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    IEPFA Organises Stakeholder Engagement with Nodal Officers of Companies on Integrated IEPFA Portal 2.0
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August 8, 2026
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Integrated investor claim portal modernisation advances digital KYC, streamlined verification, stakeholder-informed safeguards, and efficient investor claim settlement services.
Integrated IEPFA Portal 2.0 is proposed to modernise investor claim processing through digital KYC, pre-filled Form IEPF-5, entitlement search, and a simplified e-Verification Report filing workflow. Stakeholder feedback included Aadhaar eKYC address validation, KYC for authorised representatives, entitlement-letter validation checks, bulk DSC and eSign functionality, integration of approved IEPF Form-4 data, lower-value share valuation using NSE and BSE data, and alerts for frequent address changes to prevent fraud.
August 7, 2026
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Foreign capital inflows supported the rupee despite geopolitical uncertainty, oil-price pressures, and volatile global market sentiment.
Foreign capital inflows supported a marginal strengthening of the rupee against the US dollar despite global risk aversion arising from uncertainty surrounding negotiations affecting the Strait of Hormuz. Higher crude oil prices and weak domestic equity sentiment remained relevant pressures. Near-term currency movement was expected to depend on developments in the negotiations, weekend decisions, US employment data, the dollar index, crude oil prices, and the reported increase in foreign exchange reserves.
August 7, 2026
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Energy security through diversified sourcing protected fuel supplies during Hormuz disruption and supports domestic exploration and alternative fuels.
Energy security measures based on diversified crude oil and LPG sourcing, expanded infrastructure, increased domestic LPG production and alternative fuels were presented as maintaining fuel availability during disruption of shipping through the Strait of Hormuz. Domestic resilience is also linked to support for private deep-water oil and gas exploration, opening offshore acreage, and expansion of compressed biogas and ethanol blending. Ethanol-blended petrol testing identified limited contamination instances rather than a systemic issue, while excise duty reductions were described as cushioning consumers against global fuel-price volatility.
August 7, 2026
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Credit valuation adjustment framework revises derivative capital requirements through flexible basic approaches, hedge recognition, and risk-sensitive counterparty treatment.
Credit Valuation Adjustment framework revisions align CVA capital treatment with final Basel III standards. Eligible banks may use the full or reduced basic approach, while banks with an insignificant volume of non-centrally cleared derivatives may calculate their CVA capital charge at 100 per cent of the counterparty credit risk capital charge. The draft also clarifies CVA hedge recognition, introduces risk weights sensitive to sector and credit quality, and separates systematic and idiosyncratic CVA risk in the full basic approach.
August 7, 2026
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Leverage ratio framework amendments propose Basel-aligned capital adequacy standards, with public feedback invited on the draft directions.
Proposed amendments to the leverage ratio framework would revise Chapter VII of the 2025 Commercial Banks Prudential Norms on Capital Adequacy Directions to implement the Basel Committee's Leverage Ratio 2017 Standard. Public comments and feedback on the draft Eleventh Amendment Directions, 2026, are invited until August 28, 2026, through the designated online platform, postal submission, or email.
August 7, 2026
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BHAVYA Scheme project selection uses challenge-based evaluation of infrastructure, industrial ecosystems, and policy enablers under prescribed eligibility criteria.
BHAVYA Scheme Phase-I proposals submitted by State and Union Territory governments will be evaluated and scored under prescribed eligibility and evaluation criteria. Challenge-based project selection considers connectivity and site suitability, quality of core, value-added and social infrastructure in the detailed project report, and the industrial ecosystem and policy enablers. The Scheme guidelines provide for completion of the first-phase selection process within one year from notification.
August 7, 2026
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Multilateral trade cooperation preserves developing economies' policy space while advancing MSME finance, diversified value chains and digital services.
BRICS ministers adopted measures supporting a development-centred multilateral trading system with the World Trade Organization at its core, preservation of Special and Differential Treatment, binding two-tier dispute settlement, and developing economies' policy space for food security and public stockholding. MSME measures include study of an invoice discounting mechanism and credit-assessment principles focused on cash flow rather than collateral. Value-chain measures provide for a GVC Action Plan, technical cooperation, Special Economic Zone cooperation and digitised trade documents, alongside principles for trusted cross-border digitally delivered services.
August 7, 2026
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Digital public procurement promotes transparent sourcing, reduced seller charges, competition monitoring and evidence-based spending oversight through an integrated marketplace.
Government e-Marketplace digitises public procurement through a unified platform promoting transparency, efficiency, good governance and wider supplier participation. Seller-facing measures include reduced transaction charges, exemption of smaller orders, a cap on maximum transaction fees and reduced vendor assessment fees. The platform uses Artificial Intelligence and Machine Learning tools to identify suspected cartelisation, collusion and order splitting, while its digital transactional trail supports expenditure monitoring, identification of inefficiencies and evidence-based policy interventions.
August 7, 2026
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Criminal justice, extremist-material regulation and administrative schemes feature in reports on prosecutions, demolition practices, loan waivers and fuel policy.
Criminal justice reports cover bail and an expedited trial in an assault prosecution, arrest for allegedly sheltering an accused, allegations of rape and murder of a minor, and claimed irregularities in a police recruitment examination. Regulatory developments include a ban on extremist literature associated with proscribed organisations and judicial disapproval of coercive demolition. Administrative coverage includes farmer loan-waiver transfers following Aadhaar authentication and debate over the E20 fuel-blending programme.
August 7, 2026
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Foreign exchange reserves rose as foreign currency assets, gold holdings, Special Drawing Rights and IMF reserve position increased.
India's foreign exchange reserves increased during the week ended July 31, principally because of higher foreign currency assets and gold reserves. Foreign currency assets include US dollar valuation effects arising from movements in currencies such as the euro, pound and yen. Special Drawing Rights and India's reserve position with the International Monetary Fund also increased. The movement followed measures to attract foreign exchange inflows, including an FCNR(B) measure, after earlier reserve declines associated with rupee pressure and dollar sales for foreign exchange market intervention.
August 7, 2026
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Farm loan waiver eligibility depends on verified beneficiary status and Aadhaar authentication for direct credit of eligible crop-loan relief.
The farm loan waiver scheme covers eligible short-term crop loans within the prescribed ceiling and eligibility period. Waiver amounts are credited to verified bank accounts after field verification and completion of Aadhaar authentication. Aadhaar authentication is the operative condition for automatic processing of benefits, while eligibility rules and technical conditions have raised concerns about exclusion of distressed farmers.
August 7, 2026
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Corporate agency distribution expands access to life insurance products, supporting insurance awareness, financial inclusion and long-term household financial protection.
A corporate agency arrangement enables J&K Bank to distribute SBI Life Insurance protection, savings, retirement and child-oriented life insurance plans through its branch network. The partnership aims to improve insurance access, awareness, financial literacy and long-term financial planning for households, particularly in Jammu & Kashmir and Ladakh. It is intended to expand insurance penetration, strengthen household financial protection and support financial inclusion in line with the IRDAI vision of "Insurance for All by 2047".
August 7, 2026
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Cross-border smuggling controls target narcotics, poppy seeds and areca nuts entering through the Indo-Myanmar border region.
Cross-border smuggling enforcement targeted methamphetamine, foreign-origin poppy seeds and areca nuts allegedly brought from Myanmar. Methamphetamine concealed in an ambulance was seized under the NDPS Act, 1985. Poppy seeds and areca nuts recovered in separate operations were seized under the Customs Act, 1962. Poppy-seed imports are restricted to designated countries and require registration to ensure traceability and prevent illicit produce entering legitimate supply chains. The enforcement action addresses circumvention of customs controls and regulated import requirements.
August 7, 2026
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Direct benefit transfer for welfare pensions replaces cooperative-bank doorstep delivery, while retaining limited home service for excluded beneficiaries.
Direct Benefit Transfer for social security and welfare pensions is to be made through Aadhaar-linked bank accounts, replacing cooperative-bank doorstep delivery. Home delivery remains available for bedridden persons and others who cannot be excluded. The change is associated with delays in remitting undistributed amounts, record-update failures, reconciliation issues, duplicate payments, and incomplete Aadhaar-based payment implementation. Concerns have been raised that mandatory bank-account credit may disadvantage beneficiaries dependent on doorstep delivery.
August 7, 2026
Show AI Summary
Direct Benefit Transfer for welfare pensions replaces doorstep cooperative-bank delivery, while home delivery remains for bedridden beneficiaries.
Direct Benefit Transfer of social security and welfare pensions is to be made mandatory through Aadhaar-linked bank accounts, replacing cooperative-bank doorstep distribution. Home delivery continues for completely bedridden beneficiaries and others who cannot be excluded. The change addresses delays in remitting undistributed amounts, record-update and reconciliation deficiencies, duplicate payments linked to incomplete Aadhaar-based payments, delivery incentive costs, and the need to comply with Direct Benefit Transfer norms to avoid loss of central financial assistance.
August 7, 2026
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Customs trade data show moderating July growth while high-technology exports, vehicles and advanced manufacturing supplies remain strongly supported.
Customs and trade data showed that China's July export and import growth moderated and its trade surplus narrowed from the preceding month. Typhoon-related port disruptions affected trade flows, but demand for electronics and green technology products supported elevated values. High-technology items, vehicles, electronics and machinery recorded strong January-July export growth, while trade performance varied among the United States, the European Union and Southeast Asia.
August 7, 2026
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BRICS industrial cooperation advances MSME, photovoltaic, startup and logistics frameworks alongside resilient trade and digital services collaboration.
BRICS industrial cooperation under PartNIR was strengthened through a Joint Declaration and institutional measures addressing MSMEs, photovoltaics, startup-led innovation, and resilient transport and logistics. The measures include an SME cooperation framework, Terms of Reference and an Action Plan for photovoltaic industry cooperation, and a startup innovation action plan. Trade discussions focused on the multilateral trading system, MSME participation in international trade, resilient global value chains, and cross-border digitally delivered services within a rules-based trading framework.
August 7, 2026
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Certified organic export promotion: BIOFACH INDIA facilitates buyer-seller engagement, certification awareness, traceability discussions and international market access.
BIOFACH INDIA 2026 promotes certified organic exports by providing a platform for Indian organic enterprises to showcase diverse certified products and engage with overseas buyers through structured Buyer-Seller Meets. Technical sessions address organic certification, traceability, sustainability, quality standards, international regulatory requirements and export-market expectations. The initiative supports quality assurance, international market access, export linkages and sustainable agricultural practices across the organic value chain.
August 6, 2026
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Device-based loan recovery restrictions protect essential mobile functions while permitting gradual locking only for lender-financed devices.
Technology-based recovery mechanisms cannot restrict or disable a borrower's mobile device unless the bank financed acquisition of that device. Where permitted, banks must adopt a gradual approach and preserve essential functions, including incoming calls, SMS access, and emergency SOS features. Regulated entities and service providers must obtain manufacturer or operating-system certification for device-locking technology. Disclosure of borrower or guarantor information to recovery personnel must be limited to what is necessary for loan-recovery duties.
August 6, 2026
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Bilateral trade agreement negotiations should secure tariff certainty, protect key exports, strengthen supply chains, and support vulnerable small industries.
An early Bilateral Trade Agreement is proposed to protect Indian interests, secure tariff exemptions for key exports, reduce barriers affecting industrial products, and create predictable trade conditions. Recommended measures include financial and export-credit support for small industries, real-time monitoring of customs requirements, documentation assistance, and timely policy support against tariff and non-tariff barriers. Export strategy should develop knowledge services and critical supply-chain integration, while a National Fund should assist suppliers with redesign, tooling, certification and entry into new global supply chains.

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PMLA, Black Money & ED

Year End Review 2023: Ministry of Statistics and Programme Implementation

December 18, 2023

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MoSPI represents India on various international Statistical fora

India elected in United Nations Statistical Commission (UNSC) as a member for a term of four years

Through UNSC, MoSPI will have a crucial role in defining international standards, concepts and methodologies in Official Statistics

MoSPI publishes Monthly data/statistical indicators with a minimum possible time lag which is at par with the best international standards

Adopts Computer Aided Personal Interview (CAPI) for conducting surveys for faster validation and improved data quality

Technological improvement helps in reduction of Time lag of release of survey results including Quarterly Bulletins of Periodic Labour Force Survey (PLFS) from 9 months to 2-3 months from the completion of field work

Data visualization section added in the MoSPI’s website for the first time relating to NAS/GDP, CPI, PLFS and IIP

Organizes Data users’ conferences for users and stakeholders attended by experts from academia, industries, media, researches

Releases revised Guidelines on MPLAD Scheme and launches new Web- Portal for implementation of Revised Fund Flow Procedure under the Scheme

Publishes Environmental Statistics covering a wide range of topics including air  and water quality, waste generation and disposal, biodiversity and land use, greenhouse gas emissions and energy consumption

International Cooperation and Coordination with Multilateral agency

Ministry of Statistics and Programme Implementation (MoSPI) represents India on various international Statistical for a. As a befitting recognition of the Indian Statistical System, India has been elected in United Nations Statistical Commission (UNSC) as a member for a term of four years starting 1st Jan 2024 (after two-decades of vacuum). Through UNSC, MoSPI will have a crucial role in defining international standards, concepts and methodologies in Official Statistics.

In addition, India had been re-elected as (a) one of the three Vice Chairs of the Bureau of UN ESCAP Committee on Statistics (CST) and (b) to the Governing Council of Statistical Institute for Asia and the Pacific (SIAP) for the period 2022-2024.

Benchmarking of few important statistical products

MoSPI carried out benchmarking of few important statistical products with the best practices followed by other National Statistical Offices (NSOs). Various monthly data/statistical indicators like CPI and IIP are published by MoSPI, with a minimum possible time lag which is at par with the best international standards. The same is true for NAS/GDP quarterly as well as annual estimates.

Computer Aided Personal Interview (CAPI)

Regarding systemic improvement and timely publication of data, modern IT tools are being adopted for improved data capturing and processing by MoSPI. As a part of this, all the ongoing surveys are now being conducted in CAPI (Computer Assisted Personal Interview), loaded with in-built Computer Scrutiny Points (CSP), for data validation at different stages of data capturing, which is a cloud based digital platform ensuring simultaneous data processing. It enables faster validation and improved data quality along with time cycle involved in publishing the survey result.

This technological improvement caused a drastic reduction in the time lag of release of survey results including Quarterly Bulletins (QB) of Periodic Labour Force Survey (PLFS) from 9 months to 2-3 months from the completion of field work. The time lag in release of PLFS Annual Report 2022-23 has also been brought down to around 3 months from 8 months of release of PLFS Annual Report 2021-22 from end of survey period.

Data visualization

The Ministry attempted modernization of its website-based on feedback from various users, a data visualization section has been added in the MoSPI’s website for the first time. To begin with this section contains visualizations related to four databases of MoSPI, viz. NAS / GDP, CPI (Rural, Urban, Combined), PLFS and IIP. With this experience, we are expanding the scope and coverage to integrate data of other line Ministries/Departments. Participants of data users’ conference appreciated these features under the website.

Data users’ conferences:

Since October 2022, MoSPI organized three data users’ conferences for users and stakeholders. To begin with, MoSPI covered National Account Statistics (NAS) in these conferences, which were attended by experts from academia, industries, media, researches etc. The initiative is well appreciated by the participants.

Release of revised Guidelines on MPLADS and launch of new Web-Portal

MoSPI administers Members of Parliament Local Area Development Scheme (MPLADS), which enables Members of Parliament (MPs) to recommend works of developmental nature with emphasis on  creation of durable community assets based on the locally felt needs. The Scheme is governed by a set of guidelines, which has been revised and came into effect from 01.04.2023.

The Ministry has launched a web-portal for implementing fund flow procedure. The new web-portal incorporates several technology-enabled functionalities covering the entire lifecycle of a MPLADS development project and online monitoring system such as online work recommendation, online sanction/rejection, dashboards, alert generation, automatic generation of utilization/completion certificate, payment to vendors etc. The new system has brought greater improvements in functioning, implementation and monitoring of the MPLAD Scheme in line with the Digital India.

Data Governance Quality Index (DGQI) of NITI Aayog

MoSPI's score has risen from 4.08 of previous edition (2021-22/Q4) to 4.27 in the current edition (2022-23/Q4). Amongst Strategic Ministries/Departments,     in which MoSPI is placed, it occupies second position.

Swachhata Pakhwada

MoSPI celebrated Special Swachhata Pakhwada from 1st July to 15thJuly 2023. During this fortnight, a wide range of Swachhata related activities were conducted including workshops, various types of competitions for children, health camps, street plays, rallies, Swachhata Awareness drives etc.  in various schools, hospitals, orphanages, markets, industrial areas and villages across the country apart from offices of the Ministry.

Gender Statistics

The Ministry organized a seminar on "Role of Gender Statistics in Policy Making “in the month of March 2023.The 24th issue of publication titled "Women and Men in India 2022 " on 15.03.2023 to commemorate International Women's Day. The publication is a comprehensive and insightful

document, which helps us understand the disparities that exist between different groups of women and men.

Environmental Statistics

The publication "EnviStats India 2023 Vol. I: Environment Statistics " has been released on 31.03.2023, covering a wide range of topics, including air  and water quality, waste generation and disposal, biodiversity and land use, greenhouse gas emissions, and energy consumption. "Envistats India Vol.II: Environment Accounts" was released on 29th September 2023.

https://www.mospi.gov.in/sites/default/files/reports_and_publication/statistical_publication/EnviStats/Complete_ES1_2023_Vol1.pdf

https://www.mospi.gov.in/sites/default/files/reports_and_publication/statistical_publication/EnviStats/ES_Vol_II_2023.pdf

Sustainable Development Goals National Indicator Framework (NIF)

The Ministry organized a one-day workshop on "Consultation on Milestone   Setting for SDG National Indicators and Identification of National Indicators for Unaddressed SDG Targets" on 22nd February, 2023. Since the targets for SDGs are set by the UN to be achieved by 2030, the ministries and departments concerned were requested to set milestones for the interim periods to have a better monitoring of the progress made in achieving the targets. Further, against the 169 targets, national indicators are yet to be identified for a few targets. About 75 officers from concerned data source agencies/line Ministries, NITI Aayog and MoSPI participated in the workshop. Publications released:

  • Sustainable Development Goals National Indicator Framework (NIF) Progress Report 2023.

https://www.mospi.gov.in/sites/default/files/publication_reports/SDGs_NIF_Progress_Report_2023N_0.pdf?download=1

  • Data Snapshot on Sustainable Development Goals National Indicator Framework 2023.

https://www.mospi.gov.in/sites/default/files/publication_reports/DataSnapshot_on_SDGs_NIF_2023.pdf?download=1

  • Sustainable Development Goals National Indicator Framework 2023. (updated version of 2022)

https://www.mospi.gov.in/sites/default/files/publication_reports/SDGs_NIF_Progress_Report_2023N_0.pdf

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