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    TMC MP Haque's newspaper company had Bitcoin deals from 'tainted' sources, claims ED
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September 9, 2026
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Bitcoin transactions from allegedly tainted sources trigger scrutiny over unexplained business rationale and suspected money laundering.
Enforcement action under the Prevention of Money Laundering Act involved searches of premises linked to a publishing company, associated entities, directors and a promoter, with bank accounts frozen. Account scrutiny allegedly identified cash deposits, closed accounts and Bitcoin purchases from tainted sources without identifiable business rationale. The investigation also alleged inflation of newspaper circulation figures to misrepresent readership and obtain higher advertising revenue, in connection with an FIR alleging communal disharmony and dubious account transactions.
September 9, 2026
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Bilateral trade and investment cooperation advances through market-access dialogue, business linkages, and a time-bound trade agreement review.
India and Thailand discussed expansion of bilateral trade and investment, stronger business-to-business linkages, trade-promotion activities, and wider market opportunities for enterprises. Progress in reviewing the ASEAN-India Trade in Goods Agreement was considered, with emphasis on time-bound engagement through the India-Thailand Joint Trade Committee. The discussions supported a balanced and mutually beneficial framework for greater market access, resolution of market-access issues, and stronger regional and global supply-chain linkages.
September 9, 2026
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Money-laundering investigation scrutiny: alleged disguised consultancy payments prompted calls for an anti-corruption FIR against political figures.
The Enforcement Directorate sought an anti-corruption FIR against Pinarayi Vijayan, Veena T, P. A. Mohamed Riyas and others on material gathered during a money-laundering investigation. It alleged that Cochin Minerals and Rutile Ltd made fraudulent payments to Exalogic Solutions, Veena's now-defunct company, under the guise of IT consultancy services. Vijayan criticised the investigation as politically motivated and as an attempt to target the cooperative sector.
September 9, 2026
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Evidentiary scrutiny of conflicting trading data governs review of alleged misleading buyback announcements and fraudulent trading practices.
Evidentiary scrutiny of conflicting historical trading data is required in the challenge to regulatory penalties arising from an alleged misleading open-market share buyback announcement. The Securities Appellate Tribunal must examine the discrepancy between the investigation report and exchange-furnished trading data, determine which data accurately reflects the trading position, and record specific findings on identified discrepancies. The allegations concern inadequate buy orders despite available sell orders, failure to utilise the prescribed minimum buyback size, and fraudulent conduct under unfair trade practices and buyback requirements.
September 9, 2026
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International crude oil price volatility increases fuel retailer under-recoveries, import costs, inflation pressures, and constraints on domestic rate transmission.
Elevated international crude prices, combined with unchanged retail petrol and diesel rates, have produced negative marketing margins for state-owned fuel retailers and under-recoveries on domestic LPG. India's reliance on imported crude increases exposure to a higher import bill, trade-balance pressure and currency weakness. Sustained crude-cost increases may feed into domestic inflation through fuel, transport and energy costs, while also raising input costs for oil-sensitive industries and constraining monetary easing if inflation broadens.
September 9, 2026
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Multi-lender digital lending platform centralises borrower onboarding, disclosures and lender selection while maintaining transparent credit offer comparisons.
Pye is a multi-lender digital lending platform that matches retail borrowers with regulated lending partners according to credit need, loan type and timeline. It centralises know-your-customer compliance, documentation and disclosures, avoiding repeated borrower processes across applications. Available offers are to be displayed neutrally, with pricing, terms and annual percentage rate disclosed before a borrower proceeds. Borrower data is shared only with lenders selected for an application, while the platform is intended to make credit access available through broader digital-service channels.
September 9, 2026
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Fintech-enabled financial inclusion advances through digital payments, MSME credit access, responsible innovation, and trust-centred financial safeguards.
Fintech expands financial inclusion through digital payment and banking infrastructure, enabling customers to transact, save and borrow through accessible channels. It improves efficiency through faster account opening and payment settlement, lower transaction costs, AI-driven fraud detection and real-time supervision. Cash-flow-based lending, account aggregators and the Unified Lending Interface support collateral-light formal credit for micro, small and medium enterprises. Regulatory engagement supports self-regulation, digital public infrastructure and responsible innovation while safeguarding trust, safety, inclusion, fairness and efficiency.
September 9, 2026
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Virtual asset AML/CFT compliance requires registration, reporting and record keeping, with non-compliant providers facing access takedown notices.
Virtual Digital Assets Service Providers operating in India, whether offshore or onshore, must register with FIU-IND as reporting entities when undertaking specified virtual-asset activities. Their obligations are activity-based and include registration, reporting, record-keeping and other requirements under the PMLA and rules made under it. Notices under the PMLA were issued to fifteen providers for non-compliance, accompanied by notices seeking takedown of their applications and URLs from public access.
September 9, 2026
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Startup and skills mission expands entrepreneurship training, formal employment pathways, export facilitation, and government-service advancement opportunities.
The Chief Minister Startup and NIPUN Mission promotes youth employment, skill development, entrepreneurship, innovation and technology-based industries through entrepreneurship centres, technology laboratories, industry excellence centres and a job engine aligned with industry requirements. The Export Promotion Policy strengthens export infrastructure, market access, trade facilitation and value-added agricultural and industrial exports. The maximum age limit for eligible government and allied personnel applying for other government services or higher posts has also been increased.
September 9, 2026
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Illicit cannabis trafficking enforcement targets concealed consignments across road, rail and air routes, using seizures and arrests under narcotics law.
Directorate of Revenue Intelligence operations targeting illicit narcotic drug trafficking resulted in the seizure of around 740 kg of cannabis, high-grade hydroponic cannabis and charas, and the arrest of 13 persons under the NDPS Act, 1985. Road-based interceptions involved drugs concealed in trucks and cars, including loading areas, floor cavities and secret compartments. Rail and air-route interdictions addressed passenger-based trafficking, including charas concealed on train passengers and high-potency cannabis carried by passengers arriving on international flights.
September 9, 2026
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Portfolio management services introduce credit-focused strategies with custody, valuation, disclosure and risk safeguards for eligible investors.
Yubi PoleStar is a SEBI-registered portfolio management service offering credit-focused strategies for income, liquidity, long-term wealth creation and bespoke multi-asset portfolios. Investment selection and monitoring use a six-gate credit architecture, weighted credit-risk assessment, investment committee oversight, independent valuation and segregated client custody. SEBI registration does not guarantee performance or returns. Investments involve market, credit and liquidity risks, including loss of principal, and are subject to the disclosure document, prescribed minimum investment requirement and applicable accredited-investor relaxations.
September 9, 2026
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Advance licensing sugar refiners redirect export-oriented refined sugar to domestic sales to increase supply and restrain prices.
Advance licensing scheme sugar refiners are required to divert refined white sugar, produced from imported raw sugar ordinarily intended for export, to the domestic market to augment supplies. Domestic sugar-price management also includes duty-free sugar imports, tighter stockholding limits for bulk users and dealers, and restrictions on sugar exports. These measures operate against revised production estimates, projected domestic demand, available stocks, and concern over price increases by sugar mills.
September 9, 2026
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Zero-coating TitaniumSteel cookware uses NanoFusion surface engineering to deliver naturally non-stick, high-heat, metal-utensil-compatible cooking performance.
SuperPan introduces TitaniumSteel, a titanium-and-stainless-steel material engineered through a patent-pending NanoFusion process for uncoated, naturally non-stick cookware. Titanium is permanently fused with stainless steel, and microscopic surface texturing is designed to retain a thin oil film without a synthetic non-stick layer. The five-ply construction is described as supporting durability, high-heat cooking, metal-utensil use and food release without PTFE, PFAS or other synthetic coatings.
September 9, 2026
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State-funded welfare schemes do not alone establish exclusionary conduct when fare benefits influence passenger choice and private operator revenues.
State-funded free travel for eligible passengers on specified public transport services does not ordinarily attract competition-law scrutiny merely because private operators lose passengers or revenue. Passenger preference arising from a fare concession, where the State bears the cost, does not by itself establish abuse of dominance, denial of market access, or unfair or discriminatory conditions. Differential commercial impact must be accompanied by independent exclusionary or unfair market conduct to constitute a competition-law contravention.
September 9, 2026
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Energy security cooperation broadens across fuels, nuclear power, critical minerals, electrification, and alternative logistics amid market disruption.
Energy security cooperation between Russia and China covers oil, gas, coal, nuclear power, renewable generation, battery storage, electricity grids, critical minerals, transport electrification and alternative logistics. Supply-chain resilience is linked to diversified fuel supplies, strategic oil reserves, mineral access and reduced dependence on vulnerable transport corridors. Alternative routes are presented as reducing delivery times and logistics costs, while bilateral settlements in national currencies support the wider economic relationship amid trade disruption, currency volatility and energy-market uncertainty.
September 9, 2026
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Digital savings account opening through video KYC enables remote onboarding, immediate transactions, and paperless customer service.
Digital savings account opening through video KYC enables remote onboarding without a branch visit, physical paperwork, or printed forms. Individuals holding valid Aadhaar and PAN may submit basic particulars, complete a live video interaction, upload identity documents digitally, select account preferences, and activate the account for transactions. Video Banking also provides live assistance for KYC completion, account queries, and service requests. Savings deposits earn daily balance-based interest paid monthly, with tiered rates, while a digital calculator estimates prospective interest earnings using current rate slabs.
September 9, 2026
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AI-enabled credit assessment uses alternative financial data to support inclusive lending, compliance, fraud controls, and customer servicing.
Agentic AI-enabled credit assessment uses alternative financial and commercial data to support formal credit access, including rural payment records, UPI transactions, GST data, trade data and banking data. Lending functions include automated assessment, AI-assisted underwriting, data intelligence and document processing. AI applications also support fraud and anti-money-laundering investigations, data-protection compliance, insurance operations, customer servicing and collections actions subject to compliance and policy guardrails.
September 9, 2026
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Supply-chain interoperability and flexibility can convert logistics infrastructure into strategic resilience amid changing trade routes and demand.
Supply-chain flexibility, interoperable data systems and strategic use of logistics infrastructure are central to the next phase of logistics development. Flexible warehousing can help businesses adjust capacity to changing demand and inventory needs, while specialised third-party logistics providers may add sector-specific value. Digital integration is necessary before artificial intelligence can effectively support forecasting, visibility and route planning. Geopolitical disruption also increases the importance of inventory optionality, rerouting capacity, Special Economic Zones and Free Trade Warehousing Zones.
September 9, 2026
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Reciprocal trade restrictions bar dairy, alcohol, motorcycles, and procurement access after retaliatory import tariffs escalate bilateral dispute.
United States trade measures prohibit Canadian dairy products, most alcoholic beverages and motorcycles, and exclude Canadian products from large, long-term government contracts until full and fair reciprocity is available for American products. Canada has imposed retaliatory tariffs on hundreds of American goods, maintaining that countermeasures are necessary where Canadian businesses face United States tariffs. The dispute has prompted Canada to pursue domestic investment, infrastructure development and trade diversification, including exploration of closer European Union cooperation.
September 9, 2026
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Government procurement reciprocity excludes Canadian products from long-term contracts as retaliatory tariffs intensify the bilateral trade dispute.
Government procurement reciprocity has been invoked to make Canadian products ineligible for large, long-term United States government contracts until "full and fair reciprocity" is afforded to American products. Canada has imposed retaliatory tariffs on hundreds of American products to prevent tariff-free entry of those goods while Canadian businesses remain subject to United States tariffs. Canada also identifies trade diversification, domestic investment, infrastructure development and deeper European Union cooperation as measures to reduce economic dependence and preserve policy autonomy.

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Axis Bank Launches Sparsh Week 2026: 'Act with Speed' Nationwide

September 10, 2026

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Axis Bank aims to hold more than 2.5 lakh customer conversations during the week through engagement initiatives, leadership immersions and community outreach programmes across diverse customer touchpoints nationwide
Mumbai, Maharashtra, India (NewsVoir)
Axis Bank, one of the largest private sector banks in India, today announced the launch of Sparsh Week 2026, its flagship customer obsession initiative that brings together customers, employees and leaders across the country to strengthen relationships, deepen customer understanding and drive meaningful action.
Axis Bank
Axis Bank
Scheduled from 7 to 11 September, this year's edition is anchored around the theme "Act with Speed", reinforcing the Bank's commitment to listening to customers and translating insights into faster action and better experiences.
Now in its fourth year, Sparsh Week has evolved into one of the Bank's largest customer engagement and employee mobilisation platforms. Over the next five days, the Axis Bank network aims to hold more than 2.5 lakh customer conversations across diverse customer touchpoints, segments, geographies and life stages.
A key highlight of this year's edition will be extensive leadership participation, with more than 90 leaders in the field from Kashmir to Kanyakumari and from Kutch to Kohima, meeting customers and colleagues across touchpoints including branches, MWBCs, Loan Centres, Axis Phone locations, loan centres and offices, further strengthening customer connect and frontline engagement.
Commenting on the launch, Amitabh Chaudhry, MD & CEO, Axis Bank, said, "At Axis Bank, Sparsh is much more than a customer engagement programme. It is how we institutionalise customer obsession across the organisation. Over the years, Sparsh has become the bridge between customer insight and organisational action, ensuring that customer feedback shapes how we design journeys, empower employees and improve experiences. This year's theme, 'Act with Speed', reflects our belief that listening matters only when it leads to action. Through the week, our teams will engage with customers across the country with a simple objective, to ensure every customer feels heard, every employee feels empowered and every insight helps us serve our customers better."
Reflecting its focus on turning customer feedback into faster action, Axis Bank will introduce a simplified Auto and Two-Wheeler financing journey for eligible customers during Sparsh Week 2026. The fully digital, end-to-end paperless process will enable application-to-disbursement in just 30 minutes. Powered by automated decisioning, straight-through processing, digital documentation and seamless dealer integration, the journey will be available to both existing and New-to-Bank customers. It demonstrates how customer feedback can drive meaningful innovation, helping reduce friction, accelerate access and deliver a seamless financing experience.
Engaging customers through dedicated experiences
Sparsh Week 2026 will bring together a range of customer engagement forums, listening sessions and community outreach initiatives tailored to diverse customer groups. Key highlights include:
• Senior Citizen Open Days focusing on retirement planning, estate planning, will creation, digital banking confidence and cyber fraud awareness.


• NRI engagement forums to better understand evolving expectations around global banking, investments and cross-border financial needs.


• Women Entrepreneur Connects bringing together women entrepreneurs, SHGs and JLGs to discuss business growth, opportunities and financial inclusion.


• Wealth Unplugged conversations centred on wealth creation, succession planning, retirement readiness and long-term financial security.


• MSME roundtables focusing on growth ambitions, digitisation, trade, transaction banking, forex and access to financing.


• Apna Gaon Apna Desh initiatives for Bharat Banking customers, combining customer listening, financial awareness and community outreach.


• Tractor Loan Carnivals for farmers, showcasing financing opportunities and agricultural aspirations.


• Structured listening sessions and gratitude programmes for Corporate and Wholesale Banking customers to better understand future expectations and strengthen relationships.


• Let's Listen sessions, Thank-a-thons, customer panels and gratitude conversations designed to create meaningful dialogue and gather actionable customer insights.
Building customer obsession from within
Alongside customer engagement, employees across the Bank will participate in a series of capability-building and recognition initiatives including Pulsate, Ignite, AI Masterclasses, fireside chats, Hackathons, Design Thinking Workshops, Customer Experience Simulations, contests, Sparsh Stories, recognition, Sparsh Ramp of Impact and leadership conversations.
Sparsh Week reflects Axis Bank's broader commitment to embedding customer-first thinking into everyday decision-making. Since the launch of Sparsh in FY22, the Bank's indexed Retail Bank NPS has improved significantly, while the Bank has also strengthened its position in external customer experience benchmarks.
As Sparsh Week 2026 unfolds across the country, the Bank's focus remains clear: reducing the time and friction between what customers convey and when the Bank takes action.
Every customer interaction should result in a clearer insight, a faster response, a resolved issue and a stronger relationship.
About Axis Bank
Axis Bank is one of the largest private sector banks in India. Axis Bank offers the entire spectrum of services to customer segments covering Large and Mid-Corporates, SME, Agriculture, and Retail Businesses. It has 6,295 domestic branches (including extension counters) and 12,564 ATMs and cash recyclers spread across the country as on 30th June 2026. The Bank’s Axis Virtual Centre is present across eight centres with 1,700 Virtual Relationship Managers as on 30th June 2026. The Axis Group includes Axis Mutual Fund, Axis Securities Ltd., Axis Finance, Axis Trustee, Axis Capital, A.TReDS Ltd., Freecharge, Axis Pension Fund and Axis Bank Foundation.
For more information, visit the website www.axis.bank.in.


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

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