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    Innovation, Startups, MSMEs and Quality Manufacturing are Pillars of India's Future Growth: Shri Piyush Goyal at 22nd J.R.D. Tata Memorial Lecture
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    India's Toy Exports Soar 89.1%, Reflecting Strong Growth in Domestic Manufacturing
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    July 30, 2026
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    Innovation-led industrial growth promotes deep-tech investment, startup commercialisation, technology-enabled MSMEs, quality manufacturing and global market expansion.
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    July 29, 2026
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    July 29, 2026
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    Citizenship proof requires more than identity, tax, electoral or banking records when nationality remains unestablished.
    Voter identity cards, Aadhaar cards, PAN cards and bank-account records were treated as non-conclusive proof of Indian citizenship. The petitioner and detainee were required to establish citizenship under the Immigration and Foreigners Act, 2025, and an appeal against deletion from electoral rolls did not itself satisfy that burden. The inability to identify the burial locations of the detainee's parents prevented proposed DNA-based verification and supported an adverse inference concerning their citizenship.
    July 29, 2026
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    Corporate Mitra Scheme builds local compliance professionals to strengthen MSME regulatory, financial, taxation, accounting and governance support.
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    July 29, 2026
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    Amalgamation of Go Digit Infoworks with Go Digit General Insurance approved, with the general insurer continuing as surviving entity.
    The Competition Commission of India approved the amalgamation of Go Digit Infoworks Services Private Limited, the holding company of Go Digit General Insurance Limited, with Go Digit General Insurance Limited as the surviving entity. Infoworks has no present market-facing business activities. Go Digit General provides general and health insurance products and services in India, with a specialised focus on general insurance.
    July 29, 2026
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    Competition approval enables Brookfield's indirect acquisition of Oaktree entities, combining alternative investment management businesses.
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    July 29, 2026
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    Processed dairy exports to Bhutan expand through compliance support, market access facilitation, and planned diversification of longer-shelf-life products.
    Processed dairy exports from Assam to Bhutan commenced with a Purabi Ice Cream consignment exported by North East Dairy and Foods Limited and manufactured through Assam's cooperative dairy network. The Agricultural and Processed Food Products Export Development Authority supported export documentation, regulatory compliance, market access and stakeholder coordination. The initiative seeks to expand value-added dairy exports from the North Eastern Region, with plans to introduce longer-shelf-life products and increase exports according to market demand.
    July 29, 2026
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    Financial-market depth requires reliable liquidity, risk transfer, transparent products and shared institutional responsibility for resilient long-term financing.
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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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    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.
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    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.

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      WHO chief asks countries to push Washington to reconsider its withdrawal

      February 3, 2025

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      Geneva, Feb 3 (AP) The World Health Organisation chief asked global leaders to lean on Washington to reverse President Donald Trump's decision to withdraw from the UN health agency, insisting in a closed-door meeting with diplomats last week that the US will miss out on critical information about global disease outbreaks.

      But countries also pressed WHO at a key budget meeting last Wednesday about how it might cope with the exit of its biggest donor, according to internal meeting materials obtained by The Associated Press. A German envoy, Bjorn Kummel, warned: “The roof is on fire, and we need to stop the fire as soon as possible.” For 2024-2025, the US is WHO's biggest donor by far, putting in an estimated $988 million, roughly 14% of WHO's $6.9 billion budget.

      A budget document presented at the meeting showed WHO's health emergencies program has a “heavy reliance” on American cash. “Readiness functions” in WHO's Europe office were more than 80% reliant on the $154 million the US contributes.

      The document said US funding “provides the backbone of many of WHO's large-scale emergency operations,” covering up to 40%. It said responses in the Middle East, Ukraine and Sudan were at risk, in addition to hundreds of millions of dollars lost by polio-eradication and HIV programs.

      The US also covers 95% of WHO's tuberculosis work in Europe and more than 60% of TB efforts in Africa, the Western Pacific and at the agency headquarters in Geneva, the document said.

      At a separate private meeting on the impact of the U.S. exit last Wednesday, WHO finance director George Kyriacou said if the agency spends at its current rate, the organization would “be very much in a hand-to-mouth type situation when it comes to our cash flows” in the first half of 2026. He added the current rate of spending is “something we're not going to do," according to a recording obtained by the AP.

      Since Trump's executive order, WHO has attempted to withdraw funds from the US for past expenses, Kyriacou said, but most of those “have not been accepted.” The US also has yet to settle its owed contributions to WHO for 2024, pushing the agency into a deficit, he added.

      WHO's leader wants to bring back the US Last week, officials at the U.S. Centers for Disease Control and Prevention were instructed to stop working with WHO immediately.

      WHO Director-General Tedros Adhanom Ghebreyesus told the attendees at the budget meeting that the agency is still providing U.S. scientists with some data — though it isn't known what data.

      “We continue to give them information because they need it,” Tedros said, urging member countries to contact U.S officials. “We would appreciate it if you continue to push and reach out to them to reconsider.” Among other health crises, WHO is currently working to stop outbreaks of Marburg virus in Tanzania, Ebola in Uganda and mpox in Congo.

      Tedros rebutted Trump's three stated reasons for leaving the agency in the executive order signed on Jan. 20 — Trump's first day back in office. In the order, the president said WHO mishandled the COVID-19 pandemic that began in China, failed to adopt needed reforms and that U.S. membership required “unfairly onerous payments." Tedros said WHO alerted the world in January 2020 about the potential dangers of the coronavirus and has made dozens of reforms since — including efforts to expand its donor base.

      Tedros also said he believed the U.S. departure was “not about the money” but more about the “void” in outbreak details and other critical health information that the United States would face in the future.

      “Bringing the U.S. back will be very important," he told meeting attendees. "And on that, I think all of you can play a role.” Kummel, a senior advisor on global health in Germany's health ministry, described the US exit as “the most extensive crisis WHO has been facing in the past decades.” He also asked: “What concrete functions of WHO will collapse if the funding of the US is not existent anymore?” Officials from countries including Bangladesh and France asked what specific plans WHO had to deal with the loss of U.S. funding and wondered which health programs would be cut as a result.

      The AP obtained a document shared among some WHO senior managers that laid out several options, including a proposal that each major department or office might be slashed in half by the end of the year.

      WHO declined to comment on whether Tedros had privately asked countries to lobby on the agency's behalf.

      Experts say US benefits from WHO Some experts said that while the departure of the U.S. was a major crisis, it might also serve as an opportunity to reshape global public health.

      Less than 1% of the US health budget goes to WHO, said Matthew Kavanagh, director of Georgetown University's Center for Global Health Policy and Politics. In exchange, the US gets “a wide variety of benefits to Americans that matter quite a bit,” he said. That includes intelligence about disease epidemics globally and virus samples for vaccines.

      Kavanagh also said the WHO is "massively underfunded,” describing the contributions from rich countries as “peanuts.” WHO emergencies chief Dr Michael Ryan said at the meeting on the impact of the US withdrawal last week that losing the US was “terrible,” but member states had “tremendous capacity to fill in those gaps.” Ryan told WHO member countries: “The US is leaving a community of nations. It's essentially breaking up with you.” Kavanagh doubted the U.S. would be able to match WHO's ability to gather details about emerging health threats globally, and said its exit from the agency “will absolutely lead to worse health outcomes for Americans.” “How much worse remains to be seen,” Kavanagh said. (AP) NSA NSA

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