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    Ministry of Statistics and Programme Implementation has put in place well-defined mechanisms to ensure timely collection and publication of official s...
    Ministry of Statistics and Programme Implementation undertakes periodic methodological reviews of statistical framework to ensure official statis...
    ENERGY STATISTICS INDIA
    CCI approves acquisition of 100% of the equity share capital of NCR Atleos Corporation (Target) by The Brink's Company (Acquirer)
    US to unveil final action on Sec 301 investigation on Thursday: USTR Greer
    Lokayukta police unearth Rs 17 crore assets of power firm official, relatives
    Maharashtra govt releases 'representative' list of 533 beneficiaries of farm loan waiver scheme
    India exports 12.5 tons of Dashehari, Langra mangoes from UP to Dubai via sea route
    Finacle 10.2.25 software will make banking services faster and more transparent: Himachal CM
    Return of foreign investments shows revival of confidence in economy: RBI Bulletin
    India-US trade deal is almost complete: US State Department after Jaishankar-Rubio talks in Manila
    SC says legal error not sole ground to revoke liberty, flags growing trend of challenging bail
    Parliamentary joint committee on corporate laws amendment bill gets more time to submit report
    Archies Online Launches Pan-India Same-Day Cake, Flower & Gift Delivery Service
    DRI busts clandestine Mephedrone manufacturing facility in Ankleshwar, Gujarat and seizes Rs. 21 lakh; Three arrested
    SC rejects pleas of ED and state against grant of bail to Chaitanya Baghel in liquor scam cases
    US to impose steep tariffs on generic medicine imports from Aug 2028
    Asian shares edge higher after Wall Street climb, even as Brent oil keeps rising
    Rupee falls 11 paise to 96.36 against US dollar in early trade
    India Reaffirms Commitment to Rules-Based Multilateral Trading System at WTO Trade Policy Review in Geneva
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    July 23, 2026
    Show AI Summary
    Official statistics dissemination uses digital validation, release calendars, anonymised microdata and accessible platforms to strengthen timeliness and transparency.
    Official statistics collection and dissemination are supported through digital survey platforms with built-in validation, real-time monitoring and supervisory quality controls. Consumer Price Index, National Accounts Statistics and Index of Industrial Production data are collected, compiled or validated through specified quality and timeliness mechanisms. An Advance Release Calendar supports accountable publication, while anonymised survey microdata, stakeholder engagement and digital portals improve transparency, accessibility and use of official statistics.
    July 23, 2026
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    Official statistical modernization strengthens macroeconomic measurement through revised bases, digital surveys, validated data collection and district-level estimates.
    Official statistical methodology and National Sample Surveys are periodically reviewed to reflect changing economic conditions, emerging data needs and international standards. Base revisions for key macroeconomic indicators incorporate updated data, expanded coverage, revised weights, administrative sources and improved estimation of the unincorporated sector. Survey methods are updated through expert consultation, pilot studies and field testing. Digital collection platforms, validation checks, real-time monitoring, AI-enabled tools and multilingual interfaces support improved data quality, quicker releases, high-frequency surveys and district-level estimates.
    July 23, 2026
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    Energy statistics reporting expands with internationally aligned consumption data, energy-sector credit flows, and improved coal and electricity coverage.
    Energy Statistics India 2026 reports Total Primary Energy Supply and renewable energy potential, supporting energy policy and infrastructure planning. Its 33rd edition adds data on credit flow to the energy sector, the international energy scenario, and international marine and aviation bunker use. It aligns end-use consuming sectors for energy commodities with international standards and addresses data gaps in industry-wise coal and electricity consumption.
    July 23, 2026
    Show AI Summary
    Competition approval for full acquisition integrates cash replenishment, ATM hardware, software, managed services and maintenance operations.
    Competition approval has been granted for The Brink's Company's acquisition of the entire equity share capital of NCR Atleos Corporation, which will become wholly owned and controlled by the acquirer. The acquirer provides cash replenishment and ancillary first-line maintenance in India. The target's Indian activities include ATM hardware manufacture and supply, ATM software development and licensing, ATM managed services, and first-line and second-line ATM maintenance.
    July 22, 2026
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    Forced-labour import controls face proposed Section 301 tariff action, while India contests the investigations through bilateral trade discussions.
    Section 301 investigations concerning forced-labour imports examine whether 60 major trading partners, including India, have adopted and effectively enforced import prohibitions on goods produced with forced labour. Proposed additional tariffs would vary according to the strength of existing forced-labour import controls. India has contested the investigations and indicated that these issues may be addressed through the bilateral trade agreement under discussion. India has also initiated an anti-dumping investigation into global soda ash imports to assess potential injury or threat of injury to domestic industry.
    July 22, 2026
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    Disproportionate-assets investigation examines property, bank accounts, tax returns and investments linked to a power company official and relatives.
    Disproportionate-assets investigation concerns allegations that a power distribution company official and close relatives acquired movable and immovable assets beyond known sources of income. Lokayukta Police conducted searches, identified assets and bank deposits linked to the official, family members and associated business entities, and sought freezing of account transactions. The inquiry includes verification of property acquisitions, income-tax returns, and stock-market and mutual-fund investments, with further investigation pending.
    July 22, 2026
    Show AI Summary
    Farm loan waiver eligibility requires verified data, Agristack registration and Aadhaar authentication before direct transfer to loan accounts.
    The farm-loan waiver and one-time settlement mechanism applies to eligible beneficiaries whose loan data is uploaded by participating banks and verified through the scheme portal. Excluded categories include legislators, local-body office-bearers, government employees, certain income-tax payers, and specified cooperative-sector personnel. Eligible farmers must register on Agristack and complete Aadhaar authentication using their Aadhaar number or unique ID. After successful authentication, the eligible benefit is transferred directly to the loan account through the Direct Benefit Transfer system.
    July 22, 2026
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    Sea-route mango export protocol validates cold-chain shipping that can reduce logistics costs and expand overseas market access.
    A sea-route export protocol for Dashehari and Langra mangoes was commercially validated for shipment from Uttar Pradesh to Dubai under an extended harvest-to-market transit period. The process used scientific post-harvest management, shelf-life treatment, grading, packing, refrigerated-container transport and a continuous cold chain. The reported marketable condition on arrival supports wider use of cost-effective sea freight, potentially reducing logistics costs, improving grower procurement prices and expanding access to overseas markets.
    July 22, 2026
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    Core banking migration supports faster transactions, stronger cyber security, transparent services and more convenient digital banking for customers.
    Migration of the cooperative bank's core banking system to the Finacle 10.2.25 platform is intended to enable faster, more transparent and secure banking services. The platform is expected to support customer-friendly transactions, stronger cyber security, convenient digital banking and improved operational efficiency. It may also strengthen the bank's delivery of financial benefits under government welfare schemes.
    July 22, 2026
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    Foreign investment recovery signals improved economic confidence amid sustained trade momentum and renewed food- and fuel-led inflation pressures.
    Foreign investment recovery, external trade momentum and inflation developments are examined amid geopolitical and supply-chain uncertainty. Strong export and import growth, the operationalisation of the India-UK Comprehensive Economic and Trade Agreement, renewed portfolio inflows and higher foreign direct investment were identified as supporting external-sector confidence. Consumer price inflation increased, led by food and fuel, while core inflation remained unchanged. Food-price pressures continued across staples, edible oils and vegetables, although comfortable foodgrain stocks could mitigate food-inflation effects.
    July 22, 2026
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    Interim trade deal negotiations near completion as bilateral discussions advance tariffs, defence agreements, strategic cooperation, and regional security.
    India-US bilateral engagement focused on advancing an interim trade arrangement reported to be nearing completion, alongside discussions on tariffs, energy, defence and security, critical minerals, and artificial intelligence. The talks included a shared interest in finalising the interim trade deal and completing unspecified defence agreements connected with prior bilateral commitments. Regional security, West Asia, the Indo-Pacific, and Quad cooperation were also discussed amid efforts to restore bilateral relations following trade, immigration, and security-related strains.
    July 22, 2026
    Show AI Summary
    Bail cancellation requires harm to criminal justice administration, not merely a legally flawed order granting liberty.
    Bail cancellation must turn on whether continued liberty obstructs the administration of criminal justice, not solely on legal error in the order granting bail. A deficient bail order, without more, does not justify revoking liberty. Challenges to bail orders should not displace the objective of timely trials and securing convictions. Although erroneous legal principles may require correction for consistency, they may not alone warrant cancellation of bail. Broader questions concerning the governing cancellation standard remain open.
    July 22, 2026
    Show AI Summary
    Corporate law amendments face extended parliamentary review of proposals on compliance decriminalisation, ease of doing business, and governance modernisation.
    Parliament extended the Joint Parliamentary Committee's reporting deadline on the proposed Corporate Laws (Amendment) Bill, 2026 until the end of the Monsoon Session. The Committee is examining amendments to the Limited Liability Partnership Act, 2008 and the Companies Act intended to facilitate ease of doing business, decriminalise minor procedural defaults, and modernise the corporate governance framework.
    July 22, 2026
    Show AI Summary
    Same-day gifting delivery expands access to cakes, flowers and curated gifts through an integrated pan-India online platform.
    Archies Online has introduced a pan-India same-day delivery service for cakes, flowers, gifts and hampers across major cities. Its integrated online platform offers greeting cards, personalised gifts, chocolates, soft toys and curated hampers for personal, professional and festive occasions. Same-day options include Rakhi and Friendship Day collections, supported by product curation, fresh sourcing and a delivery network intended to provide timely and dependable gifting services.
    July 22, 2026
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    Mephedrone trafficking enforcement uncovered a clandestine laboratory, controlled precursors, alleged drug proceeds and an intended receiver.
    Illicit manufacture and trafficking of Mephedrone, a psychotropic substance under the Narcotic Drugs and Psychotropic Substances Act, 1985, were addressed through an intelligence-led operation involving a clandestine laboratory. Manufacturing equipment, Mephedrone, its controlled precursor, Monomethylamine, and other chemicals used in manufacture were seized under the Act. Cash believed to be drug-trafficking proceeds and a further amount intended as token payment for delivery were recovered. Three persons were arrested in connection with the alleged network.
    July 22, 2026
    Show AI Summary
    Bail parity in liquor-scam proceedings sustained where principal accused had bail; adverse investigative remarks were removed.
    Bail in the alleged liquor-scam proceedings was sustained on the basis of parity, the applicant's comparatively lesser alleged role, prolonged custody, and the documentary nature of the investigation. The evidentiary value of statements, financial records and digital material was regarded as an issue for trial rather than conclusive assessment at the bail stage. Adverse observations against the state economic-offence investigation were expunged.
    July 22, 2026
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    Generic medicine import tariffs are designed to encourage domestic pharmaceutical manufacturing while preserving policy for patented, branded and innovative drugs.
    Generic medicine imports into the United States are proposed to remain duty-free for two years, followed by escalating tariffs. The structure is intended to encourage pharmaceutical companies to establish manufacturing plants and equipment in the United States, with higher duties applying where companies do not do so within the stated period. The policy is confined to generic drugs, while the approach for patented, branded and innovative medicines is stated to remain unchanged.
    July 22, 2026
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    Oil-driven inflation pressures may prompt higher interest rates, despite equity gains led by artificial-intelligence and semiconductor shares.
    Asian equity markets largely rose following Wall Street gains led by artificial-intelligence and semiconductor shares. Rising crude oil prices are identified as a renewed inflation risk that could encourage central banks to raise interest rates, slowing economic activity and affecting equity valuations. Japan's reliance on imported energy and the effects of a weaker yen on trade values and energy costs are also highlighted.
    July 22, 2026
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    Foreign exchange market volatility pressures the rupee as oil-linked geopolitical risks boost safe-haven dollar demand and prompt market monitoring.
    Foreign exchange market movement saw the rupee depreciate against the US dollar amid higher crude oil prices, geopolitical tensions affecting oil-shipment security, and safe-haven demand for the dollar. RBI measures intended to attract overseas deposits were reported to support market confidence through foreign-currency inflows. Dealers were monitoring possible RBI participation through state-owned banks to moderate currency volatility while permitting gradual exchange-rate adjustment and preventing disorderly market movements.
    July 22, 2026
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    Rules-based multilateral trade engagement guides India's policy review, highlighting digital reforms, trade facilitation and clarification of market measures.
    India's WTO Trade Policy Review reaffirms commitment to a transparent, rules-based, inclusive and development-oriented multilateral trading system. It identifies reforms in trade facilitation, digital customs, logistics modernisation, quality infrastructure, Digital Public Infrastructure, innovation, sustainability, agricultural resilience and regional trade agreements. WTO Members recognised India's economic resilience and customs and digital modernisation, while seeking clarification on trade and investment regimes, Quality Control Orders, trade-remedy measures and WTO reforms.

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      NATO is on the cusp of accepting Trump's 5% defense investment demand, Rutte says

      June 6, 2025

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      Brussels, Jun 6 (AP) Most U.S. allies at NATO endorse President Donald Trump's demand that they invest 5% of gross domestic product on their defense needs and are ready to ramp up security spending even more, NATO Secretary-General Mark Rutte said Thursday.

      “There's broad support,” Rutte told reporters after chairing a meeting of NATO defense ministers at the alliance's Brussels headquarters. “We are really close,” he said, and added that he has “total confidence that we will get there” by the next NATO summit in three weeks.

      European allies and Canada have already been investing heavily in their armed forces, as well as on weapons and ammunition, since Russia launched a full-scale invasion of Ukraine in 2022.

      At the same time, some have balked at U.S. demands to invest 5% of GDP on defense — 3.5% on core military spending and 1.5% on the roads, bridges, airfields and sea ports needed to deploy armies more quickly.

      Still struggling to meet the old goal: In 2023, as Russia's full-scale war on Ukraine entered its second year, NATO leaders agreed to spend at least 2% of GDP on national defense budgets. So far, 22 of the 32 member countries have done so, and others still struggle to do so.

      Trump and his NATO counterparts appear likely to endorse the new goal at a summit in The Hague on June 24-25. Trump insists that U.S. allies should spend at least 5% so America can focus on security priorities elsewhere, mostly in the Indo-Pacific and its own borders.

      He has gained important leverage over the other NATO countries by casting doubt over whether the United States would defend allies that spend too little. At the same time, Trump has imposed tariffs on ally and foe alike, citing U.S. security concerns.

      The new goal would involve a 1.5% increase over the current 2% goal for defense budgets. It means that all 32 countries would be investing the same percentage.

      The United States spends by far more than any other ally in dollar terms.

      But according to NATO's most recent figures, it was estimated to have spent 3.19% of GDP in 2024, down from 3.68% a decade ago. It's the only ally whose spending has dropped since 2014.

      While the two new figures do add up to 5%, factoring in improvements to civilian infrastructure so that armies can deploy more quickly significantly changes the basis on which NATO traditionally calculates defense spending.

      The seven-year time frame is also short by the alliance's usual standards. The far more modest 2% target – set after Russia annexed Ukraine's Crimean Peninsula in 2014 – was meant to be reached over a decade.

      US leadership at NATO: According to U.S. Defense Secretary Pete Hegseth, Trump has done nothing less than save NATO.

      He told reporters that European allies around the table on Thursday had said: “We hear you. We all need increased capabilities. We all need to spend more. Thank you, President Trump, for reviving this alliance. It was an alliance that was sleepwalking to irrelevance.” The extra spending will also be needed should the Trump administration announce a force draw down in Europe, where around 84,000 U.S. troops are based, leaving European allies to plug any security gaps.

      Asked what the Pentagon's plans are, Hegseth did not explain but he said: “It would only be responsible for the United States to continually assess our force posture, which is precisely what we've done.” “America can't be everywhere all the time, nor should we be, and so there are reasons why we have troops in certain places,” he said, offering the assurance that any review would be done “alongside our allies and partners to make sure it's the right size.” Endorsing “capability targets”: During the meeting, Hegseth and his defense counterparts also approved purchasing targets for stocking up on weapons and military equipment to better defend Europe, the Arctic and the North Atlantic, as part of the U.S. push to ramp up security spending.

      The “capability targets” lay out goals for each of the 32 nations to purchase priority equipment like air defense systems, long-range missiles, artillery, ammunition, drones and “strategic enablers” such as air-to-air refuelling, heavy air transport and logistics. Each nation's plan is classified, so details are scarce.

      The new targets are assigned by NATO based on a blueprint agreed upon in 2023 — the military organization's biggest planning shakeup since the Cold War — to defend its territory from an attack by Russia or another major adversary.

      Under those plans, NATO would aim to have up to 300,000 troops ready to move to its eastern flank within 30 days, although experts suggest the allies would struggle to muster those kinds of numbers.

      The member countries are assigned roles in defending NATO territory across three major zones — the high north and Atlantic area, a zone north of the Alps, and another in southern Europe.

      NATO planners believe that the targets must be met within 5-10 years, given the speed at which Russia is building its armed forces now, and which would accelerate were any peace agreement reached to end its war on Ukraine. (AP) NSD NSD

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