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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.