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    Axis Bank sees religious tourism, defence, MSMEs as key growth areas in UP
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September 7, 2026
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Digital payment transparency for religious institutions supports direct trust-account donations, reconciliation, and technology-led banking services.
Digital donation collection facilities for temples and religious establishments include kiosks, Bharat Bill Payment System payments and UPI QR-code payments. Donations may be credited directly to the relevant trust account, supported by transaction reconciliation and digital records to improve transparency and ease of transactions. Technology services also cover municipal dues payments and property-tax assessment, alongside banking support for defence-sector ecosystems, MSMEs, agriculture and priority-sector lending.
September 7, 2026
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Rupee exchange-rate movement reflected crude oil pressures, domestic equity weakness, foreign inflows, and a softer dollar.
Foreign-exchange market conditions resulted in the rupee closing weaker against the US dollar after initial support from foreign currency deposit inflows. Rising crude oil prices and weakness in domestic equity markets weighed on sentiment and offset support from a softer dollar and foreign investor equity purchases. Future movement may remain influenced by foreign inflows, crude oil prices, domestic market conditions, geopolitical tensions and inflation data.
September 7, 2026
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Surrogate advertising allegations challenge notices targeting brand ambassadors and raise jurisdiction and hearing concerns for product promoters.
Challenge to surrogate advertising allegations concerns notices requiring brand ambassadors promoting Vimal Elaichi to prove that it differs from prohibited pan masala, halt promotions, and remove digital materials. The product promoter contests the notices because they were addressed only to the actors, it was not heard, and the regulator allegedly lacked jurisdiction to stop the advertisements. Territorial jurisdiction to entertain the challenge is also contested.
September 7, 2026
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Free trade agreements and cyber-fraud prevention feature in India's stated strategy for economic growth, security, and digital protection.
India's external economic strategy relies on diplomatic engagement, strategic partnerships and free trade agreements to sustain growth amid geopolitical uncertainty. Cooperation extends to defence, technology, energy, investment and trade, as well as digital public infrastructure, disaster relief and capacity building. Internal and border security are treated as conditions for national development, while police responsibilities include community safety, maritime protection and tourist safety. Growing cyber-fraud risks linked to the digital economy are addressed through coordination with states and the national cybercrime helpline.
September 7, 2026
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Financial fraud prevention advances through accessible complaints, cyber awareness, intelligence-sharing, and AI-based detection of mule accounts.
Financial-fraud prevention measures rely on coordinated review of alleged fraud, unauthorised deposit collection, complaints, market intelligence, investor protection and cyber threats. The SACHET portal supports market intelligence and complaints concerning unregulated financial activities through multilingual and accessibility features. MuleHunter.ai uses artificial intelligence and machine learning to identify mule accounts used in fraudulent fund flows. Financial-literacy programmes and accessible educational initiatives promote safe banking, fraud awareness and coordinated responses to cyber-enabled financial crime.
September 7, 2026
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Technology-driven tax dispute resolution supports faster tribunal processes, reduced litigation, and improved taxpayer services through digital filing and assessments.
The Kolkata Bench of the Income Tax Appellate Tribunal is intended to expedite tax-dispute resolution across 12 states, including seven northeastern states, while advancing impartial, accessible and swift justice. Its administrative role includes improving justice delivery, reducing pendency and pursuing AI-driven digital transformation. The Income Tax Department and the Tribunal seek reduced litigation and improved taxpayer services through technology-driven measures, including faceless assessment and electronic filing.
September 7, 2026
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Appeals against NIL or Zero GST demand orders are enabled where taxpayers paid liabilities before issuance of the order.
GST Portal validation restricting appeals against demand orders showing NIL or Zero demand has been removed where a liability dispute exists and the taxpayer made payment before issuance of the demand order. Taxpayers may challenge such orders by filing an appeal in Form GST APL-01, and may raise a ticket with the GST Helpdesk if filing difficulties arise.
September 7, 2026
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Certificate of origin API integration enables exporters to submit applications, receive certificates, verify issuance, and reduce repetitive data entry.
Open API integration for Certificates of Origin enables eligible exporters to connect ERP, accounting and other business software with the Trade Connect e-Platform for electronic application submission. The facility covers preferential and non-preferential certificates, provides authentication, file-submission and certificate-verification APIs, and maintains a transaction ledger for application tracking. Security measures include digital signatures, password hashing, IP whitelisting and time-limited access tokens. Relevant origin criteria, fields and validation rules are automatically applied according to the selected trade agreement or certification scheme.
September 7, 2026
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Free trade agreements and strategic partnerships were identified as supporting India's trade engagement and economic growth amid geopolitical disruption.
India's international economic engagement through free trade agreements and strategic partnerships was identified as a means of sustaining economic growth amid geopolitical disruption. Economic cooperation was described as extending across defence, technology, energy, investment and trade. Nine free trade agreements were stated to have been concluded by 2026, with further trade arrangements proposed with other countries. Pursuit of free trade agreements was linked to increasing trade and to reported first-quarter GDP growth in the financial year 2026-27.
September 7, 2026
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Leadership, talent recognition and legacy framed a discussion linking cricketing performance with entrepreneurship and organisational responsibility.
No FEMA or RBI regulatory measure, compliance obligation, legal interpretation, or adjudicatory determination is identified. The subject matter concerns leadership, performance and entrepreneurship, with emphasis on preparation, decision-making under pressure, teamwork, recognising potential and supporting talent. Corporate success is linked with creating opportunities, contributing to society and building a lasting legacy. Zaggle is described as providing enterprise spend management, card-based financial products through banking partnerships and software offerings for corporate customers.
September 7, 2026
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AI-driven digital markets require competition scrutiny of autonomous pricing, self-preferencing, discriminatory pricing, tying, and market manipulation.
Artificial intelligence may accelerate anti-competitive conduct in digital markets through self-preferencing, discriminatory pricing, tying and market manipulation. Agentic AI may create particular concerns where it monitors competitors' prices and autonomously responds without direct human intervention. Competition law aims to prevent anti-competitive practices, promote competition, protect consumers and preserve freedom of trade, while allowing legitimate growth and innovation. Market dominance is not objectionable in itself; concern arises from abuse of dominance through exclusionary or exploitative practices.
September 7, 2026
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Healthcare innovation and supply-chain self-reliance are prioritised through trade access, investment, research collaboration, testing infrastructure, and quality standards.
Healthcare-sector development priorities seek to expand medical devices, diagnostics, digital health, research, and pharmaceutical machinery through exports, import substitution, and services growth. Free trade agreements are presented as supporting preferential market access, services opportunities, and mobility. Sectoral growth is linked to startup incubation, intellectual-property capability, international research collaboration, technology transfer, and joint ventures. Healthcare self-reliance requires indigenous equipment, critical components, resilient supply chains, shared testing and certification infrastructure, and uncompromising quality standards.
September 7, 2026
Show AI Summary
Medical value tourism quality standards prioritise verified hospitals, ethical treatment, transparent pricing, and seamless international patient care.
Medical value tourism is proposed to expand through trained caregivers, transparent treatment packages, ethical hospital practices, seamless reimbursement and cashless-payment systems, telemedicine, and verified hospital participation. International patients are intended to receive care through accredited quality systems, supported by interpreters, global outreach, and coordinated healthcare networks. Expansion beyond metropolitan areas must maintain equivalent high-quality care for domestic and foreign patients without discrimination. Certification systems are expected to remain professionally independent and free from unethical influence.
September 7, 2026
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Foreign exchange market pressures from rising crude oil and weak domestic equities constrained rupee support from foreign inflows.
Foreign exchange market conditions caused the rupee to depreciate against the US dollar despite support from FCNR dollar inflows and a softer dollar. Rising crude oil prices, weak domestic equities and global headwinds constrained gains. The outlook remained dependent on foreign inflows, dollar movements, crude prices, market sentiment and inflation data, with geopolitical tensions capable of increasing pressure on the currency.
September 7, 2026
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Healthcare supply-chain resilience requires diversified sourcing, global investment, domestic innovation, and stronger medical-device production supported by enabling infrastructure.
Healthcare supply-chain resilience requires diversified sourcing, restoration of domestic capacity in Active Pharmaceutical Ingredients and Key Starting Materials, and continued imports where necessary through multiple suppliers and geographies. Pharmaceutical industry growth should move beyond generics towards research, development, patented products, new molecules, biosimilars and biotechnology. Regulatory convergence should support clinical trials, patenting and new-product introduction. Government support is contemplated for medical value travel, healthcare infrastructure, bulk drug parks, plug-and-play facilities, medical-device component production and scientific validation of Ayush products.
September 7, 2026
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Foreign exchange market pressures offset rupee support from FCNR inflows amid higher crude oil and dollar demand.
The rupee gained marginally against the US dollar, supported by FCNR-related dollar inflows and robust liquidity. Elevated Brent crude prices, safe-haven dollar demand and geopolitical tensions constrained this support. Higher oil prices may enlarge India's import bill, increase dollar demand and pressure the rupee, although rising foreign-exchange reserves indicated external-sector strength.
September 6, 2026
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Census data privacy and electoral integrity concerns emerge alongside calls to repeal insolvency law and protect political dissent.
CPI(M) called for repeal of the Insolvency and Bankruptcy Code, alleging that insolvency processes enabled diversion of public resources. It questioned economic growth figures against agricultural weakness, mining contraction, higher input costs, inflation, unemployment and malnutrition. The party also raised Census data privacy concerns over caste-data collection, potential linkage with government databases, and possible implications for citizenship, electoral rolls and future delimitation.
September 6, 2026
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Food business licensing: Third-party restaurant operators require their own licences and cannot operate under another entity's registration.
Food Business Operator licensing requires the entity holding a food licence or registration to itself conduct the licensed food business at the specified premises. A third-party operator cannot operate under another entity's licence or registration and must obtain its own licence or registration. Regulatory notices concerning such arrangements may also address hygiene lapses and structural violations, followed by consideration of the operators' responses.
September 6, 2026
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European diesel supply dependence on alternative refiners grows amid constrained exports, weakening transatlantic flows, and restricted shipping routes.
European diesel supply is becoming increasingly dependent on Indian refining capacity as Russian diesel and gasoil exports remain constrained by export restrictions, refinery disruptions and port outages, while US shipments to Europe have weakened. Alternative supply routes offer limited additional clean-product volumes because reduced tanker crossings and lower ship-to-ship transfers offshore Oman constrain flows through the Strait of Hormuz. Low diesel inventories, seasonal demand and planned refinery maintenance increase exposure to supply disruptions.
September 5, 2026
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Tariff-driven inflation and elevated borrowing costs constrain growth, while durable deficit reduction may require spending restraint and tax increases.
Persistent inflation, elevated interest rates and rising public debt constrain economic growth policy. Tariffs and oil shortages are identified as contributing to inflationary pressures, while lower interest rates could increase money flows and worsen inflation. Tariffs, tax cuts, artificial intelligence productivity gains and anti-fraud measures are advanced as mechanisms to support growth, investment and domestic employment. Fiscal sustainability, however, cannot be achieved through growth alone where social security and healthcare costs exceed revenue growth; deficit reduction may require slower spending, spending reductions and tax increases.

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NPG under PM GatiShakti recommends 4 Infrastructure projects at its 46th Session

April 7, 2023

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NPG under PM GatiShakti recommends 4 Infrastructure projects at its 46th Session

All 4 projects of Railways; 3 on Broad Gauge line and 1 on Automatic Block Signaling

The Network Planning Group (NPG) under PM GatiShakti at its 46th session examined and recommended 4 Infrastructure projects. The meeting was chaired by the Special Secretary, Logistics Division, DPIIT, Ms. Sumita Dawra and saw active participation of senior officials from key member ministries/departments including Department of Telecommunication (DoT), M/o Environment, Forest and Climate Change, M/o Railways, M/o Ports, Shipping and Waterways, M/o Civil Aviation, M/o Power, NITI Aayog, M/o Road Transport and Highways, M/o Petroleum and Natural Gas and M/o New and Renewable Energy. During the meeting 4 projects by M/o Railways were examined by the NPG and recommended. These projects will be developed in tandem with the PM GatiShakti Principles using the integrated and holistic approach. These projects will also provide multimodal connectivity, seamless movement of goods and passengers as well as increase logistics efficiency across the country.

A project by the Ministry of Railways for construction of Broad-gauge double line between Sawai Madhopur and Jaipur in Rajasthan state was examined by the NPG. The project spans approximately 131 kilometers from Sawai Madhopur to Jaipur and is deemed to be a significant infrastructure initiative. Upon completion, the project is expected to improve the line capacity to 71% (without maintenance block) and 80% (with maintenance block) by the year 2026-27. The Jaipur-Sawai Madhopur route serves as a feeder to the Delhi-Mumbai route, and it represents the primary conduit connecting Jaipur, its environs, and Mumbai, southern and eastern parts of India. The proposed project would help alleviate congestion in the existing single line network, resulting in uninterrupted traffic flow.

Further, the National Planning Group (NPG) has evaluated a project proposed by the Ministry of Railways for the construction of a new Broad-gauge line between Anand Nagar Ghughuli via Maharajganj on Northeastern Railway in Uttar Pradesh state. The proposed project spans approximately 53 kilometers from Anand Nagar and would be constructed as a Broad Gauge (BG) Line. It is anticipated that the project would enhance economic development of the region by providing a direct B.G. route to the project area. The new line would serve as an alternate and shorter route for trains traveling from Valmikinagar to Gonda via Maharajganj without having to stop at Gorakhpur Junction. Passengers would benefit from this new line as the only transportation currently available in this section is by road. Additionally, the railway line is expected to facilitate the movement of cement, fertilizer, coal, and food grains, thus providing benefits to the related industries. Moreover, the railway line would enable freight movement to Nepal.

Another project by the Ministry of Railways for construction new Broad-Gauge line between Junagarh to Nabarangpur station in Odisha state was examined by the NPG. The proposed project spans approximately 116 kilometers from Junagarh to Nabarangpur. The construction of this new line is expected to reduce the distance from Bailadela iron ore mines to various steel plants in the Raipur region by 131 kilometers. Additionally, it is anticipated that the project would facilitate the logistics of steel plant, and goods sheds at Junagarh Road, Jeypore, Koraput, and other goods sheds on the RV line, which are the points of multi-modal logistics. This new line would provide an alternative route for the movement of coal from Visakhapatnam, Gangavaram, and Kakinada ports to various steel plants in the Raipur region. The provision of road-rail intermodal logistics is expected to enhance traffic to goods sheds at Jeypore, Junagarh Road, and Nabarangpur.

Last project by the Ministry of Railways was for Provision of Automatic Block Signaling on Freight Dense high utilization network on Western Railway. The project aims to cover 895 RKM and four major sections of Western Railway in Maharashtra & Gujarat State. The project will bring the balance freight dense High Utilization Network (HUN) Routes under the ambit of ABS, as ABS on High Density Network (HDN) routes of WR has already been sanctioned or exists. The benefit of the project includes enhanced line capacity and section speed to 130 kmph from 110 kmph that is likely to lead to cost reduction for the Railways and increase the overall logistics efficiency. This will result in a reduction of train detention and travel time, especially in the Udhna – Jalgaon, Ahmedabad – Palanpur, Ahmedabad- Viramgam- Samakhiyali, and Viramgam- Rajkot sections. Additionally benefits includes possible decongestion of road traffic and positive impact on the environment by reducing carbon footprint.

The 46th Session of the Network Planning Group (NPG) took place on 03.04.2023 in New Delhi.

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