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    Banking sector has key role to play as India on way to become 3rd largest economy: Gujarat CM
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    Standard Chartered Accelerates India's GCC Growth with its Global Banking Expertise and 25 Years of GCC Experience
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    India's exports rise 19.63 pc to USD 44.24 bn in Jul; trade deficit widens to $31.98 bn
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    National Company Law Tribunal (NCLT) Launches e-Inspection and e-Certified Copy Services
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August 13, 2026
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Last-mile credit access is prioritised through timely lending, wider beneficiary coverage, digital support and stronger fraud vigilance.
Banking-sector participation is emphasised through last-mile credit access for MSMEs, women entrepreneurs, rural artisans, small farmers and other underserved beneficiaries. Banks are urged to expedite government-scheme applications, maximise coverage and use technology for timely financial support. Industrial-policy assistance and incentives cover startups, SC/ST entrepreneurs, persons with disabilities and first-generation entrepreneurs. Greater coordination, expanded village banking access, and vigilance against cyber fraud and mule accounts are also prioritised.
August 13, 2026
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Merchandise trade growth saw rising exports to major markets alongside increased imports and continuing United States trade-pact negotiations.
India's merchandise trade data records increased July exports to the United States and China, alongside growth in imports from both markets. Exports to Singapore, the United Arab Emirates, the Netherlands, Germany, South Africa, Tanzania, Australia, Malaysia, Sri Lanka, Italy and Vietnam showed positive growth, while July exports declined for the United Kingdom, Bangladesh, Saudi Arabia and Nepal. Imports also increased from Russia, Korea, Singapore, Germany, Oman, Malaysia, Taiwan and Brazil. India and the United States are negotiating a trade pact amid an additional United States tariff on India.
August 13, 2026
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GST transport documentation enforcement addresses freight movement of metals without valid e-way bills and invoices under applicable rules.
GST enforcement action led to the seizure of copper and aluminium ingots transported by freight train without valid e-way bills and invoices. The metals were found in three train wagons during inspection of parcel cargo. Further proceedings are to be undertaken under applicable GST rules concerning movement of goods without prescribed transport documentation.
August 13, 2026
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Merchandise trade deficit widens as import growth outpaces exports despite strong petroleum, electronics and engineering shipments.
Merchandise trade in July 2026 saw exports rise 19.63 per cent and imports increase 17.52 per cent, widening the trade deficit to a six-month high. Petroleum products, electronics, engineering goods and marine goods supported export growth, while crude oil and several commodity and capital-goods categories increased imports. During April-July 2026-27, faster import growth widened the cumulative merchandise trade deficit compared with the corresponding prior-year period.
August 13, 2026
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Bribery allegations in GST enforcement prompted arrest after alleged payment demand to avoid a tax-liability notice.
Bribery allegations involving GST enforcement led to the arrest of a CGST Superintendent after a complaint alleged that payment was demanded from a private company to avoid issuance of a tax-liability demand notice and to close the matter. A trap operation resulted in the public servant being apprehended while allegedly accepting part of the demanded bribe, and the amount accepted was recovered. Searches were undertaken, and investigation remained ongoing.
August 13, 2026
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Trade performance shows rising merchandise and services exports, but faster import growth expands the overall trade deficit.
India's combined merchandise and services exports and imports increased in July 2026 and April-July 2026-27, while the overall trade deficit widened. Cumulative exports were estimated at US$ 316.42 billion and imports at US$ 365.85 billion, resulting in a trade deficit of US$ 49.43 billion. Merchandise exports, non-petroleum exports, and exports excluding petroleum and gems and jewellery grew, led by petroleum products, electronic goods, engineering goods and chemicals. Services trade recorded a cumulative surplus of US$ 69.17 billion.
August 13, 2026
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Student GIC referral programmes integrate connectivity credits with funding verification and post-arrival banking arrangements for eligible international students.
Referral arrangements connect mobile connectivity benefits with the Student Guaranteed Investment Certificate application journey. Applicants may access an online portal through a referral link, submit documents, complete know-your-customer verification, and fund the GIC from permitted Indian bank accounts in no more than two transactions. After arrival, students may activate the GIC account and open a linked bank account for receipt of GIC transfers. Eligible verified applicants receive non-cash mobile credits usable only against mobile bills, subject to a cap on the bill portion payable through credits.
August 13, 2026
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Global Capability Centre banking support connects offshore and onshore operations to simplify financial management and enable cross-border expansion.
Global Capability Centre banking support is positioned around connected offshore and onshore banking, international network access, digital banking platforms, and expertise in treasury centres, cross-border corporates, and evolving GCC operating models. The approach seeks to simplify financial operations and support GCC expansion across global markets. India's GCC ecosystem is characterised as a leading global capability hub, with capability centres evolving into strategic enterprise hubs requiring support for operational and financial complexities across markets.
August 13, 2026
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Investment banking registration enables regulated cross-border offerings, listings, debt transactions and capital-market advisory through GIFT City.
IFSCA registration under the IFSCA (Capital Market Intermediaries) Regulations, 2025 authorises Nexent Capital IFSC Private Limited to operate as an investment banker from GIFT City. Permitted activities include management of initial and follow-on public offerings, SPAC and secondary listings, depository receipt issuances, debt capital-market transactions, and other capital-market advisory mandates. The firm proposes to provide transaction structuring, listing-readiness, execution and post-listing capital-markets support for companies seeking capital raising and listing opportunities through GIFT City's exchanges.
August 13, 2026
Show AI Summary
Merchandise export growth was driven by petroleum, electronics, engineering and marine goods, while rising imports widened the trade deficit.
India's merchandise exports increased in July, while imports also rose and widened the trade deficit. Export growth was attributed to higher overseas shipments of petroleum products, electronics, engineering goods and marine goods. Exports and imports both recorded growth during the April-July fiscal period, and exports to West Asian countries increased in July.
August 13, 2026
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EXIM operations at international seaport to commence after customs clearance, bonded-area establishment, and temporary highway connectivity.
Vizhinjam International Seaport is scheduled to commence EXIM operations after Customs clearance, issuance of Customs notifications, establishment of a Customs-bonded area, and temporary connectivity to NH-66. The port had previously handled transshipment operations. A proposed transfer of a stake in the port concessionaire to a foreign shipping company remains under committee examination and requires Central Government consideration of strategic and security aspects.
August 13, 2026
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Renewable energy reliability requires storage, grid readiness and ancillary service markets alongside competitive clean-power procurement.
Renewable energy procurement is shifting beyond lowest tariffs towards dependable, dispatchable and affordable clean power, assessed through capacity value, balancing capability and system economics. Storage-backed renewable and hybrid projects can improve renewable utilisation, reduce variability and curtailment, and support peak demand. Higher renewable penetration also requires supportive storage policies, timely approvals, aligned intrastate transmission planning, stronger distribution infrastructure, and market mechanisms for ramping reserves, frequency response and fast-response balancing services.
August 13, 2026
Show AI Summary
Accredited Investor certification facilitates eligible investors' access to alternative investment products, lower thresholds and applicable regulatory flexibilities.
SEBI's Accredited Investor framework enables eligible investors and entities to obtain certification that may allow lower minimum investment thresholds for Portfolio Management Services, Alternative Investment Funds and other alternative investment products, along with applicable regulatory flexibilities. PMS Bazaar and NSDL Database Management Limited's Accreditation Agency facilitate end-to-end applications, subject to required documentation and prescribed payment. Assistance is available to individual investors and eligible clients of investment providers without additional platform, service or processing charges, while prescribed certification fees remain payable.
August 13, 2026
Show AI Summary
Manufacturing GVA growth under the revised national accounts series highlights stable sectoral contribution and resilience-focused industrial measures.
Manufacturing performance is assessed under the revised National Accounts Statistics series using 2022-23 as the base year. Manufacturing's share of total Gross Value Added at current prices remained broadly stable through 2025-26, and Manufacturing GVA at constant prices achieved a compounded annual growth rate of 10.88% from 2022-23 to 2025-26. Production Linked Incentive schemes, logistics and industrial-corridor measures, semiconductor initiatives, and MSME support seek to strengthen domestic manufacturing, diversify supply chains, reduce import dependence, and improve resilience.
August 13, 2026
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Electronic inspection and certified copies expand digital access to judicial records while supporting efficient case management and reduced delays.
NCLT has launched e-Inspection and e-Certified Copy Services for faster and more convenient access to judicial records and certified copies by advocates, litigants and other stakeholders. The services support a technology-enabled Registry framework and transparent, efficient justice delivery. Pendency monitoring, workload redistribution, Special Benches, maximisation of court time, and registration and listing guidelines are intended to improve case management, optimise limited judicial resources and reduce avoidable delays.
August 13, 2026
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CBDC-based food subsidy transfers enable eligible beneficiaries to use Digital Rupee wallet credits for traceable foodgrain purchases.
CBDC-based Direct Benefit Transfer under the Pradhan Mantri Garib Kalyan Anna Yojana will credit eligible beneficiaries' food subsidies as programmable Digital Rupee tokens directly into CBDC wallets. Beneficiaries may use these credits to purchase foodgrains from empanelled merchants through secure, real-time and traceable payments, replacing conventional bank-account transfers. The model is intended to improve traceability, reduce leakages and cash handling, enable real-time monitoring of subsidy use, and provide a scalable framework for CBDC integration with welfare schemes.
August 13, 2026
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Preferential trade agreement negotiations begin under agreed terms covering market access, origin rules, trade remedies and dispute settlement.
India and the Southern African Customs Union have signed Terms of Reference to commence negotiations for a Preferential Trade Agreement. Negotiations are envisaged on trade in goods and market access, rules of origin, customs procedures and trade facilitation, trade remedies including bilateral safeguards, sanitary and phytosanitary measures, technical barriers to trade, dispute settlement, and legal and horizontal provisions. The Terms of Reference establish the negotiating framework only; preferential tariff treatment and other operative commitments depend on conclusion of a final agreement.
August 12, 2026
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Prepaid plan restructuring eliminates mid-tier daily-data options and channels subscribers toward higher-priced plans with expanded data access.
Bharti Airtel has discontinued prepaid plans combining 1.5 GB daily data allowances with unlimited calling, directing subscribers towards higher-priced plans with expanded data access, including unlimited 5G data. The restructuring reduces low-priced unlimited-data offerings and changes the pricing architecture for customers using discontinued mid-tier plans. Management links tariff repair to differentiated mobile-plan categories and sustained average revenue per user growth.
August 12, 2026
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Insolvency professional conduct faces money-laundering allegations over re-admitted claims, creditor committee changes, and a connected resolution applicant.
Enforcement action under the Prevention of Money Laundering Act concerns allegations that an insolvency professional re-admitted claims earlier rejected as spurious and fraudulent during the Corporate Insolvency Resolution Process. The alleged re-admission altered the Committee of Creditors' composition and facilitated consideration of a resolution plan allegedly submitted for, and funded through an entity controlled by, a company promoter under investigation for diversion of bank-loan funds. Adverse findings reportedly included acting beyond authority by relying on fabricated and improperly submitted material.
August 12, 2026
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Identity document forgery allegations prompt investigation into fraudulent Aadhaar updates and falsified government and educational certificates.
Alleged forgery and misuse of identity-related records are under investigation following operations at Aadhaar centres. Seized materials reportedly include forged birth, educational, residence, caste and citizenship certificates, records bearing forged signatures and seals, and equipment used for Aadhaar updates. Four persons were arrested in two operations for allegedly preparing forged records and using them to update Aadhaar cards. Cases have been registered under relevant provisions of the Bharatiya Nyay Sanhita, with investigation continuing into the extent of the alleged network.

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August 27, 2026

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New Delhi, Aug 27 (PTI) Following are the top stories at 9.12 pm: TOP STORIES FGN55 NEPAL-FLOODS-LD TOLL (6.17 PM)

Death toll in Nepal flash floods rises to 359: Police Kathmandu: The death toll from Nepal's devastating flash floods surged to 359 on Thursday, after rescuers recovered more bodies from the affected districts, police said. By Shirish B Pradhan

DEL91 NEPAL-FLOODS-3RDLD INDIA (8.59 PM)

Flash floods along Nepal-Tibet border leave 290 Indians missing, 200 stranded New Delhi: At least 290 Indians remain missing and around 200 others are stranded on the Chinese side following devastating flash floods along the Nepal-Tibet border, with New Delhi in constant contact with authorities in both nations to coordinate their rescue, the Ministry of External Affairs (MEA) said on Thursday.

FGN56 NEPAL-FLOODS-ALERT (6.34 PM)

Fresh flood risk persists downstream of Nepal’s Bhote Koshi as new lake forms Kathmandu: A fresh flood risk persists in downstream areas of the Bhote Koshi River in Nepal's Rasuwa district after a new barrier lake formed near the river's source, with Chinese authorities warning that the lake could breach, officials said on Thursday. By Shirish B Pradhan

DEL71 DL-RACE CLUB-DEMOLITION (7.03 PM)

Bulldozers bring down age-old structures as Centre takes possession of Delhi Race Club New Delhi: Demolition work at the Delhi Race Club commenced in the morning hours on Thursday, shortly after the Centre took possession of the club’s 53-acre premises, marking a dramatic end to horse racing activities at the century-old institution.

NATION DEL63 KHARGE-PM-LD DELIMITATION (6.30 PM)

Share delimitation plans, freeze current LS strength for next 25 years: Kharge to PM New Delhi: Congress president Mallikarjun Kharge on Thursday urged Prime Minister Narendra Modi to share with all political parties the government's proposals for delimitation and called for a 25-year freeze on the Lok Sabha's existing strength of 543, as well as the introduction of one-third reservation for women from the 2029 elections.

BOM23 GJ-NEPAL FLOODS-MISSING (6.21 PM)

11 from Gujarat missing in flood-hit Nepal Ahmedabad: Eleven persons from Gujarat remain missing in flood-hit Nepal, with authorities establishing contact with one woman who was earlier reported untraceable but was found to be safe later, officials said on Wednesday.

CAL38 WB-NEPAL-SUVENDU (7.18 PM)

32 from Bengal missing in Nepal flash flood; contact established with one: Suvendu Kolkata: West Bengal Chief Minister Suvendu Adhikari on Thursday said that 32 people from the state have gone missing in the devastating flash floods in Nepal, and contact has been established with one.

DEL74 DL-DTC-INDO-NEPAL (7.17 PM)

Indo-Nepal bus service on Aug 28, 29 held up due to flash floods: DTC New Delhi: The Delhi government has temporarily put on hold the "Indo-Nepal Maitri Bus Sewa" for the next two days as a preventive measure due to massive flash floods, an official order said on Thursday.

DEL90 PB-EMPLOYEES-2NDLD STRIKE (8.40 PM)

Punjab govt employees strike; public services disrupted, OPD services hit Chandigarh/Ferozepur: Work was affected in various government departments and OPD services remained suspended in public hospitals in Punjab on Thursday as over three lakh government employees went on a statewide strike pressing for their demands that included release of pending dearness allowance.

DEL89 UP-AIRCRAFT-3RDLD CRASH (8.36 PM)

Trainee pilot, instructor killed as training aircraft crashes in Kanpur; DGCA to probe cause Kanpur: A trainee pilot and an instructor were killed on Thursday when a twin-engine training aircraft crashed near the Ganga in Kanpur, with a three-member DGCA team set to probe whether a technical or human error caused the accident, officials said.

CAL46 BH-STUDENT PROTEST-CM (8.29 PM)

Upcoming teachers' recruitment exam to be held in single phase: Bihar CM Patna: The teachers' recruitment exams to be conducted by the Bihar Public Service Commission next month will be held in a single phase, Chief Minister Samrat Choudhary said on Thursday, acceding to a major demand of protesting job aspirants.

MDS30 TN-ASSEMBLY-CM-LD CHAIR (6.17 PM)

In a first, TN CM Vijay sits along with ministers in Assembly Chennai: Tamil Nadu Chief Minister C Joseph Vijay on Thursday made heads turn in the state Assembly when he casually moved from his chair in the House and sat besides ministers in the front row, marking a major departure from a long-standing tradition vis-a-vis seating.

CAL39 WB-ABHISHEK-COPS-2NDLD BILLBOARDS (7.26 PM)

Chaos at Abhishek Banerjee's Kolkata office as civic body removes 'unauthorised' TMC billbord Kolkata: TMC leader Abhishek Banerjee's private guards, supporters and some party leaders on Thursday scuffled with police and Kolkata Municipal Corporation officials, trying to prevent them from entering the Lok Sabha MP's office on Camac Street and dismantling an "unauthorised" billboard.

CAL43 MN-LDALL AMBUSH (8.24 PM)

Four killed, one injured as militants ambush vehicle in Manipur; CM orders arrest of culprits Imphal: At least four members of the Naga community were killed and one was injured when armed militants ambushed their vehicle in a forested region of Kangpokpi district of Manipur, officials said.

BUSINESS DEL73 BIZ-SUGAR-PRICES (7.16 PM)

Sugar prices ease marginally to Rs 64.33 per kg on Thursday New Delhi: Sugar prices eased marginally on Thursday to Rs 64.33 per kg in the retail market following the government's measures to allow imports, imposition of stockholding curbs and crackdown on hoarders.

DEL49 BIZ-ONION-GOVT (5.22 PM)

Centre starts selling onion at a discounted price of Rs 35 per kg in national capital New Delhi: The Centre on Thursday started retail sale of onion at Rs 35 per kg in the national capital, a 44 per cent discount from the current market price, as part of its efforts to provide relief to common people and control rates.

FGN48 BIZ-GOYAL-RICE-JAPAN (5.36 PM)

Will talk to Japan on increasing basmati rice exports from India: Goyal Osaka: Commerce and Industry Minister Piyush Goyal on Thursday said India will take up the issue of greater market access for basmati rice with Japan during a review of the trade agreement, and explore opportunities for exports of processed food products. By Rajesh Rai

FOREIGN FGN60 UN-NEPAL-CHINA-FLOODS (7.12 PM)

UN chief voices deep sadness over flooding in Nepal, China; $2 mn allocated for relief United Nations: UN Secretary General Antonio Guterres has voiced deep sadness over the severe flooding in Nepal and China that has claimed many lives and caused widespread destruction, as the world body allocated an initial tranche of USD 2 million for relief operations. By Yoshita Singh

FGN58 NEPAL-FLOODS-LAMICHHANE (6.55 PM)

Nepal all-party meet calls for coordinated rescue, relief operations in flood-hit areas Kathmandu: Nepal's ruling Rastriya Swatantra Party president Ravi Lamichhane on Thursday convened an all-party meeting in Kathmandu to discuss coordinated search-and-rescue operations and relief efforts following devastating floods. By Shirish B Pradhan

FGN50 UK-NEPAL-FLOODS (5.38 PM)

UK offers funds, emergency responders to Nepal after flash floods London: The UK on Thursday offered 5 million pounds and emergency responders to Nepal after flash floods in the country claimed hundreds of lives and left over a thousand missing, including around 33 British nationals. By Aditi Khanna

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