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    SC disposes of SEBI's pleas against NSE after Rs 1500-crore settlement
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September 3, 2026
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Co-location and dark fibre settlement addressed allegations of preferential market-data access and speed advantages in trading.
SEBI's co-location and dark fibre matters involving NSE concerned allegations that certain stockbrokers obtained unfair preferential speed advantages to access market data and execute trades ahead of other investors. NSE pursued settlement applications covering both matters, and revised settlement terms increased the cumulative amount. Payments made by NSE together completed the agreed settlement amount.
September 3, 2026
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Preferential tariff treatment remains the condition for finalising the bilateral trade agreement and improving Indian export competitiveness.
Finalisation of the India-US Bilateral Trade Agreement is contingent on the United States extending preferential tariff treatment to India relative to competing supplier countries. Further negotiations are required following changes in the United States tariff environment. A comparative tariff advantage is intended to improve the price competitiveness of Indian goods in the United States market, particularly against competitors benefiting from lower duties under least-developed-country preferences or trade agreements.
September 3, 2026
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MSME secured lending equity capital, subject to regulatory approval, supports expansion without management-control change in operations.
Business Nextgen Finance Private Limited, a non-deposit taking non-banking financial company registered with the Reserve Bank of India, has raised Rs 215 crore in equity capital to expand secured credit for micro, small and medium enterprises. The transaction received prior Reserve Bank of India approval. The capital base will support secured lending scale-up, geographic expansion, technology investment and wider access to formal credit in underserved markets. The investment does not involve a change in management or day-to-day control.
September 3, 2026
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Money-laundering probes into narcotics trafficking rely on predicate police and narcotics cases and examine cross-border linkages.
Money-laundering investigation under the Prevention of Money Laundering Act involves coordinated searches in connection with multiple narcotics-trafficking matters. The investigation is founded on police and Narcotics Control Bureau FIRs and linked chargesheets concerning separate drug-trafficking allegations, including alleged trafficking in methamphetamine, marijuana and MDMA with suspected cross-border linkages.
September 3, 2026
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Conversational AI account management enables businesses to access payment information, settlement support, refunds, and payment links through WhatsApp.
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September 3, 2026
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September 3, 2026
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September 3, 2026
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Gated residential community launch combines smart-home villas, extensive lifestyle amenities and planned expansion into future residential developments.
VR LIVIN Ventures LLP launched 'THE FIRST', an 83-villa gated residential community in Madhavaram, North Chennai, which recorded sales of 20 villas during its first two launch days. The development includes smart-home villas and more than 50 lifestyle amenities, with access to nearby metro connectivity and social infrastructure. It forms part of the company's intended expansion of residential projects in Chennai and other South Indian locations.
September 3, 2026
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GST rationalisation for amusement park admissions could lower ticket prices, stimulate consumer demand, and support investment without input tax credit.
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September 3, 2026
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Money laundering linked to hybrid ganja smuggling involves alleged illicit cross-border transfers and foreign-exchange violations.
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September 3, 2026
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Foreign-currency deposit mobilisation supports currency appreciation while creating surplus-liquidity sterilisation pressures through deposit swaps in domestic banking markets.
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September 3, 2026
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Money laundering investigation examines alleged diversion of bank loans from a power project to group entities and personal use.
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Globalisation of auto component manufacturing is linked to trade access, resilient supply chains, technology adoption, safety, and vehicle scrappage.
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September 3, 2026
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Updated IP cooperation guidelines strengthen cross-border innovation, patent examination coordination, traditional knowledge protection, and geographical indication commercialisation.
IP BRICS Heads adopted Updated Operational Guidelines to direct result-oriented intellectual property cooperation, promote cross-border innovation, and reinforce joint engagement in global IP standards. Priority areas include protection of traditional knowledge and traditional systems of medicine, reinforced patent examination cooperation, exchange of search results, patent analytics, and geographical indication protection and commercialisation. Coordination mechanisms and periodic progress reviews are emphasised for effective implementation and continuity of cooperation.
September 3, 2026
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Sovereign credit rating upgrade reflects resilient growth, improved fiscal expenditure quality, stronger financial systems, and a robust external position.
India's long-term foreign-currency and local-currency issuer ratings were upgraded from 'BBB+' to 'A-', with a Stable Outlook, reflecting resilient economic growth, improved fiscal expenditure quality, strengthened financial-sector soundness, and a robust external position. Fiscal improvement is linked to greater capital expenditure and lower fiscal deficit. Financial resilience is supported by improved banking and non-banking sector asset quality and capital adequacy. External strength arises from a contained current account deficit, services surplus, and foreign-exchange reserves exceeding short-term external debt.
September 3, 2026
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Public sector general insurance performance requires profitable underwriting, lower claim ratios, digitalisation, standardised monitoring, and quality grievance redressal.
Public Sector General Insurance Companies were advised to focus on profitable business lines, reduce the Incurred Claim Ratio, and accelerate technology use and digitalisation while optimising related expenditure. They are to improve insurance penetration, density, outreach and customer awareness, particularly in underserved segments, while reducing protection gaps. A robust, standardised KPI framework should enable comparable financial and non-financial performance assessment and be reviewed quarterly. Customer grievances require expeditious and quality redressal.
September 3, 2026
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Cross-border financing through GIFT-IFSC expands foreign currency mobilisation, external commercial borrowing disbursements, and international bond market access.
GIFT-IFSC's IBUs mobilised foreign-currency liquidity under the RBI's FCNR(B) deposit swap facility, with 20 IBUs sanctioning USD 54.02 billion and disbursing approximately USD 52.82 billion as at 31 August 2026. Between April and August 2026, IBUs disbursed USD 11.62 billion in External Commercial Borrowings, while Indian banks raised USD 11.12 billion through bond listings on IFSC exchanges. These activities support cross-border financing, international capital-market access and foreign-exchange inflows.
September 3, 2026
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Bilateral business council leadership appointment strengthens operational capacity to advance Canada-India economic and investment partnerships.
Operational leadership for bilateral economic engagement is strengthened through the appointment of Shuchita Sonalika as the first Chief Operating Officer of the Canada-India Business Council. The appointment is directed toward enhancing the council's capacity to support expanding investment and economic relations between Canada and India, in coordination with its board, members and partners. Sonalika brings international affairs experience in advancing India's economic partnerships across global markets.
September 3, 2026
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Regulatory certainty, ease of compliance and investment facilitation are identified as central elements of India's economic reform orientation. The Insolvency and Bankruptcy Code is included among reforms supporting regulatory certainty, reduced paperwork and easier compliance. Policy priorities include infrastructure development, artificial intelligence and data centres, credit access for MSMEs, reduction of banks' non-performing assets, fiscal discipline, and investment facilitation by central and state governments.
September 2, 2026
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Sovereign credit rating upgrade reflects resilient economic growth, fiscal quality, financial-system soundness, and external-sector resilience.
Japan Credit Rating Agency upgraded India's foreign-currency and local-currency long-term issuer ratings to A-, citing solid economic growth, strengthened growth-oriented policies and improved financial-system soundness. Improved banking asset quality, insolvency mechanisms, government capital infusion and stronger central-bank supervision support financial resilience. Fiscal quality has improved through greater infrastructure-focused capital expenditure and restraint in current spending, while a contained current-account deficit, services surplus and substantial foreign-exchange reserves support resilience to external shocks.

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Ethanol can help raise farmers' income and reduce fuel imports: Gadkari

September 25, 2026

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Bhopal, Sep 25 (PTI) Union minister Nitin Gadkari on Friday said the use of ethanol could help raise farmers' income and reduce India's dependence on petroleum imports, as he called for wider adoption of alternative fuels and cleaner public transport.

He was addressing a programme here after launching Madhya Pradesh's new public bus service with Chief Minister Mohan Yadav.

"Today, the farmer is not only our 'anna data' (food provider) but also our 'urja data' (energy provider)," Gadkari said.

Ethanol production has already benefited farmers, the Road Transport and Highways Minister said, citing the increase in maize prices from around Rs 1,200 per quintal to Rs 2,600 per quintal after ethanol production began.

"This is the meaning of swadeshi, self-reliance and independence," he said.

The minister said flex-fuel engines, capable of running on 100 per cent ethanol, were being developed and vehicles using this technology would be introduced.

India imports petroleum worth around Rs 22 lakh crore, he said, and stressed the need to reduce the country's dependence on imported fuel by using ethanol, electricity, hydrogen and other alternative energy sources.

The government was also promoting electric vehicles. Electric tractors had been introduced and hydrogen-powered vehicles were being developed, according to Gadkari.

"I travel in a hydrogen vehicle. Its name is Mirai, which means future," he said, adding that hydrogen buses would be introduced on 10 routes.

Using clean fuels would help reduce pollution and fuel imports without compromising on safety, the

Speaking about public transport, Gadkari said the new bus service launched in Madhya Pradesh would provide safer, affordable and accountable transport facilities, particularly to poorer sections of society.

"Poor people should get facilities. They should get better facilities in AC buses and the ticket fare should be 30 per cent lower than that of diesel buses. This is our dream," he said.

Gadkari said the government wanted to make public transport more popular in India and pointed out that the transport sector accounted for a substantial share of pollution.

He said the government was working on several measures to improve bus safety and quality, including stricter testing requirements before registration.

Gadkari said buses would also be made more accessible for persons with disabilities and senior citizens, with designs enabling easier boarding.

He said the government was promoting the scrapping of old vehicles and increasing the number of vehicle scrapping and testing centres.

Gadkari said 32 driving centres had been started in Madhya Pradesh to address the shortage of trained drivers.

The minister also highlighted the potential of converting waste into fuel, saying Nagpur was producing 28 tonnes of CNG daily from waste and that around 4,000 such projects were being taken up across the country.

Such projects would help farmers earn additional income while reducing imports and pollution, he said.

Gadkari said the Centre's PM e-Bus Sewa scheme envisaged deployment of 10,000 buses with an outlay of Rs 57,000 crore and was expected to generate 45 lakh to 55 lakh jobs. He said 972 buses had been sanctioned under the scheme.

He said India had about two buses per 1,000 people, compared to the requirement of eight buses per 1,000 people, indicating the need for a substantial expansion of public transport.

The government wanted to facilitate the manufacture of two lakh buses in three years and make India a global leader in the automobile industry, the minister said.

The country's automobile sector has grown from being the world's seventh-largest to the third-largest, after overtaking Japan, he added.

Gadkari said the transport sector accounted for around 40 per cent of the country's air pollution adding that he took responsibility for addressing the problem.

He said amendments to motor vehicle rules in 2019 had enabled private vehicle owners to use their vehicles as taxis, creating employment opportunities.

"These small decisions have created four crore jobs," he said, adding that four crore drivers had found employment -- 1.2 crore through cars, 55 lakh through autorickshaws and 2.5 crore through two-wheelers.

Gadkari said the provision had so far been implemented in only three states and if all states adopted it, up to 12 crore employment opportunities could be created.

"Providing employment to the unemployed is the most important task in the country today. If all states implement this, 12 crore employment opportunities will be created," he said.

Gadkari said if Madhya Pradesh implemented the measure, 40 lakh to 50 lakh unemployed people could earn a livelihood with dignity.

Referring to the philosophy of Pandit Deendayal Upadhyaya, whose birth anniversary falls on Friday, Gadkari said his social thinking was known for "antyodaya" or uplift of the last person standing at the very bottom of society.

Gadkari said the earlier state government bus service had suffered losses and was eventually shut down, but buses were now being introduced under a new model using technology to provide safe, economical and accountable services.

He said the objective was to ensure that poor people could access better transport facilities and that the benefits of development reached those at the bottom of society. PTI LAL MAS NP

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