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September 21, 2026
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Reciprocal tariffs and AI incident notifications frame bilateral talks on trade, security, technology and arms sales.
US sanctions legislation authorises the President to impose tariffs, including up to 100 per cent, on countries purchasing Russian oil and gas. China rejects tariffs directed at its Russian energy purchases and opposes unilateral sanctions and long-arm jurisdiction absent an international-law basis or a UN Security Council mandate. Washington and Beijing are also negotiating a reciprocal tariff-reduction framework covering products from both sides.
September 21, 2026
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Gold recycling and financialisation can reduce import dependence by mobilising household holdings through exchange, credit and non-physical investment.
Organised gold recycling, responsible sourcing, gold loans and financialised gold products are identified as ways to reduce reliance on fresh gold imports. Exchanging old jewellery can meet retail demand from existing domestic holdings, while gold loans unlock credit without requiring households to sell their gold. Gold ETFs and digital gold permit exposure to gold's value without physical possession and may reduce physical import demand. Transparency, trust and supporting infrastructure are necessary to integrate household gold into an organised formal economy.
September 21, 2026
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Tribunal infrastructure and member vacancies: amenities assessment and bench-level data collection address reduced sittings across company-law benches.
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September 21, 2026
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Duty-free access for Indian exports under the India-New Zealand trade agreement begins with its entry into force.
The India-New Zealand Free Trade Agreement will grant duty-free access in New Zealand to all Indian exports, displacing existing peak tariffs on products such as ceramics, carpets, automobiles, and auto components. Scheduled to enter into force on 20 October 2026, the agreement also includes New Zealand's long-term investment commitment in India.
September 21, 2026
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Tariff sanctions and AI trade consultations examine reciprocal tariff reduction amid energy-purchase measures and objections to unilateral sanctions.
Expanded sanctions and tariff measures form the immediate trade-policy backdrop. The Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 authorises expanded sanctions and tariffs targeting Russia and countries that buy its energy exports. China contests the application of tariffs to its purchases and opposes long-arm jurisdiction and unilateral sanctions asserted without a basis in international law or a UN Security Council mandate. Parallel negotiations contemplate a reciprocal tariff-reduction arrangement.
September 21, 2026
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September 21, 2026
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September 21, 2026
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Private capital mobilisation for development financing requires predictable investment conditions, credible projects, fiscal transparency, and strengthened State capital expenditure.
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September 21, 2026
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PMLA-IBC interface examines challenges in harmonising insolvency resolution with money-laundering asset attachment, investigation, tracing and enforcement.
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September 21, 2026
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September 20, 2026
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September 20, 2026
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Ten-year director tenure cap governs removal of ineligible cooperative bank board members after regulatory review.
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September 19, 2026
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Biometric Aadhaar authentication becomes essential for domestic LPG consumers seeking regulated subsidised refill bookings, while market-price supply remains available.
Biometric Aadhaar authentication is required from October 1 for domestic LPG consumers to book subsidised refills at the regulated retail selling price. Authentication can be completed through delivery personnel, distributor showrooms or designated mobile applications. Consumers unwilling or unable to authenticate may obtain LPG at the applicable market price without subsidy after registering their choice through specified digital channels. The framework distinguishes subsidised LPG linked to Aadhaar-authenticated consumers from market-priced LPG and seeks targeted subsidy delivery, reduced leakage, and prevention of diversion, duplicate connections and ineligible access.
September 19, 2026
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Cooperative bank director tenure limits require disqualification and removal when service exceeds the statutory maximum period.
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September 19, 2026
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Tariff treatment of Indian exports shifted from reciprocal duties to targeted trade measures, sectoral duties, and specified exemptions.
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September 19, 2026
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PMLA-based FIR request over alleged consultancy payments remains under legal examination amid criticism of non-registration.
Enforcement Directorate sought registration of an FIR concerning alleged fraudulent payments by Cochin Minerals and Rutile Ltd to Exalogic Solutions, represented as IT consultancy fees. The request relied on evidence gathered through investigation and searches under the Prevention of Money Laundering Act. Registration remained under consideration after receipt of the Advocate General's legal opinion, with the Home Department examining the matter.
September 19, 2026
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September 19, 2026
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AI governance for regulated financial services enables natural-language automation while preserving enterprise security, auditability, control, and scalable deployment.
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September 19, 2026
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Recurring token reward distributions connect eligible holdings, platform activity, and partner participation through hourly settlement cycles.
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September 19, 2026
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Asset monetisation of surplus public land and buildings is accelerated through transparent, value-oriented processes and stakeholder coordination.
NLMC's Board recommended monetisation proposals involving surplus land and building assets valued at over Rs. 5,000 crore. Monetisation is facilitated through asset identification, due diligence, valuation and appropriate process structuring, with emphasis on transparency, efficiency and value realisation. Sustained coordination with asset-owning entities is intended to expedite implementation and support timely, commercially appropriate monetisation of underutilised public assets.

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PMLA / Black Money

National Herald case: Sonia, Rahul term ED's plea in Delhi HC 'abuse of process of law'

September 22, 2026

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New Delhi, Sep 22 (PTI) Congress leaders Sonia Gandhi and Rahul Gandhi have termed as "abuse of the process of law" a plea filed in the Delhi High Court by the Enforcement Directorate challenging a trial court order refusing to take cognisance of its charge sheet against them in the National Herald-linked money laundering case.

In their response, the Gandhis have opposed the ED's revision petition saying it is "not maintainable" as the trial court's order is "perfectly legal and sound in law and does not suffer from any jurisdictional error, perversity, irregularity or illegality".

On Tuesday, Justice Sachin Datta was informed by the Gandhis' counsel that they have filed the replies on September 18. The court listed the matter for further hearing on October 12.

"The petitioner (ED) has miserably failed to demonstrate that the complaint filed by the ED was maintainable on the basis of the statutory provisions, applicable to the case. It is writ large that the words 'private complaint' or 'a complaint by a public person/citizen', do not find any place in the entire statutory framework," the replies, filed through advocates Sushil Bajaj, Tarannum Cheema and Kanishka Singh, said.

On December 16, 2025, the trial court had held that cognisance of the agency's complaint in the case was "impermissible in law" as it was not founded on an FIR.

In its order, the trial court had said that an investigation and the consequent prosecution complaint (equivalent to a chargesheet) pertaining to the offence of money laundering were "not maintainable" in the absence of an FIR for the offence mentioned in the schedule to the PMLA.

It had said the agency's probe stemmed from a private complaint, and not an FIR, and despite receiving the complaint made by BJP leader Subramanian Swamy and the consequent summoning order in 2014, the CBI refrained from registering an FIR in relation to the alleged scheduled offence.

The ED, in its plea in the high court, claimed that the trial court order has in effect given a hall pass to a category of money launderers only on the ground that the scheduled offence is reported by a private individual by way of a complaint to a magistrate.

Opposing the ED's plea, the Gandhis said this case provides the only instance where a non-statutory complaint by a private person has been made the foundation of initiating proceedings under the PMLA.

"Faced with this impasse, the petitioner is embarking upon an endeavour to find support from general and convenient self-invented legal premises. Leaving the relevant statutory provisions aside it is being canvassed that a private complaint culminating in the passing of a cognisance order, is even superior to an FIR, which has no judicial confirmation. It is an argument of convenience," the reply, settled by senior advocate R S Cheema, said.

It added that a private complaint, under no circumstances, can serve as a foundational instrument for registration of an ECIR under the Act, incitation of investigation and launching of the prosecution.

The Gandhis said they have filed the reply only on the legal issue involved in the matter and prayed that the ED's petition be "dismissed being an abuse of process of law".

The reply also mentioned that the ED has filed the petition in the high court at a "lightning speed" as the order was passed by the trial court on December 16, 2025 and the agency approached the high court on December 17.

"The swiftness with which the petitioner proceeded in the matter speaks volumes about the extraordinary interest that the department is taking in the case.

"This approach when seen in light of the fact that the present case is apparently one single instance in the entire country where the department has proceeded on basis of a private complaint leaves a lot to be answered on the extraneous reasons which weighed with the petitioner to move with undue haste, given the fact that in such cases layers of approvals are required to be taken before filing," it said.

It said that in the Act itself there is absolutely no mention of the words 'private complaint' and this is unequivocal reflection of the legislative intent.

The reference made in the Act, in terms of what constitutes action taken in the predicate offence to contemplate action under the PMLA, is restrained to investigation in form of an FIR or a complaint by a person authorised to investigate.

On December 22, 2025, the high court had issued notice to the Gandhis and others on the main petition as well as on the ED's application seeking a stay on the December 16 trial court order, which held that cognisance of the agency's complaint in the case was "impermissible in law" as it was not founded on an FIR.

Besides the Gandhis, the high court also issued notices to Suman Dubey, Sam Pitroda, Young Indian, Dotex Merchandise Pvt Ltd and Sunil Bhandari on the ED's plea.

The ED has accused Sonia and Rahul Gandhi, as well as late Congress leaders Motilal Vora and Oscar Fernandes, along with Dubey, Pitroda, and the private company Young Indian of conspiracy and money laundering.

It has been alleged that they acquired properties worth approximately Rs 2,000 crore belonging to the Associated Journals Limited (AJL), which published the National Herald newspaper.

It also alleged that the Gandhis held 76 per cent shares in Young Indian, which "fraudulently" usurped the assets of AJL in exchange for a Rs 90 crore loan. PTI SKV ZMN

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