ECONOMY & NATION


Prachi Salve (IndiaSpend) 26 December 2025
By the end of last year, 16 major Indian datasets were delayed across sectors such as health, education, economy, environment, and demography as IndiaSpend reported in 2024. Ten of these have since been released.   The datasets that were released this year include: 1. Consumer Expenditure...

Read More



Prachi Salve (IndiaSpend) 26 December 2025
By the end of last year, 16 major Indian datasets were delayed across sectors such as health, education, economy, environment, and demography as IndiaSpend reported in 2024. Ten of these have since been released.   The datasets that were released this year include: 1. Consumer Expenditure...

Read More



Moneylife Digital Team 26 December 2025
In a sweeping move aimed at long-term ecological conservation, the Union ministry of environment, forest and climate change (MoEF&CC) has directed all concerned States to impose a complete ban on the grant of any new mining leases across the entire Aravalli Range, stretching from the National...

Read More



Prashant Jha (Bar  and   Bench) 24 December 2025
The Delhi High Court on Wednesday said that an urgent meeting of the Goods and Services Tax Council (GST Council) should be convened to consider the issue of classifying air-purifiers as 'medical device' and slashing the GST levied on them from 18 to 5 percent (Kapil Madan vs Union of India &...

Read More



Neha Joshi (Bar  and   Bench) 24 December 2025
The Bombay High Court on Wednesday stayed all coercive action by Bank of Baroda, IDBI Bank and Indian Overseas Bank against Anil Ambani, and founded on an October 2020 forensic audit report into Reliance Communications and group entities (Anil Ambani v. Indian Overseas Bank & Ors.).   Justice...

Read More



Neha Joshi (Bar  and   Bench) 24 December 2025
The Bombay High Court on Wednesday stayed all coercive action by Bank of Baroda, IDBI Bank and Indian Overseas Bank against Anil Ambani, and founded on an October 2020 forensic audit report into Reliance Communications and group entities (Anil Ambani v. Indian Overseas Bank & Ors.).   Justice...

Read More



Moneylife Digital Team 24 December 2025
Central bureau of investigation (CBI) has arrested a superintendent of central goods and services tax (CGST), audit-I in Mumbai, while allegedly accepting a bribe of ₹5 lakh from a private company.   According to a CBI release, the arrest was made on 22 December 2025, after the agency laid a...

Read More



Jitender Kumar Jain 24 December 2025
In line with the United Nations Commission on International Trade Law - Legislative Guide on Insolvency Law, India enacted the Insolvency and Bankruptcy Code, 2016 (IBC) as a comprehensive and time-bound framework for resolving insolvency in India. IBC sought to balance creditor interests and...

Read More



Moneylife Digital Team 23 December 2025
The Pune office of the employees’ provident fund organisation (EPFO) has held Tech Mahindra Ltd guilty of large-scale provident fund defaults and directed the company to remit ₹1,287.44 crore towards unpaid PF contributions and interest for the period between May 2014 and March 2016. EPFO has...

Read More



Moneylife Digital Team 23 December 2025
Senior Congress leader Jairam Ramesh on Tuesday stepped up his attack on the Union government’s position on mining in the Aravalli range, saying recent clarifications by environment minister Bhupendra Yadav raise 'even more questions and doubts' about the Centre’s intentions.   Mr Ramesh’s...

Read More



Moneylife Digital Team 23 December 2025
Tata Motors Finance Ltd paid ₹32 lakh to settle enforcement proceedings related to the issuance and listing of non-convertible debentures (NCDs) with market regulator Securities and Exchange Board of India (SEBI). The settlement resolves possible violations related to the issuance and listing...

Read More



Neha Joshi (Bar  and   Bench) 23 December 2025
The Bombay High Court today expressed concerns over rising air pollution and unsafe conditions at construction sites in Mumbai, warning that the city could face an air quality crisis like Delhi if authorities fail to act decisively (High Court of Judicature at Bombay on its own motion).   A...

Read More



Moneylife Digital Team 23 December 2025
This article is the third in a multi-part series examining the condition of the Mumbai–Goa National Highway (NH-66), based on field documentation and Right to Information (RTI) data gathered by engineer and activist Chaitanya Patil, along with representations submitted to authorities.   After...

Read More



Prashant Jha (Bar  and   Bench) 23 December 2025
A Delhi court on Tuesday charged Congress Member of Parliament Karti Chidambaram with the offences of criminal conspiracy and bribing a public servant in the alleged Chinese Visa scam case.    Special Judge (PC Act) Dig Vinay Singh of the Rouse Avenue Court framed charges against Chidambaram...

Read More



Moneylife Digital Team 23 December 2025
Cold wave conditions intensified across large parts of north and eastern India, with dense fog and plunging temperatures disrupting air, rail and road transport in several states. Poor visibility led to the cancellation of around 14 flights at Indira Gandhi International Airport, while more...

Read More



Moneylife Digital Team 22 December 2025
After disclosing a ₹20 crore fraud at its subsidiary, involving embezzlement and siphoning of funds over the past two years by a senior executive, Kajaria Ceramics Ltd says the loss from the fraud will have a financial impact on the company. In an investor call on Monday, the company indicated...

Read More



Moneylife Digital Team 22 December 2025
The Kolkata zonal office of the directorate of enforcement (ED) has provisionally attached immovable properties worth ₹110 crore belonging to the Prayag group of companies and its directors in connection with a money laundering case linked to large-scale illegal deposit mobilisation from...

Read More



Moneylife Digital Team 22 December 2025
The Mumbai bench of the income tax appellate tribunal (ITAT) has allowed a cooperative housing society (CHS)’ claim for deduction on interest income earned from fixed deposits (FDs) placed with a cooperative bank, reiterating that such income qualifies for relief under Section 80P(2)(d) of the...

Read More



Moneylife Digital Team 22 December 2025
Reserve Bank of India (RBI) has imposed a penalty of ₹61.95 lakh on Kotak Mahindra Bank Ltd for non-compliance with RBI directions. These relate to access to banking services, including basic savings bank deposit (BSBD) accounts, the scope of activities of business correspondents (BCs) and...

Read More



Moneylife Digital Team 19 December 2025
The directorate of enforcement (ED) has facilitated the restitution of ₹311.67 crore towards long-pending workmen dues of the defunct Kingfisher Airlines Ltd, marking a significant step in the restoration of proceeds of crime to affected stakeholders under the Prevention of Money Laundering Act...

Read More

Free Helpline
Legal Credit
Feedback