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    US economy grows a sluggish 1.5% second-quarter with inflation remaining stubbornly high
    Gold rises Rs 1,000 to Rs 1.48 lakh/10g on fresh retail buying
    DFS Launches Protection & Indemnity Insurance Product under Bharat Maritime Insurance Pool (BMIP)
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July 30, 2026
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Economic growth and persistent inflation shaped slower output, import pressures, and continued interest-rate restraint despite resilient consumer spending.
United States economic growth slowed in the second quarter as increased imports reduced gross domestic product growth, despite stronger consumer spending and business investment linked to artificial intelligence. The preferred inflation measure moderated but remained above the central bank's target, with core consumer prices showing limited change. The benchmark interest rate was retained for a fifth consecutive meeting, though some regional presidents supported an increase to address elevated inflation. Employment growth and consumer spending continued to support economic resilience amid high living costs and energy-price pressures.
July 30, 2026
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Gold market volatility reflects retail buying, global price trends, currency movements, and weaker domestic demand linked to higher customs duty.
Gold prices rose on fresh buying by jewellers and retailers amid firm international trends, while silver prices declined. Improved domestic demand and a pullback in the US dollar supported gold, though a stronger rupee limited further gains. India's gold demand declined year-on-year during April-June, attributed to seasonally subdued sales, higher customs duty and an appeal to reduce purchases. Global gold demand remained broadly unchanged, while precious metals were expected to remain volatile and range-bound.
July 30, 2026
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Protection and indemnity insurance expands domestic maritime risk coverage for third-party liabilities and strengthens self-reliant insurance capacity.
Bharat Maritime Insurance Pool has introduced a sovereign-backed Protection & Indemnity insurance product to cover third-party maritime liabilities, including crew and cargo claims, pollution liability and wreck removal. The product expands the pool beyond cargo and hull war-risk coverage and is supported by combined indemnity capacity and a port-correspondent network. The pool is intended to maintain uninterrupted maritime war-risk insurance, build domestic underwriting capacity, strengthen maritime risk management, reduce foreign-market dependence and promote self-reliance in specialised insurance solutions.
July 30, 2026
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Cloud-native digital banking transformation integrates lending, cash management and liquidity tools while supporting scalable, resilient and compliant operations.
Digital banking transformation through a cloud-native software-as-a-service platform entails migration from legacy systems to integrated deposits, lending, virtual account management and liquidity-management capabilities. Real-time data, artificial intelligence foundations, open APIs and event-driven architecture are intended to support digital banking products, corporate cash management and operational agility. Liquidity tools are designed to provide visibility and control over cash positions and working capital. The implementation is intended to deliver scalability, resilience, security and high availability while assisting regulatory compliance; projected benefits remain subject to risks and uncertainties.
July 30, 2026
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Workplace culture recognition highlights continued investment in employee wellbeing, inclusion, learning, collaboration and growth at a stockbroking firm.
Workplace culture recognition was awarded to Kotak Securities through Great Place to Work Certification for a second consecutive year and inclusion among India's Best Workplaces in Investments 2026. The recognition followed assessment of employee feedback, workplace practices and organisational culture, reflecting employee trust, engagement and belonging. The company states that it will continue initiatives supporting employee wellbeing, learning and development, inclusion, collaboration and growth.
July 30, 2026
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Pro-competitive reforms strengthen market conditions through competition policy, investment review, trade facilitation, and reduced international regulatory barriers.
Structural and pro-competitive reforms between 2010 and 2023 are assessed as reducing market distortions and strengthening competitiveness. The assessment covers property-rights protection, domestic competition and international competition, including the Goods and Services Tax, Insolvency and Bankruptcy Code, regulatory improvements and trade-facilitation modernisation. Further priorities include evidence-based competition policy, consumer-welfare review of sector-specific investment restrictions, and cooperation to address international regulatory barriers.
July 30, 2026
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Aadhaar enrolment access expands through a new service centre, with coordinated efforts focused on improving young children's coverage.
Aadhaar enrolment in Manipur has reached approximately 87-88 per cent, with comparatively lower coverage among children aged 0-5 years. The first Aadhaar Seva Kendra in Imphal has been inaugurated to expand access to enrolment and Aadhaar-related services. The State Government is coordinating with welfare and health departments, hospitals and UIDAI to improve young children's enrolment, alongside services available through Deputy Commissioners' offices and authorised enrolment centres.
July 30, 2026
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Secured retail lending growth accompanied enhanced credit controls, digital lending processes, and branch expansion by a middle-layer non-banking finance company.
IndoStar Capital Finance Limited, a middle-layer non-banking finance company registered with the Reserve Bank of India, reported growth in secured used-vehicle finance and micro loans against property for the quarter ended June 30, 2026. It reported higher disbursements, assets under management and net interest income, alongside a lower weighted average cost of funds. The company also stated that it strengthened underwriting, customer-selection filters, scorecards and early-warning systems, while advancing electronic lending processes and expanding its branch and micro-loans-against-property network.
July 30, 2026
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Gold demand trends show central bank buying and OTC investment offsetting weaker ETF and jewellery demand.
Global gold demand remained broadly unchanged during the April-June quarter, with reduced gold exchange-traded fund, bar and coin investment offset in part by over-the-counter investment supported by Asian investors. Central banks and official institutions increased net additions to gold reserves, while high prices reduced jewellery volumes and encouraged demand for lighter products. Total supply was unchanged as increased mine production was offset by lower recycling. Investment is expected to drive future demand, while high prices may continue to constrain jewellery demand and recycling.
July 30, 2026
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Sports infrastructure PPP framework enables private stadium operation while requiring free coaching, child protection compliance, and student performance tracking.
The PPP framework permits private operators to modernise, operate and maintain school sports stadiums at their own cost, while providing free organised sports training to enrolled students. Operators may commercially offer paid coaching and facilities to external users outside school hours, subject to student-related obligations. Selection is based on technical eligibility and detailed evaluation of sports, PPP, operational and technology capabilities. Agreements have an initial five-year term, with possible extension based on performance, mutual consent and public interest. Child-protection compliance, bank-routed transactions and disqualification for insolvency or statutory and child-safety violations apply.
July 30, 2026
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Quarterly financial reporting highlights operational growth, FDA inspection compliance, product integration, and prior insolvency proceeds in pharmaceutical operations.
Quarterly financial reporting records revenue growth and improved EBITDA performance across CDMO, Complex Hospital Generics and Consumer Healthcare operations. CDMO growth was linked to order inflows, higher capacity utilisation, pricing discipline and commercial expansion, while quality compliance included an Establishment Inspection Report for the Sellersville facility and continued Zero Official Action Indicated status. The prior-year exceptional item related to one-time insolvency proceeds from a supplier claim filed before the NCLT. Consumer Healthcare growth was attributed to power brands, e-commerce, premiumisation, pricing and cost optimisation.
July 30, 2026
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Proposed e-Way Bill enhancements remain on hold, with no production changes required pending further communication.
Proposed e-Way Bill enhancements have been kept on hold until further notice. Stakeholders are not required to make production-environment changes pursuant to the earlier advisories concerning those enhancements. The related advisories and FAQs are to be withdrawn from the GST Portal pending further communication.
July 30, 2026
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Innovation-led industrial growth promotes deep-tech investment, startup commercialisation, technology-enabled MSMEs, quality manufacturing and global market expansion.
Innovation-led industrial growth is linked to deep technology, research and development, skilled manpower, startups, MSMEs and globally competitive manufacturing. Public initiatives include long-term risk capital for emerging technologies, affordable computing capacity and semiconductor investment support. Startups are encouraged to move from prototypes to commercialisation through industry adoption and early domestic investment. Manufacturing and MSME policy emphasise technology adoption, automation, productivity, branding and uncompromising quality. Free Trade Agreements are presented as supporting global market access and export expansion.
July 29, 2026
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Fraudulent Aadhaar enrolment allegations involve forged supporting documents, misuse of operator credentials, remote access, and continuing investigation.
Forgery of Indian identity and supporting documents is alleged in an interstate racket using false birth, domicile and school certificates to obtain Aadhaar cards for foreign nationals. The racket allegedly misused authorised Aadhaar enrolment operator login credentials and used virtual private networks and remote access to enrol applicants. The alleged mastermind was arrested, and investigation, including proposed custodial interrogation, remains ongoing.
July 29, 2026
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Citizenship proof requires more than identity, tax, electoral or banking records when nationality remains unestablished.
Voter identity cards, Aadhaar cards, PAN cards and bank-account records were treated as non-conclusive proof of Indian citizenship. The petitioner and detainee were required to establish citizenship under the Immigration and Foreigners Act, 2025, and an appeal against deletion from electoral rolls did not itself satisfy that burden. The inability to identify the burial locations of the detainee's parents prevented proposed DNA-based verification and supported an adverse inference concerning their citizenship.
July 29, 2026
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Corporate Mitra Scheme builds local compliance professionals to strengthen MSME regulatory, financial, taxation, accounting and governance support.
The Corporate Mitra Scheme develops qualified and accredited para-professionals to provide MSMEs with accessible, affordable compliance and business-support services. Corporate Mitras are intended to assist enterprises with regulatory compliance, finance, taxation, accounting and governance-related requirements, enabling MSMEs to focus on innovation, expansion and growth. IICA Shillong serves as the nodal agency for Northeast regional coordination, stakeholder liaison, promotion and awareness, with regional participation encouraged through reserved course seats and a fee concession.
July 29, 2026
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Amalgamation of Go Digit Infoworks with Go Digit General Insurance approved, with the general insurer continuing as surviving entity.
The Competition Commission of India approved the amalgamation of Go Digit Infoworks Services Private Limited, the holding company of Go Digit General Insurance Limited, with Go Digit General Insurance Limited as the surviving entity. Infoworks has no present market-facing business activities. Go Digit General provides general and health insurance products and services in India, with a specialised focus on general insurance.
July 29, 2026
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Competition approval enables Brookfield's indirect acquisition of Oaktree entities, combining alternative investment management businesses.
Competition approval was granted for Brookfield Asset Management Ltd. to indirectly acquire units in Oaktree Capital Group Holdings, L.P. and Oaktree Equity Plan, L.P., resulting in the acquisition of the Oaktree operating group of entities. Brookfield Asset Management is a global alternative asset manager, while the Oaktree group provides alternative investment management services.
July 29, 2026
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Processed dairy exports to Bhutan expand through compliance support, market access facilitation, and planned diversification of longer-shelf-life products.
Processed dairy exports from Assam to Bhutan commenced with a Purabi Ice Cream consignment exported by North East Dairy and Foods Limited and manufactured through Assam's cooperative dairy network. The Agricultural and Processed Food Products Export Development Authority supported export documentation, regulatory compliance, market access and stakeholder coordination. The initiative seeks to expand value-added dairy exports from the North Eastern Region, with plans to introduce longer-shelf-life products and increase exports according to market demand.
July 29, 2026
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Financial-market depth requires reliable liquidity, risk transfer, transparent products and shared institutional responsibility for resilient long-term financing.
Financial-market depth requires reliable liquidity and price discovery, efficient risk distribution, and diverse, meaningful participation across market conditions. Government and corporate bond markets, money markets, and foreign exchange and derivative markets should channel long-term savings into investment and enable management of interest-rate, currency and credit risks. Product innovation must serve genuine needs and be supported by suitability assessments, transparent disclosure, fair pricing, independent valuation and user risk-management capacity. Regulators, market institutions, issuers, investors and infrastructure providers share responsibility for resilient, transparent and trusted markets.

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News and Press Release

Regional Consultation by NITI Task Force on Agricultural Development under the chairmanship of Dr. Arvind Panagariya, Vice Chairman, NITI Aayog

February 13, 2016

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The Taskforce on Agricultural Development led by the Vice Chairman, NITI Aayog Dr. Arvind Panagariya held a consultation meeting with Southern States in Bengalaru. Representatives from Andhra Pradesh, Karnataka, Kerala, Tamilnadu, Telangana, Puducherry, A&N Island, Lakshadweep attended the deliberations. The Task force was constituted in March, 2015 by NITI Aayog to operationalize the decisions taken in the first meeting of NITI’s Governing Council in February last year.  

The meeting was presided over by the Vice Chairman of NITI Aayog, Dr. Arvind Panagariya, The representatives from the southern states appreciated the efforts of the NITI Aayog and favorably pitched for the preparation of model land leasing act by NITI Aayog and other interventions for raising productivity and remunerative prices for the farmers. The States like Andhra Pradesh favored for better risk adaptation mechanism and farmer led extension. States also shared their best practices in the area of agriculture &water resources. Increasing employment in Agriculture with remunerative prices of their produce was emphasized upon by various States. River linking and water conservation and harvesting was also discussed. The strengthening of agricultural co-operatives was also emphasized.

The States were represented by Senior Officers including Chief Secretaries, Additional Chief Secretaries, Principal Secretaries of Agriculture and Allied Sectors, Directors and other Senior Officers’ of State Departments. Adviser (Agri.), NITI Aayog made presentation on recommendations of the NITI Aayog's Task Force Report on Agricultural Development.  

The Taskforce on Agricultural Development was set up on 16th March, 2015 by NITI Aayog to operationalize the decision taken in the first meeting of NITI’s Governing Council held on 8th February, 2015 under the Chairmanship of Prime Minister. Dr. Arvind Panagariya, Vice Chairman NITI Aayog is the Chairman of the Task Force. The Task Force held consultations with various stakeholders such as experts, farmers & farmer’s representatives, scientists, activist and NGOs.  An occasional paper on ‘Raising Agricultural Productivity and Making Farming Remunerative for Farmers’ has been prepared and put in public domain. It can be accessed on the web-site of the NITI Aayog (www.niti.gov.in). The Task Force has now started consultations with the States and Union Territories to seek their inputs/suggestions and finalize the Report. The first meeting with Central and Western States was held on 5th February, 2015 at Gandhinagar.  

The meetings of the task force assume significance in the backdrop of the fact that agriculture and allied activities employ about 49% of the nations’ total workforce. However, this sector accounts for only 14% of the GDP indicating the dependence of a large worker population on a relatively small income. It implies that rejuvenation of agriculture is essential to provide relief to the vast population. This calls for new initiatives to address the issue of low and declining water tables, chronic water stresses in parts of southern, central and western India and bringing Green Revolution to eastern states and rain-fed regions. At the same time, for diversification beyond crops into horticulture, vegetables, livestock, poultry and fisheries, higher water use efficiency followed by the enhanced investment in seeds would also be required. Besides, there are continuing issues like achieving efficiency in fertilizer use (NPK balance) and improve soil health via soil analysis, soil health cards, soil health campaigns and reforming fertilizer subsidy. Investment and reforms in agricultural research and extension and agricultural marketing are also important.  Access to credit and other government support to tenants through a transparent and credible land leasing act along with safeguarding the rights of the land owner are also included in the Task Force’s occasional paper.

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