February 4, 2026

Union Govt Drops Excise Duty on Raw Tobacco; Andhra Pradesh CM Naidu Welcomes Move

Union Government reduces excise duty to zero on unbranded raw tobacco from February 1, 2026. Andhra Pradesh CM N. Chandrababu Naidu hails this step as a boost for tobacco farmers and small traders in the state.

February 4, 2026

Foreign Nationals Charged in $1 Billion Medicare Fraud Scam in US

Federal prosecutors in Chicago have charged foreign nationals with massive Medicare fraud. The scheme involved over $1 billion in false claims for fake medical equipment. Authorities uncovered shell companies and stolen patient data. Three main cases involve suspects from Kazakhstan and Pakistan linked to laundring millions.

February 4, 2026

ED Achieves 94.82% Conviction Rate in Money Laundering Cases Till 2025

The Enforcement Directorate (ED) reported a 94.82% conviction rate in money laundering cases as of December 2025. Of 58 PMLA cases, 55 led to convictions of 123 accused. Since 2020, 43 cases saw 104 convictions. ED continues to fast-track investigations with advanced technology.

February 4, 2026

US Cuts Tariffs to 18%, Boosting Karnataka’s Exporters and MSMEs

The US has lowered import tariffs on Indian goods to 18%, giving Karnataka's garment exporters and MSMEs a major boost. The move also benefits aerospace, auto components, electronics, and GCCs in the state.

February 3, 2026

Qatar Expat Wins Dh50,000 in Big Ticket Raffle, Plans Family Treat

A Qatar-based expat, Vinoth Anbarasan, won Dh50,000 in the Big Ticket raffle. He’ll share the prize with friends and gift his daughter something special. This popular Gulf raffle brings hope and joy to many expats.