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August 20, 2026
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Elephant ivory trade prohibition supports enforcement against wildlife trafficking, seizure of carved ivory articles, and further investigation.
Illicit trade in elephant ivory and articles manufactured from it is prohibited under the Wildlife (Protection) Act, 1972, supporting India's CITES obligations. Enforcement action against a wildlife-trafficking syndicate resulted in the interception of four persons and seizure of 54 carved ivory artefacts. The seized articles and apprehended persons were transferred to the State Forest Department for further investigation. The action forms part of continuing measures against unlawful trade in wildlife derivatives and biodiversity threats.
August 20, 2026
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Trade deficit pressures persist as energy-import costs and currency weakness offset record automobile and electronics export growth.
Japan recorded its highest July import and export values since comparable statistics began, but continued to experience a trade deficit as rising energy costs increased import expenditure. Higher crude oil prices and disruption to Middle East supply routes affected an economy reliant on imported oil, while a weak yen raised the cost of fuel, food and raw materials. Strong automobile, semiconductor and electronics exports benefited from currency weakness, which also increased the yen value of overseas earnings.
August 19, 2026
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Forged health-scheme cards allegedly enabled ineligible treatment and misuse of public healthcare funds through false beneficiary details.
Alleged misuse of Ayushman health-scheme cards involved collecting identity and ration-card details by promising free treatment, then creating forged beneficiary cards with false particulars. The alleged scheme enabled treatment for ineligible persons and purported claims of government health-scheme funds. Police arrested five persons, recovered purported forged identity and beneficiary cards, and are investigating possible involvement of hospital and medical-office personnel, the scale of card forgery, and alleged diversion of public funds.
August 19, 2026
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MSME competitiveness requires affordable credit, technology adoption, formalisation, sustainable trade and stronger export-market access for inclusive growth.
MSME development is identified as central to employment generation, exports, entrepreneurship, economic resilience and self-reliance. Key priorities include affordable credit, technology upgradation, supply-chain integration, market access, brand-building and reduced red tape. Formalisation of micro industries is emphasised to expand institutional credit access, while sustainable trade is promoted through green technologies and renewable energy. Export competitiveness is to be strengthened through regional production capabilities and the "One District, One Export Hub" initiative.
August 19, 2026
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Supply-side inflation risks support a policy pause pending evidence of broad-based, persistent price pressures and de-anchored expectations.
Monetary policy calibration remained on hold because food and fuel inflation had not yet produced broad-based or persistent price pressures. The policy pause was supported by limited pass-through of supply-side shocks, contained core inflation and no clear demand-driven overheating. Recalibration depends on incoming evidence of persistent inflation, entrenched supply-side pressures, de-anchored expectations and the evolving growth-inflation dynamic. Geopolitical disruption, volatile oil prices, monsoon conditions and El Nin o-related agricultural risks remain material inflation risks.
August 19, 2026
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Examination irregularities investigation examines alleged answer-sheet cheating, managed centres and suspected solver-gang involvement by a biometric operator.
Alleged examination irregularities involved suspected cheating through the receipt of an answer sheet by an examinee from personnel of a private firm conducting the examination. Police arrested a biometric operator following an investigation into his alleged involvement. His prior work with biometric firms and manpower supply agencies was examined in connection with clues concerning allegedly managed examination centres and a suspected solver gang.
August 19, 2026
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Trade restrictions on Iran halt commercial and financial exchanges as regional security threats disrupt maritime commerce and re-export access.
UAE trade restrictions on Iran halted all trade, commercial exchanges and financial transactions until further notice following reported ballistic-missile incidents and regional security escalation. The UAE assessed the missiles as directed at maritime traffic, while Iran denied launching them. The suspension disrupts the UAE's role as a major trade and re-export gateway for Iran and may increase Iran's economic isolation. Continuing threats to shipping through the Strait of Hormuz also create economic risk for the UAE's regional business, finance and tourism position.
August 19, 2026
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Inflation persistence and expectations guide continued rate hold amid supply shocks and uncertainty over broader price pressures.
Monetary policy calibration remains contingent on clearer evidence that supply-side price shocks are becoming persistent, broad-based inflationary pressures. The policy rate was maintained unchanged amid uncertainty from higher energy costs, supply-chain disruption, an erratic monsoon and food, fuel and input-price risks. Policy tightening may be required if inflation becomes generalised, expectations become de-anchored, or inflation persists. A wait-and-watch approach was preferred pending clearer realised inflation, forecasts, weather effects and global conditions.
August 19, 2026
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Online credit card applications streamline comparison, eligibility screening and e-KYC, while approval remains subject to issuing-bank criteria.
Online credit card applications through the JioFinance app combine card comparison, eligibility checks, electronic verification, application submission and status tracking. Eligibility screening may occur without affecting the applicant's credit score, but approval remains subject to the issuing bank's criteria and internal policies. Aadhaar-based e-KYC or other accepted electronic verification may be used where applicable. Applicants should provide accurate Aadhaar, PAN and mobile details. Eligible approved applicants may receive a virtual card before physical-card delivery, subject to applicable terms and conditions.
August 19, 2026
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Comprehensive strategic partnership drives ministerial and business engagements on investment, market access, technology collaboration, skills and agri-food trade.
India-Singapore economic engagement is being advanced through ministerial and business roundtables under the Comprehensive Strategic Partnership. A multidisciplinary business delegation is undertaking business-to-business, government-to-business and institutional engagements focused on partnerships, investment, market access, technology collaboration and talent development. Agricultural trade cooperation includes promotion of Indian agri-food exports through a retail initiative. The engagement seeks to strengthen trade, investment, digitalisation, advanced manufacturing, skills development, green-economy cooperation and people-to-people ties.
August 19, 2026
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International senior notes issuance diversifies the bank's funding sources and expands access to global debt capital markets.
IDFC FIRST Bank accessed international debt capital markets through its IFSC Banking Unit at GIFT City by issuing inaugural fixed-rate senior notes with a three-year tenor, due in 2029. The notes were offered to investors outside the United States under the Regulation S format. The issuance followed an investment-grade long-term issuer credit rating with a stable outlook, diversifies the bank's funding sources, and creates an avenue for access to global capital markets in support of long-term growth.
August 19, 2026
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Closing auction session safeguards market transparency through pooled order matching, backed by immediate action against manipulation and stronger monitoring.
Closing auction session (CAS) improves transparency and reduces manipulation in end-of-trading price formation by pooling buy and sell orders during a designated closing window for auction-style matching. Manipulation intended to undermine CAS is subject to prompt and stringent action, supported by enhanced monitoring. Responsible use of artificial intelligence and machine learning requires tiered accountability and governance, including kill-switch, human-in-the-loop and data controls. Regulated entities remain responsible for privacy, security and integrity of investor data used by every AI tool they deploy.
August 19, 2026
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Foreign exchange market movement shows rupee pressure from elevated crude prices, moderated by reserves, intervention and FCNR(B) inflows.
Foreign exchange market movement saw the rupee depreciate marginally against the US dollar amid higher global crude oil prices, heightened West Asia tensions, a stronger dollar environment and weaker domestic equity markets. Central-bank intervention and foreign fund inflows provided support. Adequate foreign-exchange reserves and stronger-than-expected FCNR(B) scheme inflows were identified as factors limiting the scope for sharp depreciation.
August 19, 2026
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AI reliability engineering expands through an enterprise hub supporting AI assurance, agentic engineering, observability and trusted AI deployment.
QualityKiosk Technologies has established a Hyderabad engineering hub to expand AI reliability engineering, AI assurance and agentic engineering capabilities. The centre supports engineering, marketing, branding, analyst-relations and advisory functions, while serving enterprise demand for AI reliability, product engineering, CloudOps and automation. It advances an AI reliability operating framework covering AI for reliability, reliability of AI, agentic engineering, shift-right engineering, frontier-system reliability, observability and platform-based delivery to promote governance, resilience, operational trust and assurance in AI-powered systems.
August 19, 2026
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Money laundering investigation examines alleged diversion of government contract funds and their use in creating trust and university assets.
Money-laundering investigation under the Prevention of Money Laundering Act led to searches of premises associated with the Maulana Mohammad Ali Jauhar Trust, its university, linked companies, promoters and a chartered accountant. The inquiry concerns alleged diversion of government contract funds through private contractors and their alleged subsequent use, including for creating assets of the Trust and university. Separate planning-law issues concern allegations that most university buildings were constructed without approved plans.
August 19, 2026
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Foreign exchange market conditions supported marginal rupee strength despite crude oil pressures, regional tensions and oil-company dollar demand.
Foreign exchange market conditions reflected a marginal strengthening of the rupee against the US dollar in early trading, supported by reported Reserve Bank of India intervention, a softer dollar index and foreign institutional equity inflows. Higher global crude oil prices, West Asia tensions and oil-company demand for dollars continued to exert pressure, resulting in a range-bound trading environment.
August 19, 2026
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Competition approval for Tata Steel's share acquisition restructures ownership of logistics joint venture following an existing partner's exit.
Competition approval has been granted for Tata Steel Ltd.'s acquisition of IQ Martrade Holding Und Management GmbH's entire 23% equity shareholding in TM International Logistics Ltd., resulting in IQ Martrade's exit. Following completion, Tata Steel and NYK (Europe) B.V. will hold 74% and 26% equity shareholding, respectively. TM International Logistics primarily serves Tata Steel's logistics and cargo transportation requirements through railway cargo transportation, port operations and cargo handling, freight forwarding, and value-added logistics services.
August 19, 2026
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Competition approval enables increased insurtech shareholding through a rights issue, crossing the prescribed ownership threshold in insurance businesses.
Competition approval has been granted for General Atlantic Singapore ACK Pte. Ltd. to acquire additional shareholding in Acko Technology & Services Private Limited through the target's rights issue, resulting in the acquirer crossing the 25% shareholding threshold on a fully diluted basis. The target is an Indian insurtech company with subsidiaries conducting licensed general and life insurance businesses, while another subsidiary awaits a corporate agency licence for insurance-policy distribution.
August 19, 2026
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India-Japan investment partnership prioritises technology, manufacturing and infrastructure collaboration, with Uttar Pradesh positioned for deeper Japanese commercial engagement.
India-Japan economic cooperation is positioned for deeper investment and commercial partnerships in manufacturing, technology, infrastructure, energy, defence, artificial intelligence, semiconductors, critical minerals, batteries and next-generation mobility. Uttar Pradesh is identified as a prospective destination for Japanese investment because of its workforce, connectivity, manufacturing base, MSME sector, export capacity, transport infrastructure and industrial clusters. Investment facilitation is associated with reforms in ease of doing business, digital public infrastructure and multimodal logistics.
August 19, 2026
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Carbon border adjustment compliance requires reliable emissions data, reporting, accreditation and verification throughout exporters' supply chains.
European Union Carbon Border Adjustment Mechanism compliance requires exporters to address covered products, embedded-emissions calculation, data collection, reporting, accreditation and verification. Preparedness across the export value chain depends on timely emissions data from suppliers and other stakeholders, supported by credible verification mechanisms. Capacity-building and engagement seek to facilitate workable compliance with evolving sustainability-related international trade requirements.

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Government Approves Sixteen (16) Proposals of Foreign Direct Investment (FDI) Amounting to ₹ 4,722 Crore Approximately

October 29, 2015

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Based on the recommendations of Foreign Investment Promotion Board in its meeting held on 29th September 2015, the Government has approved 16 (sixteen) proposals of Foreign Direct Investment amounting to ₹ 4,722 crore.

The following 16 (Sixteen) proposals have been approved:

Sl. No.

Item No.

Name of the applicant

Gist of the proposal

Sector

FDI

1

1

M/s Sun Pharma Research Advanced Company Limited

Approval sought to offer, issue and allot equity shares to FIIs, FPIs, NRIs and OCBs, pursuant to the Proposed Rights Issue, whether by way of renunciation or otherwise, upto an aggregate amount of ` 250 crore in the proposed rights issue of the company.

Pharma

250 crores

2

2

M/s Schulke India Pvt. Ltd.

Accepting transfer of local assets as part of a global acquisition agreement entered into between M/s Schulke GMBH and Advanced Sterilization Products (ASP) Division of Ethicon, Inc., a subsidiary of Johnson & Johnson Services Inc.

Pharma

76.2 crore

3

4

M/s Synergia Life Sciences Pvt. Ltd.

Approval to accept investment by M/s India Life Sciences Fund II LLC by subscribing to 428,725 equity shares of ₹ 10 each at a premium of ₹ 923 per share under private placement, constituting 30% of the share capital on a fully diluted basis.

Pharma

₹ 40 crore

4

5

M/s Strides Arcolab Limited

Approval has been sought for issuing shares to non-resident and resident equity shareholders of M/s Shasun Pharmaceuticals Limited under a scheme of merger

Pharma

nil(merger)

5

7

M/s MMI Strategic Investments (Pty) Ltd.

Approval sought for foreign Investment of 49% percent in an Indian health insurance company by subscribing to 4,92,16,177 equity shares of the company for INR 1,96,27,50,000.

Insurance

196 crores

6

8

M/s Safran Engineering Services India Private Limited

Approval has been sought for deletion of conditions in the last FIPB approval dated 03.02.2010

Services related to Defence Sector

nil

7

13

M/s  Multi Screen Media Private Limited

Approval  sought for deletion of Clause 7(b) of the FIPB Approval

Broadcasting

nil

8

16

M/s IVF Trustee Company

 approval of the FIPB for the proposed investments by Indium V and Cayman Fund of upto ` 2,880 million (approximately US$ 45 million) and ` 3,200 million (approximately US$ 50 million) respectively in units of IVF V. 

Venture Capital Fund (AIF)

608 crores

9

18

M/s International Trade and Exhibitions India Private Limited

Approval for proposed expansion of the scope of its business activities in printing, publishing and circulating or otherwise, dealing in all types of Books, scientific and technical magazines/ specialty journals/ periodicals and other publications but not in any manner dealing with news and current affairs.

Print Media

nil

10

19

M/s Aditya Birla Nuvo

 post facto approval for the issue of convertible warrants  to M/s Surya Kiran Investments Pte Ltd., Singapore,  on February 21, 2008.

Misc.

₹ 377 crores

11

20

M/s Energy City Navi Mumbai Holding Company

Post-facto approval for the transfer of Equity shares of  Fully & Compulsorily Convertible Debentures (CCDs)  in Valuable Properties Private Limited  by the applicant to its WoS i.e. VTMPL.

Construction and Development

₹ 139 crors (already brought in )

12

22

M/s Gulf Packaging Machines JLT

Approval for setting up LLP.

LLP

₹ 0.65 crores

13

23

M/s Blue Star Infotech Limited

approval sought for issuance of ESOPs to non-resident shareholders

IT/ITES

nil

14

24

M/s HDFC Capital Advisors Limited

Approval sought for issue of units to M/s Green Light A 2014 Trust. HDFC Fund proposes to make investments in equity, equity linked instruments, redeemable preference shares, non-convertible debentures and other debt securities of listed or unlisted investee companies engaged in real estate construction development projects which are permitted under the SEBI AIF Regulations as a Category II AIF.

Venture Capital Fund (AIF)

 2400 crore

15

26

M/s Indian Herbs Specialities Private Limited

Approval for receiving FDI by the way of  fresh subscription to shares and purchase of shares by the Investor from the existing shareholders to be issued to India 2020 Fund II, Limited

Pharma

75 crores

16

27

M/s AEGON RELIGARE LIFE INSURANCE COMPANY LIMITED

Approval sought for the transfer of shares of the company held by Bennett, Coleman & Company to AEGON India Holding B.V thereby raising the foreign shareholding from 26% to 49%.

Insurance

559.96 crores

The following 6(six) proposals have been deferred:

Sl. No.

Item No.

Name of the applicant

Gist of the proposal

Sector

1

9

M/s BF Elbit Advanced Systems Private Limited

Approval has been sought  for increasing the foreign shareholding from 26% to 49% by its existing shareholder

Defence

2

17

M/s Sharekhan Limited

Post facto approval for carrying on the commodities brokerage business through subsidiary and the depository services business by itself while there was investment made by foreign investors from time to time in Sharekhan.
II. Investment in Sharekhan by IDFC since IDFC was regarded as a foreign owned company from March 2011 till March 2014
III. Investment in Human Value Developers Private Limited by IDFC since IDFC was regarded as a foreign owned company from March 2011 till March 2014 and 
IV. Downstream investment made by Human Value Developers Private Limited in 2007 in M/s Sharekhan

NBFC

3

21

M/s Serap India Pvt. Ltd.

Permission for issue of  equity shares to with a premium of ₹ 10 per share against total outstanding dues of ₹ 11,47,64,901 towards purchase of capital goods, components and raw material from them and condonation of delay of 1215 days in applying for such permission.

Manufacturing

4

25

M/s Reliance Globalcom Ltd., Bermuda

Approval sought to purchase M/s GCX India Ltd., an Indian owned and controlled company

Telecom

5

29 &30

M/s Taurus Ventures Limited and M/s Capricorn Ventures Limited

Proposal 1:

M/s Taurus Ventures Limited has sought approval, for the issuance of shares to the shareholders of Max India pursuant to the Scheme and to have foreign shareholding of 37.08%  (NRI’s / OCBs - 0.99% FDI - 12.14% FIIs - 23.95%).
Proposal 2:

M/s Capricorn Ventures Limited has sought approval to have foreign shareholding for the issuance of shares to the shareholders of Max India pursuant to the Scheme and to have foreign shareholding of 37.08%  (NRI’s / OCBs - 0.99% FDI - 12.14% FIIs - 23.95%).

Miscellaneous(Demerger)

            The following 08 (eight) proposals have been rejected: 

Sl. No.

Item No.

Name of the applicant

Gist of the proposal

Sector

1

6

M/s Cipla Health Limited (yet to be incorporated)

 Approval sought for (i) Initial investment of `1,06,00,00,000 from FIL Capital Investments (Mauritius) II Limited in M/s Cipla Health Limited (yet to incorporated), by way of subscription to fresh equity shares and compulsory convertible preference shares up to a maximum of 26.11% of the share capital of Cipla Health limited, in the process of being incorporated by Cipla Limited 
(ii) Subsequent Investment of upto ` 15,66,00,000  by FIL Capital Investments (Mauritius) II Limited in subsequent rounds of Investment in a public limited company (i.e. Cipla Health Limited) in the process of being incorporated by Cipla Limited post the closing of the Initial Investment.

Pharma

2

10

M/s Menon Bearings Limited

Approval sought to enter defence production. They are currently involved in automobile related manufacturing.

Defence

3

11

M/s DW Animation Ireland Limited, Ireland

Approval for setting up of an LLP in India with FDI of (i) ` 99,980 amounting to ~ US $ 1,587 contributing 99.98% of the capita of LLP by DW Animation Ireland Limited; and (ii) `10 amounting to - USD 0.16 contributing 0.01% of the capital of LLP by Robert Alan Kelly.

LLP

4

12

M/s Atria Convergence Technologies Private Limited,

 Approval for 100% transfer of shares from existing shareholdersto new Foreign Investors Argan (Mauritius) Limited ("Argan") and TA FVCI Investors Limited ("TA FVCI")

Telecom and Broadcasting

5

14

M/s Vadatech India Private Limited

Permission to account all the expenses incurred prior to its incorporation and its bank account opening and to issue Equity shares at par, against amount transferred by M/s Vadatech Inc. USA, to the professional firm i.e. M/s. Navin Nayak & Associates.

LLP

6

15

M/s Meshlabs Software Private Limited,

 permission for Conversion of the Company [having FDI and NRI holding of 22%  into Limited LLP

LLP

7

28

APOLLO Hospitals Enterprise Limited

Approval has been sought by APOLLO Hospitals Enterprise Limited for allowing foreign investment in the share capital of the Company by the renunciation of the rights or otherwise, subject to RBI and other necessary approvals to residents outside India pursuant to the proposed Rights Issue.

Pharma, Healthcare and Insurance

8

31

ii5 Technologies Pvt ltd

ii5 Technologies Pvt ltd having 99.997% of foreign investment by ii5 Ventures Ltd , Singapore has applied for conversion of the existing Private Limited company to LLP.

LLP

             1 (one) proposal does not lie before FIPB: 

Sl. No.

Item No.

Name of the applicant

Gist of the proposal

Sector

1

3

M/s Shilpa Medicare Limited

Permitting FIIs and other Foreign Investors to acquire/ hold equity shares of the Company up to an aggregate limit of 30% of the paid up equity share capital.

Pharma

Topics

Acts Income Tax