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September 25, 2026
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Interest-free working capital assistance for FCV tobacco growers supports liquidity, institutional loan repayment, crop inputs, and reduced private borrowing.
A one-time, interest-free working-capital loan of Rs. 50,000 per barn is approved for FCV tobacco growers in Andhra Pradesh under the Interest-Free Working Capital Assistance Scheme. Covering about 44,000 growers, the assistance is proposed to be delivered through direct benefit transfer. It is intended to provide liquidity for household requirements, institutional loan repayment and crop inputs, while reducing dependence on private borrowing.
September 25, 2026
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Government securities auction calendar establishes retail bidding access, flexible issuance terms, greenshoe subscriptions, and periodic debt switch operations.
Each auction carries a non-competitive bidding facility, under which five per cent of the notified amount is reserved for specified retail investors. The Government may modify indicated amounts, issuance periods and maturities, and may issue instruments with non-standard maturities, floating-rate bonds or inflation-indexed bonds, having regard to governmental requirements, market conditions and other relevant factors. It may retain additional subscriptions through a greenshoe option and conduct switch or buyback auctions of dated securities.
September 25, 2026
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Market borrowing plan sets dated securities auctions, Treasury Bill issuance, redemption management, and temporary cash-flow support.
Government market borrowing for the second half of FY 2026-27 is to be raised through weekly auctions of dated securities, including Sovereign Green Bonds, across maturities from 3 to 50 years. Debt-management measures include switching and buyback operations to smooth the redemption profile and a greenshoe option for additional subscriptions. Treasury Bills are to be issued through weekly auctions in 91-day, 182-day and 364-day maturities. The Ways and Means Advances limit is fixed to address temporary mismatches in government accounts.
September 25, 2026
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GI-tagged agricultural exports expand farmer access to international markets through FPO-led value chains and higher price realisation.
APEDA facilitated the export of a one-metric-tonne consignment of GI-tagged Gulbarga Tur Dal from Karnataka to the Maldives through an FPO-led brand. Gulbarga Tur Dal has held GI registration since 2019. The export-linked channel provides farmers a realisation of Rs.82 per kg compared with a prevailing market price of Rs.60 per kg, while supporting closer integration of FPOs and farmers into export-oriented supply chains.
September 25, 2026
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Trader welfare policy discussions covered GST reform, digital commerce, finance access, export promotion, and coordinated institutional support.
Deliberations covered GST rationalisation, refund delays, audit duration, amnesty schemes, input tax credit anomalies and pending appeals, alongside proposed inclusion of traders in MSME facilitation committees, a centralised loan portal with a 30-day timeline, CIBIL score reforms and grievance helplines. Trader welfare measures considered timely contractor payments, safeguards against technical penalties, loan-repayment flexibility during lean periods and stronger Centre-State coordination.
September 25, 2026
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Gold smuggling through powdered gold concealed in food products led to seizure and arrests under customs law.
Intelligence-led interception and baggage examination identified foreign-origin gold converted into fine powder and mixed with packaged food products of similar colour, texture and consistency. Segregation and assaying yielded 9.40 kg foreign-origin gold, which was seized under the Customs Act, 1962. Questioning linked the passengers to the same organised gold-smuggling syndicate, and they were arrested under that Act.
September 25, 2026
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Customs seizure of suspected smuggled areca nuts and restricted poppy seeds followed intelligence-led cross-border enforcement operations.
Intelligence-led customs enforcement in Mizoram and Assam resulted in seizure, under the Customs Act, 1962, of suspected foreign-origin areca nuts and poppy seeds believed on preliminary inquiry to have been smuggled from Myanmar. Searches of locked, unattended godowns near the Indo-Myanmar border recovered the commodities, while interception of two trucks carrying poppy seeds without valid import documents led to seizure of the consignments and vehicles. Four persons connected with transportation of the poppy seeds were arrested.
September 25, 2026
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Industrial control system cybersecurity certification validates system-level protection across wind farm controls, networks, and lifecycle security services.
IEC 62443-3-3 Security Level 2 certification applies to a wind farm control system covering SCADA, PPC, PLC and industrial network devices. It assesses system-level security requirements, including the interaction of components, networks and security mechanisms within an overall industrial control environment. The cybersecurity framework also spans secure development, certified core control components, system-level protection, and security integration and maintenance services across the lifecycle of wind energy technologies.
September 25, 2026
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Foreign exchange reserve composition reflects a weekly decline driven by foreign currency assets despite a modest gold increase.
India's foreign exchange reserves declined by USD 14.881 billion to USD 765.901 billion for the week ended 18 September 2026. The contraction was principally driven by a reduction in foreign currency assets, which also reflect valuation effects from movements in non-US reserve currencies. Gold reserves increased, while Special Drawing Rights decreased and the reserve position with the International Monetary Fund remained reported separately.
September 25, 2026
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Five-day banking proposal remains under consideration amid strike plans and measures for uninterrupted banking and advance disbursements.
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September 25, 2026
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Alternative fuel transition promotes ethanol, electric and hydrogen mobility to reduce imports, pollution, and strengthen farm income.
Alternative-fuel and public-transport measures seek to reduce dependence on imported petroleum, curb air pollution, and support farmer income and employment. Ethanol is positioned as a farm-income source through increased demand and returns for maize growers, alongside electricity, hydrogen and waste-derived CNG. Development and introduction of flex-fuel vehicles, using engines capable of operating on ethanol, electric tractors, hydrogen-powered vehicles and hydrogen buses form part of a cleaner-mobility strategy.
September 25, 2026
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Foreign-exchange market intervention expectations supported rupee appreciation amid improved risk sentiment, while importer demand and crude prices constrained gains.
Foreign-exchange market conditions supported a 19-paise appreciation of the rupee to 95.80 against the US dollar, aided by improved global risk sentiment and expectations of Reserve Bank intervention. Dollar demand from importers, high crude prices and US dollar strength constrained gains. Lower crude prices and dollar weakness could support the rupee, while geopolitical escalation may create pressure. Market participants expected intervention if the currency weakened toward 96.
September 25, 2026
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Credit health assessment combines score, repayment history, utilisation, accounts and enquiries to support informed borrowing and profile monitoring.
Credit health is broader than a numerical credit score and encompasses the way credit has been managed over time. Credit analysis requires a combined review of the score, repayment history, credit accounts, credit utilisation, credit history and credit enquiries. A credit report may identify management of EMIs and credit-card dues, existing borrowing obligations, use of revolving credit relative to available limits, and recent lender checks associated with credit applications. Incorrect or unfamiliar entries may be reviewed and, where necessary, raised with the relevant lender or credit bureau.
September 25, 2026
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Fuel-price mitigation measures use tax reductions, targeted subsidies and energy-security policies to ease pressure on households and energy-intensive industries.
European fuel-price intervention combines targeted subsidies, fuel-tax reductions, temporary regulatory flexibilities and energy-security investment to moderate the economic effects of sharply higher gasoline and diesel prices caused by disrupted supplies. Member States have temporary discretion to grant state aid to households and energy-intensive sectors, including agriculture, transport and fishing, and limited flexibility under EU spending rules for investments that improve energy security and reduce dependence on imported fossil fuels.
September 25, 2026
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AI management certification anchors responsible lifecycle governance, transparency, accountability, security, and human oversight for agentic loyalty systems.
ISO/IEC 42001:2023 certification applies to an Artificial Intelligence Management System governing AI development, deployment, oversight and continual improvement within the GRAVTY platform. The framework supports AI-related risk management, responsible governance, transparency, accountability, security and human oversight throughout the AI lifecycle. Its scope includes supervised and unsupervised learning models and large language models supporting personalised engagement, fraud management, loyalty intelligence, autonomous decision-making, operational automation and workflow support.
September 25, 2026
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Digital warehousing controls propose electronic tracking, secure transport, monthly returns, and risk-based compliance verification for warehoused goods.
Draft Warehousing Operations Regulations, 2026 would require public and private warehouse licensees to use the electronic portal and a digital warehouse management system for receipt, storage, transfers, removals and accounting of warehoused goods. Transport would generally require a one-time-lock and transit-risk insurance, subject to specified exemptions. Licensees would verify locks and goods, report discrepancies, maintain auditable electronic records, submit monthly returns, and permit removals for home consumption or export only upon electronic clearance orders. Non-confirmation, discrepancies and contraventions would trigger information demands, risk-based verification and action under the Customs Act.
September 25, 2026
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Technology risk governance requires banks to retain accountability, test resilience, and govern artificial intelligence before scaling financial services.
Technology risk governance must treat technology architecture as a first-order enterprise risk, alongside conventional financial risks, because the availability and integrity of core banking, payments, onboarding, credit, fraud-monitoring and reporting systems determine whether customers can access essential financial services. Banks may outsource technology functions but retain accountability for access controls, concentration, recoverability, data protection and exit options. Effective resilience requires secure architecture, asset visibility, timely remediation of vulnerabilities and legacy systems, identity and access management, effective controls, third-party oversight, post-incident learning, and regular recovery testing.

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India’s Growing Influence in Global Innovation: A Look at WIPO 2024’s Intellectual Property Report.

November 18, 2024

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The World Intellectual Property Organization (WIPO) annually publishes the World Intellectual Property Indicators (WIPI) report, which provides a comprehensive analysis of global trends in intellectual property filings. The 2024 report highlights the growth and evolution of patents, trademarks, and industrial designs across key global economies, with particular attention to emerging markets and innovation hubs. Among these economies, India stands out as a rapidly growing player in the global IP landscape, making significant strides in all three major IP categories—patents, trademarks and industrial design. India has solidified its position as a global leader in intellectual property filings, securing a spot in the top 10 countries for patents, trademarks, and industrial designs. This achievement underscores India's growing innovation capacity, with the country making remarkable strides in patent applications, brand protection, and design innovations. One of the most remarkable findings in the 2024 report is India’s exceptional performance in the global IP landscape. India recorded a phenomenal +15.7% growth in patent applications in 2023, continuing its streak of double-digit growth for the fifth consecutive year. This surge places India among the top countries contributing to global patent filings, signaling the country's increasing role as a global innovation hub. The resilience of IP filings during the COVID-19 crisis further underscores the enduring importance of intellectual property in driving economic recovery and growth.

India’s Stellar Growth in Patent Applications Global Ranking:

India now ranks 6th globally in terms of patent applications, with 64,480 patent filings in 2023. This puts India among the leading nations, including China, the United States, Japan, and South Korea, in terms of intellectual property activity. India’s rise in global patent rankings is particularly notable given its vast and diverse economy, ranging from traditional sectors like agriculture to cutting-edge industries like pharmaceuticals, information technology, and renewable energy.

Resident Filings Lead:

For the first time in history, more than half (55.2%) of India’s patent applications in 2023 were filed by residents, a significant milestone. This demonstrates India’s increasing domestic innovation capabilities, with Indian companies, universities, and research institutions now playing a major role in generating new technologies and intellectual property. This trend reflects the effectiveness of the government’s efforts to foster an innovation-friendly environment and to support local inventors through initiatives such as the National Intellectual Property Rights (IPR) Policy and the Atmanirbhar Bharat campaign.

Growth in Patent Grants:

India also saw a 149.4% increase in the number of patents granted in 2023 compared to the previous year. This rapid growth in granted patents underscores the efficiency of India’s patent office in processing applications and granting IP rights. It also reflects the rising quality of applications being filed, with many innovations meeting global standards. This progress signifies India’s growing maturity as a hub for technological and scientific development.

Patent-to-GDP Ratio:

India's patent-to-GDP ratio—a measure of the economic impact of patent activity—grew significantly, from 144 in 2013 to 381 in 2023. This means that as India’s economy expands, its patent activity is scaling up in tandem, signalling the increasing importance of innovation in driving economic growth. A higher patent-to-GDP ratio is often seen as a sign of a knowledge-driven economy, where innovation and intellectual property play a central role in economic development.

Surge in Industrial Design Applications

Record Growth:

India’s industrial design applications surged by 36.4% in 2023, further emphasizing the country’s expanding focus on creativity, design, and manufacturing innovation. This growth reflects a greater emphasis on aesthetic and functional design across various sectors, such as consumer electronics, automobiles, fashion, and healthcare. The surge in design applications is indicative of India’s evolving capabilities not only in manufacturing but also in product development and value-added industries.

Sectoral Focus:

India’s industrial design filings were led by key sectors such as Textiles and Accessories, Tools and Machines, and Health and Cosmetics. These sectors accounted for nearly half of all design filings, underscoring India’s strength in both traditional industries like textiles and emerging sectors like health and cosmetics. The textile and fashion sectors, in particular, benefit from India’s rich cultural heritage and the increasing demand for innovative product designs, both domestically and internationally.

Impact on India’s Manufacturing:

The surge in industrial design applications highlights the ongoing transformation of India’s manufacturing sector. As industries focus more on product aesthetics, functionality, and user experience, India’s manufacturing ecosystem is diversifying beyond basic production into more value-added, design-driven industries. The growth in design applications is a clear indication of how the country is positioning itself as a global manufacturing hub that prioritizes innovation, quality, and design excellence.

Comparison to Global Trends:

India’s growth in industrial design applications is notable when compared to global IP filing trends. While countries like China and the United States continue to dominate in the patent and trademark space, India’s rising figures in industrial design reflect its increasing competitiveness in product design and creativity. This aligns with broader global trends where countries are investing more in industrial design as a strategic asset to drive economic growth and enhance product differentiation in the market.

Trademark Filings: A Global Leader

Global Trademark Ranking:

India ranked 4th globally in trademark filings in 2023, with a 6.1% increase over the previous year. This growth underscores India’s growing emphasis on brand protection and intellectual property as essential drivers of business success. India’s ranking reflects the country’s increasing number of domestic and international businesses, all of which rely on trademarks to protect their brands and ensure consumer trust.

Resident Filings Dominate:

Nearly 90% of India’s trademark filings in 2023 were made by Indian residents, reflecting a strong domestic focus on brand protection. This shift suggests that Indian businesses, entrepreneurs, and startups are becoming more IP-savvy and are increasingly leveraging the trademark system to protect their innovations and brands.

Active Trademark Registrations:

India now holds the second-largest number of active trademark registrations in the world, with over 3.2 million trademarks in force. This indicates a highly active and competitive domestic marketplace, where businesses are not only creating new products but also working diligently to protect their brand identities. The large volume of active trademarks positions India as a major player in the global brand protection landscape, benefiting from both domestic innovation and the growing demand for Indian brands in international markets.

Sectoral Trends:

The largest proportion of trademark filings in India came from sectors such as Health (21.9%), Agriculture (15.3%), and Clothing (12.8%). These figures highlight India’s leadership in areas such as pharmaceuticals, food production, and fashion. As global demand for Indian products continues to rise, the importance of trademark filings as a tool for safeguarding brand equity becomes ever more critical, ensuring that Indian products and services maintain their competitive edge in international markets.

India’s Position in Global IP Trends

Contribution to Growth:

India’s rising IP filings have been a significant part of the global trend of increased intellectual property activity. In 2023, a record 3.55 million patent applications were filed worldwide, with India contributing a meaningful share to this figure. As one of the fastest-growing markets in terms of IP filings, India is helping drive the global increase in innovation and IP protection, particularly in emerging markets.

Shift Towards Local Innovation:

The growth of resident filings in India—especially in patents and trademarks—demonstrates a shift towards local innovation. While global IP filings have traditionally been dominated by multinational corporations, India’s rising resident filings reflect a maturing domestic innovation ecosystem backed with the idea of Atmanirbhar Bharat campaign. More Indian companies and individuals are filing patents and trademarks, not just for protection, but as part of a strategy to strengthen their competitive advantage in both local and global markets.

Government Initiatives Fuelling IP Growth

National IP Policy:

A key factor driving India’s growth in IP filings is the National Intellectual Property Rights (IPR) Policy, launched in 2016. This comprehensive framework is designed to guide the development and protection of intellectual property in India. The policy focuses on improving IP awareness, strengthening the IP ecosystem, and encouraging innovation by providing better access to IP services and protection mechanisms. By integrating all forms of intellectual property—such as patents, trademarks, industrial designs, copyrights, geographical indications, and more—the policy aims to foster a more robust and efficient IP environment. Objectives and activities undertaken under the National IPR Policy

Amendments to IPR Laws: Improvements in procedural requirements to speed up the processing of applications.

Modernization and Digitization of IP Offices: To enhance the performance and functioning of IP offices, streamlining workflows and reducing processing times.

Awareness and Education: Programs such as the National Intellectual Property Awareness Mission (NIPAM) to spread IP awareness across educational institutions and businesses.

IP Commercialization: Establishment of Technology Innovation Support Centres (TISC) in universities to support IP filings and the commercialization of patents and other IP.

Scheme for Pedagogy & Research in IPRs for Holistic Education and Academia (SPRIHA), which aims to integrate IPR education into higher learning institutions across the country. Under the SPRIHA scheme, IPR Chairs have been established in various universities and academic institutions to facilitate specialized research, teaching, and training in intellectual property. These IPR Chairs provide a platform for faculty members and students to engage in cutting-edge research on intellectual property, its role in innovation, and its impact on industries and society.

India’s vibrant start-up ecosystem is another key driver of the country’s growing IP activity. Government initiatives like Start-Up India, Digital India, Make in India and the Atal Innovation Mission, the Indian government has continuously fostered entrepreneurship, research, and technological advancement. Startup India was launched on January 16, 2016, with the goal of nurturing entrepreneurship, building a strong startup ecosystem, and transforming India into a nation of job creators rather than job seekers. This initiative includes a variety of programs designed to support emerging entrepreneurs. These efforts are coordinated by the Startup India Team, which reports to the Department for Promotion of Industry and Internal Trade (DPIIT). As of September 30, 2024, DPIIT has officially recognized 1,49,414 entities as startups.

Atal Innovation Mission (AIM), established in 2016, is a flagship initiative of the Government of India to promote a culture of innovation and entrepreneurship across the country. AIM adopts a comprehensive approach to foster problem-solving and innovative thinking in schools, while also creating an entrepreneurial ecosystem in universities, research institutions, and the private and MSME sectors. Till date, AIM has established 10,000 Atal Tinkering Labs in Schools across the country, more than 3500 startups are incubated at Atal Incubation Centres and have created more than 32000 jobs in the ecosystem

India as a Global Innovation Powerhouse

India’s remarkable progress in the 2024 WIPO Report highlights its role as a rising global leader in intellectual property. With significant growth in patents, trademarks, and industrial designs, India is becoming a hub of global innovation. Its increasing number of resident filings demonstrates a shift toward homegrown creativity and invention, supported by an innovation-friendly ecosystem and government policies.
Looking ahead, India is poised to continue its upward trajectory in global IP rankings. The country’s diverse and rapidly growing economy, coupled with its focus on research and development, makes it well-positioned to maintain its strong position in the global IP landscape. As more Indian companies and creators protect their innovations, India's global role in intellectual property will continue to expand.

Reference:

https://pib.gov.in/PressReleasePage.aspx?PRID=2072706

https://www.meity.gov.in/writereaddata/files/National_IPR_Policy.pdf

https://copyright.gov.in/Documents/SPRIHA.pdf

https://www.wipo.int/edocs/pubdocs/en/wipo-pub-941-2024-en-world-intellectual-property-indicators-2024.pdf

https://pib.gov.in/PressReleasePage.aspx?PRID=1941489

https://pib.gov.in/PressNoteDetails.aspx?NoteId=153223&ModuleId=3&reg=3&lang=1

Click here to see PDF. 

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