Indian crypto exchanges and companies have expressed strong support for the Central Board of Direct Taxes' (CBDT) new Crypto Asset Reporting Framework (CARF), which mandates reporting and due-diligence obligations for crypto service providers on all transactions starting 2026.
The Central Board of Direct Taxes (CBDT) has released a 198-page guidance note to assist crypto-asset service providers in complying with reporting obligations under the Income-tax Act, 2025, aligning India with the OECD's Crypto-Asset Reporting Framework (Carf) for automatic exchange of tax information.
A new report highlights that publishers need to adopt clear records, AI-specific provisions, and transparent disclosure of AI use to manage legal and commercial risks as the copyright framework around artificial intelligence evolves. Jointly developed by SS Rana & Co and Ficci, the 'Copyright In The AI Age' report emphasises practical governance measures while courts and regulators work on legal principles. It also addresses concerns about authorship, creators' rights, and research integrity amidst increasing AI integration in publishing.
Recognising the growing use of AI/ML models by regulated entities across business and decision-making processes, the RBI said weaknesses in governance, oversight, risk management, and controls could expose institutions to financial, operational, compliance, and reputational risks.
The ministry of external affairs on Friday dismissed as 'fake news' reports alleging that India had requested Israel to sign a defence pact in response to the newly formed Pakistan-Saudi Arabia-Turkey security framework.
A joint parliamentary committee tasked with examining the 'One Nation One Election' bill has been granted an extension until the end of the Winter session to submit its report. The 41-member committee is reviewing the Constitution (One Hundred and Twenty-Ninth Amendment) Bill, 2024, and is conducting nationwide consultations on implementing simultaneous elections for Lok Sabha, state assemblies, and local bodies by 2029.
The US push for clearer crypto rules is putting pressure on India to fill its own regulatory gap for virtual digital assets.
The dramatic postponement came while members were voting on the committee's five principal recommendations, making it an unprecedented moment in the functioning of a parliamentary committee.
The Indian government has defended its E20 ethanol blending programme, stating that extensive testing and field experience show no evidence of abnormal engine wear, corrosion, or reduced vehicle life, despite a potential 2-6% reduction in fuel economy.
The Centre has established a committee to draft an agreement and finalise modalities for a 'permanent political solution' to the Gorkha identity issue in the Darjeeling hills and adjoining areas, following a tripartite meeting with Union Home Minister Amit Shah, Gorkha leaders, and the West Bengal government.
India's Ministry of Electronics and Information Technology (MeitY) has sought an explanation from WhatsApp regarding its username feature, citing concerns over potential cybercrime facilitation. Concurrently, the ministry is investigating reported data leak allegations involving Tata Electronics, a key supplier for Apple's iPhone components in India. MeitY is also exploring techno-legal solutions for VPNs to address challenges posed by unregistered providers operating from outside India.
RBI Deputy Governor Rohit Jain discussed the future of India's foreign exchange markets, highlighting the increasing role of local currencies in cross-border trade, the impact of technology, and existing challenges. He emphasised the need for market evolution to facilitate India's global engagement, absorb shocks, and serve all users efficiently. Jain also addressed concerns about unauthorised forex trading platforms and the importance of customer awareness.
India has significantly improved its position as a global foreign direct investment (FDI) destination, climbing two places to 11th in 2025, with inflows surging by nearly 44 per cent to $38.89 billion, according to the United Nations Conference on Trade and Development (Unctad) World Investment Report 2026.
A data breach does not end when the headlines fade. For victims, stolen personal information can fuel fraud, identity theft and financial losses for years.
The Parliamentary Standing Committee said the proposed comprehensive statutory framework for regulating OTT content should include robust technology-enabled age-verification mechanisms, effective parental controls and suitable penalties for non-compliance.
The fiscal consolidation path and Rs 1 trillion stabilisation fund provide room to absorb mild shocks, but sustained oil-price increases pose risks.
A think tank, GTRI, has urged India to resist US pressure regarding its UPI policies, advocating for competition, policy autonomy, and a sustainable payments ecosystem. This comes as the Lok Sabha passed a bill allowing charges on UPI, and the US has criticised India's digital payment systems, raising concerns about the future of India's digital payment landscape.
Nearly one in two children still leave the school system before completing higher secondary education.
Phishing sites mimicked SBI, ICICI Bank and Axis Bank to steal card details and OTPs.
Analysts predict that crude oil prices, geopolitical tensions in West Asia, and upcoming inflation data will be the primary drivers of the Indian stock market this week, alongside foreign investor activity and domestic quarterly earnings.
Bank fraud is no longer just an external cyber threat -- insiders with legitimate access can exploit banking systems, trusted credentials and institutional blind spots to quietly siphon money.
IT Secretary S Krishnan advocates for India to pursue "strategic autonomy" in the AI ecosystem by building domestic capabilities and diversifying global supply chains. He emphasized avoiding overdependence on single sources while integrating into trusted global networks, and also highlighted the need to consider an AI law and regulatory framework.
The Insurance Regulatory and Development Authority of India's (Irdai) recent actions against insurers for breaching expense of management (EoM) limits indicate a serious commitment to enforcing operating and distribution cost controls, according to industry experts.
The global players' union, FIFPRO, has strongly criticised FIFA President Gianni Infantino, accusing him of 'profound abuse of presidential power' following the secretive development and subsequent shelving of the 'FIFA Forward Enterprise' plan, which aimed to privatise the FIFA World Cup.
Russia on Monday assured India of uninterrupted supply of energy and fertilisers amid disruption caused by the West Asia crisis, as External Affairs Minister S Jaishankar met President Vladimir Putin in Moscow and held talks with his key interlocutors.
The RBI once again said the Tata group holding company's application for deregistration as an NBFC remains under examination.
Maharashtra Food and Drug Administration Commissioner Tukaram Mundhe has urged consumers to avoid buying loose or unsealed edible oil due to safety concerns, announcing a compliance order for the entire edible oil sector after detecting widespread violations, including adulteration and improper packaging.
The Delhi High Court has highlighted the need for a regulatory framework for the media, stating that freedom of the press cannot be a shield for irresponsible journalism or content that endangers public order. Justice Girish Kathpalia expressed concern over the unregulated nature of a significant section of the media, especially with the rise of social media, and stressed the importance of restraint, fairness, and responsibility. The court also criticised "self-styled reporters" for aggressive tactics and selective reporting that can deepen social divisions, while granting bail to two men accused of assaulting freelancers.
Enforcement agencies have highlighted risks related to money laundering and terror financing, prompting closer scrutiny of crypto platforms operating in India.
India's largest retirement fund manager, the Employees' Provident Fund Organisation (EPFO), is enhancing its investment governance and fund management practices, following the Reserve Bank of India's recommendations.
The Reserve Bank of India (RBI) has issued amended directions for bank boards, effective October 1, 2026, to rationalise agenda items and enable more focused engagement on strategy and risk governance, while explicitly defining matters reserved for board approval and periodically reviewing delegated powers.
The Airports Authority of India has received a request for a waiver from contractual restrictions that prevent airport concessionaires and their group entities from holding equity in scheduled airlines, Minister of State for Civil Aviation Murlidhar Mohol confirmed in the Rajya Sabha. This comes amid reports of the Adani group's interest in the airline business, despite their denial.
State-owned Coal India Ltd (CIL) and ArcelorMittal Nippon Steel India (AMNS) have signed an MoU to explore setting up a coal gasification plant near AMNS's Paradip pellet plant in Odisha. This initiative aims to produce synthesis gas for cleaner steel production, reduce reliance on imported fuels, and align with India's goal of gasifying 100 million tonnes of coal by 2030, supported by a Rs 37,500-crore government incentive scheme.
A sophisticated cross-bank syndicate is systematically defrauding non-resident Indians (NRIs) and elderly citizens by exploiting their fixed deposits through forged documents and fictitious loans, often involving colluding bank employees and real estate deals.
The Supreme Court has directed the Reserve Bank of India to prepare a standard operating procedure (SOP) within four weeks to deal with bank accounts linked to cyber frauds, including mule accounts. This directive is part of a broader effort to strengthen responses to cyber-enabled financial frauds, with the court also urging states and UTs to adopt and operationalise grievance redressal and money restoration modules.
For millions of Indians, this number has become one of the most important financial indicators. It can influence not only whether a bank approves a loan but also the interest rate you pay, the credit limit you receive and, in some cases, how quickly your application is processed.
AICC general secretary KC Venugopal has urged Congress leaders to exercise caution and avoid making statements that could 'please the BJP', in response to remarks attributed to Shashi Tharoor regarding Rahul Gandhi's student outreach programme.
The Supreme Court has sought responses from the Centre and several states on a plea demanding a comprehensive national Standard Operating Procedure (SOP) for the safe and orderly conduct of the annual Kanwar Yatra, including inter-state coordination and effective traffic management.
The Indian Parliament is scheduled for a significant legislative day, with the Lok Sabha set to consider and pass the Public Examinations (Prevention of Unfair Means) Amendment Bill, 2026. Concurrently, the Rajya Sabha will introduce the Micro, Small and Medium Enterprises Development (Amendment) Bill, 2026, and pass the Prevention of Insults to National Honour (Amendment) Bill, 2026, highlighting a busy agenda for both houses.
'Having analysed the break up of the hospital billing structure the committee believes that rationalising of room charges needs to be done on an emergent basis.'
