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    RBI issues Draft (Securitisation Transactions) Amendment Directions
    Rupee rises 5 paise to 95.77 against US dollar in early trade
    Woman GST officer, consultant caught taking Rs 60,000 bribe in Maharashtra's Jalna
    Zelenskyy has 'good meeting' with Trump at White House as he seeks more cooperation with US
    Creation of separate ministry infused new energy in India's cooperative movement: Amit Shah
    Railways operates first-ever direct freight train from Kolkata Port to Nepal's Biratnagar
    Haryana Cabinet approves housing, EV, MSME and governance reforms
    SC slams CBI, Delhi Police EoW over silence in Indiabulls probe, calls their conduct 'shocking'
    Govt introduces Bill in RS to tackle payment delays faced by MSMEs
    Regional Rural Banks (RRBs) Post Highest-Ever Net Profit of Rs. 10,177 Crore in FY 2025–26, show consistent improvement in other key financial param...
    Gross Non-Performing Assets (GNPA) of Public Sector Banks (PSBs) at historic low of 1.9% in FY 2025-26, achieve highest-ever net profit of ₹ 1.9...
    India's Toy Exports Soar 89.1%, Reflecting Strong Growth in Domestic Manufacturing
    India's Exports Scale Record US$ 863.1 Billion in FY 2025–26, Driven by Strong Trade with UAE, UK and Australia
    India's FTAs Deepen Global Market Access, Boost Export Diversification and Labour-Intensive Sectors.
    73 Sports Medal Winners of Chandigarh University get government jobs in 2025-26
    Centre orders sugar dealers to limit stocks to 30 days; stock limit at 4,000 quintals
    5 Credit Profile Checks That Can Improve Financial Health
    Gold Loan EMI or Bullet Repayment: Muthoot Finance Helps Choose Right in 2026
    EU-ASEAN Business Council Calls for stronger action on Illicit Trade, highlights India''s Strategic role
    Union Minister of Commerce & Industry Shri Piyush Goyal Announces Task Force to Support Toy Sector, Targets 5% Global Market Share by 2032.
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    July 29, 2026
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    Securitisation Note amendments seek stronger issuance efficiency, liquidity and transparency, with stakeholder consultation invited on proposed directions.
    Draft amendments to securitisation transaction directions seek to improve the efficiency, liquidity and transparency of issuing and subsequently transferring Securitisation Notes. The proposals apply to commercial banks, small finance banks, non-banking financial companies and all India financial institutions. Public and stakeholder comments are invited through the designated regulatory consultation platform or alternatively by post or email.
    July 29, 2026
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    Rupee appreciation reflected weaker dollar conditions, equity inflows, crude oil movements and positive domestic market sentiment.
    Foreign exchange market conditions supported an early appreciation of the rupee against the US dollar. A weaker US dollar, lower crude oil prices relative to earlier levels, positive domestic equity sentiment, and foreign institutional investors' net purchase of Indian equities were identified as key influences. The dollar index weakened ahead of a monetary policy announcement, while crude prices rose amid renewed geopolitical tensions. Domestic benchmark equity indices also advanced in early trade.
    July 29, 2026
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    Input Tax Credit unblocking allegedly involved illegal gratification, prompting a trap operation and apprehension of the officer and consultant.
    Alleged bribery connected with unblocking Input Tax Credit arose after an electronics trader received a show-cause notice and had its ITC blocked. A private tax consultant allegedly conveyed that a State GST officer demanded illegal gratification for unblocking the credit and encouraged the trader to settle the demand. Following a complaint, a trap operation allegedly led to the apprehension of the officer and consultant, with further legal action in progress.
    July 29, 2026
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    Defence production licensing and Russian energy sanctions shaped discussions on Ukraine's security capacity, missile supply and diplomatic engagement.
    Ukraine-US discussions addressed licences for domestic Patriot defence-system production, wider defence-production cooperation, technology exchange and missile supply funded through European resources. Ukraine also sought support for a sanctions bill designed to increase economic pressure on Russia by imposing tariffs on goods from major purchasers of Russian oil and gas and by sanctioning Russian leaders, financial institutions and energy projects. The proposed defence-production licence was identified as a longer-term measure, alongside calls for renewed diplomatic engagement.
    July 29, 2026
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    Cooperative-sector modernisation strengthens rural finance through expanded credit societies, online audits, institutional connectivity and technology-enabled cooperative banking.
    Cooperative-sector modernisation is presented as a mechanism for strengthening rural institutions, farmer prosperity and the rural economy. The separate Ministry of Cooperation provides an administrative, legal and policy framework for the cooperative movement. Key initiatives include establishing new primary agricultural credit societies and dairy cooperative societies, expanding business activities for primary agricultural credit societies, online auditing, and connecting cooperative institutions. District cooperative banks are described as important institutions for meeting the financial requirements of expanding service and dairy cooperative societies.
    July 28, 2026
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    Direct containerised rail freight movement enables seamless Kolkata Port-to-Biratnagar cargo transport without border transshipment under revised transit arrangements.
    Direct containerised rail freight movement between Kolkata Port and Biratnagar Customs Yard has commenced under the revised India-Nepal Rail Transit Protocol. The service enables end-to-end commercial rail carriage without border transshipment through the Jogbani-Biratnagar broad-gauge connection. Implementation of the revised Letter of Exchange operationalises direct commercial rail access, intended to reduce transit time, logistics costs and cargo handling while improving supply-chain efficiency, reliability and cross-border trade.
    July 28, 2026
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    State governance reforms expand housing relief, local audits, MSME support, property records, welfare measures and clean-vehicle tax incentives.
    The reforms provide concessional stamp duty and registration charges for eligible Economically Weaker Section housing beneficiaries, a statutory local-audit framework, and incentives for MSMEs and exports. They also establish rules for ownership records in Lal Dora areas and introduce a formula-based urban property-tax assessment framework with exemptions. Welfare measures cover compensation for specified unnatural custodial deaths, ex-Agniveer reservation, and compassionate appointments. Motor-vehicle tax measures provide a rebate for qualifying vehicles registered in women's names and exemptions for new electric vehicles.
    July 28, 2026
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    Investigation into alleged fund diversion faced scrutiny as agencies were required to disclose progress and decide on regular cases.
    Investigation into alleged dubious transactions and fund diversion involving Indiabulls Housing Finance Limited remained under scrutiny because investigating agencies did not provide an updated status or take a final decision on registration of regular cases. The Central Bureau of Investigation and Delhi Police Economic Offences Wing were required to file a comprehensive affidavit and status report. The allegations concern loans allegedly routed through corporate entities to promoter-linked companies, alongside inquiries involving financial, corporate-fraud and market-regulatory agencies.
    July 28, 2026
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    MSME payment-delay reforms propose faster dispute resolution, enforceable settlement recovery, and invoice discounting to strengthen supplier liquidity.
    The proposed amendment strengthens delayed-payment dispute resolution for micro and small enterprise suppliers through prescribed adjudication timelines and possible interim payment of at least half the awarded amount where a setting-aside application remains pending beyond six months. Mediated settlements and arbitral awards may be recovered as arrears of land revenue and are proposed to be legally enforceable debts under the insolvency framework. Central public sector enterprises would be required to route MSME invoice settlements through the Trade Receivables Discounting System.
    July 28, 2026
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    Regional rural bank oversight strengthens financial performance, technology adoption, diversified lending and financial inclusion in remote communities.
    Regional Rural Banks are regularly reviewed for financial performance, technology upgradation, MSME lending, loan diversification and financial inclusion in rural and remote areas. Their financial health improved over recent years, with growth in deposits, loans, credit-deposit ratio, net worth and capital adequacy, alongside improved asset-quality indicators. Financial-inclusion targets for bank-account access, micro-credit, insurance and pension schemes are set and periodically monitored to extend formal financial services.
    July 28, 2026
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    Emergency credit guarantee support addresses business liquidity mismatches while public sector banks report stronger asset quality and sectoral lending growth.
    Public sector banks reported improved balance-sheet health, rising business and lending, higher profits, stronger capital adequacy, and lower gross non-performing assets through FY 2025-26. Credit expanded across retail, agriculture, MSME, and infrastructure segments. Emergency Credit Line Guarantee Scheme 5.0 provides guarantee coverage to member lending institutions for eligible additional credit facilities addressing short-term liquidity mismatches, with full coverage for MSMEs and differentiated coverage for non-MSMEs and scheduled passenger airlines. Airline assistance is linked to peak credit outstanding and may require proportionate promoter or owner equity contribution above the applicable threshold.
    July 28, 2026
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    Toy quality regulation and export support strengthen domestic manufacturing, safety compliance, market access, and competitiveness in the Indian toy sector.
    Toy-sector measures combine quality regulation, import-duty changes, domestic manufacturing support, export facilitation, and promotional initiatives. The National Action Plan for Toys covers toy design, learning-oriented toys, quality monitoring, restrictions on unsafe imports, indigenous clusters, and domestic production. A Quality Control Order and BIS licensing framework support compliance with toy-safety standards. Cluster assistance, startup recognition, export-duty remission support, and zero-duty market access under specified trade agreements seek to strengthen competitiveness, while stated measures are associated with improved quality conformity, lower imports, and increased exports.
    July 28, 2026
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    Preferential market access under free trade agreements supports export diversification, labour-intensive sectors, and exporter use of tariff concessions.
    India's FTA framework is used to promote preferential tariff utilisation, export diversification and expanded market access. The Government monitors recently operationalised agreements through Certificates of Origin and partner-country trade data. Agreements with the UAE, Australia, Mauritius, Oman and EFTA are associated with increased product-line coverage, tariff preference utilisation and export opportunities. Labour-intensive sectors receive priority through preferential access, while calibrated tariff liberalisation and transition arrangements seek to protect sensitive domestic sectors. Trade e-Connect and the Trade Intelligence and Analytics Portal support exporters with market intelligence, rules of origin guidance, trade data and export-performance monitoring.
    July 28, 2026
    Show AI Summary
    Preferential Market Access under free trade agreements supports export diversification, labour-intensive sectors, tariff utilisation and data-driven trade facilitation.
    Preferential tariff utilisation under recently operationalised trade agreements is monitored through Certificates of Origin and partner-country trade data. Increased certificate issuance and expansion in exported HS-level tariff lines are treated as indicators of export diversification and market penetration. Labour-intensive sectors receive improved market-access opportunities under FTAs, while calibrated tariff liberalisation and transition arrangements preserve policy space for sensitive domestic sectors. Trade e-Connect and the Trade Intelligence and Analytics Portal provide exporters and policymakers with market intelligence, Rules of Origin guidance, FTA advisory services and trade-performance analytics.
    July 28, 2026
    Show AI Summary
    Sports-quota government recruitment recognised medal-winning student-athletes for public employment across defence, policing, railways and other government institutions.
    Sports-quota recruitment enabled medal-winning student-athletes to obtain government employment on the basis of sporting performances at state, national and international levels. Appointments covered armed forces, central armed police and paramilitary organisations, railways, police, the Income Tax Department, a public-sector bank, sports departments and other government institutions. The described sports framework provides scholarships, coaching, infrastructure, dietary support, travel, accommodation, equipment and selection-oriented physical, mental and personality-development training.
    July 28, 2026
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    Sugar stock controls require dealers to limit inventory duration and quantity, declare holdings, and curb speculative buying.
    Sugar dealers may not retain stock beyond thirty days from receipt or hold sugar above 4,000 quintals at any time or place. Government-account stocks and authorised Public Distribution System stocks are excluded. State Governments and Union territory administrations may prescribe limits only within the national ceiling and holding period. Dealers must declare and regularly update stock positions on the designated portal. The temporary restrictions are intended to maintain domestic availability, discourage speculative buying and contain sugar prices.
    July 28, 2026
    Show AI Summary
    Credit Profile Management requires timely repayments, controlled utilisation, selective borrowing and prompt correction of credit-report inaccuracies.
    A healthy credit profile depends on timely repayment of EMIs and credit-card dues, controlled credit utilisation and selective applications for new credit. Missed payments, sustained high utilisation and multiple hard enquiries may affect credit health and lender assessment. Individuals should periodically review credit reports for inaccurate personal details, closed loans recorded as active, missing repayment updates, duplicate loan entries or incorrect payment status, and promptly seek correction of discrepancies. Regular monitoring of credit score, repayment history, active accounts and enquiries supports informed credit-management decisions.
    July 28, 2026
    Show AI Summary
    Gold loan repayment structures require borrowers to weigh EMI interest savings against bullet repayment cash-flow flexibility and maturity obligations.
    Gold loans may be repaid through EMIs, which reduce principal and interest through periodic instalments, or through Bullet Repayment, which defers principal and accrued interest until maturity. The stated framework imposes tiered loan-to-value limits and caps consumption-purpose bullet loans at 12 months, with bullet-loan collateral assessment including projected interest. EMI repayment may reduce overall interest cost for borrowers with predictable income, while bullet repayment may preserve cash flow for borrowers expecting a defined future inflow. Borrowers should compare costs and review the Key Fact Statement before choosing a structure.
    July 28, 2026
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    Illicit trade prevention requires coordinated intelligence sharing, risk-based shipment controls and public-private cooperation to protect supply-chain integrity.
    Illicit trade prevention requires coordinated regional action through institutional intelligence-sharing, joint enforcement, regulatory alignment and public-private engagement. Proposed measures include risk-based pre-export assurance, shipment controls, digital customs tools and common principles adaptable to sector-specific risks. India is identified as a dialogue partner that can support secure regional trade through enforcement cooperation, intelligence exchange and risk-based governance. Analytical research, market intelligence, product-identification awareness and voluntary track-and-trace initiatives may assist in addressing illicit tobacco trade and strengthening lawful trade integrity.
    July 28, 2026
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    Toy-sector competitiveness is advanced through a task force and playbook focused on manufacturing, innovation, quality compliance and exports.
    Toy-sector competitiveness is proposed to be advanced through a dedicated task force and a playbook addressing manufacturing ecosystems, value chains, standards and compliance, skills, innovation, intellectual property and exports. The task force is intended to strengthen manufacturing capability, resolve value-chain bottlenecks, enable design and innovation, develop employment and skills, improve ease of doing business and support global value-chain integration. The roadmap emphasises domestic production, quality standards, localisation, branding, cluster development and support for MSMEs and startups.

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      News and Press Release

      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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