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    Commerce Secretary Shri Rajesh Agrawal Co-Chairs India-Brazil 8th Trade Monitoring Mechanism Meeting
    NPCI International and Uzbekistan’s NIPC Partner to Enable UPI Payments Across Uzbekistan via UZQR
    Flymore Aviation Expands Access to Aviation Education Through Affordable Mobile Learning App
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August 31, 2026
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Trade facilitation and pharmaceutical market access advance through regulatory cooperation, preferential trade modernisation, and reciprocal agricultural access.
India and Brazil are advancing bilateral trade, investment and economic cooperation through a diversified partnership focused on pharmaceuticals, chemicals, engineering goods and machinery. India-MERCOSUR engagement is being pursued through early finalisation of Terms of Reference for expansion and modernisation of the Preferential Trade Agreement. Pharmaceutical market access is supported by regulatory cooperation under the CDSCO-ANVISA MoU. Agricultural trade facilitation includes phytosanitary processes, reciprocal market access work and mutual recognition of Electronic Certificates of Origin, alongside multilateral coordination through BRICS, the G20 and the WTO.
August 31, 2026
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Cross-border UPI merchant acceptance enables Indian travellers to make UZQR payments at merchants throughout Uzbekistan.
Cross-border UPI merchant acceptance in Uzbekistan allows Indian travellers to make instant person-to-merchant payments through UPI-enabled applications by scanning the interoperable UZQR code. Integration with the Unified National QR infrastructure extends acceptance across retail, hospitality and service merchants. Regulatory approvals support HUMO's role as NIPL's authorised partner for cross-border merchant acceptance, reducing reliance on international cards and cash.
August 31, 2026
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Mobile-first aviation education supports accessible, self-paced certification-led learning and career awareness across aviation roles and geographic locations.
Flymore Aviation LLP operates a mobile-first aviation learning platform intended to make specialised aviation education more accessible and affordable for aspiring pilots, cabin crew and other aviation-sector professionals. The app provides structured, self-paced aviation courses aimed at building industry knowledge, supporting certification-led skill development, improving career awareness and assisting employment readiness across aviation functions. Course delivery through a digital platform is positioned as an alternative to location-dependent and high-cost classroom training.
August 31, 2026
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Indigenous defence technology and exports anchor the annual performance review of public sector defence enterprises.
Annual performance review of 16 Defence Public Sector Undertakings is scheduled with emphasis on indigenous technology, innovation, self-reliance and enhancement of defence exports. Chairpersons and managing directors of seven specified undertakings will present dividends attributable to the Government's equity shareholding. Publications cover self-reliance, student awareness of defence technologies, and modernisation and indigenisation roadmaps. Reported performance includes growth in turnover, profit after tax and defence exports.
August 31, 2026
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Employee provident fund and gratuity dues remain protected outside the liquidation estate despite competing financial creditor claims in insolvency proceedings.
Employee provident fund and gratuity dues of former Jet Airways workmen and employees were required to be paid in full by the liquidator. The NCLAT position upheld treats statutory employee dues relating to provident fund, gratuity and pension funds as outside the liquidation estate, protecting them from competing creditor claims. Financial creditors had argued that such dues should be distributed through the liquidation estate unless dedicated funds existed at the commencement of liquidation. The underlying questions of law remain open for an appropriate case.
August 31, 2026
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Rupee exchange-rate support amid dollar strength and oil risks as foreign-currency deposit flows bolster market sentiment.
Foreign-exchange market conditions saw the rupee recover from early losses amid possible Reserve Bank of India intervention to contain significant depreciation. Higher US Treasury yields, a broader dollar rally, rising crude oil prices and geopolitical supply risks pressured the currency. The special USD-INR forex swap facility for FCNR(B) deposits, Overseas Foreign Currency Borrowings and External Commercial Borrowings mobilised foreign-exchange inflows supported by non-resident Indian participation, strengthening market sentiment.
August 31, 2026
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Financial confidence gaps persist when opaque financial journeys, dark patterns and unclear communication deter informed consumer participation.
Financial-service digitisation may expand access without ensuring consumer confidence where customers cannot understand processes, assess risks or feel secure in financial decisions. Opaque claims, redemptions, eligibility criteria and approval stages can weaken trust and discourage insurance, investment and credit participation. Hidden charges, complex documentation, forced bundling and target-driven sales practices may further impair informed choice. Greater transparency, simplified communications, real-time process visibility and AI-assisted guidance are identified as measures to reduce cognitive friction and strengthen consumer control.
August 31, 2026
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NBFC licensing enables Hyundai Capital India to begin wholesale dealer financing while preparing retail finance and risk-management infrastructure.
Hyundai Capital India has commenced financial services operations after obtaining a non-banking financial company licence from the Reserve Bank of India. Initial operations concentrate on wholesale financing for local automotive dealers. Operations are intended to expand the dealer-financing network, sales infrastructure and risk-management systems across India, supporting a subsequent phased introduction of retail financing for individual customers.
August 31, 2026
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Personal insolvency resolution approval faces criticism over low creditor recovery and alleged family-linked voting influence in the resolution process.
Personal insolvency resolution approval concerning Subhash Chandra involved a repayment plan of Rs 6.5 crore against admitted creditor claims exceeding Rs 22,000 crore. Objections were raised regarding the voting influence exercised by entities linked to the debtor's family in relation to the resolution process. Pinarayi Vijayan criticised the approval, alleging preferential treatment of powerful corporate interests.
August 31, 2026
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Foreign exchange market intervention seeks to limit rupee depreciation amid oil-price pressure, dollar strength, and capital outflows.
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August 31, 2026
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Psychotropic medicine diversion faces NDPS enforcement where controlled tablets allegedly travel without statutory documentation and traceability details.
Enforcement action under the Narcotic Drugs and Psychotropic Substances Act, 1985 addressed alleged inter-State diversion of psychotropic medicines transported without statutory documentation. A truck carrying Alprazolam, Tramadol, Nitrazepam and Clonazepam tablets was intercepted; the medicines and vehicle were seized and one suspect was arrested. Preliminary examination indicated erasure of identifying batch and date details and transport of region-restricted medicines without invoices, bilty or e-way bills. Investigation concerns the manufacturing, supply and distribution network involved.
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Synthetic-drug trafficking enforcement targets rail-borne amphetamine and MDMA consignments through baggage interceptions, seizures, follow-up delivery operations, and arrests.
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August 31, 2026
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August 30, 2026
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August 30, 2026
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Aadhaar OTP verification expands online vehicle and licensing services, reducing physical visits and curbing intermediary exploitation.
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August 30, 2026
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Related-party creditor voting in personal insolvency turned on whether the debtor held majority ownership or direct board control.
Dissenting lenders challenged the admission and voting rights of five creditors alleged to be family-linked associate or related entities, contending that their voting share enabled approval of a personal insolvency repayment plan. They alleged invalid post-moratorium guarantee invocations, undisclosed liabilities, inadequate claim scrutiny and incorrect voting-share computation. The third member rejected the voting-rights challenge, treating associate status as requiring the debtor's personal majority shareholding or direct board control, and accepted the repayment plan.
August 30, 2026
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NEET-PG 2026 examination continuity was disrupted for candidates at two Jaipur centres because of internal power-supply failures attributable to the technological partner and examination-conducting agency. A re-examination has been scheduled for the affected candidates, with the venue and revised admit cards to be communicated separately. Action against the entities responsible for ensuring adequate examination infrastructure is under consideration.
August 30, 2026
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Women's monthly assistance eligibility restricts benefits to qualifying households and channels payments through deposits or restricted digital wallets.
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August 30, 2026
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Digital arrest fraud: judicial responses seek a distinct offence while preserving due process and proportionality in economic-crime enforcement.
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News and Press Release

Food Articles Under WPI .

August 13, 2012

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Press Information Bureau
Government of India
Ministry of Commerce & Industry

13-August-2012 17:05 IST

Food Articles Under WPI

The details of WPI (Base 2004-05) of food articles for the last one year and current year along with their corresponding weights are at Annexure I. The weighting pattern of WPI, based on the value of output in the economy, remains fixed during the life of a particular WPI series. The current WPI series with Base year 2004-05 was launched in September 2010. The WPI as well as the weights are also available in the website of the Ministry of Commerce & Industry, i.e.,http://eaindustry.nic.in/. Consumption trends for the above mentioned food articles are not collected. However, the latest item wise consumption trends for food articles based on the 66th round of National Sample Survey Office (NSSO) survey on Household Consumption of Various Goods and Services in India conducted for urban and rural households for the period July 2009 to June 2010 are available at the official website of Ministry of Statistics & Programme Implementation. There is, however, no one to one correspondence among the items of WPI and NSSO survey report because of non uniformity in their respective specifications.

The Government has set up a Working Group under Chairmanship of Dr. Saumitra Chaudhuri, Member Planning Commission on 19th March 2012 to revise the current series of Wholesale Price Index numbers (Base 2004-05) to, inter-alia, select the appropriate commodity basket and examine system of allocation of weights to them.

Annexure I

 

ANNEXURE REFERRED TO IN REPLY TO PART (a) OF LOK SABHA UNSTARRED QUESTION NO. 535 ANSWERD ON 13.8.2012 REGARDING FOOD ARTICLES UNDER WPI.

WPI (Base 2004-05) of Food Articles for FY2010-11, FY2011-12, and April 2012 to June 2012

 

Commodity Name

Weight

2010-11

2011-12

Apr-12

May-12*

Jun-12*

I  Food Articles

14.33709

179.63

192.74

207.2

206.3

209.2

A)    Food Grains

(Cereals+Pulses)

4.08982

174.43

180.72

188.9

190.4

193.4

(i)Cereals

3.37323

169.67

176.23

184.3

184.5

186.4

Rice

1.79348

167.19

172.29

177.3

178.3

181.6

Wheat

1.11595

171.44

168.29

179.3

178.8

180.2

Jowar

0.09572

189.54

248.55

236.8

240.8

235.2

Bajra

0.11522

175.58

193.21

209.5

210.5

209.4

Maize

0.21727

168.94

205.63

225.4

220.5

220.3

Barley

0.01671

165.68

180.19

210.8

212.7

200.1

Ragi

0.01885

173.79

204.92

223.5

228.4

224.0

(ii)Pulses

0.71662

196.86

201.82

211.0

218.3

225.9

Gram

0.33490

149.97

193.78

224.7

236.9

250.7

Arhar

0.13740

205.06

183.20

175.5

181.0

184.8

Moong

0.08429

280.44

244.42

236.6

235.7

234.2

Masur

0.05764

194.45

162.78

170.0

180.1

186.9

Urad

0.10239

271.75

240.00

215.6

214.8

215.1

B)Fruits & Vegetables

3.84270

172.05

183.15

215.3

208.1

213.1

(i)Vegetables

1.73553

182.83

179.26

237.6

224.0

243.8

Potato

0.20150

131.95

128.98

173.8

198.7

221.4

Sweet Potato

0.01750

194.14

205.97

192.7

195.7

181.2

Onion

0.17794

259.60

186.67

139.6

139.3

158.0

Tapioca

0.06781

282.82

285.63

240.9

245.0

238.6

Ginger(Fresh)

0.04514

114.54

79.98

56.5

54.8

72.5

Peas(Green)

0.10999

144.87

174.70

NA

NA

NA

Tomato

0.26738

190.39

184.39

NA

NA

NA

Cauliflower

0.23627

169.87

145.93

NA

NA

NA

Brinjal

0.29840

164.66

170.97

206.7

182.3

227.6

Okra (Lady finger)

0.12604

174.80

237.15

355.3

218.3

209.9

Cabbage

0.18756

214.58

211.59

416.1

437.6

447.1

(ii) Fruits

2.10717

163.17

186.37

197.0

195.1

187.8

Banana

0.34264

163.01

173.42

176.9

202.7

208.5

Mango

0.65134

191.52

237.15

238.5

221.9

208.3

Apple

0.10397

173.59

220.38

240.0

252.7

NA

Orange

0.13309

185.32

237.35

230.3

226.0

236.3

Cashew nut

0.16399

151.04

192.09

169.4

182.6

178.8

Coconut(Fresh)

0.24113

97.77

118.20

109.1

106.4

107.6

Papaya

0.10340

189.62

186.97

130.4

121.6

128.9

Grapes

0.09399

188.85

221.20

NA

NA

NA

Pineapple

0.04577

177.92

193.45

245.2

223.4

249.2

Guava

0.07609

177.67

148.32

102.8

102.8

102.8

Litchi

0.03716

179.20

119.70

NA

NA

153.0

Lemon

0.07225

197.49

236.16

306.3

279.3

244.3

Sapota

0.04235

174.02

209.45

212.3

206.2

211.4

C)Milk

3.23818

175.88

194.01

202.9

204.1

205.7

D)Eggs,Meat& Fish

2.41384

190.13

214.33

229.8

232.6

235.4

Egg

0.18675

165.44

181.79

178.2

178.8

183.0

Fish-Inland

0.57256

193.43

250.82

276.6

279.1

280.2

Fish-Marine

0.72259

222.84

246.72

269.9

271.1

272.1

Mutton

0.34586

187.17

200.10

209.6

211.4

212.5

Beef & Buffalo Meat

0.11585

188.20

199.62

207.7

201.5

201.5

Poultry Chicken

0.41028

141.16

136.56

139.9

150.6

160.5

Pork

0.05995

197.50

219.93

234.3

236.8

240.3

E)Condiments & Spices

0.56908

243.98

237.53

207.4

200.4

195.9

Black Pepper

0.02959

247.12

402.93

483.6

488.8

497.5

Chillies(Dry)

0.15812

221.80

277.12

236.1

225.1

219.9

Turmeric

0.07573

401.72

214.87

145.1

143.6

141.2

Cardamom

0.01703

348.22

291.35

301.2

293.8

281.7

Ginger(Dry)

0.05150

119.25

90.11

74.3

70.3

71.7

Betelnut/Arecanut

0.10437

154.69

209.79

234.6

227.2

210.2

Cummin

0.04393

163.35

188.49

186.6

186.1

185.5

Garlic

0.06437

410.12

281.12

135.3

118.7

120.7

Corriander

0.02444

174.06

216.17

205.7

204.3

202.5

F)Other Food Articles

0.18347

181.94

216.45

225.4

234.1

235.3

Tea

0.11233

148.33

150.85

182.3

196.7

198.6

Coffee

0.07114

235.01

320.08

293.4

293.4

293.4

II Food Products

9.97396

141.15

151.20

155.5

157.1

157.4

A) Dairy Products

0.56798

152.07

171.60

177.1

174.7

174.9

Powder Milk

0.20061

150.22

176.99

183.2

176.9

176.8

Ghee

0.21595

163.71

184.83

188.6

188.1

188.8

Butter

0.06118

159.79

166.59

176.5

176.5

174.6

Ice Cream

0.05063

115.59

123.67

127.6

127.5

128.9

Condensed Milk

0.03961

132.57

141.18

148.1

148.5

149.0

B)Canning, Preserving & Processing Of Food

0.35785

127.21

139.58

142.4

144.6

144.6

Canned Fish

0.05534

136.59

151.49

158.7

159.1

159.0

Fish Meal

0.05941

100.20

113.11

120.1

120.1

120.1

Processed Prawn

0.11517

122.53

128.92

128.8

130.5

133.7

Canned Meat

0.03554

175.87

188.38

193.9

193.9

194.5

Vegetables Seeds

0.09239

126.02

143.93

144.1

150.2

145.9

C)Grain Mill Products

1.34017

145.79

146.19

146.7

147.1

145.3

Maida

0.45224

146.73

145.76

145.4

145.4

145.8

Wheat Flour ( Atta)

0.39334

158.94

163.94

161.2

161.7

156.3

Gram Powder (Besan)

0.09734

134.23

136.10

136.1

136.1

136.1

Sooji ( Rawa )

0.08499

168.91

164.97

167.3

168.4

164.0

Rice Bran

0.11785

122.29

122.60

126.1

129.2

132.4

Wheat Bran

0.09066

130.37

125.06

137.2

137.5

131.8

Beaten Rice Flakes (Chire)

0.03750

107.00

107.00

107.0

107.0

107.0

Maize Atta

0.01572

140.60

140.60

140.6

140.6

140.6

Other Grain Mill Products

0.05053

131.33

123.22

125.6

125.6

125.6

D)Bakery Products

0.44354

126.25

127.19

128.3

128.3

127.1

Biscuit / Cookies

0.35095

121.02

121.63

122.3

122.3

120.8

Bread & Buns

0.06304

147.45

145.46

148.2

148.2

148.2

Cakes & Muffins

0.02955

143.71

154.27

156.5

156.5

156.5

E)Sugar, Khandsari&Gur

2.08859

160.50

167.72

170.5

172.6

173.5

Sugar

1.73731

165.02

173.44

176.5

178.5

178.8

Gur

0.07763

197.20

197.15

198.3

208.2

221.5

Khandsari

0.06133

159.87

170.90

175.0

177.7

179.5

Molasses

0.12926

105.10

103.46

102.1

101.4

99.9

Bagasse

0.03946

118.17

115.84

119.7

120.9

132.9

Sugar Confectionary

0.04360

119.48

119.16

125.3

125.6

125.6

F)Edible Oils

3.04293

120.58

135.72

144.2

146.0

146.5

Vanaspati

0.71494

116.32

121.40

121.2

124.6

124.5

Groundnut Oil

0.30438

145.25

163.83

188.3

192.5

190.6

Palm Oil

0.41999

111.30

119.74

129.8

128.9

130.4

Rice Bran Oil

0.18489

120.12

146.82

154.2

154.3

155.3

Cotton Seed Oil

0.26101

124.31

149.52

153.4

161.8

170.7

Mustard & Rapeseed Oil

0.45094

116.30

135.89

151.6

151.4

151.0

Soyabean Oil

0.37971

125.57

147.17

158.3

158.8

157.0

Copra Oil

0.10231

100.08

119.87

116.2

115.8

115.4

Sunflower Oil

0.17348

120.43

132.04

134.7

134.0

134.7

Gingelly Oil

0.05128

134.22

146.36

157.5

155.9

153.6

G)Oil Cakes

0.49441

168.63

175.30

186.1

189.7

191.6

Cotton Seed Oil Cake

0.12928

142.74

157.48

159.8

160.4

157.0

Rice Bran Extraction

0.09174

223.69

222.10

216.7

206.6

215.9

Mustard Oil Cake

0.04018

180.16

165.51

186.2

196.3

200.1

Groundnut Oil Cake

0.04463

240.19

263.14

291.9

296.9

300.7

Other Oil Cakes

0.18858

140.17

146.07

164.2

174.9

176.0

H)Tea & Coffee Proccessing

0.71106

149.80

156.62

154.7

158.0

159.6

Tea Leaf (Blended)

0.27219

153.89

167.54

173.5

179.3

176.3

Tea Leaf (Unblended)

0.18048

145.55

148.80

137.6

135.5

139.6

Tea Dust (Blended)

0.13716

134.03

134.94

130.2

136.8

144.8

Tea Dust (Unblended)

0.09813

157.62

152.91

149.2

151.5

152.4

Coffee Powder

0.02310

195.80

233.48

236.2

236.2

236.2

I)Salt

0.04810

174.77

176.24

181.8

181.8

181.8

J) Other Food Products

0.87933

141.15

157.44

159.2

161.5

161.8

Cashew Kernel

0.38299

135.81

157.11

154.9

159.9

159.4

Gola (Cattle Feed)

0.11247

178.61

186.48

195.4

195.6

199.7

Papad

0.08081

144.16

162.42

168.3

168.6

167.3

Cashew nut (Roasted)

0.01367

130.84

138.33

143.3

142.7

141.2

Mixed Spices

0.06599

142.67

170.42

171.1

174.3

172.6

Pickles

0.02476

117.15

126.16

127.9

127.9

127.6

Soya Preparations (Excluding Oil)

0.05937

140.94

142.99

144.0

148.8

147.6

Readymade / Instant Food Powder

0.13927

128.44

139.42

144.4

141.4

143.6

*Figures for May 2012 and June 2012 are provisional

                         This information was given by the Minister of State  for Commerce &     Industry Shri Jyotiraditya M. Scindia  in written reply to a question in Lok  Sabha today.

 

DS/GK

Topics

Acts Income Tax