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    PROVISIONAL ESTIMATES OF WHOLESALE PRICE INDEX, OUTPUT PRODUCER PRICE INDEX, AND TRIAL INPUT PRODUCER PRICE INDEX FOR THE MONTH OF JULY 2026, AND FINA...
    Logistics Data Bank Tracks 10 Crore EXIM Containers, Provides Visibility across Logistics Chain
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    WPI inflation eases to 9.78 pc in July on softening in fuel prices
    IDFC FIRST Bank secures its first international rating with Investment Grade from S&P Global Ratings
    DRI busts illegal drug manufacturing facility in Jewar, UP; 30 kg drugs seized and two persons arrested
    UCO Bank launches IFSC Banking Unit at GIFT City
    Banking sector has key role to play as India on way to become 3rd largest economy: Gujarat CM
    India's exports to US rise 12.85 pc in Jul; shipments to China jump 64.57 pc: Govt data
    50 tonnes of copper without e-way bills seized by Delhi GST, Railways joint team
    India's exports surge 19.6 pc in Jul; trade deficit widens to six-month high
    CBI ARRESTS CGST SUPERINTENDENT IN BRIBERY CASE
    The cumulative exports (merchandise & services) during April-July 2026-27 is estimated at US$ 316.42 Billion, as compared to US$ 279.63 Billion in Apr...
    Unlimit Mobile Ties Up with ICICI Bank Canada, RBC Royal Bank to Add Mobile Connectivity Benefits to Student GIC Journey
    Standard Chartered Accelerates India's GCC Growth with its Global Banking Expertise and 25 Years of GCC Experience
    IFSCA Grants Nexent Capital GIFT City Investment Banking License
    India's exports rise 19.63 pc to USD 44.24 bn in Jul; trade deficit widens to $31.98 bn
    Vizhinjam port to commence EXIM operations from Aug 18: Kerala CM Satheesan
    Ratul Puri: Beyond Low-Cost Power to Clean Energy Reliability
    PMS Bazaar Collaborates with NSDL Database Management Limited (NDML Accreditation Agency) to Expand Access to SEBI Accredited Investor Certification
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August 14, 2026
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Wholesale and producer price indices show July inflation movements, provisional estimates, final revisions, and manufacturing input-price trends.
Wholesale Price Index, Output Producer Price Index, and trial Input Producer Price Index estimates under the 2022-23 base-year series set out provisional July 2026 measures and final May 2026 revisions. All-commodities WPI stood at 110.0 in July 2026, with year-on-year inflation of 9.78 per cent. The all-commodities Output PPI was unchanged at 109.9, while the trial Input PPI for manufacturing was provisionally estimated at 105.9. Final May WPI, Output PPI and trial Input PPI measures were revised from their respective provisional estimates.
August 14, 2026
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Logistics data visibility enables EXIM container tracking, operational analytics and multimodal shipment monitoring across India's logistics chain.
Logistics Data Bank provides near real-time visibility of India's EXIM container movement through technology-based tracking and stakeholder monitoring tools. RFID-based coverage extends across ports, terminals, inland logistics facilities, rail networks, industrial zones, borders and highways. The platform uses RFID, Internet of Things, Big Data and Cloud technologies, with analytics on dwell time, transit time, and port and terminal performance to identify logistics bottlenecks. LDB 2.0 adds high-seas tracking of export containers and multimodal shipment visibility.
August 14, 2026
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International organic buyer-seller linkages support Tripura producers through direct sourcing engagement, market access and sustainable export opportunities.
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August 14, 2026
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Wholesale price inflation moderation was driven by softer fuel prices, while manufactured goods and primary articles recorded higher inflation.
Wholesale price inflation moderated in July, led by a decline in fuel and power inflation and a marginal easing in food-article inflation. Inflation in manufactured products and primary articles increased, making the moderation uneven across groups. Mineral oils, food articles, basic metals, non-food articles, food products, and chemical products remained significant inflation drivers. The output Producer Price Index remained unchanged year-on-year, with lower manufacturing and mining inflation offset by higher agriculture and electricity producer-price inflation.
August 14, 2026
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International investment-grade issuer ratings support expanded foreign-currency funding, trade finance, correspondent banking and cross-border financial market access.
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August 14, 2026
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Clandestine psychotropic drug manufacturing faces enforcement targeting precursor chemicals, concealed laboratories, illicit production networks and trafficking operations.
Enforcement action against clandestine manufacture of psychotropic substances led to the detection of a residential drug-production facility. Searches recovered amphetamine and intermediary forms, precursor chemicals, reagents, raw materials, and manufacturing equipment. Field testing indicated the presence of amphetamine, a psychotropic substance regulated under the Narcotic Drugs and Psychotropic Substances Act, 1985. The recovered apparatus and materials indicated illicit manufacture, while preliminary investigation pointed to short-term, intermittently operated facilities intended to conceal production activities.
August 13, 2026
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International banking unit expands cross-border financing, trade finance and foreign-currency service access through GIFT City operations.
UCO Bank has launched an International Financial Services Centre Banking Unit at GIFT City to provide permitted international banking services. The unit offers trade finance, external commercial borrowings, foreign-currency loans, loan syndication, treasury services and other permitted financial services. It serves Indian corporates, exporters, importers, financial institutions, overseas businesses and other eligible customers requiring cross-border financing and access to global financial markets. FCNR(B) deposits are also offered through the unit.
August 13, 2026
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Last-mile credit access is prioritised through timely lending, wider beneficiary coverage, digital support and stronger fraud vigilance.
Banking-sector participation is emphasised through last-mile credit access for MSMEs, women entrepreneurs, rural artisans, small farmers and other underserved beneficiaries. Banks are urged to expedite government-scheme applications, maximise coverage and use technology for timely financial support. Industrial-policy assistance and incentives cover startups, SC/ST entrepreneurs, persons with disabilities and first-generation entrepreneurs. Greater coordination, expanded village banking access, and vigilance against cyber fraud and mule accounts are also prioritised.
August 13, 2026
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Merchandise trade growth saw rising exports to major markets alongside increased imports and continuing United States trade-pact negotiations.
India's merchandise trade data records increased July exports to the United States and China, alongside growth in imports from both markets. Exports to Singapore, the United Arab Emirates, the Netherlands, Germany, South Africa, Tanzania, Australia, Malaysia, Sri Lanka, Italy and Vietnam showed positive growth, while July exports declined for the United Kingdom, Bangladesh, Saudi Arabia and Nepal. Imports also increased from Russia, Korea, Singapore, Germany, Oman, Malaysia, Taiwan and Brazil. India and the United States are negotiating a trade pact amid an additional United States tariff on India.
August 13, 2026
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GST transport documentation enforcement addresses freight movement of metals without valid e-way bills and invoices under applicable rules.
GST enforcement action led to the seizure of copper and aluminium ingots transported by freight train without valid e-way bills and invoices. The metals were found in three train wagons during inspection of parcel cargo. Further proceedings are to be undertaken under applicable GST rules concerning movement of goods without prescribed transport documentation.
August 13, 2026
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Merchandise trade deficit widens as import growth outpaces exports despite strong petroleum, electronics and engineering shipments.
Merchandise trade in July 2026 saw exports rise 19.63 per cent and imports increase 17.52 per cent, widening the trade deficit to a six-month high. Petroleum products, electronics, engineering goods and marine goods supported export growth, while crude oil and several commodity and capital-goods categories increased imports. During April-July 2026-27, faster import growth widened the cumulative merchandise trade deficit compared with the corresponding prior-year period.
August 13, 2026
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Bribery allegations in GST enforcement prompted arrest after alleged payment demand to avoid a tax-liability notice.
Bribery allegations involving GST enforcement led to the arrest of a CGST Superintendent after a complaint alleged that payment was demanded from a private company to avoid issuance of a tax-liability demand notice and to close the matter. A trap operation resulted in the public servant being apprehended while allegedly accepting part of the demanded bribe, and the amount accepted was recovered. Searches were undertaken, and investigation remained ongoing.
August 13, 2026
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Trade performance shows rising merchandise and services exports, but faster import growth expands the overall trade deficit.
India's combined merchandise and services exports and imports increased in July 2026 and April-July 2026-27, while the overall trade deficit widened. Cumulative exports were estimated at US$ 316.42 billion and imports at US$ 365.85 billion, resulting in a trade deficit of US$ 49.43 billion. Merchandise exports, non-petroleum exports, and exports excluding petroleum and gems and jewellery grew, led by petroleum products, electronic goods, engineering goods and chemicals. Services trade recorded a cumulative surplus of US$ 69.17 billion.
August 13, 2026
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Student GIC referral programmes integrate connectivity credits with funding verification and post-arrival banking arrangements for eligible international students.
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August 13, 2026
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Global Capability Centre banking support connects offshore and onshore operations to simplify financial management and enable cross-border expansion.
Global Capability Centre banking support is positioned around connected offshore and onshore banking, international network access, digital banking platforms, and expertise in treasury centres, cross-border corporates, and evolving GCC operating models. The approach seeks to simplify financial operations and support GCC expansion across global markets. India's GCC ecosystem is characterised as a leading global capability hub, with capability centres evolving into strategic enterprise hubs requiring support for operational and financial complexities across markets.
August 13, 2026
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Investment banking registration enables regulated cross-border offerings, listings, debt transactions and capital-market advisory through GIFT City.
IFSCA registration under the IFSCA (Capital Market Intermediaries) Regulations, 2025 authorises Nexent Capital IFSC Private Limited to operate as an investment banker from GIFT City. Permitted activities include management of initial and follow-on public offerings, SPAC and secondary listings, depository receipt issuances, debt capital-market transactions, and other capital-market advisory mandates. The firm proposes to provide transaction structuring, listing-readiness, execution and post-listing capital-markets support for companies seeking capital raising and listing opportunities through GIFT City's exchanges.
August 13, 2026
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Merchandise export growth was driven by petroleum, electronics, engineering and marine goods, while rising imports widened the trade deficit.
India's merchandise exports increased in July, while imports also rose and widened the trade deficit. Export growth was attributed to higher overseas shipments of petroleum products, electronics, engineering goods and marine goods. Exports and imports both recorded growth during the April-July fiscal period, and exports to West Asian countries increased in July.
August 13, 2026
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EXIM operations at international seaport to commence after customs clearance, bonded-area establishment, and temporary highway connectivity.
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August 13, 2026
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Renewable energy reliability requires storage, grid readiness and ancillary service markets alongside competitive clean-power procurement.
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August 13, 2026
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Accredited Investor certification facilitates eligible investors' access to alternative investment products, lower thresholds and applicable regulatory flexibilities.
SEBI's Accredited Investor framework enables eligible investors and entities to obtain certification that may allow lower minimum investment thresholds for Portfolio Management Services, Alternative Investment Funds and other alternative investment products, along with applicable regulatory flexibilities. PMS Bazaar and NSDL Database Management Limited's Accreditation Agency facilitate end-to-end applications, subject to required documentation and prescribed payment. Assistance is available to individual investors and eligible clients of investment providers without additional platform, service or processing charges, while prescribed certification fees remain payable.

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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