February 4, 2026

India Raises Duty-Free Limit to ₹75,000 for UAE and International Travellers

India has increased the duty-free allowance to ₹75,000 for Indian residents and foreigners arriving from abroad, benefiting millions in the UAE and beyond. The new rules also introduce a weight-based jewelry limit and allow one laptop per passenger duty-free.

February 4, 2026

Saudi Aramco Raises $4 Billion in Multi-Tranche Bond Deal with Strong Investor Demand

Saudi Aramco completed a $4 billion bond issuance across four tranches. Priced with attractive yields, the deal highlights solid investor confidence in the oil giant amid market shifts.

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.