ECONOMY & NATION


Prashant Jha (Bar  and   Bench) 09 March 2026
The Delhi High Court on Monday stayed the adverse observations made by the trial court against the Central Bureau of Investigation (CBI) and its investigating officer in its verdict discharging all 23 accused including Aam Aadmi Party (AAP) leaders Arvind Kejriwal and Manish Sisodia in...

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Moneylife Digital Team 09 March 2026
Reserve Bank of India (RBI) has imposed a penalty of ₹3.10 lakh on Telangana-based Maanaveeya Development & Finance Pvt Ltd, a non-banking financial company (NBFC), for non-compliance with certain RBI directions related to governance.   According to RBI, the irregularities were detected...

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Moneylife Digital Team 07 March 2026
The income tax appellate tribunal (ITAT) has set aside a reassessment order passed against former Indian Premier League (IPL) commissioner Lalit Kumar Modi pertaining to his taxable income for FY10-11, ruling that the reassessment proceedings were fundamentally flawed on jurisdictional...

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Moneylife Digital Team 06 March 2026
In a significant move to protect ordinary bank customers from the growing menace of digital payment fraud, Reserve Bank of India (RBI) has proposed a structured compensation mechanism under which individual victims of small-value electronic banking fraud could recover up to 85% of their loss,...

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Moneylife Digital Team 06 March 2026
The directorate of enforcement (ED) has conducted search operations at eight locations in Mumbai and Chennai in connection with a probe into a cartel allegedly luring investors with fraudulent offers to sell unlisted shares of the National Stock Exchange (NSE).   The searches were carried out...

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Moneylife Digital Team 06 March 2026
The closure of the Strait of Hormuz (SoH) following escalating US-Israel-Iran tensions has delivered a supply shock of structural proportions to India's energy sector, exposing the fragility of a system still heavily anchored to a single chokepoint. Brent crude has surged nearly 16% in calendar...

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Moneylife Digital Team 06 March 2026
India's electronics exports worth US$4.5bn (billion) face disruption as conflict in Iran threatens shipping lanes through the Persian Gulf. The United Arab Emirates (UAE), the second-largest buyer of Indian electronics, received US$4.1bn worth of exports in 9MFY25-26. The UAE is also the...

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Moneylife Digital Team 06 March 2026
There is a story that General Pramod Saighal, HK Dua's brother-in-law, loves to tell. A young Dua, still a reporter finding his feet in Lutyens' Delhi, once gave a lift on his scooter to an obscure opposition member of Parliament (MP) named Atal Bihari Vajpayee. Mr Dua apparently wrote about it...

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Moneylife Digital Team 06 March 2026
Reserve Bank of India (RBI) has imposed a penalty of ₹10,000 on Maharashtra-based Samruddhi Sahakari Bank Ltd, located in Nashik, for failing to comply with RBI directions regarding the submission of credit information by credit institutions.   The penalty follows a statutory inspection of...

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Moneylife Digital Team 06 March 2026
Reserve Bank of India (RBI) has revived its earlier order cancelling the banking licence of Shimsha Sahakara Bank Niyamitha, a cooperative bank based in Maddur in Karnataka’s Mandya district, after the related writ petition challenging the decision was withdrawn before the Karnataka High Court....

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Moneylife Digital Team 06 March 2026
The directorate of Enforcement (ED) has arrested two chartered accountants (CAs) in connection with a large cyber-enabled fraud and money laundering operation involving illicit funds of about ₹641 crore routed through mule accounts, shell entities and overseas financial platforms. Both the CAs...

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Moneylife Digital Team 05 March 2026
Petronet LNG Ltd, India's foremost importer of liquefied natural gas (LNG), has officially declared force majeure to its long-term supplier QatarEnergy as well as to principal domestic buyers including GAIL (India) Ltd, Indian Oil Corporation (IOC), and Bharat Petroleum. This declaration...

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Moneylife Digital Team 05 March 2026
Zuari Agro Chemicals Ltd and four of its senior officials have settled adjudication proceedings with the market regulator Securities and Exchange Board of India (SEBI) by paying about ₹2.91 crore as settlement amount, in a case involving alleged financial misstatements, improper accounting...

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Moneylife Digital Team 05 March 2026
The escalating conflict in West Asia has set off a chain of economic disruptions that threatens to ripple across at least nine major Indian sectors, rating agency CRISIL has warned in a credit alert, cautioning that sectors directly exposed to the Middle East through trade, liquefied natural...

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SN Thyagarajan (Bar  and   Bench) 05 March 2026
The Chennai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has set aside a service tax demand of over ₹56 lakh raised against actor Rajinikanth for leasing a property to a hotel operator (R Rajinikanth Vs Commissioner GST & Central Excise).   A Bench of Member...

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Moneylife Digital Team 05 March 2026
A trade court in the US has directed federal authorities to begin refunding tariffs collected under president Donald Trump’s global import duties that were invalidated by the Supreme Court last month, marking a significant development in a legal battle involving billions of dollars.   Judge...

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Moneylife Digital Team 05 March 2026
The global liquefied natural gas (LNG) crisis deepened significantly on 4 March 2026 as QatarEnergy, the world's single largest exporter of LNG, declared force majeure on deliveries to affected buyers, formally suspending its supply obligations after Iranian attacks crippled production at its...

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Moneylife Digital Team 05 March 2026
The global liquefied natural gas (LNG) crisis deepened significantly on 4 March 2026 as QatarEnergy, the world's single largest exporter of LNG, declared force majeure on deliveries to affected buyers, formally suspending its supply obligations after Iranian attacks crippled production at its...

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Moneylife Digital Team 04 March 2026
A proposal to delete the reservation for electricity transmission and distribution facilities, along with BEST bus infrastructure, at a site in Mumbai’s Malabar Hill division has drawn objections during a public hearing held by the BrihanMumbai Municipal Corporation (BMC). During the hearing,...

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Moneylife Digital Team 04 March 2026
Markets regulator Securities and Exchange Board of India (SEBI) has imposed a total penalty of ₹38 lakh on Coffee Day Enterprises Ltd (CDEL) and several of its present and former directors and key officials for serious lapses in financial reporting, including the prolonged non-recognition of...

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