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August 3, 2026
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Foreign exchange market support strengthens the rupee as lower crude prices, portfolio inflows and reserve growth improve sentiment.
Foreign exchange market conditions supported an early appreciation of the rupee against the US dollar, attributed to lower global crude oil prices, a weaker dollar, sustained foreign portfolio inflows, higher foreign exchange reserves, and Reserve Bank of India presence in the foreign exchange market. Domestic equity market gains and net foreign institutional equity purchases were also identified as supporting factors.
August 2, 2026
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Gold smuggling detection targets sophisticated concealment methods through strengthened passenger profiling, intelligence gathering and coordinated investigations into organised networks.
Gold smuggling detection at Kerala airports led to multiple seizures, registration of cases and arrests in alleged smuggling attempts. Organised networks reportedly use gold in paste or compound forms concealed in clothing, body cavities, aircraft seats and other unconventional locations. Enforcement measures include strengthened passenger profiling, intelligence gathering and inter-agency coordination, while investigations continue to identify associated syndicates and financiers.
August 2, 2026
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Offshore exploration funding supports deepwater drilling, shared infrastructure and seismic data to strengthen domestic hydrocarbon production potential.
The Samudra Manthan National Offshore Exploration Scheme provides direct budgetary support for high-risk deepwater and ultra-deepwater exploratory drilling, subject to cost-sharing and per-well limits. Support is available to eligible operators holding or securing exploration acreage. The scheme also funds offshore data acquisition and shared subsea, receipt and processing infrastructure through a Common Hub Infrastructure model. It is intended to promote risk exploration, improve commercialisation of offshore discoveries and strengthen domestic hydrocarbon production potential within the existing exploration and licensing framework.
August 1, 2026
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GST compliance enforcement combines taxpayer refunds, analytics-based fraud detection, cancellation of fake registrations, and recovery of outstanding VAT arrears.
Punjab attributed increased GST collections to voluntary compliance, intelligence-based enforcement and technology-driven tax administration, while facilitating compliant taxpayers through timely GST refunds. Data analytics, risk profiling and field verification were used to identify tax evasion, bogus billing, fake input tax credit networks and misuse of the GST registration framework. Measures included penalties, cancellation of fraudulent registrations and recovery of long-pending VAT arrears through attachment and auction of defaulters' properties.
August 1, 2026
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Cross-border barter trade resumes through Shipki La, subject to permitted goods, time limits, and import-export compliance requirements.
Cross-border barter trade through Shipki La between India and Tibet resumed after a six-year interruption. Traders may exchange specified goods under a barter arrangement and must return within 72 hours. Traders are required to comply strictly with import-export regulations prescribed by the Union Ministry of Commerce, emphasising transparency and regulatory compliance. Expansion of permitted goods may be pursued through prescribed governmental and external-affairs channels.
August 1, 2026
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Export growth projections outline pathways for Odisha to expand merchandise trade through export diversification, MSME support and financing initiatives.
Export growth projections for Odisha set out base, optimistic and ambitious scenarios through FY 2029-30, based respectively on historical growth, envisaged national export growth, and a larger share of national exports. Odisha's export basket remains concentrated in metals and minerals, led by aluminium products, with China as the principal export destination. Odisha Vision 2047 identifies exports, including MSME contributions, as an economic transformation driver, while export-financing and risk-mitigation initiatives aim to address financing gaps for exporters and MSMEs.
August 1, 2026
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GST compliance enforcement through AI analytics supported sustained net GST collection growth despite rate rationalisation reforms and reduced compliance costs.
GST revenue mobilisation in Andhra Pradesh showed year-on-year growth in net GST and total commercial tax collections through July 2026, despite rate-rationalisation reforms. Revenue growth was attributed to AI-based scrutiny and analytics, machine-learning risk scoring, AI-driven IGST reversals, UPI-based enforcement analytics, data sharing, predictive analytics, registration verification, and Aadhaar-integrated expansion of the professional-tax base. These measures were stated to strengthen compliance, curb wrongful input tax credit claims, broaden taxpayer coverage, and improve revenue mobilisation.
August 1, 2026
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Economic-offences fraud chargesheets address alleged fictitious loans, forged insurance surrender papers, and diversion of bank and policy funds.
Economic-offences chargesheets were filed in separate alleged bank and insurance fraud matters. The bank investigation alleged fictitious loan sanctions and overdrafts beyond delegated authority, involving cheating, forgery, use of forged documents and criminal conspiracy. The insurance investigation alleged that duplicate policy records and forged surrender documents were used to open a fraudulent account in a policyholder's name and divert policy proceeds. Records, witness statements, documentary evidence and forensic examination were cited in support of the allegations.
August 1, 2026
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PM Vishwakarma Scheme implementation expands artisan enrolment, skills, credit, e-commerce access and export facilitation while addressing documentation barriers.
PM Vishwakarma Scheme implementation in Delhi facilitated artisan enrolment, application processing, skill training, toolkit distribution, loan access, e-commerce onboarding and export-related support. Awareness workshops and tele-calling campaigns were used to promote participation and follow up on benefits. Key implementation challenges concerned outreach to informal clusters, digital literacy, delays in Aadhaar and IEC documentation, and additional support for Divyang artisans. Planned action includes expanding workshops, scaling e-commerce onboarding, strengthening export facilitation and coordination with implementing agencies.
August 1, 2026
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Goods and Services Tax collections rise on domestic consumption and imports, while elevated import revenue prompts assessment of underlying drivers.
Goods and Services Tax collections for July increased over the corresponding prior-year period, supported by domestic sales and imports. Gross receipts included Central GST, State GST and Integrated GST, with net GST revenue calculated after adjusting refunds. For the April-July period, gross and net collections also increased. Commentary linked domestic GST growth to consumption, formalisation and industrial activity, while identifying elevated import GST collections as an area requiring assessment of import composition, currency effects and volumes.
August 1, 2026
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GST revenue collections show provisional gross, refund and net revenue trends, with State-wise settlement and domestic collection data.
GST revenue collections for July 2026 are reported provisionally through gross domestic and import revenue, domestic and export-related refunds, and net GST revenue after refunds. The data also sets out SGST collections and the SGST share of IGST settled to States and Union Territories, both monthly and cumulatively. State-wise domestic GST growth excludes GST on imported goods, while jurisdiction-wise data allocates collections between central and State formations and identifies CGST, SGST and IGST components.
August 1, 2026
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Bilateral trade cooperation expands through a Joint Trade Committee covering investment, critical minerals, healthcare, digital technologies and market access.
Bilateral trade and investment cooperation between India and Rwanda is to be advanced through a structured Joint Trade Committee mechanism for reviewing commerce, diversifying trade, promoting investment, facilitating business engagement and addressing market-access and logistical issues. Priority cooperation includes critical minerals, pharmaceuticals and healthcare, agriculture and agro-processing, standards harmonisation, digital public infrastructure, fintech, cybersecurity, green mobility and renewable energy. Investment focal points will support engagement, while capacity-building assistance and close monitoring of the Agreed Minutes are intended to support time-bound implementation.
August 1, 2026
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GST collection growth in West Bengal continued year-on-year in July but remained below the national growth trend.
West Bengal's July GST collection increased year-on-year and over the preceding month, marking a second consecutive month of annual growth. Official data also indicated that the State's annual growth rate was below the national trend, while gross domestic GST revenue excluding imports and overall gross GST collections including import-related taxes rose nationally during July.
August 1, 2026
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GST collection growth reflects higher revenue mobilisation from domestic transactions and imports, with refunds adjusted in net revenue.
Goods and Services Tax collections increased in July, driven by higher revenue from domestic transactions and imports. The gross collection comprised Central GST, State GST and Integrated GST components. Refunds also increased during the month, and net GST revenue was determined after adjustment of refund outflows from gross tax receipts.
August 1, 2026
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Concessional foreign-exchange swaps encourage bank deposits and foreign borrowings to strengthen balance-of-payments resilience and foreign-exchange liquidity.
The Reserve Bank of India introduced a concessional foreign-exchange swap facility to encourage foreign-currency inflows, strengthen the balance of payments and support foreign-exchange liquidity. The facility applies to fresh Foreign Currency Non-Resident (Bank) deposits, Overseas Foreign Currency Borrowings and External Commercial Borrowings. Foreign Currency Non-Resident (Bank) deposits constitute the principal source of inflows mobilised under the arrangement. The facility is available for specified time-bound periods, with a later availability period for Overseas Foreign Currency Borrowings and External Commercial Borrowings.
August 1, 2026
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Unauthorised pledge of listed-company land triggered securities-market bars for disclosure failures and misuse of management authority.
Unauthorised pledge of ZEEL's Hyderabad land as security for loans obtained by promoter-linked entities was treated as a related-party transaction lacking prior audit committee approval. ZEEL failed to disclose the land's deployment in its financial statements. Its Chairman Emeritus was stated to have transferred title deeds by falsely representing management approval and to have concealed the transaction's nature. Securities-market prohibitions and monetary penalties were imposed with immediate effect.
August 1, 2026
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Trade and sustainable development policy integrates carbon regulation, sustainability standards and domestic frameworks to strengthen trade competitiveness and preparedness.
Trade and Sustainable Development policy was examined in relation to international trade disciplines, sustainability regulation and India's trade strategy. Discussions considered carbon markets, carbon pricing, carbon border adjustment measures, sustainability standards and regulatory cooperation, and their implications for trade and industrial competitiveness. Domestic mechanisms, including the Carbon Credit Trading Scheme, Indian Carbon Market, Extended Producer Responsibility framework, and accreditation and conformity assessment systems, were considered for strengthening preparedness for emerging sustainability-related trade disciplines.
August 1, 2026
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Digital public procurement engagement begins with stakeholder events promoting transparent, efficient and inclusive marketplace governance.
Government e-Marketplace launched ten-day celebrations preceding its tenth Foundation Day, including a commemorative logo, stakeholder events and recognition of employees, buyers and sellers. The programme begins a year-long nationwide outreach initiative bringing together buyers, sellers, policymakers, industry representatives and ecosystem partners through events, dialogues and collaborative platforms. Its stated focus is technology-enabled, transparent, efficient and inclusive public procurement.
July 31, 2026
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Strategic trade controls require dual-use exports to comply with national law and international obligations amid arms-transfer allegations.
Strategic trade controls governing dual-use exports require Indian exports of dual-use items and technologies to comply with national law and India's international obligations. The stated framework applies to exports to various countries. In response to allegations concerning supplies to Israel, the position notes calls for an arms embargo covering direct or indirect transfers of arms and military material, including weapons, ammunition, parts and components, without determining the underlying allegations.
July 31, 2026
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Greenfield airport development under a public-private partnership advances licensed international passenger, cargo, logistics, and sustainable infrastructure.
A greenfield international airport is being developed under a Public-Private Partnership and Design, Build, Finance, Operate and Transfer framework, with airport, aviation-hub, education and supporting infrastructure components. The airport has obtained an aerodrome licence and required safety, fire and environmental clearances. Passenger, airfield and terminal systems are designed for domestic and international operations. A cargo terminal with cold-chain facilities and integration with port, industrial-corridor and logistics networks are intended to strengthen exports and air-cargo logistics. Recycled-water use and LEED Platinum development standards form part of its environmental measures.

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News and Press Release

Changes in Periodic Labour Force Survey (PLFS) from 2025

May 14, 2025

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National Statistics Office (NSO), MOSPI continues its endeavour to enhance the scope, relevance and coverage of the surveys conducted by NSS. Key labour force indicators from PLFS at the all-India level will now be released on monthly basis and the PLFS quarterly results will now be brought out for rural, urban and rural and urban areas combined.

National Statistics Office, Ministry of Statistics & Programme Implementation (MOSPI) is making continuous efforts to bring significant improvements in the surveys conducted by NSS through enhancement of the frequency, scope, relevance of the surveys along with reduction in the timeline for dissemination of survey findings and provisioning easy access to the survey data. NSO, MOSPI has conducted the back-to-back surveys of Household Consumption Expenditure (HCES) during 2022-23 and 2023-24, has completed the second pan-India Time Use Survey (TUS) undertaken during 2024 and is in the process of undertaking the Domestic Tourism Expenditure Survey (DTES) and first ever pan-India National Household Travel Survey (NHTS) from July 2025. 

As a part of this continuous endeavour aimed at enhancing the surveys of NSS, the sampling design of PLFS has been revamped from January 2025 to address the requirement of high frequency labour market indicators with enhanced coverage from PLFS.  The revamped PLFS is envisaged to address the following objectives.

  • to estimate the key employment and unemployment indicators (viz. Labour Force Participation Rate, Worker Population Ratio, Unemployment Rate) on a monthly basis for rural and urban areas at all-India level in the Current Weekly Status (CWS)
  • to extend the coverage of the Quarterly results of PLFS to rural areas and thereby producing quarterly estimates at the country level and for major States in the Current Weekly Status (CWS)
  • to estimate important employment and unemployment indicators in both usual status (ps+ss) and CWS in both rural and urban areas annually

Usual Status (ps+ss) and Current Weekly Status (CWS) refers to frameworks for determining activity status of person surveyed based on reference periods of last 365 days and last seven days preceding the date of survey, respectively.

PLFS was launched in 2017 essentially to address the requirement of generating estimate of the key employment and unemployment indicators quarterly for the urban areas only in the Current Weekly Status (CWS) and providing important employment and unemployment indicators in both usual status (ps+ss) and CWS in both rural and urban areas annually.

The quarterly results of PLFS have been brought out in the form of Quarterly Bulletins. Till 2024, twenty-five Quarterly Bulletins of PLFS corresponding to the quarter ending December 2018 to quarter ending December 2024 have been released.

The annual results of PLFS have been released in form of PLFS Annual Report covering the survey period July of a specific year to the month of June of the following year along with the unit level survey data. Seven such Annual Reports covering both rural and urban areas and giving estimates of all important parameters of employment and unemployment in both usual status (ps+ss) and current weekly status (CWS) have been released spanning the period July 2017 to June 2024.

The revamped PLFS sample design from January 2025 will result in the following updation in the PLFS dissemination:

1. Availability of monthly estimates of key labour market indicators at the country level: 

The revamped PLFS sample design will enable generation of the monthly estimates of key labour market indicators viz. Labour Force Participation Rate (LFPR), Worker Population Ratio (WPR) and Unemployment Rate (UR) at the all-India level following the Current Weekly Status (CWS) approach. The monthly estimates will help in timely policy interventions. The first monthly bulletin of PLFS for the month April, 2025 is scheduled to be released in May, 2025.

2. Extending quarterly estimates to rural areas:

At present PLFS provides quarterly labour market indicators for the urban areas only. With the updation in the PLFS sample design quarterly estimates of employment unemployment indicators will be available for both rural and urban areas and hence for the entire country. The first quarterly bulletin of PLFS covering both rural and urban areas for the quarter April-June, 2025 is slated to be released in August 2025.

3. Moving to the approach of calendar year reporting

From the year 2025, the annual PLFS results will be brought out based on the calendar year i.e. survey period of January – December of a specific year (e.g. January 2025 – December 2025). This change in disseminating the PLFS annual results and unit level data will facilitate comprehensive analysis of labour market performance through review of key employment unemployment indicators and also assist in timely updation of India’s labour market statistics in the databases maintained by the international agencies.

The sampling methodology encompassing various aspects of the PLFS sampling design has been revamped to realise the objective of releasing the high frequency labour force indicators from PLFS. Salient aspects of the revamped sample design are mentioned below.

  • Enhanced sample size

The revamped PLFS sample design is a multistage stratified design. List of census 2011 villages / urban Frame Survey (UFS) blocks / sub-units (for those villages or UFS blocks where sub-units are formed within) together formed the sampling frame for selection of the First Stage Units (FSUs). In the revamped PLFS sample design, a total sample size of 22,692 FSUs is planned to be surveyed (12,504 FSUs in the rural areas and 10,188 in the urban areas) in each year of the two-year panel with first visit schedule as compared to 12,800 FSUs surveyed in PLFS upto December, 2024.

A total of 12 households will be surveyed from each of the selected FSUs which implies an overall sample size of around (22,692 x 12) = 2,72,304 households. This marks a 2.65 time increase in sample households to be covered in PLFS as compared to the number of sample households covered upto December, 2024 (which was around 1,02,400). The enhanced sample size is expected to provide reliable estimates of labour market indicators with improved precision.

  • Representation of districts in PLFS sample

In the revamped PLFS sample design, district has been made the primary geographical unit, called basic stratum within a state/UT separately for rural and urban sectors for selecting FSUs for most part of the geography covered. In the remaining parts, NSS region has been made the basic stratum. This will ensure presence of sample observations from most of the districts in the PLFS sample, which will improve the representativeness of the estimates generated.

For rural areas provision for stratification has been made within district / NSS region (as the case may be) based on distance of the villages within 5 Kms from the district headquarter or from a city/town with more than 5 lakh population. In case of urban areas million plus cities within district / NSS region has been formed as stratum. This will also improve the reliability of the estimates by incorporating sample observations from spatial segments having different nature of labour market dynamics.

Comparability of monthly estimates with previously released estimates of PLFS

The sample design of the Periodic Labour Survey (PLFS) has been revamped from January 2025. As part of revamping of the sample, design monthly rotational panel scheme has been implemented for both rural and urban areas wherein each selected household is visited four times in four consecutive months – one with first visit schedule and other three with the revisit schedule in the following three months. The aspects related to the multistage stratified design followed in PLFS like the choice of First stage Units (FSU) to be surveyed, the primary geographical unit (i.e. basic stratum) from which FSUs are selected, stratification rules applied to FSUs and sampling selection method for selecting FSUs have been changed. The number of households to be surveyed within a selected FSU has been increased from 8 to 12 households.

In addition, some changes have also been incorporated in the structure of the Schedule of inquiry. The details of the revamped PLFS sample design and changes made in the Schedule of inquiry have been provided in this report titled PLFS: Changes in 2025. Users of PLFS results need to consider the changes implemented in PLFS from January 2025 while comparing PLFS results with estimates released through PLFS publications up to December, 2024. The results of the PLFS post January 2025 thus need to be understood and used in the context with which the sample selection methodology of PLFS has been designed.

The changes in the PLFS sample design adopted from January 2025 in detail and the modifications made in PLFS schedule of enquiry from January 2025 are given in the PLFS release titled PLFS: Changes in 2025. The same is available at the website of the Ministry (https://mospi.gov.in).  

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