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August 29, 2026
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Natural justice in licensing enforcement requires meaningful hearing and reasoned orders before cancellation or suspension of regulated operations.
Natural justice in regulatory licensing enforcement requires a meaningful hearing, proper legal analysis, and a reasoned decision before licence cancellation or suspension. Maharashtra FDA withdrew cancellation of drug-sale licences after criticism of the procedure adopted. Food-safety enforcement against restaurants was also reconsidered where the premises were substantially compliant, despite licences being issued to one entity and operations being conducted by another. A fresh notice, hearing on the contractual arrangement, and reasoned order were required before further licensing action.
August 29, 2026
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Food-safety licensing compliance supports reopening while contractual operation requires notice, hearing, and a reasoned regulatory decision.
Food-safety licence suspension of five eateries was reconsidered after a fresh inspection recorded 88 per cent compliance. The suspension had continued because a third-party operator ran the eateries while licences remained in the association's name, despite no identified legal prohibition. The Food and Drug Administration proposed a fresh notice, hearing, and reasoned order on the contractual arrangement, while current compliance permitted services to resume.
August 29, 2026
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Market access and regulatory cooperation advance agricultural, pharmaceutical, digital, and trade integration priorities across the bilateral economic partnership.
India-Argentina cooperation focused on expanding bilateral trade, reducing non-tariff barriers, facilitating investment, and strengthening market access. Sanitary and phytosanitary discussions progressed for Indian agricultural products, while pharmaceutical engagement covered regulatory upgrading and reduced entry barriers. Mining and lithium-sector engagement, digital services, space technology, telecommunications, artificial intelligence and digital infrastructure were identified as priority areas. The India-MERCOSUR Preferential Trade Agreement, Terms of Reference and digital certificates of origin were considered mechanisms for trade facilitation and economic integration. Business discussions addressed commercial partnerships across agriculture, minerals, energy, pharmaceuticals, healthcare, banking and telecommunications.
August 29, 2026
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Shared digital infrastructure for professional services aims to expand technology access, interoperability, capability development and secure adoption across firms.
MCA and IICA are developing a government-backed digital public good ecosystem for domestic professional services, particularly small and medium practices. The framework proposes curated technology access, learning and capability development, and knowledge and practice infrastructure. It is intended to improve access to technology and professional knowledge while complementing existing institutional and market-based systems. Consultations address interoperability, common standards, cybersecurity, affordable access, implementation, change management, openness, competition and technology adoption suited to differing levels of digital readiness.
August 29, 2026
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Methamphetamine trafficking enforcement targets concealed cross-border transport, with seizures, vehicle confiscation, arrests and stringent penalties under narcotics law.
Methamphetamine trafficking enforcement under the Narcotic Drugs and Psychotropic Substances Act, 1985 involved intelligence-led seizures of tablets in Assam and Mizoram, along with the vehicles allegedly used for transportation and arrests of two vehicle occupants. Field testing indicated the presence of amphetamine. The tablets were concealed in fabricated cavities within a truck and car, with preliminary investigation indicating alleged cross-border smuggling into Mizoram. Methamphetamine is a notified psychotropic substance, and illicit manufacture, possession, transportation and trafficking attract stringent penal consequences.
August 29, 2026
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IPO disclosure integrity triggers one-year market access bar for issuer and promoter-directors over fabricated quotation and misleading financial disclosures.
SEBI restrained Trafiksol ITS Technologies Ltd. and its promoter-directors from accessing or dealing in the securities market for one year and imposed monetary penalties over irregularities in its SME IPO. The action concerned overstated financial disclosures, inadequate disclosure of issue expenditure and a potential merchant-banker conflict, and proposed use of IPO proceeds based on a fabricated software-vendor quotation. The listing was deferred and IPO proceeds were placed in an interest-bearing escrow account. One promoter was directly involved in procuring the quotation, while the other failed to exercise due diligence.
August 29, 2026
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Securities market fraud involving fictitious transactions triggered market bans, disgorgement, fund restoration, and governance restrictions.
SEBI imposed securities-market restrictions, disgorgement directions and monetary penalties in relation to alleged accounting fraud involving fictitious sales, purchases, circular transactions and fraudulent ledger entries. The alleged inflation of financial results facilitated migration to the NSE main board and was followed by fraudulent preferential allotments, a bonus issue and a rights issue. Rights issue proceeds were found to have been diverted, requiring restoration with applicable interest. The company and its managing director received seven-year market prohibitions, with additional governance restrictions applying to the managing director.
August 28, 2026
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Insolvency debt settlements: political criticism alleges severe creditor haircuts favour influential corporate borrowers over ordinary debtors.
CPI(M) criticised approval of a repayment plan involving Zee Group founder Subhash Chandra, asserting that repayment of Rs 6.5 crore against creditor claims of Rs 22,006.57 crore undermines fairness in insolvency debt settlement. It alleged severe creditor haircuts and bias favouring influential corporate borrowers. The party linked the settlement to an alleged pattern of large borrowers resolving liabilities at steep discounts, shifting the burden to taxpayers and small depositors while smaller borrowers face coercive recovery measures.
August 28, 2026
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Corporate governance requires company secretaries to promote ethical practices, transparency, responsibility and institutional accountability across economic ecosystems.
Good corporate governance is central to development and depends on responsible governance, ethical practices, transparency, institutional accountability and professional excellence. Company Secretaries have an expanding role in strengthening governance practices through professional expertise. Professional institutions should promote governance standards, support institutional excellence, and evolve their practices in response to changing requirements. Their wider contribution lies in fostering a culture of ethical entrepreneurship, responsibility, transparency and sound governance.
August 28, 2026
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Proceeds-of-crime tracing prompts freezing of deposits linked to structured disposal of foreign property in a bank-loan fraud investigation.
Money-laundering investigation into alleged bank-loan fraud involving DHFL has resulted in the freezing of bank deposits held by Al Jalore Trading FZE under the Prevention of Money Laundering Act. A United Kingdom property was allegedly disposed of through a purported loan arrangement that created an encumbrance to settle an Indian liability. Sale proceeds were credited to Al Jalore Trading FZE's Indian bank account rather than to the registered owner, indicating alleged dissipation of proceeds of crime through a structured foreign-property transaction.
August 28, 2026
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Defence export authorisation reform streamlines consultations, expands unified licences, and facilitates eligible exporters' access to international markets.
Open General Export Licence arrangements permit eligible exporters to self-generate authorisations for multiple consignments of specified defence items without obtaining separate authorisation for each consignment. Three existing licence procedures are consolidated into a unified framework. Licence validity is extended to three years, and territorial coverage is expanded to all countries other than negative or sensitive nations and destinations subject to United Nations Security Council sanctions or arms embargoes. Eligible companies with long-term foreign original equipment manufacturer agreements may obtain licences aligned with the underlying contract, subject to prescribed conditions.
August 28, 2026
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IPO approval enables Jio Platforms to issue fresh equity shares, with proceeds earmarked for subsidiary debt repayment and corporate purposes.
SEBI's final observations enable Jio Platforms Ltd to proceed with an initial public offering comprising up to 27 crore newly issued equity shares. The transaction is structured as a fresh issue of shares. Offer proceeds are primarily allocated towards repayment or prepayment of outstanding borrowings of Reliance Jio Infocomm Ltd, Jio Platforms' material subsidiary, with the balance designated for general corporate purposes.
August 28, 2026
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Gold price volatility intensified as dollar strength, profit-booking, and customs-duty-cut reports pressured domestic bullion markets.
Domestic bullion prices declined for a third consecutive session as a stronger US dollar and sustained profit-booking after a recent rally weakened gold and silver. Gold fell sharply in the national capital and silver also declined in domestic trading, with the three-day movement reflecting ongoing price volatility in the bullion market. International spot gold remained marginally lower while investors awaited policy-related remarks concerning inflation and elevated yields.
August 28, 2026
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Direct benefit transfer strengthens welfare delivery through Jan Dhan accounts, digital payments, reduced intermediaries, and expanded financial inclusion.
Direct Benefit Transfer has transferred welfare benefits directly to beneficiaries, largely through Jan Dhan accounts, reducing intermediaries and supporting transparent delivery. The Pradhan Mantri Jan Dhan Yojana provides unbanked adults basic accounts without minimum-balance or maintenance-charge requirements, along with RuPay debit cards, accident insurance coverage, and emergency overdraft access. Banking outlets, digital-payment infrastructure, and Bank Mitras extend formal financial services to women, rural and semi-urban communities, strengthening financial inclusion and participation in the formal economy.
August 28, 2026
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Foreign exchange reserves reached a record level, supported by increases in foreign currency assets and gold holdings.
India's foreign exchange reserves increased by USD 12.422 billion to an all-time high of USD 729.328 billion for the week ended 21 August. Foreign currency assets and gold reserves recorded the principal increases, while special drawing rights and the reserve position with the IMF also rose. Foreign currency asset valuation reflects movements in non-US currencies held in the reserves. FCNR(B) and concessional swap arrangements were introduced to attract additional foreign-exchange inflows.
August 28, 2026
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IPO regulatory approval enables Jio Platforms to advance preparations for its proposed fresh equity share public offering.
Jio Platforms Ltd. has obtained Sebi's final observations for its proposed initial public offering. This key regulatory stage enables further preparations for the public issue, subject to applicable regulatory requirements. The proposed offering comprises up to 27 crore fresh equity shares and is expected to account for approximately 2.9 per cent of the company's post-issue equity base.
August 28, 2026
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Financial inclusion through basic bank accounts expands banking access with no-balance accounts, debit cards, and emergency overdraft support.
Pradhan Mantri Jan Dhan Yojana enables unbanked adults to open basic bank accounts without minimum-balance or maintenance-charge requirements. Accounts include a free RuPay debit card with accident insurance coverage and eligibility for an overdraft facility during emergencies. The scheme promotes digital transactions, financial security and participation in the formal economy, while extending banking access to rural and semi-urban communities and increasing women's financial inclusion.
August 28, 2026
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Flexible personal loan repayment enables eligible borrowers to select longer tenures, subject to eligibility, terms, verification, and repayment capacity.
Bajaj Finance personal loans offer eligible customers collateral-free borrowing with flexible repayment tenures of 12 to 108 months, subject to eligibility, applicable terms, verification and documentation. A longer tenure may reduce monthly EMIs by spreading repayment over more months, but can increase total interest payable. Borrowers should compare the interest rate, tenure, EMI, processing charges and other costs, while considering their income, existing commitments and repayment capacity. Loan Utsav 2026 provides limited-period rewards for eligible customers whose loans are successfully disbursed during the campaign period, subject to applicable terms.
August 28, 2026
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Digital arrest money laundering investigation tracks cyber-fraud proceeds through layered bank accounts, cash withdrawals, and foreign-exchange conversion.
Arrests under the Prevention of Money Laundering Act form part of an investigation into alleged digital arrest cyber fraud and laundering of fraud proceeds. Funds were reportedly routed through numerous bank accounts, withdrawn in cash, and converted into foreign currency through licensed money changers. The financial trail is linked to commodity trading, travel and foreign-exchange entities allegedly connected with cyber-fraud complaints and first information reports. The inquiry also identified alleged shell or dummy companies using proxy directors to conceal control and facilitate fund movement.
August 28, 2026
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Foreign exchange intervention and lower crude prices supported rupee appreciation despite a stronger dollar and foreign institutional investor outflows.
Foreign exchange market conditions supported a six-paise appreciation of the rupee against the US dollar at the close of trading. Lower global crude oil prices and Reserve Bank of India intervention to limit significant rupee depreciation contributed to the movement. A marginal strengthening of the US dollar and foreign institutional investor equity outflows continued to exert pressure, while FCNR(B) scheme inflows supported the currency.

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News and Press Release

PM Gati Shakti: Transforming India's Infrastructure and Connectivity

October 14, 2024

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On the 75th Independence Day, Prime Minister Narendra Modi announced the ‘PM Gati Shakti’ initiative during his address to the nation from the ramparts of the Red Fort. The National Master Plan for Multi-modal Connectivity, launched on October 13, 2021, is set to celebrate its third anniversary this Sunday. This digital platform is designed to bring various Ministries, including Railways and Roadways, to ensure integrated planning and coordinated execution of infrastructure projects. The initiative aims to provide seamless and efficient connectivity for the movement of people, goods, and services across various modes of transport, thereby enhancing last-mile connectivity and reducing travel time.

PM Gati Shakti incorporates the infrastructure schemes of various Ministries and State Governments such as Bharatmala, Sagarmala, inland waterways, dry/land ports, and UDAN. PM Gati Shakti incorporates the infrastructure schemes of various Ministries and State Governments such as Bharatmala, Sagarmala, inland waterways, dry/land ports, and UDAN.

Gati Shakti: Central Ministries and State Participation

The PM Gati Shakti National Master Plan (NMP) has onboarded 44 Central Ministries and 36 States/UTs and a total of 1,614 data layers have also been integrated. To ensure data accuracy, key infrastructure ministries have finalised Standard Operating Procedures (SOPs) for a three-tier system. SOPs for 8 infrastructure ministries and 15 social sector ministries have been notified, with development continuing for other ministries and States/UTs. A ‘Compendium on PM Gati Shakti National Master Plan’ on data management, prepared by DPIIT, outlines the stakeholder responsibilities.

A ‘Compendium of PM Gati Shakti Volume I and Volume II’ has been developed and launched, that highlights the success stories of PM Gati Shakti. A milestone of assessing 208 big-ticket infrastructure projects worth Rs. 15.39 lakh Crores, of various Ministries adhering to PM Gati Shakti principles has been achieved. Additionally, 434 projects under three economic corridors of the Ministry of Railways have been evaluated and shared with the PMO and they are Energy, Mineral, and Cement Corridors, High Traffic Density Corridors and Rail Sagar.

District-Level Integration

A District Master Plan (DMP) portal is being developed to extend PM Gati Shakti to the district level. This portal will aid district authorities in collaborative planning, infrastructure gap identification, and scheme implementation. A beta version of this portal has already been created for 28 aspirational districts, and user accounts were provided to these districts on September 18th, 2024. Trial runs of the portal are ongoing, with orientation programs in October 2024. The DMP portals for all the country's districts will be developed in a phased manner and completed by March 31, 25.

Key Accomplishments under PM GatiShakti National Master Plan (NMP)

The PM GatiShakti NMP has resulted in numerous achievements across various sectors, significantly improving project planning, speed, and execution.

  • The Ministry of Road Transport and Highways (MoRTH) planned over 8,891 km of roads using NMP, while the Ministry of Railways (MoR) used NMP to plan more than 27,000 km of railway lines. MoR also accelerated the completion of Final Location Surveys (FLS), completing 449 FLS in FY ’22 compared to 57 in FY ’21.
  • The Ministry of Petroleum and Natural Gas (MoPNG) streamlined the process for Detail Route Survey (DRS), reducing the time required to create reports from 6-9 months to just one day using electronic DRS (eDRS).
  • Using NMP principles, a 13 GW renewable energy project from Leh (Ladakh) to Kaithal (Haryana) achieved optimal alignment of the ‘Green Energy Corridor’ for inter-state transmission.
  • Goa used the NMP platform to develop a disaster management plan for flood-prone areas along the Amona River.
  • The Uttar Pradesh government employed the State Master Plan (SMP) portal to identify locations for new schools in underserved areas via the Pahunch Portal.
  • Gujarat planned its 300 km coastal corridor using NMP, which reduced the number of NoC permissions required for clearance from 28 to 13, enhancing connectivity between four districts while boosting tourism.
  • The Department of School Education and Literacy used the NMP portal to link PM Shri Schools with local industries for district-specific skill training.
  • The Ministry of Health and Family Welfare identified internet shadow areas and mapped sites for new healthcare facilities using NMP.
  • The Ministry of Skill Development & Entrepreneurship utilized NMP to identify suitable locations for new training institutes near economic clusters.
  • The Ministry of Rural Development integrated schemes such as PMGSY and PMAY-G for better asset planning and implementation.
  • The Ministry of Tribal Affairs identified infrastructure gaps for Particularly Vulnerable Tribal Groups (PVTG) using the PM JanMan portal.

These accomplishments highlight the NMP's broad utility in improving planning, efficiency, and collaboration across various ministries and sectors.

National Logistics Policy (NLP) 2022: Progress and Key Initiatives

The National Logistics Policy (NLP) was launched on 17th September 2022 to boost India’s economic growth by creating an integrated, efficient, and cost-effective logistics network. The policy aims to reduce logistics costs, improve India's Logistics Performance Index (LPI) ranking to be among the top 25 countries by 2030, and promote data-driven decision-making. Implementation is driven by the Comprehensive Logistics Action Plan (CLAP), focusing on areas such as digital logistics systems, asset standardization, human resource development, state engagement, and EXIM logistics.

The policy emphasizes training and capacity-building efforts in collaboration with the Capacity Building Commission (CBC). Training modules are integrated with Central and Administrative Training Institutes through webinars, workshops, and digital platforms.

State Logistics Plans (SLPs): 26 States and Union Territories have aligned with the National Logistics Policy (NLP) by notifying their State Logistics Policies to enhance focus on logistics in public policy.

LEADS Survey: The fifth edition of the Logistics Ease Across Different States (LEADS) report was launched in December 2023, with the sixth edition released in January 2024. LEADS assesses logistics ease based on infrastructure and services across States and UTs.

Unified Logistics Integrated Platform (ULIP): ULIP integrates 33 logistics-related systems across 10 Ministries, promoting innovation. Currently, over 930 private companies are registered, with 95 applications made live and 185 companies signing NDAs. ULIP also integrates GST data for end-to-end cargo tracking.

Logistics Data Bank (LDB): For tracking and tracing 100% of India’s containerized EXIM cargo, the Logistics Data Bank (LDB), has been developed. LDB uses RFID technology through the Internet of Things (IoT), Big Data and Cloud-based solutions to provide real-time tracking of EXIM container movement in India. It is a single window, cloud-based logistics visualization solution which provides container movement tracking using only the container numbers; from the Ports to Inland Container Depot’s/ Container Freight Stations; and across the port associated Parking Plazas, Toll Plaza & Railways.

Improving LPI Rank

A dedicated LPI Action Plan has been created, involving multiple ministries (MoRTH, MoR, MoPSW, MoCA) to address logistics challenges across six LPI parameters. Continuous engagement with the World Bank has resulted in discussions on logistics efficiency, reforms, and LPI methodology, along with a national workshop held in February 2024.

The policy incorporates global best practices, collaborating with the Asian Development Bank (ADB) and Korea’s LPI improvement strategies. A round table with the World Bank was held in the U.S. in March 2024 to discuss innovative approaches and logistics improvements for India.

Through these efforts, NLP is driving India towards a more efficient logistics ecosystem while enhancing global competitiveness.

Gati Shakti Sanchar Portal

Universal and equitable access to Broadband services across the country, especially in the rural areas- is one of the most important visions of Prime Minister Narendra Modi. In line with the PM Gati Shakti National Master Plan, “Gati Shakti Sanchar” portal was launched for Centralised Right of Way (RoW) approvals on May 14, 2022.

The Gati Shakti Sanchar portal is a major reform brought in to facilitate faster rollout of telecom infrastructure. It is a Centralised Right of Way (RoW) Portal that enables applicants such as Telecom Service Providers/Infrastructure Providers / Internet Service Providers (TSP/IP/ISPs) to apply for RoW approvals. As on October 11, 2024, 2.11 lakh applications have been approved.

The portal is integrated with all 36 States /UTs and with relevant central ministries viz. Ministry of Railways (MoR), Ministry of Road, Transport and Highways (MoRTH), Ministry of Environment, Forest and Climate Change (MoEFCC) and Ministry of Defence (MoD).

5G services were launched in India on 1st October 2022. More than 13 Cr subscribers have begun to use 5G services, making it the fastest roll-out of 5G anywhere in the world. To further improve telecom connectivity in the country, Government is implementing various schemes.

A total of 41,160 mobile towers have been sanctioned with an outlay of Rs. 41,331 Cr to

provide 4G connectivity to about 55 thousand villages.

Scope of BharatNet program has been expanded to connect all inhabited villages with an

outlay of 1.88 Lakh Cr

Conclusion

The PM Gati Shakti initiative represents a transformative approach to infrastructure development in India, aiming to create a seamless and efficient multimodal transportation network. By integrating the efforts of various ministries and leveraging advanced technologies, this initiative seeks to enhance connectivity and reduce logistics costs across the nation. The Gati Shakti Sanchar portal further supports this vision by streamlining the Right of Way approvals process, accelerating telecom infrastructure rollout, and facilitating the rapid deployment of 5G services across the country. With these combined efforts, India is well-positioned to achieve its ambitious goals of Aatmanirbharta.

References

https://pmgatishakti.gov.in/pmgatishakti/login

https://www.india.gov.in/spotlight/pm-gati-shakti-national-master-plan-multi-modal-connectivity

https://pmgatishakti.gov.in/pmgatishakti/about_pmgati

PMGATISHAKTI TRANSFORMING INDIA’S INFRASTRUCTURE - https://static.pib.gov.in/WriteReadData/specificdocs/documents/2023/apr/doc2023427188001.pdf

https://www.pib.gov.in/PressReleasePage.aspx?PRID=1825332

Rajya Sabha Unstarred Question No. 56 Dated February 02, 2024

https://gatishaktisanchar.gov.in/

https://pib.gov.in/PressNoteDetails.aspx?NoteId=152010&ModuleId=3

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