DAILY NEWS: OUR PICKS


Moneylife Digital Team 30 July 2026
Rejecting concerns over the compatibility of E20 petrol with existing vehicles, the Union government said extensive scientific studies have found no significant impact on vehicle performance or durability. Union minister for road transport and highways Nitin Gadkari said only some Bharat Stage...

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Moneylife Digital Team 29 July 2026
Banks across the country collected at least ₹27,973.01 crore as penalties for non-maintenance of minimum average balance (MAB) in accounts during the past five years. Public sector banks (PSBs) account for ₹12,033.39 crore over five financial years, while private sector banks collected...

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Moneylife Digital Team 29 July 2026
Market regulator Securities and Exchange Board of India (SEBI) has cancelled the certificates of registration (CoR) of 10 research analysts (RAs) after they failed to pay the mandatory renewal fees required to keep their registrations valid under the SEBI (Research Analysts) Regulations,...

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Moneylife Digital Team 29 July 2026
The Food Corporation of India (FCI) supplied 6.35mn (million) tonnes of rice worth ₹14,596.78 crore to ethanol distilleries between June 2025 and June 2026, selling the grain at ₹2,250-₹2,320/quintal—around 40% below its average acquisition cost of ₹3,719.72-₹3,889.46/quintal, the Union...

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Moneylife Digital Team 29 July 2026
Russia has charged Telegram founder Pavel Durov with facilitating terrorist activities, accusing the messaging platform of failing to remove content allegedly used by Ukrainian special services and terrorist and extremist organisations to coordinate sabotage, terrorism, mass killings and...

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Debayan Roy (Bar  and   Bench) 29 July 2026
The Supreme Court on Wednesday accepted the decision of the Central Bureau of Investigation (CBI) to close the case against former Prime Minister (PM) late Manmohan Singh in relation to the coal scam matter.   A Bench of Chief Justice of India (CJI) Surya Kant, Justice Joymalya Bagchi and...

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Debayan Roy (Bar  and   Bench) 29 July 2026
The Supreme Court on Wednesday quashed the Central government's 2021 office memorandum (OM), which created a protocol for the grant of retrospective environmental clearances (EC) to projects that had commenced without obtaining prior EC (Vanashakti v. Union of India).   A Bench of Chief...

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Moneylife Digital Team 29 July 2026
Holding that ambiguity in an insurance policy cannot be used to deny legitimate claims, the national consumer disputes redressal commission (NCDRC) has directed Liberty Videocon General Insurance Company Ltd to pay the full ₹5 lakh personal accident insurance amount to the widow of a deceased...

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Moneylife Digital Team 29 July 2026
Union minister of state for agriculture and farmers' welfare Bhagirath Choudhary has refunded the ₹99 lakh subsidy he received under a national horticulture board (NHB) scheme, with the Union government informing the Lok Sabha that the concerned bank has been directed to return the subsidy...

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Moneylife Digital Team 29 July 2026
Proposed tariffs on imported generic pharmaceuticals by US are unlikely to have any immediate negative credit impact on Indian pharmaceuticals companies, although they could accelerate consolidation across the industry by putting smaller manufacturers under pressure, according to India Ratings...

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Debayan Roy (Bar  and   Bench) 28 July 2026
The Supreme Court on Tuesday suggested that the Union government formally define digital arrest in criminal laws and declare it a standalone offence with harsher punishments.   A Bench of Chief Justice of India (CJI) Surya Kant, Justice Joymalya Bagchi and Justice V Mohana was hearing a suo...

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Moneylife Digital Team 28 July 2026
The Delhi High Court has ordered the winding up of Paytm Payments Bank Ltd (PPBL), marking the formal commencement of liquidation proceedings nearly three months after Reserve Bank of India (RBI) cancelled the Bank's licence over persistent regulatory violations and governance concerns.   In...

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Moneylife Digital Team 28 July 2026
India's industrial output accelerated to 7.3% in June 2026 from 5.1% in May, driven by stronger manufacturing activity and robust growth in the electricity and gas supply sector, according to data released by the national statistics office (NSO) on Tuesday.   The latest figures mark the third...

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Moneylife Digital Team 28 July 2026
Market regulator Securities and Exchange Board of India (SEBI) has cancelled the certificate of registration (CoR) of Firstcapital Alternate Investment Trust after finding that the alternative investment fund (AIF) repeatedly failed to file its mandatory quarterly activity reports (QARs) for...

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Moneylife Digital Team 28 July 2026
The Union government has proposed tightening the process for delayed registration of births and deaths by requiring approval from a first-class judicial magistrate for registrations made more than two years after the event, according to the Registration of Births and Deaths (Amendment) Bill,...

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Debayan Roy (Bar  and   Bench) 28 July 2026
The Supreme Court on Tuesday directed that no coercive action be taken against protestors involved in the recent student protests led by the Cockroach Janata Party (CJP) in Delhi's Jantar Mantar and various other States.   A Bench of Chief Justice of India (CJI) Surya Kant and Justices...

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Moneylife Digital Team 28 July 2026
Reserve Bank of India (RBI) has imposed a penalty of ₹18.60 lakh on four cooperative banks for non-compliance with the directions issued by the banking regulator. The highest penalty of ₹10.10 lakh has been imposed on Raigad District Central Cooperative Bank (DCCB) Ltd from...

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Moneylife Digital Team 28 July 2026
Public sector lender Bank of Baroda (BoB) has disclosed that it is investigating a cybersecurity incident after receiving a communication from an anonymous source claiming access to certain data. The Bank said preliminary findings indicate that the incident involved a business email compromise...

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Moneylife Digital Team 28 July 2026
In a major rollback of police action against students and youth protesting the alleged National Eligibility-cum-Entrance Test (NEET) undergraduate (UG) question paper leak, the governments of Assam and Bihar have announced the withdrawal of criminal cases registered during the demonstrations...

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Moneylife Digital Team 27 July 2026
Following an internal review into its arrangements with Maharashtra State Road Development Corporation (MSRDC) for mobilising deposits in 2017 and 2021, the board of HDFC Bank Ltd has imposed a monetary penalty of ₹1 lakh each on its managing director & chief executive officer (MD&CEO)...

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