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RBI penalises Shri Ram Finance Corporation ₹8.10 lakh for compliance failures

The Reserve Bank of India has fined Shri Ram Finance Corporation Private Limited ₹8.10 lakh after finding breaches involving director appointments, customer risk categorisation and the timely uploading of KYC records. The action followed a statutory inspection linked to the company’s financial position as on March 31, 2025.

Source: AI News 24x7

ITR Filing 2026: What Happens If the 31 August Deadline Is Missed

Non-audit taxpayers earning from business or profession must file their income tax returns by 31 August 2026. Missing the deadline can lead to late fees, interest on unpaid tax and loss of eligibility to carry forward certain business, trading or capital losses. Separate deadlines apply to audited and transfer pricing cases.

Source: AI News 24x7

India’s Gen Z drives a rapid expansion in the beauty market

India’s beauty industry is attracting global investment as incomes rise, online shopping expands and younger consumers spend more on skincare and personal care. Gen Z accounts for a substantial share of beauty customers, while demand is spreading beyond major cities and is expected to reshape the market through 2030.

Source: AI News 24x7

India’s rising sugar prices linked to lower stocks and ethanol diversion

Sugar prices in India have climbed sharply as stocks remain limited, demand rises ahead of the festival season and part of the crop is diverted for ethanol. The government says domestic supplies are adequate, while industry representatives point to lower production, earlier stock levels and panic buying as factors behind the increase.

Source: AI News 24x7

Imran Khan sent back to Adiala Jail after medical examination

Pakistan’s former prime minister Imran Khan was returned to Adiala Jail after doctors examined him at Shifa International Hospital in Islamabad. The medical team said he did not need to remain admitted, while the government renewed its challenge to an order concerning private-hospital treatment and his lawyers raised concerns about access to him.

Source: AI News 24x7

Why Tagore supported singing only the first two stanzas of Vande Mataram

Rabindranath Tagore advised that the first two stanzas of Vande Mataram could serve as a national song without offending any community. His view became part of the Congress Working Committee’s 1937 decision to limit public singing to those stanzas, a position now central to a renewed political dispute.

Source: AI News 24x7

Rajpal Yadav says he will repay outstanding debts amid loan dispute

Actor Rajpal Yadav has spoken about his financial difficulties amid a loan dispute and a bank auction notice involving his ancestral home. He claimed losses of 200 to 250 crore rupees over 13 years and said he would repay people who are owed money, while legal proceedings linked to a bounced cheque case continue.

Source: AI News 24x7

8 Bollywood and South Indian Films Set for September 2026 Theatrical Releases

September 2026 will bring eight new films to cinemas, spanning crime drama, psychological thriller, supernatural horror, romance and mystery. The lineup includes Mirzapur The Movie, Haivan, One – Force of the Forest, Love Lottery, Daayra, The Paradise, Immortal and Sardar 2, with releases scheduled across the month.

Source: AI News 24x7

Yash’s ‘Toxic’ receives 18+ UK rating for extreme violence and sexual content

Yash’s Kannada action thriller ‘Toxic: A Fairy Tale for Grown-Ups’ has received an 18+ rating from the British Board of Film Classification ahead of its 26 August release. The classification cites extreme violence, sexual content, disturbing injury detail, drug use and frightening scenes in the film.

Source: AI News 24x7

Why the UAE has long been vital to Iran’s economy

Relations between Iran and the UAE have come under strain after the UAE accused Iran of launching two ballistic missiles towards its maritime vessels and announced a halt to trade and financial transactions. The move highlights Dubai’s longstanding role as a commercial route for Iran amid sanctions and international isolation.

Source: AI News 24x7

Structures outside Pakistan High Commission in Delhi demolished

Authorities demolished structures and barricades outside Pakistan’s High Commission in New Delhi after an inspection found they had been built beyond the mission’s approved boundary. The operation removed arrangements near the visa section that had been used to manage queues, leaving damaged railings, metal frames, roofing sheets, bricks, concrete and plaster scattered outside.

Source: AI News 24x7

Pakistan summons US diplomat after Sergio Gor’s Kashmir remarks

Pakistan has summoned a US diplomatic official in Islamabad after Sergio Gore, the US ambassador to India and special envoy for South and Central Asia, visited Jammu and Kashmir and described it as an important part of India. The visit also included a meeting with Chief Minister Omar Abdullah in Srinagar.

Source: AI News 24x7