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    'Organised loot' of Rs 2.86 lakh crore from people's pockets: Surjewala accuses govt
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    Parliamentary panel seeks details on Railways’ efforts to boost domestic bullet train capabilities
    Haryana CM Saini launches MSME and Export Promotion Policy 2026
    TCS receives employee data leak alerts; says no impact to customer info
    APEDA Facilitates First-Ever Export of Mustard Honey by Dergang FPO from Tripura to Dubai
    Parliament passes The Bankers' Books Evidence Bill, 2026
    DRI uncovers another clandestine drug manufacturing unit in Maharashtra
    Delhi HC gives Kejriwal 4 weeks to respond to ED pleas against acquittal in two cases
    Pesticide residues found in 58 food samples tested in Kerala, says Minister Siddique
    DGFT Removes Physical Duty Payment Challans for Export Obligation Discharge Certificate Applications under Advance Authorisation and Export Promotion ...
    TRAI directs use of 1601-series for service, transactional calls by utilities, logistics cos
    Nagaland tax revenue rises to Rs 1,597 crore in FY'26
    India's Russian crude imports hit record for second straight month
    Stolen phone of 88-year-old leads Delhi Police to bust interstate cyber-fraud syndicate; 9 held
    Rupee falls 11 paise to close at 95.28 against US dollar on firm crude oil prices
    Loan Utsav 2026: Bajaj Finance Personal Loan Now Comes with an Exclusive Reward Bundle for Eligible Customers
    Freedom to Spend Smarter: AU Small Finance Bank Credit Cards Bring Rewards, EMI Flexibility and Lounge Access to India''s Biggest Shopping Month
    Rupee falls 8 paise to 95.25 against US dollar in early trade
    APEDA Facilitates First-Ever Export of GI-tagged Mithila Makhana by Sea Route from Bihar to Australia
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August 10, 2026
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Fuel price transparency highlights allegations over excise duty, consumer retail costs, and profit disclosures by state-run oil marketing companies.
Fuel pricing, central excise duty and profits of state-run oil marketing companies are examined through allegations that retail fuel prices and tax policy imposed excessive costs on consumers while generating substantial company profits. The criticism contrasts high crude-price periods with lower retail prices and lower excise duty against a later period in which reduced crude prices were allegedly not passed through to consumers. Profit-margin disclosure is also raised as a transparency issue, with parliamentary information described as covering oil prices, global crude prices and company profits.
August 10, 2026
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Discharge in money-laundering proceedings turns on whether pre-charge material sufficiently establishes the alleged offence.
Discharge in a money-laundering prosecution was sought before a special PMLA court concerning alleged siphoning and laundering of loans advanced to Jet Airways by Canara Bank. The prosecution was directed to respond, subject to the applicant not seeking adjournment. Discharge is available after filing of a chargesheet and before framing of charges where the material before the court is insufficient to establish the alleged offence. The proceedings arise from a CBI FIR concerning alleged bank fraud involving Jet Airways and associated persons.
August 10, 2026
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High-speed rail indigenisation and infrastructure performance monitoring require skills development, comparative planning, measurable station assessments and freight-terminal dashboards.
Parliamentary oversight calls for accelerated indigenisation of high-speed rail components, capacity-building through international expertise, and comparative study of successful high-speed rail systems for future corridors. Redeveloped stations should be assessed through measurable indicators concerning passenger use, accessibility, cleanliness, commercial occupancy, maintenance and feedback, with completed-project practices documented and shared. Operational cargo terminals and cargo-related facilities should be monitored through a digital dashboard covering utilisation, rake performance, mechanisation, connectivity, safety compliance and customer satisfaction.
August 10, 2026
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MSME and export promotion framework expands finance, technology, infrastructure, sustainability and global-market support for enterprise growth.
Haryana Progressive MSME and Export Promotion Policy 2026 creates a five-year framework for MSME growth through financial incentives, institutional support, industrial infrastructure, technology adoption and export facilitation. Identified thrust-sector enterprises may receive capital and interest subsidies, stamp duty reimbursement, employment assistance, insurance support, and incentives for automation, artificial intelligence, testing and research. Proposed venture capital and credit guarantee funds seek to improve institutional and collateral-free finance. Export support covers international certifications, credit, insurance, freight, e-commerce, trade fairs, documentation, compliance and buyer connections, alongside sustainability and inclusive entrepreneurship measures.
August 10, 2026
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Employee data exposure alerts trigger review of alleged password spraying and MFA fatigue, with customer and operational systems unaffected.
Employee data exposure alerts prompted TCS to review allegations concerning limited basic employee information that appears to be more than four years old. No indication exists that customer data, customer systems, or operational systems have been affected. The alleged vectors involve password spraying and multi-factor authentication fatigue. TCS states that safeguards against these techniques have been in place for more than two years, its controls remain effective, and monitoring and further assessment will continue.
August 10, 2026
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Mustard honey export demonstrates FPO-led aggregation, quality-focused production and industry collaboration for international agricultural market access.
Mustard honey export from Tripura to Dubai marks the first international shipment by Dergang Farmer Producer Organisation, supported through export-oriented aggregation and market linkage initiatives. The export creates overseas market access for local beekeepers and farmers, diversifies the honey value chain, and encourages quality-focused production. Industry collaboration supported bee production and an export-oriented supply chain, while capacity building, quality assurance, value addition and market linkages can strengthen agricultural exports and farmer participation in international markets.
August 10, 2026
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Digital banking evidence gains recognition through a modernised framework for physical and electronic records, with privacy and security safeguards.
The Bankers' Books Evidence Bill, 2026, modernises the evidentiary framework for bankers' books by permitting banking records to be produced in physical or electronic form in legal proceedings. It recognises electronic, digital and virtual records and enables the Central Government to extend the regime to other regulated financial entities, supporting a uniform financial-sector evidentiary framework. The framework seeks secure and transparent use of banking records while safeguarding customer privacy, confidentiality and data security.
August 10, 2026
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Illicit opioid medicine exports exposed through concealed cargo, clandestine manufacturing, repacking, and attempted transnational trafficking to Nigeria.
Illicit manufacture and attempted export of controlled opioid medicines were detected in a network producing, concealing, storing and exporting Tramadol Hydrochloride tablets to Nigeria. A consignment declared as Pregabalin capsules contained concealed Tramadol Hydrochloride and Tapentadol tablets. Investigation identified clandestine manufacture, repacking and preparation for export, with searches yielding tablet-compression machinery and raw materials. Tramadol is a psychotropic substance under the Narcotic Drugs and Psychotropic Substances Act, while Tapentadol is regulated under the Drugs and Cosmetics Act and its rules.
August 10, 2026
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Summons compliance under anti-money-laundering law faces appellate scrutiny after acquittal over unproven email service allegations.
Delhi High Court required Arvind Kejriwal to reply to Enforcement Directorate petitions challenging his acquittal in proceedings concerning alleged non-compliance with summonses. The trial court found that the agency had not proved intentional disobedience, service of summons through email, or lawful issuance of electronic summons under the Prevention of Money Laundering Act. The appellate challenge concerns proof of service, validity of electronic summons, and intentional non-compliance.
August 10, 2026
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Pesticide residue concerns drive organic farming, school agriculture initiatives, infrastructure financing and climate-resilience support for farmers.
Food-safety concerns arising from pesticide residues and toxic substances are to be addressed through organic vegetable farming, household cultivation and the Kathir school-farming initiative. Kathir provides for institutional farming, teacher and committee support, markets, student training and clubs, with possible academic weightage for agricultural participation. Agricultural infrastructure financing supports post-harvest management, value addition, processing, packing, marketing and exports. Additional measures include banking support, agricultural technology adoption, women-farmer support and schemes addressing climate-related floods and drought.
August 10, 2026
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Digital EODC processing removes physical duty challans through authenticated payment verification for export authorisation closure.
Export Obligation Discharge Certificate processing under the Advance Authorisation and Export Promotion Capital Goods schemes no longer requires physical duty-payment challans for voluntary customs-duty payments made on or after 1 August 2026. Authenticated licence-wise payment information is electronically transmitted from Customs/ICEGATE to DGFT systems and mapped to the relevant authorisation. Exporters can verify payment details on the customer portal, while Regional Authorities use corresponding back-office records, replacing manual submission and verification for authorisation closure.
August 10, 2026
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Trusted service-call numbering requires verified utilities and logistics entities to use dedicated numbers exclusively for transactional and service communications.
The 1601-series is introduced for verified utilities, courier and logistics entities making service and transactional voice calls. Numbers must be allocated directly to eligible entities, not intermediaries or aggregators, following verification by telecom service providers and an undertaking of exclusive use. Promotional voice calls are prohibited on this series and remain associated with the 140-series. The framework separates these calls from the 1600-series reserved for regulated financial-sector and government-to-citizen communications, supporting consumer recognition of legitimate calls and reducing impersonation risks.
August 10, 2026
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GST revenue collection drives tax growth while data scrutiny, taxpayer verification, and compliance capacity remain key administrative priorities.
GST constituted the principal component of tax revenue for the 2025-26 fiscal year. Tax administration faces staff shortages, information-technology upgrade needs, and increased workloads from taxpayer registrations and return filings. Compliance oversight requires GST data scrutiny, risk assessment, identification of unregistered taxpayers, tax-evasion detection, and field verification of high-risk taxpayers. Long-term revenue planning sets progressively higher collection targets through 2063.
August 10, 2026
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Russian crude imports reshape India's refining trade as processed petroleum products reach sanctioning jurisdictions despite import restrictions.
Indian imports of Russian crude oil reached a second consecutive monthly record in July 2026, with Russian crude forming the dominant share of India's Russian fossil-fuel purchases and more than half of total crude imports. Higher receipts through smaller terminals offset reduced volumes at Paradip. Indian refineries processing Russian crude also exported refined petroleum products to sanctioning jurisdictions, including the European Union, Australia and the United States, despite the European Union prohibition on imports of oil products made from Russian crude.
August 10, 2026
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Cyber-fraud through stolen phones allegedly used mule accounts, banking credentials and coordinated technical operations to divert victims' funds.
Investigation into unauthorised withdrawals after theft of a mobile phone uncovered an alleged interstate cyber-fraud network using stolen devices, linked banking credentials and mule bank accounts. The scheme allegedly involved phone theft, supply of accounts and banking instruments, and a technical operation that accessed victims' accounts and routed funds for withdrawal or transfer. Digital surveillance, transaction mapping, seized devices, victim data and transaction records are being examined to identify linked complaints and the extent of funds allegedly diverted.
August 10, 2026
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Rupee depreciation reflected stronger dollar, elevated crude prices and geopolitical uncertainty, while portfolio inflows and equity gains provided support.
The rupee depreciated against the US dollar amid a stronger dollar, higher global crude oil prices and uncertainty surrounding West Asia-related negotiations. Concerns over crude oil's potential impact on the trade deficit weighed on the currency, while positive domestic equity markets and foreign portfolio investment inflows provided support. Market caution remained focused on forthcoming US inflation data, dollar-index movements and Brent crude prices. Foreign-exchange reserves increased during the reported period.
August 10, 2026
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Collateral-free personal loans offer extended repayment flexibility, conditional reward benefits, and online application subject to eligibility and disbursal requirements.
Loan Utsav 2026 provides eligible Bajaj Finance Personal Loan applicants an exclusive reward bundle where the loan is successfully disbursed during the campaign period. The collateral-free facility supports personal expenses, offers repayment tenures from 12 to 108 months, and may enable lower monthly EMI obligations through a longer selected tenure. Interest rates depend on eligibility, credit assessment, financial profile and lending criteria. Online applications require personal and financial details and required documents, with disbursal for eligible applicants possible after verification and approval.
August 10, 2026
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Credit card payment flexibility supports seasonal shopping and travel through eligible EMIs, rewards, tracking tools and conditional merchant benefits.
Credit-card spending features include conversion of eligible purchases into EMIs, selected no-cost EMI options, reward points, cashback, merchant discounts and payment flexibility. Travel-related benefits may include domestic airport lounge access, travel-booking discounts, fuel-surcharge waiver and anniversary-linked rewards. The AU 0101 application enables transaction tracking, balance and interest-rate monitoring, EMI conversion and bill-payment management. Features and offers are subject to change, customer eligibility, internal policies and partner-merchant terms.
August 10, 2026
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Foreign-exchange market conditions weakened the rupee as stronger dollar and crude prices offset support from reserve growth and inflows.
Foreign-exchange market conditions saw the rupee weaken against the US dollar in early trading, influenced by a stronger dollar and higher global crude oil prices. Foreign institutional equity inflows and increased foreign-exchange reserves moderated pressure on the rupee. Market attention remained focused on developments in West Asia and the Reserve Bank of India, alongside movements in the dollar index, crude oil prices and domestic equity markets.
August 10, 2026
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GI-tagged Mithila Makhana export facilitation expands sea-route market access while supporting quality compliance and farmer-linked value chains.
Export facilitation for GI-tagged Mithila Makhana enabled the first commercial sea-route shipment from Bihar to Australia. APEDA, in association with the Bihar agriculture department, supported market access, coordination, capacity building and stakeholder engagement. The export model is intended to improve farmer price realisation, require adherence to global quality standards, and strengthen growers, processors and exporters. A separate HS Code for Makhana has taken effect under the Finance Bill, 2025, supporting product-specific trade classification.

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NEWS HIGHLIGHTS

August 7, 2026

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Mumbai, Aug 7 (PTI) Following are the top stories from the Western Region at 5.15 pm.

BOM4 MH-HC-DOCTORS ASSAULT-CORPORATOR

Doctors assault case: HC grants bail to Shiv Sena corporator Mhatre; orders time-bound trial Mumbai: The Bombay High Court on Friday granted bail to Shiv Sena corporator Ramesh Mhatre, accused of assaulting doctors at a municipal hospital in Thane district, and ordered that the trial be fast-tracked and completed in a time-bound manner.

BOM1 MH-LITERATURE-BAN

Maharashtra govt bans literature of proscribed outfits glorifying violent extremism Mumbai: The Maharashtra government has banned the literature of terrorist organisations like Islamic State, Islamic State in Khorasan Province, Hizb-ul-Mujahideen Pir Panjal Regiment and Al Qaeda (AQIS) that “glorifies violent extremism and jihad and promotes radicalisation”.

BOM8 MH-TCS CASE-CORPORATOR

AIMIM corporator held for sheltering TCS ‘sexual harassment’ case accused Nashik: The Nashik police have arrested an AIMIM corporator from Chhatrapati Sambhajinagar for allegedly providing help and shelter to an accused in the TCS “sexual harassment and religious conversion” case, an official said on Friday.

BOM9 MH-NCP-PRASHANT KISHOR

Prashant Kishor discusses ways to strengthen NCP during meeting with Sunetra Pawar, Parth Mumbai: Political strategist-turned-politician Prashant Kishor, who recently secured a landmark victory in the Bankipur assembly bypoll in Patna, discussed ways to strengthen the organisation of Maharashtra's ruling NCP with party president and Deputy Chief Minister Sunetra Pawar, a party functionary said.

BOM13 MH-FADNAVIS-LOAN WAIVER

Rs 5,000 cr credited to 6.22 lakh Maharashtra farmers so far under loan waiver scheme: CM Mumbai: Maharashtra Chief Minister Devendra Fadnavis on Friday said the state has begun transferring funds under the government's loan waiver scheme, with more than Rs 5,000 crore credited to the bank accounts of 6.22 lakh farmers after completion of Aadhaar authentication.

BOM5 MH-CONG-NCP (SP)-BHAGWAT

When Bhagwat says Gen Z not anti-national, why BJP attacked protesters: Congress, NCP (SP) Mumbai: Opposition parties NCP (SP) and Congress on Friday asked the BJP why its leaders attacked young protesters when RSS chief Mohan Bhagwat says that Gen Z should not be branded anti-national.

BOM7 GA-KEJRIWAL-E20 POLICY

E20 policy imposed under Trump's pressure to facilitate US ethanol imports: Kejriwal Panaji: Aam Aadmi Party (AAP) convener Arvind Kejriwal on Friday alleged that the BJP-led Centre implemented the E20 fuel blending programme under pressure from US President Donald Trump to facilitate massive American ethanol imports.

BOM10 CG-POLICE EXAM-ROW

'News', 'Space Rani', 'He Ram' clear Chhattisgarh police exam; Congress claims irregularities Raipur: Chhattisgarh’s latest police recruitment exam results have drawn widespread attention after a bizarre mix of candidate names, such as 'News', 'Space Rani', 'He Ram' and 'Tufail', surfaced on the qualifying list, prompting the Opposition Congress to allege irregularities, even as candidates came forward to defend their unique monikers.

BOM12 MH-BHAGWAT-AAP

AAP leader calls Bhagwat’s interaction with Gen Z ‘artificial’, ‘hollow’ Mumbai: Aam Aadmi Party leader Preeti Sharma Menon on Friday claimed that Rashtriya Swayamsevak Sangh (RSS) chief Mohan Bhagwat’s interaction with Gen Z was “artificial” and sounded “hollow”.

BOM6 MH-BHAGWAT-DIPKE

BJP should heed 'godfather' Bhagwat's advice on Gen Z: Dipke Chhatrapati Sambhajinagar: Cockroach Janta Party (CJP) convener Abhijeet Dipke on Friday urged the BJP to heed its "godfather" RSS chief Mohan Bhagwat’s advice not to label protesting Gen Z youth as anti-national, and cited lack of synchronisation between the ruling party and its ideological mentor.

BOM11 MH-BHAGWAT-RAJ

RSS chief Bhagwat late in interacting with Gen Z, says Raj Thackeray Nashik: Maharashtra Navnirman Sena (MNS) president Raj Thackeray on Friday said Rashtriya Swayamsevak Sangh (RSS) chief Mohan Bhagwat was late in interacting with members of Gen Z.

BES4 MP-MINOR-RAPE-MURDER

Minor raped and killed by youth in MP’s Narsinghpur district; locals demand bulldozer action Narsinghpur: A 22-year-old man allegedly raped an eight-year-old girl before strangling her in Madhya Pradesh’s Narsinghpur district, triggering protests by locals who demanded that his house be bulldozed, a police official said on Friday.

LGB2 MH-HC-BULLDOZER JUSTICE

Don't favour bulldozer justice, says HC; gives time to doctor to raze part of building for road Mumbai: The Bombay High Court has noted that it was not in favour of "bulldozer justice" and allowed a Satara-based doctor to voluntarily remove a portion of his residential-cum-hospital building for road widening project instead of permitting the civic body to initiate coercive demolition.

BOM2 MH-EXPRESSWAY-ACCIDENT

One killed, four injured in accident on Mumbai-Pune Expressway Pune: One person was killed, and four others were injured in an accident in a tunnel of the Mumbai-Pune Expressway in the early hours of Friday, police said.

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