Energy statistics harmonization advances with new methodologies for coal, biofuels, captive electricity and electric vehicle data gaps.
Strengthening India's energy statistics framework requires harmonized definitions, classifications, conversion factors and estimation methods across line ministries to improve consistency, comparability and international alignment. The committee recommended adoption of standard industrial and energy-product classifications, along with uniform conversion factors, for collection and dissemination of energy statistics, and proposed methodologies to refine sectoral end-use consumption estimates for coal and electricity using the Annual Survey of Industries database. The report further identified significant gaps in biofuel consumption data and in capturing electricity consumption through captive or off-grid modes and by electric vehicles. For these areas, it proposed initial methodological frameworks to be refined for incorporation into the energy-balance database.

Investment protection framework deepens India-Israel economic ties while preserving sovereign policy space for public objectives.
The India-Israel Bilateral Investment Agreement has entered into force, establishing an investment protection framework between India and Israel. It is presented as strengthening bilateral economic relations and providing a secure and predictable investment climate for cross-border investment. The agreement is described as protecting investors and their investments while preserving sovereign policy space for legitimate public policy objectives, reflecting modern international investment law.

Codeine-based cough syrup seizures expose concealment methods used in narcotics trafficking networks under the NDPS Act.
Large quantities of codeine-based cough syrup were intercepted and seized in coordinated anti-smuggling operations in Tripura and West Bengal under the NDPS Act, 1985. The consignments were concealed inside metallic and iron drums beneath cover cargo, including powdery substance and china clay powder, to evade detection during transport and storage. The operations involved recovery from a train parcel van and a warehouse, with one person arrested after arriving to take delivery of the consignment.

Bilateral economic cooperation deepens as India and France expand dialogue on critical minerals, investment, railways and financial ties.
India and France advanced bilateral economic and financial cooperation through the India-France Economic and Financial Dialogue, focusing on alignment in multilateral economic platforms, including the G20 and Paris Club, and on broader views of the world economic outlook. The discussions covered cooperation in critical minerals, economic sovereignty and security policy, efforts to increase cross-investment, expand collaboration in the high-speed railway sector, and further connect the financial industries of both countries.

Startup mentoring and compliance support framework advances ecosystem growth through funding, legal guidance, and market readiness support.
A structured post-funding mentoring and handholding framework has been announced for the selected startups, covering business, regulatory, financial, legal, investment and technology support. The framework includes specialised mentoring on regulatory and legal compliance, taxation, fund utilisation, fundraising strategy, valuation, term sheet negotiations, data privacy, cybersecurity and intellectual property protection, together with Demo Days and the Sounding Board Programme to improve market readiness, strategic positioning and partnership opportunities.

Competition Commission approval for share acquisition in Krazybee Services and Finnovation Tech Solutions by Mars Equity Dragon Fund VCC.
The Competition Commission of India approved the acquisition of certain shares in Krazybee Services Limited and Finnovation Tech Solutions Private Limited by Mars Equity Dragon Fund VCC. The proposed combination concerns Krazybee, a non-deposit taking non-banking financial institution and middle layer Investment and Credit Company, and Finnovation, the technology company that operates the KreditBee app and provides loan sourcing and payment-service access, including Unified Payments Interface facilities.

Competition approval for infrastructure investment trust acquisition and unit issuance in highway project vehicles.
Competition approval was granted for a proposed combination involving the acquisition of shareholding in seven special purpose vehicles by Anantam Highways Trust, an infrastructure investment trust, together with the issuance of units of the trust to Build India Infrastructure Fund, Dilip Buildcon Limited and DBL Infraventures Private Limited. The transaction covered the SPVs connected with highway and expressway projects, and the parties were described by reference to their roles in infrastructure investment, engineering and construction, and related project development activities.

Foreign-origin gold smuggling intercepted in West Bengal, with concealed bars seized and seven persons arrested.
Cross-border smuggling of foreign-origin gold along the Indo-Bangladesh border in West Bengal was intercepted in an intelligence-led operation by the Directorate of Revenue Intelligence. Seven persons travelling on separate motorcycles were searched, resulting in recovery of foreign-marked and defaced gold bars concealed in specially tailored cloth belts worn around their waists to avoid detection. The recovered gold was seized under the Customs Act, 1962, and all seven persons involved in the smuggling operation were arrested.

Cross-border gold smuggling and illicit currency routing exposed through coordinated DRI operations linking carriers, cargo consignments, and a melting unit.
Cross-border gold smuggling was detected through coordinated DRI operations involving multiple carriers, train routes and a Delhi-based illicit melting facility. Foreign-origin gold concealed on persons and in a customised waist belt was recovered, and the persons involved were arrested. A separate Chennai operation unearthed the illicit movement of foreign currency through domestic air cargo consignments, with the currency being used to finance organised smuggling of gold and silver into India.

India-France strategic economic partnership deepens through bilateral dialogue, investment promotion, technology collaboration and innovation-focused engagements.
Official visit to France focuses on strengthening the India-France strategic economic partnership through bilateral engagements directed at economic cooperation, investment promotion, technology collaboration and innovation. The Finance Minister is scheduled to co-chair the India-France Economic and Financial Dialogue and discuss broader areas of bilateral cooperation across sectors. The visit also includes meetings with global CEOs and business leaders, a panel discussion on expanding the middle class, visits to the ITER fusion project and Campus Cyber, discussions on investment, clean energy and technology cooperation, and a community event with the Indian diaspora.

UPI expansion and cross-border digital payments advance as services go live in Greece alongside India-Greece business cooperation.
UPI services were launched live in Greece through the Eurobank-NIPL partnership, extending India's digital payment ecosystem to a new international market. Eligible customers may transfer money instantly, securely, and seamlessly, with transaction costs reduced significantly compared with conventional money transfer methods. The accompanying India-Greece business engagements focused on strengthening trade, investment, and commercial cooperation across sectors including infrastructure, digital innovation, defence, food processing, and agriculture.

Government of India monthly accounts show receipts, tax devolution, and expenditure composition up to May 2026.
Government of India's monthly accounts up to May 2026 show consolidated receipts of Rs.7,18,669 crore, including net tax revenue, non-tax revenue, and non-debt capital receipts, with Rs.1,75,557 crore transferred to State Governments as tax devolution. Total expenditure stood at Rs.8,81,023 crore, covering revenue and capital account spending, including interest payments and major subsidies.

Trans-border gold smuggling and cryptocurrency financing exposed after concealed foreign-origin gold was recovered from a courier consignment.
Trans-border gold smuggling operation involving foreign-origin gold concealed in an international courier consignment declared as "worn gear" was intercepted by the Directorate of Revenue Intelligence. Examination of the consignment led to recovery of foreign-origin smuggled gold hidden inside gear parts, and subsequent searches at the residence of the intended recipient and the alleged mastermind yielded additional concealed gold pieces. Four persons, including the alleged mastermind and a foreign national, were arrested, and preliminary investigation indicated use of cryptocurrency to finance the smuggling network.

Infrastructure financing commitment expands NIIF support to attract institutional capital and fund strategic national projects.
Additional Government commitment of investment capital to the National Investment and Infrastructure Fund has been approved to expand infrastructure financing and attract institutional participation into nationally important sectors. The commitment supports a second infrastructure-focused fund, successor fund strategies and wider investment deployment across transportation, energy, digital infrastructure, urban infrastructure and e-mobility, with the broader aim of catalysing private capital and strengthening public-private partnership frameworks.

India-UK trade cooperation advances through CETA-focused business engagement, simpler compliance, and stronger investment partnerships.
The India-UK Comprehensive Economic and Trade Agreement is presented as a framework for deepening bilateral trade and investment through sustained business engagement, with emphasis on long-term investment, technology partnerships, innovation, resilient supply chains and broader economic cooperation. Industry discussions highlighted the need for effective implementation of CETA by increasing awareness of the agreement, especially among MSMEs, and by simplifying regulatory procedures and certification requirements so businesses can better use the opportunities arising under the agreement. The business plenary also underscored strengthening industry-to-industry partnerships and facilitating greater talent mobility.

Bilateral trade and investment cooperation expand as India leads business delegation to Greece for innovation partnerships.
India is advancing bilateral trade, investment and industrial cooperation through a high-level business delegation visit to Greece following recent engagements in the United Kingdom. The programme includes startup presentations, roundtable discussions and business interactions to promote cross-border innovation partnerships, identify collaboration opportunities in infrastructure, digitalisation, defence, food and agriculture, and explore cooperation in advanced manufacturing and technology-driven sectors.

Foreign-origin gold smuggling syndicate exposed through airport-linked operations, concealed carriage, melting facilities and multiple arrests.
A coordinated crackdown on a foreign-origin gold smuggling syndicate operating through airports led to the detection of a gold melting facility used to process smuggled gold. The operation exposed a layered smuggling chain involving airport staff, handlers, intermediaries, a melting facility operator and persons engaged in the melting process, with arrests made across the network and seizure of gold recovered at the facility. Separate operations at Bengaluru and other airports, railway stations and land customs stations led to further recoveries of smuggled gold and additional arrests.

Anti-narcotics enforcement targets cocaine trafficking through coordinated seizures, concealment methods, and arrests under the NDPS Act.
The Directorate of Revenue Intelligence reported a coordinated anti-narcotics operation in which 2 kg of cocaine was seized in Surat and one person was arrested under the NDPS Act, 1985 in connection with illicit trafficking. The release states that, since May 2026, DRI operations across multiple transport and logistics hubs have resulted in the cumulative seizure of approximately 26 kg of cocaine and the arrest of 22 persons, including 14 foreign nationals. The release also describes trafficking methods involving ingestion, concealment in household and edible items, fabrics, and baggage.

Treasury bill auction calendar sets indicative quarterly issuance dates, amounts, and flexible adjustment terms for market conditions.
Treasury Bill auction calendar for the quarter ending September 2026 sets out the scheduled dates of auction and issue for 91-day, 182-day and 364-day Treasury Bills, with indicative amounts notified for each weekly auction during July to September 2026. The Government of India and the Reserve Bank of India may modify the indicated amount and timing depending on requirements, market conditions and other relevant factors, after due notice to the market. The calendar is subject to change for intervening holidays and other circumstances, and auctions remain governed by the applicable general notification, as amended from time to time.

Quality control compliance framework enables flexible sourcing, rewards sustained adherence, and supports innovation and supply chain resilience.
The Transition Facilitation (Quality Control) Order, 2026 introduces an alternative risk-based compliance mechanism intended to support industry transition while maintaining quality assurance and consumer protection. It permits domestic industry to procure supplies from manufacturers holding Scheme II licences under the Bureau of Indian Standards framework, instead of Scheme I, subject to technical capability, compliance history and commitment to technology advancement, design and research, innovation and domestic supply chain strengthening.