Thursday, August 6, 2026

India's #Modi govt levying tax on #UPI and #RuPay transactions under #US pressure

UPI and RuPay driving US payment platforms like Visa and MasterCard out of the Indian market : US Trade Representative's 2026 report 

The Taxation and Other Laws (Amendment) Bill, 2026, introduced by the Modi government, eliminates the statutory guarantee that had so far kept UPI transactions fee-free. It paves the way for imposing a merchant discount rate (MDR), which could easily be applied in the future to all types of digital payments. The burden of this will ultimately fall on ordinary people, who may now have to pay even for using UPI.

The Modi government's claim that this is the only way to keep UPI financially sustainabl
UPI and RuPay driving US payment platforms like Visa and MasterCard out of the Indian  market : US Trade Representative's 2026 report   The Taxation and Other Laws (Amendment) Bill, 2026, introduced by the Modi government, eliminates the statutory guarantee that had so far kept UPI transactions fee-free. It paves the way for imposing a merchant discount rate (MDR), which could easily be applied in the future to all types of digital payments. The burden of this will ultimately fall on ordinary people, who may now have to pay even for using UPI.  The Modi government's claim that this is the only way to keep UPI financially sustainable is entirely wrong. The Reserve Bank of India (RBI) has sufficient capacity to maintain the UPI system on a financially sustainable basis without imposing any additional fees on merchants or consumers. In 2025-26, the RBI had transferred a surplus of ₹2.86 lakh crore to the Modi government. Just a small portion of this amount would be enough to support this vital digital public infrastructure.  In fact, the real reason behind this amendment is perhaps even more concerning. This step has been taken following the U.S. Trade Representative's 2026 report, which criticized the fee-free nature of UPI and RuPay and accused them of driving American payment platforms like Visa and MasterCard out of the market. Is the Modi government, under pressure from its good friend Donald Trump, seeking to weaken UPI and open up the digital payments sector to American companies?  And this wouldn't be the first time. Donald Trump has publicly claimed more than 100 times that he pressured the Modi government into securing a sudden ceasefire during Operation Sindoor by threatening American tariffs. The United States has also claimed that India's gradual reduction in oil imports from Russia is a result of President Trump's directives. We also know that the Modi government, bowing to President Trump's bullying, accepted a trade agreement between India and the United States that was widely regarded as unfair and which particularly sacrificed the interests of our farmers and small businesses.

e is entirely wrong. The Reserve Bank of India (RBI) has sufficient capacity to maintain the UPI system on a financially sustainable basis without imposing any additional fees on merchants or consumers. In 2025-26, the RBI had transferred a surplus of ₹2.86 lakh crore to the Modi government. Just a small portion of this amount would be enough to support this vital digital public infrastructure.

In fact, the real reason behind this amendment is perhaps even more concerning. This step has been taken following the U.S. Trade Representative's 2026 report, which criticized the fee-free nature of UPI and RuPay and accused them of driving American payment platforms like Visa and MasterCard out of the market. Is the Modi government, under pressure from its good friend Donald Trump, seeking to weaken UPI and open up the digital payments sector to American companies?

And this wouldn't be the first time. Donald Trump has publicly claimed more than 100 times that he pressured the Modi government into securing a sudden ceasefire during Operation Sindoor by threatening American tariffs. The United States has also claimed that India's gradual reduction in oil imports from Russia is a result of President Trump's directives. We also know that the Modi government, bowing to President Trump's bullying, accepted a trade agreement between India and the United States that was widely regarded as unfair and which particularly sacrificed the interests of our farmers and small businesses.

Tuesday, July 28, 2026

Union Agriculture Minister returns Rs. 99 lakh subsidy after media expose

Union Agriculture Minister returns Rs. 99 lakh subsidy after media expose
Bhagirath Choudhary, Minister of State for Agriculture, returned ₹99 lakh he received for a commercial cucumber project on his Rajasthan property in Peeh village. The subsidy, part of a horticulture scheme under his ministry, was credited to his bank account in March 2026 following NHB approval. Choudhary, a lifelong farmer and BJP MP from Ajmer, defended following all rules and using the farm for training, while the Centre confirmed no guidelines bar public officials from such aid. The refund came a month after an Indian Express report highlighted the issue, with another BJP MP also noted as a recipient of smaller funds.


Since July 25, no death certificate being issued in #KMC area under #BJP government

Since July 25, no death certificate being issued in #KMC area under #BJP government
Death certificates have reportedly not been issued in the KMC area since July 25, leaving hundreds of bereaved families unable to complete essential legal formalities.
• Around 1,000 death certificates are estimated to be pending, while nearly 300 cremations take place daily across 6 KMC crematoriums.
Nearly 300 cremations occur daily across 6 KMC-operated crematoriums  
Families submit medical death certificates and Aadhaar but receive only a money receipt, which holds no legal validity  
Cremation certificates are also not being issued  
The disruption stems from an ongoing probe into birth and death certificate issuance processes and recent changes in signing authority  
Officials warn the backlog could become unmanageable if the suspension continues

No official timeline for resumption of certificate issuance has been provided.  
Families face hurdles in accessing insurance, pension, and property transfer benefits without valid documentation.
• Families are currently receiving only a money receipt after submitting the medical death certificate and the deceased's Aadhaar, which has no legal validity for insurance, pension, banking, inheritance, property transfer or other statutory claims.

• Cremation certificates are also not being issued, leaving families from outside Kolkata unable to apply for death certificates in their home civic bodies.

• The disruption is reportedly linked to an ongoing probe into birth and death certificate issuance and changes in the authority to sign death certificates, with pressure mounting to restore the earlier system.

• Officials have warned that the backlog could become difficult to manage if the suspension continues.

Friday, July 24, 2026

Future 'air taxis' showcased in Wuhan #China

Future 'air taxis' showcased in Wuhan China

The E-HAWK is a hybrid-electric eVTOL developed by Electric Eagle Technology Group, positioned as a “flying car–type” platform aimed at low-altitude logistics and rescue missions. It has recently cleared a key hybrid-power verification flight in Wuhan’s Optics Valley low-altitude pilot zone and has already logged more than 100 test flights, showing stable and repeatable flight behaviour.

From a configuration standpoint, E-HAWK is relatively compact (5.6 m long, 3.9 m wide, 1.8 m high) but heavy-duty for its class. Maximum takeoff weight is 1.2 tonnes, with a payload capacity of 450 kg. Endurance exceeds 20 minutes, which the developers explicitly frame as a limitation-breaker compared with battery-only eVTOLs.

The core technical differentiator is its hybrid power architecture. Instead of using the turbine for direct thrust, E-HAWK employs a micro-turbine coupled to a high-speed permanent-magnet generator. This turbine-generator set produces electrical power for the lift motors and onboard systems, effectively acting as a high-power-density range extender. The design targets better endurance and payload performance while retaining electric propulsion characteristics at the rotors.

The aircraft uses a fully enclosed, eight-channel electric propulsion system. This enclosed layout improves safety and allows “parking-space-level” vertical takeoff and landing, reducing dependence on dedicated vertiports.
Significant engineering effort went into the hybrid system itself. Over roughly two years, the team tackled high-speed rotor modal stability, stator-rotor thermal management, and lubrication reliability for turbine-side bearings operating at extreme RPM. A notable outcome is coordinated control of the turbine-generator and multiple generators operating in parallel, forming a self-organizing onboard power network that simplifies flight-control integration and supports adaptation to different airframes.

The latest test flights focused on validating power stability, transient response, and thermal behaviour in real flight rather than expanding the full flight envelope. While no hard numbers for speed or range were released, the tests confirmed steady turbine-generator operation and reliable power delivery to the rotors, meeting current demonstration goals.

Next development steps include lowering specific fuel consumption, improving cooling efficiency, and pushing the design toward production readiness. Initial applications are planned for cargo and emergency missions around 2026, with crewed operations targeted for 2027

Sunday, July 12, 2026

#Thailand planning 15-day visa-free travel for Indian tourists

The Thailand Pavilion at TTF Kolkata 2026, showcasing traditional Thai culture through umbrella painting by Thai artists.
The event is supported by the Tourism Authority of Thailand and the Royal Thai Consulate-General, Kolkata.
"We plan a 15-day visa-free policy for Indian tourists, but we need approval from the cabinet. The proposal has already been floated. It is not effective yet. It is still pending. We expect a new policy for India, particularly for Indian tourists. You can stay 15 days without a visa. For longer stays, you can apply for a visa very easily, " said Royal Thai Consulate-General, Kolkata.

Monday, July 6, 2026

#Indonesia plans to buy additional #BrahMos from India

Ahead of PM Modi's visit to Indonesia, reports suggest Jakarta is looking to expand its planned procurement of BrahMos
This comes weeks after Defence Secretary Rajesh Kumar Singh said India's BrahMos export deal with Vietnam had already been signed, with Indonesia next in line
If finalised, the deal would further strengthen India's position as a reliable exporter of advanced defence systems.
The sale of additional BrahMos supersonic missile systems is expected to come up during Modi's three-day visit to the country.
India ⁠has already signed ⁠a deal with Vietnam under which it will supply BrahMos missiles which it has jointly ‌developed with Russia and is in “final stages” for a similar deal with Indonesia, India’s Defence Secretary Rajesh Kumar Singh said on ⁠Saturday. India has a strong commitment ‌to Asean nations, Singh said, without disclosing more details ‌of the deals related to BrahMos.
India, which has been building ‌up ‌domestic defence manufacturing for local use ‌and exports, has already sold ⁠the supersonic cruise missiles to the Philippines.
A deal with Vietnam could be worth about 60 ‌billion rupees (US$629 million), ‌including training and logistical support, a source previously said. BrahMos’ growing export appeal rests on a combination of raw performance and its proven combat abilities. The missile’s battlefield debut came during “Operation Sindoor” in May 2025, India’s military campaign against Pakistan following a militant attack in Pahalgam, Indian-administered Kashmir, that killed at least 26 civilians.

World is at an inflection point : New Zealand Prime Minister Chris Luxon

New Zealand Prime Minister Chris Luxon has said that the world is at an "inflection point in global geopolitics." He argues that while the emerging multipolar order is still evolving, countries must strengthen multilateral institutions and deepen cooperation with like-minded partners to address shared global challenges.
India’s Prime Minister Narendra Modi is set to visit New Zealand in July, which would be Modi’s first head of government. This is a historic trip given that India and New Zealand, on 27 April 2026, concluded a Free Trade Agreement (FTA) in New Delhi. The deal, which is undergoing ratification, gives a practical shape to the long-standing desire of both nations to deepen their commercial ties.
New Zealand has for a long time considered India as a “strategic partner,” given the weight of the Indian economy, its increasing role in global politics, and its geographical centrality in the Indo-Pacific. A stronger bilateral relationship also helps New Zealand to not rely too heavily on a small group of countries for its exports.
One factor that has brought the two countries closer is the presence of a large Indian community in New Zealand, estimated at around 300,000 people (six percent of the population). Through commerce, academic exchanges, cultural activities and family connections, this diaspora has served as a link, referred to as a “vital living bridge” between the two governments over many years.
The trade between the two countries is still relatively small when compared to the overall size of the Indian economy. New Zealand exported to India goods and services valued at NZ$2.03 billion in the year ending December 2025, which made India only its 11th largest export market. This figure suggests that much of the trade potential between the two economies is yet to be realized.

Wednesday, May 20, 2026

Arvind SmartSpaces declares dividend of Rs. 2.25/- per share for Q4 FY26

Arvind SmartSpaces Ltd has announced its Q4 & FY26 Financial Results. 

Q4 & FY26 Financial Results highlights 

- Annual Booking Value of Rs. 1,550 Cr, YoY growth 22%

- Annual Collections of Rs. 1,100 Cr, YoY growth of 17%

- Quarterly Booking Value of Rs. 612 Cr; YoY growth of 61%

- Quarterly Collections of Rs. 355 Cr; YoY growth of 65%

- Net Operating Cash Flows of Rs. 417 Cr in FY26

- Crossed Rs. 100 Cr of PAT for consecutive years

- Acquired new projects with an expected topline of ~Rs. 3,140 Cr during FY26

- The Board of Directors recommended a final dividend of Rs. 2.25/- per equity share of face value of Rs. 10/- each
Arvind SmartSpaces (ASL) is one of India’s leading real estate development companies and a part of the Lalbhai Group. In March this year Pirojsha Adi Godrej had bought 8,17,530 shares in the real estate developer for ₹498 per share, while HDFC Capital Affordable Real Estate Fund-1 sold the same amount of shares for the similar price. 

Monday, May 11, 2026

⁠Five year extension for state government jobs in #WB under #BJP

Seven key decisions taken in the first cabinet meeting led by BJP led West Bengal government headed by CM Suvendu Adhikari today.  

1. Appreciate efforts of EC, Observers, Kolkata Police, West Bengal Police. 
2. ⁠As many as 321 BJP party workers killed paid respects by the cabinet, their families responsibility will be taken state govt. 
3. ⁠Process for land transfer to BSF for erecting fence on India-Bangladesh border & complete work of land transfer by 45 days. 
4. ⁠Ayushman Bharat scheme work begins, to be implemented soon. State enrolls itself under all central schemes like - PM Jan Arogya Yojana, Fasal Yojana, PM Viswakarma, Beti Bachao Beti Padhao and all the other central schemes. Implementation soon. All petitions pending at centres for Ujjwala Yojana. 
5. IAS & IPS officers will be allowed for central training. BNS was not implemented in the state. 
6.West Bengal to implement BNS immediately. 
7. ⁠Five year extension for state government jobs.

Saturday, May 9, 2026

Shyam Metalics to #invest ₹2700 cr over the next 3 to 4 years

Shyam Metalics Accelerates Expansion Vision; With ₹8,700 crores already deployed, the steel giant proposes to add fresh capital of ₹2700 Crore to its existing ₹16,060 crore pipeline, executing the balance over the next 3 to 4 years.

Shyam Metalics and Energy Ltd is planning to invest around Rs 700 crore to set up an aluminium flat rolled products (FRP) and foil manufacturing facility in Sambalpur, Odisha, as it expands into value-added downstream segments, as per media reports.
The project, being developed through its step-down subsidiary Smel Steel Structural Pvt Ltd, is in an advanced stage and is expected to be commissioned by June 2026, the company said.
 
The facility will have an installed capacity of 60,000 tonnes per annum (TPA) of aluminium flat rolled products and 18,000 TPA of aluminium foils, marking the company’s entry into high-margin aluminium downstream products, according to a company statement.
Commenting on the developments, Mr. Brij Bhushan Agarwal, Chairman and Managing Director, Shyam Metalics and Energy Limited, said, “This marks the next phase of Shyam Metalics’ evolution from scale-led growth to value-led growth. Our objective is not simply to add capacity, but to build stronger positions in sophisticated, higher-margin product categories that can drive sustainable returns over the long term.
The investments in specialty steel and advanced stainless downstream products will help us move further up the value chain, support import substitution, and strengthen India’s manufacturing capabilities. Importantly, these expansions are being funded entirely through internal accruals, reflecting both our balance sheet strength and disciplined approach to growth. We are confident that the integration of these stainless steel offerings will catalyze manifold growth in both our topline and profit margins.
 
With these projects, we are building a stronger, more resilient and globally competitive metals platform, one that is aligned with India’s industrial ambitions while delivering long-term value for customers, communities and shareholders.”
 

Saturday, May 2, 2026

#SC asks #ECI to follow its own circular "in letter and spirit"

Court asks ECI to follow its own circular "in letter and spirit"

In TMC’s challenge to deploy only Central government employees as vote counting supervisors for the assembly elections in West Bengal, Supreme Court asks ECI to follow its own circular "in letter and spirit" which typically allow for a mix of State and Central personnel to be appointed as vote counting supervisors.
The All India Trinamool Congress filed a Special Leave Petition (Diary No. 26799/2026) before the Supreme Court of India challenging implementation of an Election Commission communication dated 13 April 2026.
The dispute concerns the appointment of Counting Supervisors and Counting Assistants, where it was alleged that only Central Government/PSU employees were being, potentially affecting balance in the counting process.
Senior advocates Kapil Sibal and Meenakshi Arora argued that staff selection must follow a randomisation process as outlined in the communication.
The Supreme Court directed that Clause 1 of the communication must be read together with provisions on the second page, which mandate random selection from both State and Central Government employees.
The Court recorded an undertaking from Election Commission of India (through senior advocate Dama Seshadri Naidu) that the guidelines will be implemented fully.
The issue had earlier been challenged before the Calcutta High Court, which dismissed the petition on 30 April 2026.
The outcome implies that counting staff deployment must follow a mixed, randomised selection process to ensure procedural balance.


Wednesday, April 22, 2026

Kadimi Group expands its global footprint with strategic #US acquisition

US-based Rol-flo Engineering Inc is acquired by fastener and cold forging industry player Gurugram based Kadimi Group for an unspecified amount 

Kadimi Tool Manufacturing Co. , a player in the fastener and cold forging industry has recently made its first global acquisition with the US-based Rol-flo Engineering Inc.
The Group also plans to expand capacity across its facilities and actively pursue further acquisition opportunities in key global markets like Western Europe, Japan, and China.
Founded in 1977 and initially representing global manufacturers in India, the company gradually expanded into manufacturing, beginning with flat thread rolling dies in 1987. Over the years, Kadimi diversified further, entering the production of cold heading wire in 2013.
In 2024, the company ventured into fastener manufacturing, and the acquisition of Rol-flo Engineering – its first outside India – will complement Kadimi’s existing product portfolio, according to Managing Director Sahil Nath.

Monday, April 13, 2026

#German specialty chemicals manufacturer WACKER expands production facility in Panagarh #WestBengal

Wacker Chemie AG a German multinational and leading global provider of highly developed specialty chemicals has successfully completed the second expansion phase at its production site in Panagarh, West Bengal, India. In addition to silicone rubber, the site now also operates a production complex for silicone emulsions.
WACKER has taken a significant step forward in strengthening its manufacturing presence in India by expanding its silicone emulsion production capabilities. The company recently commissioned a new production complex at its Panagarh facility, marking another milestone in its long-term growth strategy in the country. This advanced facility is dedicated to producing high-quality silicone emulsions that cater primarily to the cosmetics and personal care sectors, which are experiencing steady demand growth both domestically and globally.
GMP-certified production facility in West Bengal will supply high-quality silicone emulsions for the cosmetics and personal care industry. The new plant will increase the Group’s silicone emulsion production capacities in India significantly. The expansion will create 60 new jobs at the site.
WACKER’s fully consolidated joint venture Wacker Metroark Chemicals (WMC) is a leading supplier of silicone raw materials for cosmetic products, shampoos, and personal-care applications. In addition to local manufacturers, the company’s customer base also includes international consumer goods companies. “The demand for our silicone products remains unabated, and we expect to see further significant growth in India,” said Tom Koini, head of WACKER’s Silicones division. “By expanding our production in Panagarh, we are ideally positioned to meet this rising demand and to support the growth of our customers.”
WACKER began its silicones production in India in 1999. At the Amtala site near Kolkata, the company has been manufacturing silicone fluids, emulsions, and silicone rubber compounds among other silicone products. In 2022, WACKER began operations at its 165,000 square meter site in Panagarh. Here, the company has been producing silicone rubber and ready-to-use silicone compounds for the electromobility, medical technology, and electrical power supply industries.
Following the commissioning of the second expansion phase, WACKER’s Panagarh site now represents a second mainstay for producing silicone emulsions in India. Through further expansion measures, WACKER aims at making the site assume a leading role in the regional silicones supply chain. In future, Amtala – hitherto the hub of silicone fluids and emulsion production in India – will increasingly focus on product and process development. “The successful completion of the expansion work in Panagarh is key to our future success in India,” declared Sascha Büchel, Managing Director Wacker Metroark during the opening ceremony. “Our main site in Amtala has played an outstanding role. But Amtala is increasingly being stretched to its limits. Panagarh provides us the space, infrastructure, and flexibility we need to continue our success story in India.”

Tuesday, March 31, 2026

#Coal India’s e-auction premiums are getting costlier due to #CNG and #LPG shortage

Coal India’s e-auction premiums have risen to around 35% over notified prices in February 2026

India’s overall coal demand has been rising steadily, with annual consumption crossing 1.25 billion tonnes, driven primarily by the power sector, cement, sponge iron, and captive industrial users. Early signals from coal markets indicate tightening demand–supply dynamics. Coal India’s e-auction premiums have risen to around 35% over notified prices in February 2026, reflecting increased urgency among buyers to secure supply. This marks a shift from softer demand trends earlier in the fiscal year. The demand uptick is being driven by multiple factors, including substitution from gas amid LNG disruptions, seasonal ramp-up in power demand, and reduced imports leading to greater reliance on domestic coal. However, coal’s substitution potential remains largely limited to the power sector in the short-to-medium term. Structural and technological constraints continue to restrict its widespread adoption in industrial applications such as fertilisers and chemicals.
Commenting on the evolving scenario, Vinaya Varma, MD & CEO, mjunction services limited stated, “What we are witnessing is an early but clear behavioural shift in fuel consumption patterns. As LNG availability tightens and CNG/LPG supplies face disruption in several industrial clusters, buyers are increasingly turning to coal to secure operational continuity. The rise in e-auction premiums and improved offtake reflects this urgency. Coal will continue to play a critical role in ensuring India’s energy security, especially in times of global uncertainty. While we are witnessing localized tightening in demand and firming of prices, the overall market remains balanced due to strong domestic availability and adequate stock levels.”
Importantly, the situation remains measured rather than overheated. Only about 47% of auction volumes have been sold so far this year, and current premiums remain below historical peaks, indicating controlled but firming demand. Current coal stock levels at power plants remain comfortable at 18–20 days of consumption, preventing panic buying despite tightening spot demand signals in auction markets. Overall, while India is not facing an immediate energy crisis, evolving global disruptions are beginning to test the system.

Monday, March 30, 2026

Netafim launches #AI Enabled Automated Dosing Machines for smart Fertigation for #Indian #Farmers

Netafim launches #AI Enabled Automated Dosing Machines for smart Fertigation

Netafim, Orbia’s Precision Agriculture business a leader in precision irrigation solutions, announced the launch of its “5th Generation AI-Enabled Automated Dosing 5G product range”. The new range is designed to enable optimal fertigation management through advanced AI-powered automated dosing technology, along with intuitive remote control and monitoring capabilities. The suite of updated dosing products includes FertiKit™ 5G, FertiOne™ 5G, NetaJet™ 5G and NetaFlex™ 5G. 
A fertigation dosing system injects fertilizers, pesticides, or nutrients directly into irrigation water, ensuring precise, uniform delivery to the root zone.
Vikas Sonawane, Chief Operating Officer at Netafim Irrigation India Pvt Ltd, said that “Farmers in India face rising input costs, water scarcity, inconsistent nutrient dosing and limited real-time visibility, often leading to wastage, uneven crop growth and lower profitability. Addressing these challenges, Netafim has introduced Dosing 5G. “This AI-powered solution brings precision, automation and remote monitoring to fertigation management, ensuring optimal nutrient delivery with minimal manual effort. By improving dosing accuracy and water-use efficiency, it helps enhance crop quality, strengthen farm profitability and support sustainable water management, enabling Indian farmers to make every drop and nutrient count.”
The company claims that Dosing 5G solutions have already been deployed, with early results already demonstrating significant improvements in customer experience and efficiency. These findings validate the system as a powerful solution for achieving higher yields, better-quality crops, reduced nutrient runoff, and minimized environmental impact.
 

Thursday, March 26, 2026

FundsIndia plans to build robust #wealth management portfolio

FundsIndia plans to build robust #wealth management portfolio

Online mutual fund investment platform FundsIndia is looking to ride India’s expanding wealth management market for its next phase of growth. The WestBridge Capital-backed firm aims to build one of the country’s largest wealth management platforms and scale its assets nearly fourfold to Rs.1 lakh crore over the next four years. 
FundsIndia has surpassed Rs 25,000 crore in Assets Under Management (AUM), after recording a 25% increase from Rs 20,000 crore to Rs 25,000 crore in a little over a quarter. 
Commenting on the milestone, Akshay Sapru, Group CEO, FundsIndia, said:
“Crossing Rs 25,000 crore in AUM marks another significant milestone in our journey and reflects the deep trust investors and partners place in us. This growth reaffirms our resolve to champion systematic, disciplined and goal-based long-term wealth creation in India.
Currently it serves ~30 lakh users across India, with participation extending well beyond traditional urban wealth centres. About 39% of investors are from T30 cities, while 61% are from B30 markets, highlighting the deepening penetration of structured investing across emerging geographies. Systematic investing remains a cornerstone of this growth, with FundsIndia’s SIP book at Rs 142 crore and an incremental monthly run-rate of Rs.2 crore, reflecting consistent investor commitment to long-term wealth creation.
Backed by WestBridge Capital, FundsIndia is investing substantially to strengthen its technology stack, data infrastructure, and core platform capabilities. During FY25–26, the company has sharpened its advisory frameworks, enhanced portfolio intelligence, and improved the end-to-end client experience across digital and partner-led channels. Parallel investments in AI- and analytics-led capabilities will enable deeper personalization and scalable advisory efficiency.





Monday, March 23, 2026

Mahanagar Gas Limited Ventures into #Renewable #Energy


Acquires 26% Stake in the Solar Power SPV, FPEL Reliant Energy Private Limited for ₹3.89 crore


Mahanagar Gas Ltd. (MGL), a city gas distribution (CGD) company said it has signed a Share Subscription Agreement (SSA) and Shareholding Agreement (SHA) with Fourth Partner Energy’s FPEL Reliant Energy Private Ltd. and its holding company FPEL Saur Vidyut Private Ltd. on to acquire a 26% stake in FPEL Reliant for ₹3.89 crore.

The investment will support the setting up of a solar power plant in Maharashtra and this makes MGL’s foray into solar energy.
 
The acquisition is compliant with regulatory requirements related to power consumption under the Electricity Act, 2003 (read with the Electricity Rules, 2005. By integrating renewable energy into its operations, MGL aims to strengthen its commitment to sustainable business practices and reduce the carbon footprint associated with its operations.
 
Commenting on the company’s foray into renewable energy, Ashu Shinghal, Managing Director, Mahanagar Gas Limited said, “Mahanagar Gas Limited is continuously exploring opportunities to integrate cleaner and more sustainable energy solutions into its operations. Our foray into solar energy is a step towards adopting cleaner energy sources for our CNG station network while optimising energy costs and meeting regulatory requirements. As we continue to expand our footprint within the state of Maharashtra and beyond, incorporating renewable energy solutions will remain an important part of our long-term growth strategy.”
 
The acquisition will be completed through a cash investment and is expected to be finalised within six months from the execution of the agreements. Following completion, FPEL Reliant will become an associate company of Mahanagar Gas Limited.
 
Jay Kumar Waghela, CEO (Distributed Business Unit), Fourth Partner Energy said, “We at Fourth Partner Energy are proud to partner with Mahanagar Gas Limited in its endeavour to integrate renewable power into their operational ecosystem and supporting India’s transition towards cleaner energy solutions. Corporates across various sectors are boosting their use of solar and other renewables to lower carbon emissions and promote a greener environment. At FPEL, we are proud to offer all integrated clean energy solutions including solar, wind, battery storage, hybrid power and carbon credits on a single platform to help players like MGL fast-track its net zero goals. We are thrilled and look forward to this new journey with MGL.”

Saturday, March 21, 2026

Challenges of preserving #electronic #evidence in the new #BSA era

Digital evidence

Bharatiya Sakshya Adhiniyam 2023 or BSA does not provide a standard operating procedure SOP for forensic imaging of devices. At the time of seizure, if a device is seized without a proper write blocker, the metadata changes instantly, potentially rendering the primary evidence inadmissible or contestable.  
According to Sreya Chakraborty Assistant Professor at the Techo India Legal Sciences department "The Bharatiya Sakshya Adhiniyam or BSA 2023, even the earlier evidence act, do not prescribe potential SOPs for forensic imaging at the statute level. So what they rely on? General principles of evidence, authenticity, integrity, chain of custody, expert testimony, guidelines issued by forensic labs or investigative agencies, which may vary state to state, because each state has their own forensic agency. So write blocker matters because no data is altered in the original storage device. Metadata remains intact, and forensic image is true, verifiable copy. So, what can be done? Without this, the last access time stamps can be changed, triggered background OS writes, and also modify logs or hidden systems. So that directly undermines the forensic principles of preservation in original state. "
"The integrity of the evidence can be questioned. The defense can argue that the data was contaminated, the data was tampered with, or even planted, contaminated, the data was tampered with or even planted. Chain of custody becomes weak, of course, and admissibility is not there. So, expert validation, which I told earlier, that expert validation for forensic labs, forensic labs, science labs, case-wise split scrutiny, and also many agencies do follow the SOPs. But these are always not properly codified in law," she added.
Courts operating under the BSA 2023 framework follow a systematic evaluation process that begins with the initial submission and classification of electronic evidence. The judicial evaluation framework requires courts to first determine whether the evidence being presented constitutes primary or secondary evidence, a determination that has significant implications for the subsequent authentication requirements. When the original electronic device containing the evidence is physically produced in court, courts can treat the evidence as primary evidence, potentially eliminating the need for the Section 63(4) certificate that is mandatory for secondary evidence. This distinction requires courts to carefully examine the nature of the evidence presentation and make informed decisions about the appropriate evidentiary classification.
The certificate verification process under Section 63(4) represents one of the most critical aspects of the judicial evaluation framework, requiring courts to scrutinize both the administrative and technical components of the dual-signature requirement. Courts must verify that Part A of the certificate, completed by the responsible person, contains comprehensive details about the electronic device or record source, including technical specifications and ownership information. Simultaneously, courts must evaluate Part B of the certificate, completed by an expert, to ensure that the technical verification meets the required standards for hash value calculation and integrity assessment. This dual verification process places significant responsibility on courts to assess the credibility and qualifications of both the responsible person and the technical expert.
WhatsApp messages and social media communications present unique challenges for courts due to their ubiquitous nature and the ease with which they can be manipulated or taken out of context. Courts have developed specific protocols for evaluating WhatsApp evidence that focus on both technical authentication and contextual verification. The judicial approach to WhatsApp evidence requires courts to examine not only the technical aspects of message extraction and preservation but also the communicative context that gives meaning to the digital exchanges. Recent judicial decisions have emphasized that WhatsApp conversations cannot be admitted as evidence without proper certification under Section 63(4), reinforcing the mandatory nature of technical authentication even for seemingly straightforward digital communications.
The authentication process for WhatsApp evidence requires courts to evaluate multiple layers of verification, including device ownership, message integrity, and the reliability of extraction methods. Courts must assess whether the messages were obtained through legitimate means, such as chat exports or forensically sound device imaging, rather than potentially unreliable methods like screenshots that can be easily manipulated. The blue tick feature in WhatsApp can serve as additional corroborative evidence of message delivery and reading, but courts must be careful not to overstate its probative value or treat it as conclusive proof of communication authenticity. The judicial evaluation also extends to examining the broader context of the conversation, including the identity verification of participants and the chronological consistency of the message exchange.
CCTV footage represents one of the most technically complex forms of electronic evidence that courts regularly encounter, requiring judicial evaluation of both technical and evidential aspects. Courts must apply a multi-factor analysis that examines the quality of the footage, the reliability of the recording system, and the chain of custody from the moment of recording to presentation in court. The judicial approach to CCTV evidence has evolved to recognize that while perfect image quality is not always achievable, the footage must be of sufficient clarity to support the inferences being drawn from it. Courts have established that CCTV footage can serve as the sole basis for conviction in appropriate cases, provided that the technical authentication requirements are met and the footage clearly depicts the relevant events.
The authentication requirements for CCTV footage under BSA 2023 require courts to scrutinize both the technical specifications of the recording system and the operational procedures followed during the relevant time period. Courts must verify that the CCTV system was functioning properly during the material time, that the footage has not been altered or tampered with, and that the extraction and preservation methods maintain the integrity of the original recording. The mandatory Section 63(4) certificate for CCTV footage must include detailed technical information about the recording equipment, storage systems, and the manner in which the footage was extracted for presentation. Courts have emphasized that failure to produce this certificate renders CCTV footage inadmissible, highlighting the critical importance of proper procedural compliance.
Digital photographs and images require courts to apply sophisticated authentication standards that address both the technical integrity of the image files and the reliability of the capture process. The judicial approach to digital photography has evolved to incorporate a comprehensive six-factor test that examines the reliability of the recording equipment, the qualifications of the operators, the proper implementation of input/output procedures, the reliability of the software utilized, the correct programming and operation of the equipment, and the proper identification of the output. This multi-factor analysis requires courts to engage with technical details that may be beyond the traditional scope of judicial expertise, necessitating greater reliance on expert testimony and technical verification.
The hash value requirements introduced by BSA 2023 have particular significance for digital photography authentication, as they provide courts with a reliable mechanism for detecting tampering or alteration. Courts must verify that the hash values calculated at the time of evidence collection match those presented at trial, with any discrepancy indicating potential manipulation that could render the evidence inadmissible. The authentication process also requires courts to examine metadata associated with digital images, including EXIF data that can provide crucial information about the camera settings, date and time of capture, and potentially the geographic location where the photograph was taken. However, courts must also be aware that metadata can be manipulated, requiring additional verification through expert analysis and technical authentication.
The BSA 2023's introduction of mandatory expert authentication represents a significant enhancement in the judicial evaluation of electronic evidence, requiring courts to carefully assess the qualifications and credibility of technical experts. Courts must evaluate whether the proposed expert possesses the necessary technical knowledge and experience to provide reliable testimony about the specific type of electronic evidence being presented. The dual-signature requirement under Section 63(4) places particular emphasis on the expert's role in verifying technical aspects such as hash value calculation, file integrity assessment, and the detection of potential tampering or alteration. This enhanced reliance on expert testimony requires courts to develop greater sophistication in evaluating technical evidence and understanding the limitations and capabilities of various authentication methods.
The judicial assessment of expert qualifications has become increasingly important as the complexity of electronic evidence continues to evolve. Courts must determine whether an expert's background in areas such as digital forensics, computer science, or specific technical domains qualifies them to provide reliable testimony about particular types of electronic evidence. The expert authentication process also requires courts to evaluate the methodologies employed by experts in their analysis, ensuring that the technical procedures followed meet accepted standards for digital evidence examination. Courts have recognized that the rapidly evolving nature of digital technology may require ongoing education and adaptation of expert qualification standards.
Courts face significant practical challenges in implementing the enhanced electronic evidence framework under BSA 2023, particularly in terms of technical infrastructure and judicial training. The requirement for hash value verification and technical authentication places new demands on court systems that may lack the necessary technological resources or technical expertise. Courts must develop procedures for handling and verifying electronic evidence that ensure both security and accessibility, while also maintaining the traditional requirements of judicial transparency and public access. The implementation challenges are particularly acute in smaller jurisdictions where technical resources and expert witnesses may be limited.
The volume and complexity of electronic evidence present additional challenges for court management and case processing. Digital devices can contain vast amounts of data, requiring courts to develop efficient procedures for reviewing and evaluating relevant evidence while avoiding unnecessary delays. Courts must also address privacy concerns that arise when electronic evidence contains personal information beyond what is directly relevant to the case. The judicial system's adaptation to these challenges requires ongoing collaboration between the legal and technical communities to develop best practices that serve the interests of justice while respecting individual rights and maintaining procedural efficiency.


 

Tuesday, March 17, 2026

More than a dozen #Chinese J-20 Stealth Fighters near India's #Sikkim border spotted

More than a dozen #Chinese J-20 Stealth Fighters near #Sikkim border spotted

Satellite imagery has revealed China has deployed more than a dozen of its advanced J-20 stealth fighter jets at the high-altitude Shigatse air base in Tibet, less than 150 kilometers from India's Sikkim border.
This development places the J-20s within 300 kilometers of the Indian Air Force's base in Hasimara, Bengal, which houses the IAF's second squadron of 16 Rafale fighter aircraft tasked with defending Eastern India's Himalayan frontier.
The Indian Air Force operates two Rafale squadrons with a total of 36 jets, while China is believed to have manufactured approximately 250 J-20 stealth fighters.
Until recently, the J-20s were primarily stationed on China's eastern frontier, defending the Pacific seaboard.
The presence of at least seven J-20s at Shigatse marks a significant strategic shift and has major military implications for India.
Shigatse, the second-largest city in Tibet, is situated at an altitude of 12,408 feet and has a dual-use airport for civil and military purposes.
The deployment demonstrates the J-20's capability to operate from the harsh environment of ultra-high altitude Tibetan air bases.