The Anti-Corruption Bureau/Economic Offence Wing (ACB/EOW) has claimed in its chargesheet that Chaitanya, son of former Chhattisgarh Chief Minister Bhupesh Baghel, received Rs 200 crore to Rs 250 crore as his share from an alleged liquor scam in the state.
The latest move removes one of the key friction points for visitors, temporary liquor permits, while allowing licensed hotels and restaurants operational flexibility.
China Eastern Airlines has resumed its Shanghai-Delhi service after a five-year gap, marking the first mainland Chinese carrier to restore direct flights to India this year. The resumption follows the resolution of border tensions and aims to boost trade, economic, and cultural exchanges between the two countries.
Ahead of the Union Budget 2026-27, Indian business houses have urged the government to make demergers tax-neutral, particularly in cases involving transfer of investments in associate companies with 25 per cent or more shareholding, under the new Income Tax Act. This may possibly help some companies planning to go public, according to a source.
India's merchandise trade deficit widened to a record $41.68 billion in October, as gold imports trebled and outbound shipments registered their sharpest contraction in 14 months, according to data released by the commerce department.
The US has approved the sale of Excalibur Projectiles, Javelin Missile System and related equipment totalling over 90 million dollars to India.
What is currently perceived as a massive, low-tech liability could become a high-value, export-oriented economic engine, points out Ajit Balakrishnan.
The rupee breached 90-levels against the greenback for the first time on Wednesday, falling 6 paise to 90.02 in early trade, as banks kept buying US dollars at higher levels and FII outflows continued.
The reduction in the number of loan accounts and the outstanding amount during the last financial year is a cause of concern and stress for microfinance institutions (MFI), Secretary, Department of Financial Services, M Nagaraju said on Thursday, highlighting "inefficiency" in MFIs that leads to higher rates of interest.
'These children possess catastrophically low birth weights -- often 1.4 kgs or less. Such extremely low birth weight results in profoundly compromised neo-natal immunity.' 'The escalation to 97 deaths in three months precipitated contemporary attention precisely because this magnitude concentrates the humanitarian emergency, rendering it impossible for the administrative machinery to ignore.'
Noting that recent uncertainties created by global tariffs have not impacted the Indian economy severely, Anuradha Thakur, secretary, Department of Economic Affairs, said the central government is hopeful that the recent goods and services tax (GST) rationalisation will ignite the much needed animal spirits in the financial sector.
India's leading agriculture commodity exchange, the National Commodity & Derivatives Exchange (NCDEX), has decided to acquire around a 20 per cent stake in a new commodities and financial derivatives exchange being set up in Sri Lanka, subject to regulatory and governmental approvals. The move aims to deepen NCDEX's footprint in the financial ecosystem of its neighbouring country.
The US Department of the Treasury on Wednesday imposed sanctions on Russia's two largest oil companies, Rosneft and Lukoil, in an effort to pressure the Kremlin to end its war in Ukraine.
India emerged from the war militarily bruised and strategically altered. The United States, under the guise of friendship, had succeeded in achieving what open alignment never could: The psychological and political repositioning of India within the Cold War order, points out Dr Kumar.
India needs to limit its reliance on multinational corporations (MNCs) for strategic audits and consulting in order to strengthen its economic sovereignty and achieve the goal of Atmanirbhar Bharat, the Ministry of Corporate Affairs (MCA) said in an office memorandum released on Wednesday.
'Poverty eradication is a continuous process. There is no full stop to it.'
'When an establishment operates despite demolition or closure orders, without proper fire exits, evacuation plans or safety audits, and yet is allowed to host large crowds, the state cannot hide behind the language of accident.' 'The authorities were aware of the risks and of the violations, but chose not to act decisively because doing so would have inconvenienced those with influence and financial stakes.' 'In such a scenario, the moral and legal responsibility for the resulting deaths moves from negligence towards culpability; calling it 'murder' is a way of underlining that these lives were sacrificed at the altar of greed and complicity, not fate.'
'What we are seeing today is India stepping into its digital confidence, not as a follower but a leader.'
The story of Bihar's educational reform is a lesson for all reforms done halfway.
A deep dive into Trump's new policy and what it means for Indian professionals and companies.
As per the new rule, foreigners who file to renew their EAD on or after October 30, 2025, will no longer receive an automatic extension, the DHS said in a news release.
'If the near-term economic pain is absorbed more by those who have the ability and the financial strength to do so, then small and medium enterprises in downstream industries will emerge stronger from the trade imbroglio.'
The US Chamber of Commerce has filed a lawsuit against the Trump administration's decision to impose a USD 100,000 fee on new H-1B visa petitions, arguing it harms American innovation and competitiveness.
While both sides have announced the decision to restart talks for a trade deal, government officials said discussions are continuing virtually.
A court in Antwerp on Friday cleared the extradition of fugitive diamantaire Mehul Choksi, noting that his arrest by the Belgian authorities on India's request was valid, officials in the know of the development said.
'The Pahalgam terror attacks and the conflict that followed were a big blow to local tourism.' 'And just when things were starting to go back to normal, the floods, caused by heavy rain, spoiled all chances of a bounce-back this season.'
Whether Trump will actually press ahead with the oil sanctions remains unclear, since keeping Russian oil out of the world market risks high oil prices which could boomerang on the US economy and be damaging politically for Trump, points out Ambassador M K Bhadrakumar.
'In case a particular industry has not passed on the benefits and if we receive complaints, we will take up the matter with the industry body concerned.'
Finance Minister Nirmala Sitharaman on Tuesday asked fintech firms to focus on risk management at a time when criminals are using AI to mimic voices, clone identities and create lifelike videos to manipulate people.
A senior official from the Union Ministry of Finance died and three others were injured after a BMW allegedly struck his motorcycle in Delhi. Police are investigating the incident.
The Lookout Circular was issued by the city police's economic offences wing as the couple makes frequent international trips
The Delhi high court has protected the personality rights of Bollywood actor Abhishek Bachchan, restraining websites and online platforms from illegally using his name or images for commercial gain without his consent.
The MiG-21 episode demonstrates that procurement is always strategic.
Choices about what aircraft to acquire, who builds them, who supplies the spares, who trains the pilots and technicians are decisions with political consequences lasting for decades.
India is preparing to resume the Kailash Mansarovar Yatra, a pilgrimage to Mount Kailash in Tibet, after a three-year hiatus. The decision comes as part of efforts to improve relations between India and China, which have been strained since a military standoff in 2020. The two countries have also agreed in principle to resume flight services between them.
On his 200th birth anniversary, Utkarsh Mishra traces the life, thought, and legacy of Dadabhai Naoroji, the Grand Old Man of India.
'Even if tariffs are reduced, non-tariff may still remain a challenge.'
India's goods exports rebounded in July after two months of contraction, with outbound shipments rising 7.3 per cent to $37.24 billion, led by a surge in exports to the United States before the country's reciprocal tariff kicked in and bolstered by a recovery in exports to other key markets.
The Indian government has provided assurances to Belgian authorities regarding the prison conditions awaiting Mehul Choksi if he is extradited. The details focus on meeting European standards for humane treatment and addressing concerns about overcrowding and solitary confinement.
Addressing the nation on 79th Independence Day, Modi said the time has come to undertake reforms in GST as the indirect tax regime has completed 8 years.
Digipin promises to revolutionise location-based services in India with safeguards.
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