INDIA IT RULES
Ground has shifted under Modi govt's feet, regime not here to stay: Sonia Gandhi
Sonia Gandhi reflects on her life and conveys her belief in the youth's desire for justice and fairness. She critiques the Modi government's insecurities and asserts that it is not here to stay. The memoir discusses the resilience of democracy in India amidst rising authoritarianism. Gandhi notes the importance of the opposition’s INDIA alliance in challenging the BJP’s dominance.
India blocks battery waste exports to recover more lithium, nickel and cobalt at home
India has enforced a ban on exporting lithium-ion battery black mass to promote local recycling initiatives. The prohibition aims to ensure that valuable materials from battery waste remain accessible for domestic refiners. This regulation will help reduce reliance on imported materials essential for battery manufacturing. Furthermore, the decision addresses the capacity issues faced by local recycling facilities in processing battery waste.
Ramayana submitted for Oscars 2027: Ranbir Kapoor, Yash's film enters Academy race despite India's official entry. Here's how
Nitesh Tiwari’s Ramayana: Part 1, starring Ranbir Kapoor, Yash and Sai Pallavi, has reportedly been submitted for consideration at the 2027 Oscars. The film can independently enter the Academy race despite Gondhal being India's official entry. It must meet the Academy's eligibility rules, including theatrical screening requirements. The film also features Sunny Deol and Ravie Dubey.
US H-1B grace period proposal draws 31,383 comments as job-loss concerns grow
A Trump administration proposal to eliminate the 60-day grace period that allows laid-off H-1B visa holders to find new jobs in the United States has drawn more than 31,000 public comments, as the deadline for submissions approached.
India drawing up list of export snags in South Asia
India is identifying regulatory and market-access barriers in seven South Asian countries to expand exports and reach its $1-trillion target. Merchandise exports to these markets fell 1.3% to $25.7 billion in FY26. The government is examining certification delays, tariffs and product standards while exploring opportunities in chemicals, pharmaceuticals and textiles.
"Fabricated, malicious attacks": India rejects US court order involving officials in Sikh separatist Pannun case
India's Ministry of External Affairs has rejected a lawsuit against its officials filed by Sikh separatist Gurpatwant Singh Pannun. The US court allowed Pannun to pursue service of summons on Indian officials through local courts. Pannun's claims involve alleged assassination plots that remain unproven in civil proceedings. Indian officials firmly deny involvement in these allegations and emphasize legal document protocols.
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One killed as violence flares in Bangladesh amid tensions over ex-PM Hasina's planned return
Violent incidents occurred across Bangladesh, resulting in one death and multiple vehicles set ablaze overnight. Police reported that activists of the banned Awami League and its affiliates initiated crude bomb explosions at various locations. Tensions have risen after news surfaced about Sheikh Hasina's possible return to Bangladesh next month from India. Hasina, living in exile since August 2024, faces serious legal charges upon her potential return.
Why are we becoming 'vishwaguru' in air pollution: Kharge targets Modi govt
Congress president Mallikarjun Kharge has accused the BJP government of failing to tackle Delhi's worsening air pollution, questioning Prime Minister Narendra Modi over unspent environmental funds and missing PM2.5 readings at monitoring stations. He demanded accountability, citing pollution-linked deaths, poor utilisation of clean-air funds and recurring government assurances.
Sonia Gandhi says Penguin was 'uneasy' with criticism of govt
Sonia Gandhi expressed disappointment over Penguin Random House India's refusal to publish her memoir due to government criticism. Although inclined to publish, the publisher reportedly faced internal disagreements regarding the manuscript's content. Subsequent concerns were raised regarding potential government pressure affecting the book's publication. HarperCollins India has now confirmed publication of her memoir, 'Belonging: A Journey of Love,' on November 10.
Sonia Gandhi reveals her rare exchanges with Modi, and what sets them apart
Sonia Gandhi reveals she has limited personal contact with Prime Minister Narendra Modi during official gatherings. She notes that their interactions are often formal, marked by a lack of eye contact. Gandhi reflects on their contrasting visions for India, focusing on inclusiveness and social justice against RSS-inspired ideology.
RBI said to query bank valuations of some bond derivative trades
India's central bank has informed some lenders about the need to adjust bond forward accounting practices. This change could impact billions of dollars in assets across the banking sector. The Reserve Bank of India suggested using Level 3 inputs for valuing bond-forward trades during recent audits. Banks have been in discussions with industry associations and clearinghouses for potential solutions and better pricing information.
Grey zone in Indian payment laws: Crypto goes shopping in rupee using QR-linked loophole
Unified payments interface is now being used for buying cryptocurrencies through applications like goat.cash. Consumers can conveniently convert their cryptocurrencies, such as USD Coins, to pay vendors for goods. This involves scanning QR codes and entering necessary details, which facilitates quick transactions. Intermediaries help complete the process by converting USDC to rupees for vendors. Additionally, stable coins often trade at a premium within the Indian market.
India risks losing tax revenue by delaying global minimum tax rollout
India’s delay in implementing the OECD-G20 global minimum tax framework, known as Pillar Two, could mean losing tax revenue to other countries, according to the article. It cites Apple’s FY2026 tax disclosure to show how Singapore’s 15% minimum tax has helped it collect additional revenue while retaining investment incentives.
Former Rajasthan CM Ashok Gehlot accuses BJP of electoral manipulation ahead of 2029 elections
Ashok Gehlot accused the BJP of manipulating delimitation and electoral roll revisions to undermine opposition strength. He raised concerns over the merging and dividing of wards aimed at increasing BJP representation. Gehlot suggested that if the BJP remains in power, it could lead to meaningless elections in India. He criticised the BJP for conducting rallies against protests organised by opposition parties.
Jindal, Italy's Arvedi bid for former Ilva steelworks
Jindal and Italy's Arvedi Group have submitted binding bids for the troubled Ilva steelworks. The site is currently overseen by government-appointed commissioners due to long-standing financial issues. Prime Minister Giorgia Meloni's government aims to secure the site's steel production and protect jobs. Complications have arisen after a court ruling mandated the shutdown of blast furnaces due to health concerns.
Health insurance claims: How the moratorium clause protects you after five years
Cutting through money jargon, one topic at a time. This week, Preeti Kulkarni explains how the moratorium clause in health insurance protects policyholders against arbitrary claim rejections. The moratorium period is calculated based on the number of years of continuous coverage. So, if you port your policy to another insurer, the moratorium clock does not get reset -- you do not lose the benefit of the period already served.
Indian parents getting US residency? 6 financial implications to consider before applying
Investments in bank accounts, mutual funds, shares and other assets will have to be reviewed and modified. It is illegal under India’s FEMA to hold resident bank and demat accounts after moving abroad on a permanent resident status. All such accounts must be converted to non-resident, and FATCA forms disclosing the residential status abroad should be filled up.
Sheikh Hasina seeks new passport in clearest sign of Bangladesh return
The request marks the clearest step by Hasina to act on her plan to return to Bangladesh in December, more than two years after a deadly uprising ended her long rule, raising the prospect of fresh political and legal tensions in a country where her party is now banned.
Under attack, banks bolster cyber covers, opt for higher sum assured to protect against hits
For large financial institutions, the biggest impact often is the loss arising from systems remaining unavailable after an attack, rather than the immediate cost of the breach. Besides business interruption, ransomware, data theft, cyber extortion and third-party liabilities are among the key risks.
Chinese companies providing overseas services to Indian subsidiaries may escape tax: ITAT
In a landmark decision, the Delhi Income Tax Appellate Tribunal has determined that Chinese firms offering services from overseas are not liable for Indian taxes. This ruling contrasts with a Mumbai bench decision made in 2010 regarding taxation policies on foreign services. The tribunal's finding is advantageous for Chinese companies supplying centralized services to Indian entities during the digital age.
Diwali 2026: Mumbai nutritionist shares 3 simple tips to avoid overeating without giving up your favourite foods
As celebrations abound during the festive season, many find themselves prone to excessive indulgence in sugary delights and savory dishes. Mumbai nutritionist Vanshika Khurana provides 3 essential tips to help manage overeating. Start by eating a small protein-rich snack before events to stave off hunger. Then, savor one portion of your favorite meals to appreciate their flavors while avoiding overindulgence.
India to launch new cheque book rules from January 1, 2027? RBI clarifies
RBI has clarified that there will be no changes to the standard CTS cheque books in 2027. Social media messages claimed new cheque books with security features would be introduced from January 1. The central bank has emphasized these claims are misleading and factually incorrect. RBI urges the public to rely only on information published by the bank.
BCI withdraws age limit for 3-year, 5-year law courses; Supreme Court disposes of plea against age restriction
Taking note of the BCI's decision, a bench comprising Chief Justice of India Surya Kant and Justices Joymalya Bagchi and V Mohana disposed of the plea filed against the age restriction. In March 2017, the top court had stayed the decision of the Bar Council of India (BCI) prescribing an upper age limit of 22 years for the five-year LLB course and 45 years for the three-year course.
Lithuania changes residence permit rules, creating fresh hurdles for Indian workers and students
In a move to tighten immigration control, Lithuania has established new residence permit rules that pose challenges for foreign nationals, especially from India. This shift affects Indian workers and students looking for work or study opportunities within the country. Particular visa types will now encounter more scrutiny, necessitating that employers assess the eligibility of candidates accurately.
Maruti Suzuki to set up 12 automated driving licence test tracks in Telangana
Maruti Suzuki has signed a memorandum of agreement with the Telangana transport department for test tracks. The company will set up twelve automated driving licence test tracks across six locations in the state. Each track will feature advanced technology including high-definition cameras and RFID sensors for comprehensive testing. This initiative is part of Maruti Suzuki's corporate social responsibility efforts aimed at improving road safety.
Bringing gold jewellery, bars, coins from Dubai to India? Know how much a passenger can bring duty-free
A passenger who has been abroad for at least 6 months can bring up to 1 kg of gold, including bars, coins and ornaments, by paying a concessional duty in foreign currency. Ornaments studded with stones or pearls don't qualify for that concession. Know customs rules for different passengers for bringing gold from Dubai to India.
Centre proposes 10 new entry points for drug imports into India, Noida airport included
The Centre has proposed expanding India's authorised import network for pharmaceuticals and medical devices by adding ten new locations. These include Noida International Airport and several inland container depots across industrial hubs in India. This expansion aims to simplify the import process and reduce transportation costs for companies. The health ministry has invited public feedback on the draft amendment to Drugs Rules, 1945.
With most drug candidates failing in humans, India’s draft rules bet on the wrong science in animal lab testing
Recent draft rules in India threaten advancements in non-animal testing for drug development and safety. The new regulations may prioritize animal testing over innovative human-based methods, despite their proven reliability. Efforts to incorporate non-animal methodologies into national standards have gained support from various government initiatives. Significant funding has been allocated to promote alternative testing methods throughout the country.
India leads on non-animal testing and its draft lab animal rules threaten to undo that
India's draft Prevention of Cruelty to Animals Rules 2026 proposes significant changes to animal research regulations and oversight. It allows for harsher experimental practices that could cause severe suffering to animals. Local committees would gain power to approve experiments without thorough central review, raising concerns about ethical standards. This shift contradicts the existing legal framework established by the Prevention of Cruelty to Animals Act 1960.
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