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    Rupee falls 8 paise to 95.38 against US dollar in early trade
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    India's Russian crude imports hit record for second straight month
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August 11, 2026
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Rupee exchange-rate pressure intensified as crude oil, regional uncertainty and weaker equities constrained the local currency in early trade.
Foreign-exchange market conditions placed the rupee under pressure against the US dollar amid West Asia uncertainty, higher crude oil prices, and weaker domestic equity markets. Foreign institutional investor inflows and Reserve Bank of India intervention supported the rupee and limited further depreciation. Reported dollar sales through state-run banks helped contain downside pressure despite rising Brent crude prices and uncertainty concerning the Strait of Hormuz.
August 10, 2026
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GST refund facilitation expands provisional input tax credit refunds and removes the minimum threshold for export-related IGST refunds.
Punjab's GST amendments facilitate voluntary compliance and reduce procedural burdens by allowing a 90 per cent provisional input tax credit refund in inverted duty structure cases and removing the minimum threshold for IGST refunds on exported goods. Additional measures cap annual fee increases by private unaided educational institutions, establish digital open universities for technology-enabled higher education, protect trees and green cover, and address common infrastructure, panchayati raj, and contractual engagement of outsourced State personnel.
August 10, 2026
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Video-conference statements for an approver application were declined, requiring the accused's statement to be recorded before consideration.
Special CBI Court rejected an accused's request to record her statement through video conferencing in a bank-fraud prosecution. The accused had sought to become an approver, and her statement was required to be recorded before consideration of that application. She and her husband had previously become approvers in a related money-laundering matter involving alleged fraudulent Letters of Undertaking.
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.

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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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