FBI Dismantles $250 Million Minnesota Food Aid Fraud, Probe Continues

December 29, 2025

FBI Dismantles $250 Million Minnesota Food Aid Fraud, Probe Continues

The FBI has busted a $250 million fraud in Minnesota targeting federal food aid. The scam involved fake vendors and money laundering. Investigations are ongoing with immigration probes underway.

Loan Recovery Harassment Surges in India; Tamil Nadu Turns Tough with New Law

December 28, 2025

Loan Recovery Harassment Surges in India; Tamil Nadu Turns Tough with New Law

Many Indians face harsh recovery tactics after missing loan payments. RBI rules banning harassment are ignored. Tamil Nadu now punishes coercive recovery with jail and fines.

NABARD Sets ₹27,434 Crore Credit Potential for Cuddalore in 2026-27

December 28, 2025

NABARD Sets ₹27,434 Crore Credit Potential for Cuddalore in 2026-27

NABARD's Potential-Linked Credit Plan for 2026-27 estimates ₹27,434 crore credit potential for Cuddalore district. Focus areas: agriculture, MSME, and priority sectors. Local banks urged to prioritize medium and long-term credit to boost farm mechanisation and micro irrigation.

UAE’s 2026 Regulatory Shake-Up: Plastics Ban, Tax Rules, School Times, and More

December 28, 2025

UAE’s 2026 Regulatory Shake-Up: Plastics Ban, Tax Rules, School Times, and More

Starting January 1, 2026, the UAE enforces a wide regulatory reset. Bans on single-use plastics expand, Friday school timings shift, tax rules tighten, social media influencers need permits, and sugar taxes get tiered. Businesses and residents must comply or face fines.

PMO Orders Listing of All Coal India Subsidiaries by 2030 to Boost Governance and Transparency

December 28, 2025

PMO Orders Listing of All Coal India Subsidiaries by 2030 to Boost Governance and Transparency

The PMO has ordered the coal ministry to list all subsidiaries of Coal India Limited by 2030. This move aims to improve governance, enhance transparency, and unlock value from assets through IPOs.