person-to-merchant transactions. Its network includes varied banking institutions acting as remitter and beneficiary payment service providers, with performance monitoring across participants. Person-to-merchant payments drive transaction volume through routine small-ticket retail use, while person-to-person payments represent a larger share of transaction value. UPI also supports cross-border digital payments, with future growth linked to technological advancement, broader adoption, policy support, and financial inclusion.
August 24, 2026
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Service Producer Price Indices track quarterly price movements across financial, transport, telecom and insurance services using sub-service weights.
Service Producer Price Indices based on 2022-23 set out provisional first-quarter estimates for FY 2026-27 and final fourth-quarter estimates for FY 2025-26 across financial, insurance, telecom, railway and air-passenger services. Latest quarterly data show negative year-on-year inflation for securities transaction and banking services, while banking service contribution, pension-fund management, insurance, telecom and railway services record positive inflation. Aggregate weights are not assigned because the covered services do not represent the entire service sector; sub-service weights are used to derive service-level PPIs.
August 24, 2026
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Food safety cooperation supports imported-food quality information exchange and technical collaboration within broader bilateral economic and trade engagement.
India-Morocco economic cooperation is being advanced through discussions on trade diversification, market access, investment, industrial cooperation, customs, agriculture, food safety, energy, digital transformation and logistics. A proposed food safety Memorandum of Understanding would support exchanges on imported-food safety and quality, testing laboratories, analytical methods, import procedures, quality control, sampling, testing, packaging and labelling. Proposed cultural cooperation would promote professional exchanges, heritage conservation and institutional linkages.
August 24, 2026
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Foreign-exchange market conditions pressured the rupee as dollar strength, crude concerns and geopolitical uncertainty shaped narrow USD/INR trading.
Foreign-exchange market conditions led the rupee to close marginally lower against the US dollar after reversing initial gains. The USD/INR pair traded within a narrow range amid a stronger dollar index, weak domestic equity markets, importer demand, crude-oil concerns and geopolitical uncertainty. Market commentary indicated a slight negative bias for the rupee, although possible US-dollar weakness could provide support at lower levels. India's foreign-exchange reserves increased during the referenced reporting week.
August 24, 2026
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Branch expansion for wealth and cross-border banking services targets emerging commercial centres and affluent customer segments across India.
HSBC India's branch expansion is directed at extending wealth, international banking, and corporate banking services to affluent, high-net-worth, ultra-high-net-worth, and non-resident Indian customers in emerging commercial centres. The Nashik opening forms part of a broader branch-expansion programme undertaken after Reserve Bank of India approval to establish additional branches in key cities. The programme is intended to expand delivery of banking and financial services, including support for cross-border wealth management, overseas investment by Indian companies, and foreign investment into India.
August 24, 2026
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Bilateral trade and investment cooperation advances through business engagement in high-technology manufacturing, clean energy, innovation and industrial collaboration.
India's commerce and industry engagement with Japan is structured around a business delegation visit to deepen bilateral trade, investment, technology and industrial collaboration. Sector-focused discussions cover semiconductors, artificial intelligence, start-ups, automotive manufacturing, steel, electronics, industrial and consumer markets. Business roadshows and investor interactions are directed at presenting opportunities in India's manufacturing, clean-energy and consumer sectors, while advancing cooperation in high-technology manufacturing and next-generation industries.
August 24, 2026
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Inter-state heroin trafficking enforcement uncovered concealed narcotics in transport vehicles, triggering arrests, confiscation, and continuing supply-chain investigations.
Operation Black Hawk targeted an alleged inter-state heroin trafficking network moving crude heroin from the North-East region towards Uttar Pradesh. Intelligence-led vehicle tracking and highway interceptions resulted in the seizure of over 18.6 kg of crude heroin and the arrest of three suspected network members under the Narcotic Drugs and Psychotropic Substances Act, 1985. The narcotics were detected in specially fabricated concealed compartments within a passenger vehicle fuel tank and a heavy commercial vehicle body frame. Both vehicles and the contraband were confiscated, while financial and logistical investigations continue into suppliers and distribution channels.
August 24, 2026
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Five-day banking and uniform performance incentives drive proposed bank union action over unresolved pension and employment demands.
Banking labour relations are affected by proposed nationwide industrial action over five-day banking, performance-linked incentives, and pension-related demands. Five-day banking remains pending despite a bipartite arrangement for extended weekday hours. Unions dispute an incentive scheme that differentiates awards by seniority and individual performance, contending that it departs from bank-level performance linkage and uniformity across cadres. They also allege that implementation during pending conciliation breaches a status quo obligation, while pension revision, uniform dearness allowance, and a pension-scheme switch option remain unresolved.
August 24, 2026
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Free trade agreement strategy expands preferential market access and supports India's integration into global value chains and investment partnerships.
India's free trade agreement strategy seeks to expand preferential market access and integrate the country into global value chains as a trusted trading partner. Negotiations with additional country groups and individual nations are intended to extend agreement coverage to a substantial share of global trade. Investment opportunities are identified in data centres, manufacturing and artificial intelligence, alongside an objective of developing more balanced trade relations between India and Japan.
August 24, 2026
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Foreign exchange market conditions supported rupee appreciation, but crude prices, importer demand and geopolitical sanctions concerns limited gains.
Foreign exchange market conditions supported a modest early appreciation of the rupee against the US dollar due to relative dollar softness. The gain was limited by elevated crude oil prices, importer demand for dollars, and caution over anticipated sanctions affecting Iranian oil trade, banking networks and shipping routes. Currency markets remained sensitive to geopolitical uncertainty and possible wider trade effects.
August 23, 2026
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Undeclared gold importation led to customs interception, seizure, arrest and continuing investigation after concealment inside passenger clothing.
Customs enforcement against undeclared gold importation involved interception of a passenger arriving from Sharjah at Ahmedabad airport following passenger profiling. A gold chain concealed inside clothing was recovered after it was not declared for customs purposes. The chain was seized and the passenger was arrested under the Customs Act, 1962, before being released on bail, with further investigation continuing.
August 23, 2026
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Digital arrest cyber fraud used impersonation, forged notices and coercive video calls to obtain transfers through mule accounts.
Digital arrest cyber fraud allegedly used impersonation of law-enforcement and central banking officials, fabricated notices, threats of arrest and continuous video communications to coerce a retired railway employee into disclosing financial details and transferring funds for purported verification. The alleged proceeds were routed through mule and shell accounts. Banking records, KYC details, digital evidence and transaction trails allegedly connected a recipient account with suspicious transactions and multiple cyber-fraud cases; part of the cheated amount was recovered or refunded.
August 23, 2026
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Political targeting allegations challenge money-laundering enforcement actions, searches, questioning, and public disclosures in the CMRL investigation.
CPI(M) alleges that enforcement action under the Prevention of Money Laundering Act in the CMRL matter is politically motivated targeting of Pinarayi Vijayan, family members and party associates. It contends that searches, questioning and public communications during the investigation were used to create suspicion without incriminating evidence, and characterises references to hawala as a new investigative narrative. The party also alleges selective anti-money-laundering enforcement against opposition leaders and states that the company will address the CMRL-related matter.

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HIGHLIGHTS

July 31, 2026

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New Delhi, Jul 31 (PTI) Following are the top stories at 9 pm NATION DEL97 MEA-US-BILL (8.56 PM)

Closely monitoring: India on US bill seeking up to 100 % tariffs on purchasers of Russian oil New Delhi: Days after the US Senate cleared a new bill that would authorise President Donald Trump to impose tariffs of up to 100 per cent on India, China and other major buyers of Russian oil and gas, New Delhi on Friday said it was closely monitoring the situation.

DEL51 MEA-INDIA-POJK (4.52 pm)

India calls for global scrutiny over Pak's 'ruthless' crackdown in PoJK New Delhi: India on Friday called upon the international community to scrutinise Islamabad's "ruthless" use of force against peaceful protesters in Pakistan-Occupied-Jammu and Kashmir (PoJK) and hold it accountable for the "atrocities".

DEL92 PM-INDIA-LD UK (8.12 PM)

PM Modi, UK PM Burnham commit to harnessing full potential of mega trade deal New Delhi: Prime Minister Narendra Modi and his British counterpart Andy Burnham vowed on Friday to take the India-UK comprehensive strategic partnership to "new heights" and maximise the benefits of the newly operationalised trade deal during a phone conversation covering key aspects of bilateral ties.

BOM32 MH-6THLD COLLAPSE (8.40 PM)

10 killed as 4-storey building, declared 'dangerous' in 2020, collapses in Bhiwandi town Thane: At least 10 people were killed and three others injured after a four-storey residential building, tagged as 'dangerous' in 2020 by the local civic body and currently undergoing repairs illegally, collapsed in Bhiwandi town of Maharashtra's Thane district, officials said on Friday.

DEL94 PM-CABINET (8.24 PM)

Modi hails Cabinet decisions on PM-Kisan extension, Khelo India expansion, key flagship schemes New Delhi: Prime Minister Narendra Modi on Friday hailed the Union Cabinet's decision to extend the PM-KISAN scheme for another five years till 2030-31 with an outlay of over Rs 3.15 lakh crore, saying it will help farmers meet their needs related to seeds, fertilisers, and farming while improving their economic condition.

DEL96 MEA-INDIANS-LD RUSSIA (8.27 PM)

2 dozen Indians still working with Russian Army, efforts on to secure their release: MEA New Delhi: India on Friday said around two dozen Indian nationals are still serving in the Russian Army and efforts are underway to secure their release.

DEL62 CAB-LD OIL EXPLORATION (5.27 PM)

Cabinet approves Rs 84,084-cr offshore exploration scheme; govt to fund up to Rs 650 cr per well New Delhi: The Union Cabinet on Friday approved the Rs 84,084-crore "Samudra Manthan" National Offshore Exploration Scheme to partly fund the high cost of finding oil and gas in deepwater areas, drilling exploratory wells and building common infrastructure to bring new discoveries into production.

DEL59 CAB-LD-PM KISAN (5.11 PM)

Cabinet approves extension of PM-KISAN scheme till FY'31 with outlay of Rs 3.15 lakh crore New Delhi: The government on Friday extended the PM-KISAN scheme for the next five years till 2030-31 with a total outlay of over Rs 3.15 lakh crore, a decision aimed at providing financial support to farmers.

DEL90 IMD-AUG-LD FORECAST (7.27 PM)

Average rainfall in India during second half of monsoon to be below-normal: IMD New Delhi: India as a whole is most likely to witness below-normal rainfall during the second half of the southwest monsoon from August to September, the India Meteorological Department (IMD) said in its monthly forecast issued on Friday.

PAR9 LS-LD BIRTH BILLS (1.43 pm)

Births and Deaths (Amendment) Bill, 2026, passed in LS amid protests over police crackdown New Delhi: The Lok Sabha on Friday passed the Registration of Births and Deaths (Amendment) Bill, 2026, amid Opposition protests over the police crackdown on students during the July 20 Parliament march, with the legislation being cleared without a debate.

PAR11 CONG-LS-PRIVILEGE (2.58 pm)

'Misled House': KC Venugopal submits privilege motion notice against Union minister Jitendra Singh New Delhi: Congress MP K C Venugopal on Friday submitted a notice to move a privilege motion against Union Minister Jitendra Singh over his statement that "no firing took place" during the recent student protests.

CAL31 WB-CM-2ND LD REVENUE LEAKAGE (6.38 PM)

Suvendu alleges Rs 15,000 crore revenue leak in Birbhum under TMC rule, accuses Mamata of complicity Kolkata: West Bengal Chief Minister Suvendu Adhikari on Friday alleged an approximate Rs 15,000 crore revenue leak in Birbhum district alone over the past 15 years, and said it would not have been possible without the support of the previous Mamata Banerjee dispensation.

MDS37 LD CAUVERY (8.16 PM)

Cauvery row rages on; CM-level talks in limbo as Shivakumar asks Vijay to defer B'luru visit Bengaluru/Chennai: The Cauvery water sharing row involving neighbours Karnataka and Tamil Nadu deepened on Friday, with Chief Minister DK Shivakumar asking his TN counterpart to defer his Bengaluru visit for talks amid mounting opposition pressure and a bandh call given by pro-Kannada outfits who vented their anger by targeting C Joseph Vijay's latest flick Jananaygan in Karnataka theatres.

LEGAL LGD43 DL-COURT-RIOTS-2NDLD TAHIR (7.48 PM)

IB officer murder: Delhi court sentences ex-AAP councillor Tahir Hussain, 4 others to life imprisonment New Delhi: A Delhi court on Friday sentenced former AAP councillor Tahir Hussain and four co-convicts to life imprisonment for the murder of Intelligence Bureau officer Ankit Sharma during the 2020 Delhi riots, saying the case did not fall within the "rarest of rare" category warranting death penalty.

LGD32 SC-INDIANS-LD RUSSIA (5.35 PM)

SC directs Centre to appoint nodal officer, assist families of those killed or missing in Russia-Ukraine war New Delhi: The Supreme Court on Friday directed the Centre to appoint a nodal officer in the external affairs ministry to coordinate with the families of those who have died, gone missing, or suffered injuries while fighting in the Russia-Ukraine war.

BUSINESS DEL80 BIZ-META-MEITY-LD-POST (6.56 PM)

Meta global team to be questioned on issues of algorithmic bias, public order role: Govt sources New Delhi: The government will question Meta's global team - summoned after the social media company briefly restricted Prime Minister Narendra Modi's Facebook post - on issues relating to algorithmic bias, the platform's algorithmic processes and their role in public order, sources said on Friday.

DEL85 BIZ-RBI-BANK CREDIT (7 PM)

Bank credit to industry records robust growth of 19.2 pc in June: RBI data Mumbai: Bank credit to industry recorded a robust growth of 19.2 per cent in June compared to 6.3 per cent in the year-ago period as large companies as well as MSMEs displayed broad-based expansion, according to RBI data released on Friday.

FOREIGN FGN53 NEPAL-2NDLD CURFEW (6.10 PM)

Nepal authorities extend curfew to Saptari district bordering India as communal unrest spreads Kathmandu: Nepalese authorities on Friday imposed an indefinite curfew in parts of Saptari district in Madhesh province bordering India after protests broke out over the recent communal violence in neighbouring Sunsari.

FGN65 PAK-LDALL MOUNTAINEERS (8.53 PM)

British-Nepali climber Purja among 6 missing on Pak peak after avalanche, 4 bodies recovered Islamabad/Kathmandu: Nepal's veteran mountaineer Nirmal Purja was among six climbers missing after an avalanche struck an expedition on Pakistan's Broad Peak, where rescuers recovered four bodies and continued search operations despite adverse weather on Friday.

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