Railway policeman alleges Rs 92.5 lakh investment fraud; FIR filed for cheating and criminal conspiracy involving three accused.
A complaint alleges that between February 2023 and August 2024 the complainant transferred Rs 92.5 lakh after liquidating assets and borrowing to invest in a firm which purportedly had funds stuck in Hong Kong; promised returns were not paid, post dated cheques were rejected, and call recordings plus bank transactions were submitted. An FIR names an assistant sub inspector and two others under cheating and criminal conspiracy, and investigation is underway.

Partial US government shutdown risks unpaid federal workers and disruptions to Pentagon, FEMA, and transportation services.
A partial lapse in appropriations temporarily halts funding for the Pentagon, DHS, and the Department of Transportation while essential functions continue; affected workers may work without pay or be furloughed if the gap endures. FEMA retains multibillion-dollar disaster funds to respond to storms but nonemergency activities like National Flood Insurance policy issuance could pause during an extended lapse. Air traffic controllers will staff the system without pay until funding is restored. SNAP and WIC remain fully funded for the fiscal year and continue benefit delivery.

Amit Rautela appointed CFO of Patratu Vidyut Utpadan Nigam, bringing treasury and working capital expertise from MUNPL.
Amit Rautela has been appointed Chief Financial Officer of Patratu Vidyut Utpadan Nigam (PVUN), a 74:26 NTPC-Jharkhand government joint venture, joining from Meja Urja Nigam Private Limited (MUNPL) where he served as CFO since 2017. The statement cites his work in optimising borrowing costs, improving working capital, and enhancing fiscal discipline, and notes his role in achieving MUNPL's record financial performance in FY25. PVUN was formed in October 2015 to develop a 4,000 MW coal-fired thermal power plant in two phases.

India's AI regulatory gap creates legal uncertainty over ownership of AI-generated content and governance for developers.
India lacks an AI-specific regulatory framework beyond the IT Act, intermediary rules and the Digital Data Protection Act, producing legal uncertainty as courts confront AI-related offences. A key ambiguity concerns copyright and the ownership of AI-generated content, since current law grants authorship only to humans. Founders must therefore weigh legal, liability and data-governance risks, and policy focus is urged on developing contextual small language models and governance mechanisms to enable beneficial AI uses.

Canada's Conservative Party kept Pierre Poilievre as leader with 87.4% support despite election loss and defections.
The Conservative Party retained Pierre Poilievre as leader with 87.4% support in a leadership review despite his prior election defeat and temporary loss of his parliamentary seat; he has since rejoined the House. The vote followed defections of two Conservative lawmakers to the Liberals, altering parliamentary numbers, and occurred against a backdrop of US tariff measures and perceived economic coercion, which Poilievre addressed by supporting efforts to remove tariffs and diversify exports.

UK-China trade visit secures export and investment deals, market access pacts, tariff relief and a food safety cooperation mechanism.
The UK concluded bilateral commercial arrangements with China delivering about 2.2 billion in export deals, ~ 2.3 billion in multi year market access pacts, tariff reduction for Scotch whisky, sectoral investments, and a food safety cooperation mechanism to streamline import approvals and reduce regulatory overheads for UK exporters.

AVI Polymers secures in-principle approval for a Rs 90 crore rights issue to finance growth and working capital.
BSE has granted in-principle approval for AVI Polymers Ltd's Rs 90 crore rights issue, permitting the company to commence the capital-raising process subject to subsequent regulatory and procedural compliance; the company states proceeds will expand volumes, strengthen working capital, and pursue strategic opportunities.

State-level data platforms and zero-trust cybersecurity enable disciplined, outcome-driven governance to advance national development by 2047.
The document presents data governance via an AI-ready operating layer (DataOS ) to unify fragmented state data, enable real-time outcome-driven decision-making, and embed regulatory-grade controls across departments; it pairs this with zero-trust cybersecurity micro-segmentation and breach-containment frameworks to protect critical state platforms and citizen data, positioning these convergent mechanisms as essential for disciplined, scalable state governance and fiscal prudence in delivering Viksit Bharat @2047.

K J Somaiya Institute of Management recognised for strengthening sports education via its MBA Sports Management and experiential curriculum.
K J Somaiya Institute of Management's MBA in Sports Management integrates core management disciplines with specialised, industry aligned training and immersive experiential pedagogy-live projects, field immersions, case studies and simulations-while embedding a mandatory 10% academic weightage to physical fitness through compulsory sports credit audit courses for first year students, supported by industry partnerships and access to Somaiya Sports Academy infrastructure.

Modular fabrication facility JV announced: 50:50 partners, USD 100M investment to localize manufacturing and modular EPC services.
A Memorandum of Understanding creates a 50:50 joint venture between AG&P Industrial and Pragati Infra Solutions to establish a heavy modular fabrication and erection facility in Andhra Pradesh with a proposed USD 100 million investment and an expected completion by 2027, combining AG&P's ModstructionTM and EPFCIC capabilities with PISL's domestic EPC execution to localize manufacturing and deliver modular EPC services for energy and industrial sectors.

Metro station naming rights: Roswalt Realty acquires Oshiwara station name for one year to rebrand the station.
Roswalt Realty acquired the naming rights to Oshiwara Metro Station for one year, rebranding it as Roswalt Realty Oshiwara; the announcement framed the arrangement as aligning the company's brand with a high-footfall public infrastructure site in the Oshiwara-Andheri West corridor to strengthen market presence and community engagement.

India-EU trade agreement grants 99% duty-free access from day one to boost exports and lower consumer prices.
The India-EU free trade agreement concluded for implementation this year will grant 99 per cent duty-free access for India's exports to the EU from day one, is expected to double outbound shipments in five years, and positions consumers as major beneficiaries through lower goods prices while prompting calls for domestic investment and capacity expansion to seize new market access.

IDFC FIRST Bank Q3 FY26: PAT up 48%, strong loan and deposit growth, improved CASA and asset quality.
IDFC FIRST Bank posted Q3 FY26 PAT of Rs. 503 crore (up 48% YoY) with customer business at Rs. 5,62,090 crore; loans grew 20.9% YoY, deposits 24.3% YoY, CASA rose to 51.64%, NIM was 5.76%, cost of funds 6.11%, GNPA 1.69% and Net NPA 0.53%, and capital adequacy was 16.22%, with provisions slightly reduced and growth concentrated in mortgages, vehicle, consumer, business banking and wholesale loans.

Odisha extends VGF for two international air routes and approves a Rs 17,250 crore integrated manufacturing complex, plus policy and infrastructure measures.
The cabinet authorised six month VGF continuation of approximately Rs 26.87 crore for Bhubaneswar-Dubai and Bhubaneswar-Singapore routes from the B MAAN scheme, with further action subject to Chief Minister review; approved an integrated new age manufacturing complex under IPR 2022 with ~Rs 17,250 crore investment and phased speciality steel, super alloy and casting/forging units projecting substantial direct and indirect employment; and sanctioned the State Cooperative Policy 2026, recruitment rules for a centralised uniformed services commission, a Rs 362 crore Diversion Weir Improvement Scheme, and a Rs 254.85 crore five year science and technology scheme.

Jaipur Discom earned Rs 104.39 crore by auctioning unusable and scrap material this fiscal year.
Jaipur Discom institutionalised and expedited disposal of unusable and scrap material via coordinated monthly auctions, directing material-management and inspection officials to prepare survey reports, monitor auctions, and resolve ancillary issues (such as vehicle tax and registration) to prevent deterioration and revenue loss. The discom conducted 221 auctions up to January 2025-26 across circles, disposing of varied obsolete items and 34 identified vehicles, generating Rs 104.39 crore so far in 2025-26-the highest in five years-and projecting Rs 125 crore by year-end.

Wipro GE Healthcare launches Made in India SIGNA Prime Elite MR with AI imaging, lower power use, and reduced helium consumption.
Wipro GE Healthcare launched the domestically manufactured SIGNATM Prime Elite MR system as part of its 'Made in India' portfolio, emphasizing localization through a joint venture, planned manufacturing and R&D investment, and measures to expand access by reducing installation power requirements. The platform is described as AI powered with deep learning reconstruction and automated workflow tools to shorten scan and preparation times, enhance image clarity and reproducibility, and improve patient comfort; it also claims substantial helium reduction and lower energy consumption to support sustainable operations.

Birla Corporation reports 71% rise in Q3 net profit; revenue down amid lower cement volumes and price declines.
Birla Corporation posted a 71% year on year rise in consolidated net profit to Rs 53 crore and an 18.4% increase in consolidated EBITDA to Rs 312 crore, while consolidated revenue declined 4.1% to Rs 2,178 crore due to a 6% fall in cement sales volume and a 4-6% reduction in cement prices. The cement division's EBITDA margin rose to 14.8%, total cement production costs fell 4%, and EBITDA per tonne increased 23.4% to Rs 702. The company made a Rs 34 crore provision for the estimated impact of new labour codes and is pursuing cost rationalisation and mix optimisation measures.

Physiotherapists recognised to use the "Doctor" title and practise independently, welcomed by the national professional body.
Physiotherapists have been recognised as entitled to use the "Doctor" prefix and to practise independently, a development welcomed by the national physiotherapy association. The announcement accompanies CAPAAR Child Care Centre's tenth anniversary, which emphasises its multidisciplinary model-integrating physiotherapy, speech therapy, psychology, and special education-early diagnosis, individualized education plans, evidence based interventions, and community partnerships to support children with developmental and neurological challenges.

Jharkhand demands a special tourism package, expanded rail links, and earmarked budget funds for pending dues and Jharia fire relief.
Jharkhand leaders requested the Union Budget include a special tourism package and expanded railway connectivity with western, southern and northeastern regions, plus earmarked fiscal measures: release of Rs 1.36 lakh crore in pending central dues, a separate fund for the Jharia underground fire, and a mechanism for outstanding coal royalty payments.

Budget FY27 focuses on capex-led growth, tax stability, manufacturing incentives, MSME support and green energy measures.
The FY27 Budget will prioritise a measured capital expenditure drive across transport, defence manufacturing and renewables to sustain growth; maintain tax stability with incremental personal tax tweaks and unchanged corporate rates while using compliance and digitisation to broaden the base; and support jobs, manufacturing and MSMEs through incentives, PLI refinements, and enhanced credit, alongside measures for renewable energy and energy-security allocations.