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    September 2, 2026
    After 35 years, India's sovereign rating upgraded to 'A-' by JCR on solid growth, resilient financial system
    September 2, 2026
    Rupee rises 22 paise to close at 94.73 against US dollar
    September 2, 2026
    India draws record USD 127 bn forex deposit in special drive
    September 2, 2026
    Banks mobilise USD 127.23 billion in deposits from Indian diaspora: RBI
    September 2, 2026
    CBI Arrests CGST Additional Commissioner and Two others in Rs. 40 Lakh Bribery Case in Raigad, Maharashtra
    September 2, 2026
    Haryana: SGST collections grow 29 pc in first 5 months of 2026-27
    September 2, 2026
    Lokta Opens Its Agentic Loan Servicing Platform to NBFCs Up to Rs 100 crore, with No Platform Fee for Up to Two Years
    September 2, 2026
    RTI seeks Aadhaar date-of-birth changes after pre-poll Bihar pension hike; UIDAI says no such data
    September 2, 2026
    HIGHLIGHTS
    September 2, 2026
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    September 2, 2026
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    Union Minister of Commerce & Industry Shri Piyush Goyal Chairs CEO Roundtable on Ease of Doing Business for Scaling India’s Data Centre Ecosystem
    September 2, 2026
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    September 2, 2026
    PM Surya Ghar Yojana 2026: How to Get Rs 78,000 Solar Subsidy & Cut Your Electricity Bill
    September 2, 2026
    Japan's JCR upgrades India's sovereign rating to 'A-', cites solid growth, improved financial system
    September 2, 2026
    In personal insolvency case before NCLAT, Subhash Chandra opposes formation of 5-member NCLT bench
    September 2, 2026
    GoCredit Launches Free Loan App Checker to Verify If a Lending App Is Real, Fake or RBI Registered
    September 2, 2026
    Rupee falls 2 paise to 94.97 against US dollar in early trade
    September 2, 2026
    Senior bureaucrats attend IICA’s ‘weekend wisdom’ program initiave
    September 2, 2026
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September 2, 2026
After 35 years, India's sovereign rating upgraded to 'A-' by JCR on solid growth, resilient financial system
Show AI Summary
Sovereign credit rating upgrade reflects resilient economic growth, fiscal quality, financial-system soundness, and external-sector resilience.
Japan Credit Rating Agency upgraded India's foreign-currency and local-currency long-term issuer ratings to A-, citing solid economic growth, strengthened growth-oriented policies and improved financial-system soundness. Improved banking asset quality, insolvency mechanisms, government capital infusion and stronger central-bank supervision support financial resilience. Fiscal quality has improved through greater infrastructure-focused capital expenditure and restraint in current spending, while a contained current-account deficit, services surplus and substantial foreign-exchange reserves support resilience to external shocks.
September 2, 2026
Rupee rises 22 paise to close at 94.73 against US dollar
Show AI Summary
Currency-market intervention and foreign capital inflows supported rupee resilience amid higher crude prices and dollar strength.
Foreign capital inflows and modest foreign institutional equity purchases supported rupee appreciation against the US dollar despite weak domestic equities, elevated crude oil prices and a stronger dollar. RBI monitoring and apparent currency-market intervention supported the rupee amid risk aversion, higher US Treasury yields and concerns over crude supply disruptions. Forthcoming US employment data remained relevant to dollar and rupee direction.
September 2, 2026
India draws record USD 127 bn forex deposit in special drive
Show AI Summary
Foreign-currency non-resident deposits bolster external liquidity through hedging support and lending flexibility during global market uncertainty.
Foreign Currency Non-Resident (Bank) [FCNR(B)] deposits are fixed-term foreign-currency deposits for non-resident Indians, with principal and interest repayable in the deposit currency and without direct rupee exchange-rate risk. A special central-bank programme mobilised substantial FCNR(B) deposits, alongside overseas foreign-currency borrowings and external commercial borrowings, to strengthen foreign-exchange liquidity. Banks received hedging-cost support and permission to lend against the deposits. The facility was closed earlier than scheduled after its mobilisation objective was met.
September 2, 2026
Banks mobilise USD 127.23 billion in deposits from Indian diaspora: RBI
Show AI Summary
Foreign currency swap facility accelerated FCNR(B) deposit window closure after substantial diaspora inflows, while borrowing windows remain open.
Special USD-INR foreign-exchange swap facility for FCNR(B) deposits, Overseas Foreign Currency Borrowings and External Commercial Borrowings was introduced to strengthen the external sector and support foreign-exchange liquidity. FCNR(B) deposits, under which principal and interest are repayable in the same foreign currency, generated the principal share of inflows. Strong diaspora participation led to advancement of the FCNR(B) window closure. The swap facility for Overseas Foreign Currency Borrowings and External Commercial Borrowings remains open until December 31, 2026.
September 2, 2026
CBI Arrests CGST Additional Commissioner and Two others in Rs. 40 Lakh Bribery Case in Raigad, Maharashtra
Show AI Summary
GST bribery allegations led to a trap operation against officials and an intermediary in a quarrying matter.
Criminal investigation concerns alleged solicitation and acceptance of an undue advantage by CGST officials in connection with settling a GST/royalty matter involving a stone-quarrying firm. The officials allegedly arranged for a private person to collect the payment. A trap operation resulted in the private person being caught while accepting the alleged undue advantage. Searches at the accused persons' premises led to recovery of cash and jewellery, while further investigation continues.
September 2, 2026
Haryana: SGST collections grow 29 pc in first 5 months of 2026-27
Show AI Summary
State GST collection growth outpaced national expansion during the first five months, alongside increased VAT and CST receipts.
Haryana's SGST collections increased by 29 per cent during April-August of financial year 2026-27, exceeding the national growth rate of 16 per cent. August 2026 post-settlement SGST revenue rose by 21 per cent, compared with national average growth of 13 per cent. Haryana accounted for less than 4 per cent of national GST taxpayers but contributed approximately 7.7 per cent of aggregate national SGST, CGST and IGST collections. VAT/CST collections rose by 13.8 per cent during the same period.
September 2, 2026
Lokta Opens Its Agentic Loan Servicing Platform to NBFCs Up to Rs 100 crore, with No Platform Fee for Up to Two Years
Show AI Summary
NBFC loan servicing governance retains lender control through deterministic decision rules, maker-checker controls, reconciled migration and optional AI assistance.
Lokta Next 100 offers RBI-registered NBFCs with loan books up to Rs 100 crore post-approval loan servicing, accounting, reporting, analytics, collections, recovery and partner-management functions, excluding pure-play microfinance NBFCs. Credit, approval and money decisions remain with the lender. Maker-checker approval applies to every change, and migration requires line-by-line reconciliation before cutover. Records remain lender-owned, hosted in India and exportable. AI may propose changes but cannot post to the ledger; deterministic lender-policy rules decide changes. Platform fees are deferred for up to 24 months, subject to stated loan-book thresholds.
September 2, 2026
RTI seeks Aadhaar date-of-birth changes after pre-poll Bihar pension hike; UIDAI says no such data
Show AI Summary
RTI access to maintained records does not require creation of Aadhaar date-of-birth update data on demand.
UIDAI did not maintain separate Aadhaar data on date-of-birth updates in Bihar following the announced social security pension enhancement, including month-wise or district-wise compilations. No internal review or flagging of unusual update patterns was available or applicable in its records. The Central Information Commission clarified that the RTI framework does not require a public authority to create, compile or generate information that it does not maintain in the form requested. The initial CPIO response treating the information as outside the RTI Act was considered inappropriate.
September 2, 2026
HIGHLIGHTS
Show AI Summary
Transgender arrest and detention safeguards prompt calls for a standard operating procedure and clearer procedural protections.
Legal and regulatory issues include safeguards for arrest and detention of transgender persons, consultation requirements in Bar Council policy-making, and procedural accountability in electoral administration and policing. Personal insolvency proceedings raise questions about tribunal powers to constitute an expanded bench. Hospitality operators are expected to comply strictly with food-safety and hygiene norms. Proposed restrictions on minors' social-media accounts address cyberbullying, online exploitation, and harmful screen exposure.
September 2, 2026
IC Electricals Secures Approx. ₹6 Crore Railway Orders and ₹1 Crore Export Order
Show AI Summary
Railway equipment purchase orders and export order expand IC Electricals' domestic and international business pipeline.
IC Electricals Company Limited has secured railway purchase orders for electrical and electronic supplies and an export order, creating combined order inflow across domestic railway operations and international markets. Its product portfolio includes regulators, battery chargers, emergency lights, inverters, microprocessor-based control systems, alternators, traction motors, and permanent magnet alternators with controllers. Forward-looking statements on business plans, projects, and research and development remain subject to risks and uncertainties and may differ materially from actual results.
September 2, 2026
Additional Information related to GDP Estimates Received After Release of Q1 Estimates of FY 2026-27
Show AI Summary
Double deflation explains negative manufacturing GVA deflators when input prices rise faster than output prices.
Double deflation in manufacturing separately deflates gross output and intermediate consumption, with real GVA derived from their difference. Where input prices rise faster than output prices, nominal GVA may grow more slowly than real GVA, producing a negative implicit GVA deflator despite rising output and input prices. A negative manufacturing GVA deflator therefore does not establish a fall in manufactured-product prices or lower real growth. The implicit GDP deflator is a derived ratio between current-price and constant-price GDP and differs from CPI and WPI because of their distinct coverage, weights, and price concepts.
September 2, 2026
Union Minister of Commerce & Industry Shri Piyush Goyal Chairs CEO Roundtable on Ease of Doing Business for Scaling India’s Data Centre Ecosystem
Show AI Summary
Data centre ease-of-doing-business reforms target reliable power, prepared land, streamlined approvals and building standards for faster infrastructure deployment.
Ease-of-doing-business reforms for India's data-centre ecosystem focus on faster and sustainable infrastructure deployment through reliable power, ready-to-use land, streamlined approvals and suitable building regulations. Proposed power measures include cluster-based transmission planning, first-day sanctioned load, dual feeders and cross-border renewable-energy procurement. Data-centre-ready land banks and power-ready parcels are intended to reduce development timelines. The National Building Code 2026 recognises data centres under Group E and contains a dedicated annex on fire-risk assessment and data-centre-specific performance indicators.
September 2, 2026
India–Afghanistan Joint Working Group on Trade Holds Virtual Meeting; Reviews Measures to Strengthen Bilateral Trade and Economic Cooperation
Show AI Summary
Trade facilitation and customs cooperation drive follow-up action on connectivity, regulatory coordination, investment promotion and bilateral commercial engagement.
India-Afghanistan bilateral trade and economic cooperation is being advanced through institutional engagement on trade facilitation, customs cooperation, connectivity, investment and commercial exchange. Priority areas include customs and data-sharing cooperation, visa facilitation for traders, banking and financial cooperation, pharmaceutical and agricultural trade, energy cooperation, tariff concessions, cargo connectivity and port-related matters. Follow-up action covers regulatory cooperation, improved connectivity, investment promotion and business-to-business engagement.
September 2, 2026
PM Surya Ghar Yojana 2026: How to Get Rs 78,000 Solar Subsidy & Cut Your Electricity Bill
Show AI Summary
Residential rooftop solar subsidy requires eligibility, prior approval, registered installation, net metering, commissioning, and verified bank details for direct transfer.
PM Surya Ghar Muft Bijli Yojana provides central financial assistance for eligible grid-connected residential rooftop solar systems, capped at Rs. 78,000 for systems of three kilowatts or more. Applicants must be Indian citizens who own a suitable house, hold a valid electricity connection, and have not received an earlier solar-panel subsidy. Applications require portal registration, distribution-company feasibility approval, installation through a registered vendor, net metering, inspection, commissioning and submission of bank details. Assistance is transferred directly after verification. State-specific net-metering procedures, approvals and additional incentives may apply.
September 2, 2026
Japan's JCR upgrades India's sovereign rating to 'A-', cites solid growth, improved financial system
Show AI Summary
Sovereign credit rating upgrade reflects solid growth, stronger financial systems, and improving fiscal and external resilience.
JCR upgrades India's foreign-currency and local-currency long-term issuer ratings to A- with a stable outlook, citing sustained economic growth, productivity-oriented policies and improved financial-system soundness. Fiscal constraints include elevated deficits, intergovernmental fiscal transfers, electoral-cycle sensitivity, and high combined government debt and interest burdens. Greater emphasis on infrastructure capital expenditure has improved the quality of fiscal spending. External resilience is supported by a contained current account deficit, services surplus and foreign-exchange reserves exceeding short-term external debt.
September 2, 2026
In personal insolvency case before NCLAT, Subhash Chandra opposes formation of 5-member NCLT bench
Show AI Summary
Personal insolvency bench constitution and repayment-plan eligibility remain contested where a larger tribunal bench stays a third-member order.
Personal insolvency proceedings raised a challenge to the National Company Law Tribunal's authority to constitute a five-member bench after a split verdict. The challenge contended that the mechanism for differing views permits reference to another member or members, but does not authorise a five-member bench. The larger bench stayed the third member's order, restricted asset alienation, and suspended an order permitting settlement of personal-guarantee claims. The dispute concerned the validity of that bench, the split-verdict reference procedure, repayment-plan eligibility, and pending creditor appeals.
September 2, 2026
GoCredit Launches Free Loan App Checker to Verify If a Lending App Is Real, Fake or RBI Registered
Show AI Summary
Digital lending app verification enables borrowers to identify regulated lenders, grievance channels, and warning signs before accepting loans.
GoCredit's Loan App Checker allows borrowers to search lending apps against the public Digital Lending App directory and identify the regulated lender, grievance contact and RBI Ombudsman escalation route where a match exists. Regulatory reporting by regulated entities enables app-level verification, while borrowers should also check the lender named in app disclosures and loan agreements. A directory listing is a regulated-entity disclosure, not RBI approval or endorsement. Unmatched apps should be assessed through verification steps and reported through official channels where appropriate.
September 2, 2026
Rupee falls 2 paise to 94.97 against US dollar in early trade
Show AI Summary
Rupee depreciation in early trade reflected oil-price pressures, risk aversion, higher Treasury yields and broad dollar strength.
Early foreign-exchange trading saw the rupee weaken against the US dollar amid renewed US-Iran tensions, risk aversion, higher Brent crude prices, and a stronger dollar. Safe-haven demand, inflation concerns linked to potential oil-supply disruption, expectations of a September Federal Reserve rate increase, and higher US Treasury yields supported the broad dollar rally. RBI monitoring of the rupee's decline was noted.
September 2, 2026
Senior bureaucrats attend IICA’s ‘weekend wisdom’ program initiave
Show AI Summary
Responsible AI governance requires ethical safeguards, privacy protection, accountability and adaptive oversight to build lasting corporate stakeholder trust.
Responsible artificial intelligence governance requires continuous innovation, inclusive development, responsible deployment and trust-based governance. AI systems should be ethical, safe, transparent, fair and human-centric, with safeguards for privacy, bias, security and accountability. Proportionate and adaptive regulation should provide clear accountability, standards, monitoring, auditability and grievance redressal. Good governance, cybersecurity, personal data protection and responsible AI together strengthen organisational resilience, stakeholder trust, transparency and sustainable innovation.
September 2, 2026
NLMC to Facilitate E-Auction of 459 RINL Land Parcels in Visakhapatnam
Show AI Summary
E-auction of surplus public land enables transparent outright sale of RINL parcels through registered, KYC-verified bidding.
National Land Monetization Corporation will facilitate the e-auction and outright sale of 459 encumbrance-free RINL land parcels, including residential plots and parcels suited for commercial and logistics use. Competitive bidding will occur through the RailTel E-Nivida e-procurement platform. Participation requires online registration, KYC verification, and plot-wise submission of an earnest money deposit within prescribed timelines. The process supports transparent monetisation of surplus land and non-core public assets.

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Department for Promotion of Industry and Internal Trade (DPIIT) recognizes 59,787 entities as startups in the last 5 years

December 7, 2022

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In the last five years (years 2017, 2018, 2019, 2020 and 2021) 59,787 entities were recognised as startups by the DPIIT, Minister of State in the Ministry of Commerce and Industry, Shri Som Parkash said in reply to a parliament question.

Under Startup India Initiative, entities are recognized by the Department for Promotion of Industry and Internal Trade (DPIIT) as startups as per eligibility conditions prescribed under G.S.R. notification 127 (E) dated 19th February, 2019. As on 30th November 2022, 84,102 entities have been recognised as startups by the DPIIT.

Recognized startups are spread across 56 sectors. The State/ UT wise number of entities recognised as startups by the DPIIT in the last five years (years 2017, 2018, 2019, 2020, and 2021) is as under:

States

2017

2018

2019

2020

2021

Andaman and Nicobar Islands

1

2

8

5

13

Andhra Pradesh

97

158

174

231

296

Arunachal Pradesh

  

2

2

  

4

Assam

34

67

67

119

187

Bihar

46

145

154

258

390

Chandigarh

21

25

39

53

69

Chhattisgarh

56

118

158

153

165

Dadra and Nagar Haveli and Daman and Diu

4

1

3

5

12

Delhi

713

1,147

1,371

1,765

2,178

Goa

19

43

41

67

80

Gujarat

278

434

591

878

1,709

Haryana

253

474

694

806

1,060

Himachal Pradesh

9

16

28

41

56

Jammu and Kashmir

13

43

37

64

132

Jharkhand

35

85

88

163

191

Karnataka

828

1,172

1,659

1,729

2,141

Kerala

158

320

647

699

919

Ladakh

      

1

  

Lakshadweep

      

1

  

Madhya Pradesh

101

287

327

423

557

Maharashtra

1,047

1,607

2,118

2,671

3,703

Manipur

3

7

6

12

37

Meghalaya

  

2

5

  

9

Mizoram

  

2

1

1

2

Nagaland

4

2

2

5

7

Odisha

105

163

184

277

389

Puducherry

3

15

10

13

17

Punjab

28

63

92

146

240

Rajasthan

137

241

349

493

619

Sikkim

1

  

2

1

3

Tamil Nadu

252

448

602

755

1,103

Telangana

303

496

592

798

980

Tripura

  

2

7

23

11

Uttar Pradesh

385

764

873

1,370

1,966

Uttarakhand

43

69

97

114

162

West Bengal

170

269

300

394

682

Grand Total

5,147

8,689

11,328

14,534

20,089

 AD/KP/MS

 ANNEXURE-II

 ANNEXURE REFERRED TO IN  REPLY TO PART (a) OF THE  LOK SABHA UNSTARRED QUESTION NO. 130 FOR ANSWER ON 07.12.2022.

 Sector-wise number of entities recognised as startups by the DPIIT in the last five years (years 2017, 2018, 2019, 2020, and 2021) is as under: 

S. No.

Sector

2017

2018

2019

2020

2021

1

Advertising

50

90

113

107

125

2

Aeronautics Aerospace & Defence

27

74

97

111

208

3

Agriculture

168

307

521

630

1,101

4

AI

70

213

336

291

324

5

Airport Operations

 

 

 

2

3

6

Analytics

57

100

112

95

143

7

Animation

5

11

13

15

13

8

AR VR (Augmented + Virtual Reality)

39

66

90

58

90

9

Architecture Interior Design

19

46

66

97

99

10

Art & Photography

35

32

39

44

48

11

Automotive

82

140

179

259

418

12

Biotechnology

 

 

 

11

99

13

Chemicals

15

40

60

118

213

14

Computer Vision

21

31

44

47

47

15

Construction

79

207

347

559

869

16

Dating Matrimonial

3

8

13

12

14

17

Design

51

103

96

118

113

18

Education

295

743

771

930

1,298

19

Enterprise Software

141

234

310

257

288

20

Events

21

40

59

63

80

21

Fashion

60

110

129

190

240

22

Finance Technology

154

232

429

469

592

23

Food & Beverages

170

357

533

643

1,010

24

Green Technology

129

267

380

352

314

25

Healthcare & Lifesciences

471

738

995

1,403

1,894

26

House-Hold Services

39

72

89

113

101

27

Human Resources

50

140

210

325

382

28

Indic Language Startups

58

 

 

13

61

29

Internet of Things

133

260

289

243

223

30

IT Services

578

1,358

1,601

1,944

2,211

31

Logistics

 

 

 

17

168

32

Marketing

67

239

262

363

347

33

Media & Entertainment

86

161

217

241

268

34

Nanotechnology

10

18

24

28

25

35

Non- Renewable Energy

11

23

35

400

762

36

Other Specialty Retailers

28

63

72

159

110

37

Others

839

5

0

89

981

38

Passenger Experience

 

 

 

 

4

39

Pets & Animals

12

21

29

34

50

40

Professional & Commercial Services

185

376

492

784

1,121

41

Real Estate

34

79

124

125

120

42

Renewable Energy

135

279

303

365

518

43

Retail

113

238

282

411

406

44

Robotics

27

69

92

84

88

45

Safety

12

25

34

55

69

46

Security Solutions

36

82

102

151

242

47

Social Impact

37

62

82

87

133

48

Social Network

57

81

124

109

124

49

Sports

25

41

66

83

87

50

Technology Hardware

144

255

332

555

577

51

Telecommunication & Networking

47

101

94

160

186

52

Textiles & Apparel

58

98

124

197

308

53

Toys and Games

 

 

 

4

79

54

Transportation & Storage

97

162

252

285

254

55

Travel & Tourism

67

192

265

206

242

56

Waste Management

 

 

 

23

199

Grand Total

5,147

8,689

11,328

14,534

20,089

 

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