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    PROVISIONAL ESTIMATES OF WHOLESALE PRICE INDEX, OUTPUT PRODUCER PRICE INDEX, AND TRIAL INPUT PRODUCER PRICE INDEX FOR THE MONTH OF JULY 2026, AND FINA...
    Logistics Data Bank Tracks 10 Crore EXIM Containers, Provides Visibility across Logistics Chain
    APEDA and Government of Tripura Organise International Organic Buyer-Seller Meet to Expand Global Market Linkages
    WPI inflation eases to 9.78 pc in July on softening in fuel prices
    IDFC FIRST Bank secures its first international rating with Investment Grade from S&P Global Ratings
    DRI busts illegal drug manufacturing facility in Jewar, UP; 30 kg drugs seized and two persons arrested
    UCO Bank launches IFSC Banking Unit at GIFT City
    Banking sector has key role to play as India on way to become 3rd largest economy: Gujarat CM
    India's exports to US rise 12.85 pc in Jul; shipments to China jump 64.57 pc: Govt data
    50 tonnes of copper without e-way bills seized by Delhi GST, Railways joint team
    India's exports surge 19.6 pc in Jul; trade deficit widens to six-month high
    CBI ARRESTS CGST SUPERINTENDENT IN BRIBERY CASE
    The cumulative exports (merchandise & services) during April-July 2026-27 is estimated at US$ 316.42 Billion, as compared to US$ 279.63 Billion in Apr...
    Unlimit Mobile Ties Up with ICICI Bank Canada, RBC Royal Bank to Add Mobile Connectivity Benefits to Student GIC Journey
    Standard Chartered Accelerates India's GCC Growth with its Global Banking Expertise and 25 Years of GCC Experience
    IFSCA Grants Nexent Capital GIFT City Investment Banking License
    India's exports rise 19.63 pc to USD 44.24 bn in Jul; trade deficit widens to $31.98 bn
    Vizhinjam port to commence EXIM operations from Aug 18: Kerala CM Satheesan
    Ratul Puri: Beyond Low-Cost Power to Clean Energy Reliability
    PMS Bazaar Collaborates with NSDL Database Management Limited (NDML Accreditation Agency) to Expand Access to SEBI Accredited Investor Certification
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    August 14, 2026
    Show AI Summary
    Wholesale and producer price indices show July inflation movements, provisional estimates, final revisions, and manufacturing input-price trends.
    Wholesale Price Index, Output Producer Price Index, and trial Input Producer Price Index estimates under the 2022-23 base-year series set out provisional July 2026 measures and final May 2026 revisions. All-commodities WPI stood at 110.0 in July 2026, with year-on-year inflation of 9.78 per cent. The all-commodities Output PPI was unchanged at 109.9, while the trial Input PPI for manufacturing was provisionally estimated at 105.9. Final May WPI, Output PPI and trial Input PPI measures were revised from their respective provisional estimates.
    August 14, 2026
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    Logistics data visibility enables EXIM container tracking, operational analytics and multimodal shipment monitoring across India's logistics chain.
    Logistics Data Bank provides near real-time visibility of India's EXIM container movement through technology-based tracking and stakeholder monitoring tools. RFID-based coverage extends across ports, terminals, inland logistics facilities, rail networks, industrial zones, borders and highways. The platform uses RFID, Internet of Things, Big Data and Cloud technologies, with analytics on dwell time, transit time, and port and terminal performance to identify logistics bottlenecks. LDB 2.0 adds high-seas tracking of export containers and multimodal shipment visibility.
    August 14, 2026
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    International organic buyer-seller linkages support Tripura producers through direct sourcing engagement, market access and sustainable export opportunities.
    International Organic Buyer-Seller Meet in Tripura created a direct platform for organic producers, Farmer Producer Organisations, exporters and international buyers to explore sourcing opportunities, market requirements and long-term commercial linkages. Organic and naturally produced goods, including Queen Pineapple, GI-tagged Kalikhasa Rice, organic ginger and turmeric, black sesame, jackfruit and scented lemon, were showcased through product displays and producer interactions. The initiative seeks to strengthen global market access, sourcing partnerships and income opportunities for organic farmers.
    August 14, 2026
    Show AI Summary
    Wholesale price inflation moderation was driven by softer fuel prices, while manufactured goods and primary articles recorded higher inflation.
    Wholesale price inflation moderated in July, led by a decline in fuel and power inflation and a marginal easing in food-article inflation. Inflation in manufactured products and primary articles increased, making the moderation uneven across groups. Mineral oils, food articles, basic metals, non-food articles, food products, and chemical products remained significant inflation drivers. The output Producer Price Index remained unchanged year-on-year, with lower manufacturing and mining inflation offset by higher agriculture and electricity producer-price inflation.
    August 14, 2026
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    International investment-grade issuer ratings support expanded foreign-currency funding, trade finance, correspondent banking and cross-border financial market access.
    IDFC FIRST Bank's inaugural international investment-grade issuer credit ratings, with a stable outlook, are expected to improve access to international funding markets and global financial counterparties. The rating is intended to support standby letter of credit lines, foreign-currency funding through its GIFT City International Banking Unit, mobilisation of FCNR(B) deposits, correspondent banking relationships and cross-border trade finance. Strong capitalisation, improving profitability, stable asset quality and a granular retail funding profile underpin the outlook.
    August 14, 2026
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    Clandestine psychotropic drug manufacturing faces enforcement targeting precursor chemicals, concealed laboratories, illicit production networks and trafficking operations.
    Enforcement action against clandestine manufacture of psychotropic substances led to the detection of a residential drug-production facility. Searches recovered amphetamine and intermediary forms, precursor chemicals, reagents, raw materials, and manufacturing equipment. Field testing indicated the presence of amphetamine, a psychotropic substance regulated under the Narcotic Drugs and Psychotropic Substances Act, 1985. The recovered apparatus and materials indicated illicit manufacture, while preliminary investigation pointed to short-term, intermittently operated facilities intended to conceal production activities.
    August 13, 2026
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    International banking unit expands cross-border financing, trade finance and foreign-currency service access through GIFT City operations.
    UCO Bank has launched an International Financial Services Centre Banking Unit at GIFT City to provide permitted international banking services. The unit offers trade finance, external commercial borrowings, foreign-currency loans, loan syndication, treasury services and other permitted financial services. It serves Indian corporates, exporters, importers, financial institutions, overseas businesses and other eligible customers requiring cross-border financing and access to global financial markets. FCNR(B) deposits are also offered through the unit.
    August 13, 2026
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    Last-mile credit access is prioritised through timely lending, wider beneficiary coverage, digital support and stronger fraud vigilance.
    Banking-sector participation is emphasised through last-mile credit access for MSMEs, women entrepreneurs, rural artisans, small farmers and other underserved beneficiaries. Banks are urged to expedite government-scheme applications, maximise coverage and use technology for timely financial support. Industrial-policy assistance and incentives cover startups, SC/ST entrepreneurs, persons with disabilities and first-generation entrepreneurs. Greater coordination, expanded village banking access, and vigilance against cyber fraud and mule accounts are also prioritised.
    August 13, 2026
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    Merchandise trade growth saw rising exports to major markets alongside increased imports and continuing United States trade-pact negotiations.
    India's merchandise trade data records increased July exports to the United States and China, alongside growth in imports from both markets. Exports to Singapore, the United Arab Emirates, the Netherlands, Germany, South Africa, Tanzania, Australia, Malaysia, Sri Lanka, Italy and Vietnam showed positive growth, while July exports declined for the United Kingdom, Bangladesh, Saudi Arabia and Nepal. Imports also increased from Russia, Korea, Singapore, Germany, Oman, Malaysia, Taiwan and Brazil. India and the United States are negotiating a trade pact amid an additional United States tariff on India.
    August 13, 2026
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    GST transport documentation enforcement addresses freight movement of metals without valid e-way bills and invoices under applicable rules.
    GST enforcement action led to the seizure of copper and aluminium ingots transported by freight train without valid e-way bills and invoices. The metals were found in three train wagons during inspection of parcel cargo. Further proceedings are to be undertaken under applicable GST rules concerning movement of goods without prescribed transport documentation.
    August 13, 2026
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    Merchandise trade deficit widens as import growth outpaces exports despite strong petroleum, electronics and engineering shipments.
    Merchandise trade in July 2026 saw exports rise 19.63 per cent and imports increase 17.52 per cent, widening the trade deficit to a six-month high. Petroleum products, electronics, engineering goods and marine goods supported export growth, while crude oil and several commodity and capital-goods categories increased imports. During April-July 2026-27, faster import growth widened the cumulative merchandise trade deficit compared with the corresponding prior-year period.
    August 13, 2026
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    Bribery allegations in GST enforcement prompted arrest after alleged payment demand to avoid a tax-liability notice.
    Bribery allegations involving GST enforcement led to the arrest of a CGST Superintendent after a complaint alleged that payment was demanded from a private company to avoid issuance of a tax-liability demand notice and to close the matter. A trap operation resulted in the public servant being apprehended while allegedly accepting part of the demanded bribe, and the amount accepted was recovered. Searches were undertaken, and investigation remained ongoing.
    August 13, 2026
    Show AI Summary
    Trade performance shows rising merchandise and services exports, but faster import growth expands the overall trade deficit.
    India's combined merchandise and services exports and imports increased in July 2026 and April-July 2026-27, while the overall trade deficit widened. Cumulative exports were estimated at US$ 316.42 billion and imports at US$ 365.85 billion, resulting in a trade deficit of US$ 49.43 billion. Merchandise exports, non-petroleum exports, and exports excluding petroleum and gems and jewellery grew, led by petroleum products, electronic goods, engineering goods and chemicals. Services trade recorded a cumulative surplus of US$ 69.17 billion.
    August 13, 2026
    Show AI Summary
    Student GIC referral programmes integrate connectivity credits with funding verification and post-arrival banking arrangements for eligible international students.
    Referral arrangements connect mobile connectivity benefits with the Student Guaranteed Investment Certificate application journey. Applicants may access an online portal through a referral link, submit documents, complete know-your-customer verification, and fund the GIC from permitted Indian bank accounts in no more than two transactions. After arrival, students may activate the GIC account and open a linked bank account for receipt of GIC transfers. Eligible verified applicants receive non-cash mobile credits usable only against mobile bills, subject to a cap on the bill portion payable through credits.
    August 13, 2026
    Show AI Summary
    Global Capability Centre banking support connects offshore and onshore operations to simplify financial management and enable cross-border expansion.
    Global Capability Centre banking support is positioned around connected offshore and onshore banking, international network access, digital banking platforms, and expertise in treasury centres, cross-border corporates, and evolving GCC operating models. The approach seeks to simplify financial operations and support GCC expansion across global markets. India's GCC ecosystem is characterised as a leading global capability hub, with capability centres evolving into strategic enterprise hubs requiring support for operational and financial complexities across markets.
    August 13, 2026
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    Investment banking registration enables regulated cross-border offerings, listings, debt transactions and capital-market advisory through GIFT City.
    IFSCA registration under the IFSCA (Capital Market Intermediaries) Regulations, 2025 authorises Nexent Capital IFSC Private Limited to operate as an investment banker from GIFT City. Permitted activities include management of initial and follow-on public offerings, SPAC and secondary listings, depository receipt issuances, debt capital-market transactions, and other capital-market advisory mandates. The firm proposes to provide transaction structuring, listing-readiness, execution and post-listing capital-markets support for companies seeking capital raising and listing opportunities through GIFT City's exchanges.
    August 13, 2026
    Show AI Summary
    Merchandise export growth was driven by petroleum, electronics, engineering and marine goods, while rising imports widened the trade deficit.
    India's merchandise exports increased in July, while imports also rose and widened the trade deficit. Export growth was attributed to higher overseas shipments of petroleum products, electronics, engineering goods and marine goods. Exports and imports both recorded growth during the April-July fiscal period, and exports to West Asian countries increased in July.
    August 13, 2026
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    EXIM operations at international seaport to commence after customs clearance, bonded-area establishment, and temporary highway connectivity.
    Vizhinjam International Seaport is scheduled to commence EXIM operations after Customs clearance, issuance of Customs notifications, establishment of a Customs-bonded area, and temporary connectivity to NH-66. The port had previously handled transshipment operations. A proposed transfer of a stake in the port concessionaire to a foreign shipping company remains under committee examination and requires Central Government consideration of strategic and security aspects.
    August 13, 2026
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    Renewable energy reliability requires storage, grid readiness and ancillary service markets alongside competitive clean-power procurement.
    Renewable energy procurement is shifting beyond lowest tariffs towards dependable, dispatchable and affordable clean power, assessed through capacity value, balancing capability and system economics. Storage-backed renewable and hybrid projects can improve renewable utilisation, reduce variability and curtailment, and support peak demand. Higher renewable penetration also requires supportive storage policies, timely approvals, aligned intrastate transmission planning, stronger distribution infrastructure, and market mechanisms for ramping reserves, frequency response and fast-response balancing services.
    August 13, 2026
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    Accredited Investor certification facilitates eligible investors' access to alternative investment products, lower thresholds and applicable regulatory flexibilities.
    SEBI's Accredited Investor framework enables eligible investors and entities to obtain certification that may allow lower minimum investment thresholds for Portfolio Management Services, Alternative Investment Funds and other alternative investment products, along with applicable regulatory flexibilities. PMS Bazaar and NSDL Database Management Limited's Accreditation Agency facilitate end-to-end applications, subject to required documentation and prescribed payment. Assistance is available to individual investors and eligible clients of investment providers without additional platform, service or processing charges, while prescribed certification fees remain payable.

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      HIGHLIGHTS

      April 17, 2025

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      New Delhi, Apr 17 (PTI) Following are the top stories at 5 pm: NATION DEL39 MEA-CHOKSI-BELGIUM

      Working closely with Belgium on Mehul Choksi's extradition: MEA New Delhi: India on Thursday said it is working closely with Belgium for extradition of fugitive diamantaire Mehul Choksi.

      DEL42 VP-JUDGES-LD ACCOUNTABILITY

      Why no FIR in burnt cash discovery at judge's house case, questions Dhankhar New Delhi: Vice President Jagdeep Dhankhar on Thursday questioned the lack of an FIR in the discovery of wads of burnt cash case from the residence of a high court judge, wondering whether a "category beyond law" has secured immunity from prosecution.

      DEL30 DEF-RAJNATH

      India has set target of Rs 3 lakh cr in defence production by 2029: Rajnath New Delhi: The value of India's defence production this year is expected to cross Rs 1.60 lakh crore and the target is to manufacture military hardware worth Rs 3 lakh crore by 2029, Defence Minister Rajnath Singh said on Thursday.

      DEL21 KHARGE-MGNREGA

      'Anti-poor' Modi govt bent on 'oppressing' MGNREGA workers: Kharge New Delhi: Congress president Mallikarjun Kharge on Thursday alleged that the "anti-poor" Modi government is bent on "oppressing" MGNREGA workers and reiterated the party's demands that their minimum wage per day be fixed at Rs 400 and that they be provided at least 150 days of work in a year.

      DEL22 BJP-ED-GANDHIS

      Modi govt will put corrupt behind bars: BJP on ED chargesheet against Gandhis New Delhi: The BJP on Thursday kept up the heat on the Gandhi family on the issue of corruption and asserted that those who indulged in corruption and usurped farmers' land will be put behind bars under the "honest government" of Prime Minister Narendra Modi.

      DEL26 CONG-MEETING

      Herald case: Congress calls meeting of general secretaries, in-charges to plan protests New Delhi: The Congress has called a meeting of all its general secretaries, in-charges and heads of frontal organisations on Saturday to decide the way forward for staging protests against the alleged targeting of party leaders Sonia Gandhi and Rahul Gandhi in the National Herald case.

      CAL30 WB-GUV-MURSHIDABAD VICTIMS

      Victims of violence-hit Murshidabad district meet Bengal Guv, seek permanent BSF camp in area Kolkata: West Bengal BJP president Sukanta Majumdar on Thursday took a group of people, rendered homeless due to the recent riots in Murshidabad, to the Raj Bhawan, where they narrated their ordeal to Governor C V Ananda Bose.

      CAL24 WB-MAMATA-GUV-MURSHIDABAD

      Mamata urges Guv to defer visit to riot-hit Murshidabad amid efforts to restore normalcy Kolkata: West Bengal Chief Minister Mamata Banerjee on Wednesday urged Governor C V Ananda Bose to defer his proposed visit to violence-hit Murshidabad district, stating that the situation was gradually returning to normal and confidence-building measures were underway.

      CAL23 WB-MAMATA-TEACHERS

      'Sense of relief': Mamata welcomes SC order extending services of untainted terminated teachers Kolkata: West Bengal Chief Minister Mamata Banerjee on Thursday welcomed the Supreme Court's order extending the services of untainted teachers whose appointments were earlier terminated, stating that there was now a "sense of relief".

      CAL22 OD-TURTLE

      Tagged in Odisha, Olive Ridley Turtle swims 3,600 km in 4 years, reaches Maharashtra beach Kendrapara: Tagged at Gahirmatha Marine Sanctuary on Odisha coast around four years ago, an Olive Ridley Turtle swam around 3,600 km through the Bay of Bengal before being spotted at a Maharashtra beach, a senior Zoological Survey of India (ZSI) scientist said.

      MDS4 TN-AIADMK-COALITION GOVT (R)

      No place for coalition govt in TN, says AIADMK leader Chennai: There was no place for a coalition government in Tamil Nadu and AIADMK chief Edappadi K Palaniswami will form a government "alone" in the state after the 2026 Assembly polls should the NDA win, senior party leader M Thambidurai said on Thursday.

      LEGAL LGD30 SC-LD WAQF ACT

      Waqf case: Centre says won't denotify properties, SC grants it 7 days to reply to pleas New Delhi: The Supreme Court on Thursday recorded the Centre's assurance that neither waqf properties, including "waqf by user", will be denotified nor appointments will be made to the central waqf council and boards till May 5.

      BOM21 MH-HC-FADNAVIS-SUMMONS

      HC issues summons to CM Fadnavis in petition challenging his 2024 assembly poll win Nagpur: The Nagpur bench of Bombay High Court on Thursday issued summons (notice) to Maharashtra Chief Minister Devendra Fadnavis in a poll petition challenging his 2024 win from the Nagpur South West assembly seat.

      CAL12 WB-HC-MURSHIDABAD

      Situation under control in violence-hit Murshidabad: Bengal govt to Cal HC Kolkata: The West Bengal government on Thursday submitted a report before the Calcutta High Court and claimed that the law and order situation in violence-hit Murshidabad district was under control.

      BUSINESS DEL44 BIZ-SITHARAMAN-BSE

      India to navigate global disruptions with policy agility, long-term investments: Sitharaman Mumbai: Finance Minister Nirmala Sitharaman on Thursday said the rise of protectionist policies has the potential to disrupt global supply chains but India will navigate the global disruptions with policy agility and long-term investments.

      FOREIGN FGN33 US-TRUMP-LD HARVARD

      Submit disciplinary records or lose eligibility to enrol foreign students: Trump admin warns Harvard New York: The Donald Trump administration has threatened to revoke Harvard University’s eligibility to enrol international students if it doesn’t submit detailed records of its foreign student’s “illegal and violent activities”. By Yoshita Singh

      FGN25 RUSSIA-HAMAS-HOSTAGES

      Putin thanks Hamas for release of Russian hostages Moscow: President Vladimir Putin has thanked Palestinian group Hamas for releasing three Russian hostages captivated during the October 2023 attack on Israel. By Vinay Shukla

      FGN26 BANGLA-PAK-TALKS

      Bangladesh, Pakistan hold Foreign Office Consultation after 15 years Dhaka: Bangladesh and Pakistan on Thursday held a foreign secretary-level Foreign Office Consultation here after a gap of nearly 15 years and discussed the entire range of bilateral issues focusing on trade ties.

      FES27 UK-GOLCONDA-DIAMOND

      Rare ‘Golconda Blue’ diamond with royal connections to be auctioned in Geneva London: rare ‘Golconda Blue’ diamond with its rich royal history tracing back to the Holkar dynasty is set for a “once in a lifetime” grand appearance on the auction circuit as it goes under the hammer in Christie’s ‘Magnificent Jewels’ sale in Geneva next month. By Aditi Khanna

      FGN31 UK-INDIA-DEFENCE

      India-UK Defence Consultative Group reviews ties, agree to enhance collaboration London: A review of defence ties, with a particular focus on enhancing defence industry collaboration and boosting the 'Make in India' initiative, were on the agenda of the 24th India-UK Defence Consultative Group discussions here this week. By Aditi Khanna

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