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    Assam Exports First International Consignment of Purabi Ice Cream to Bhutan
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July 29, 2026
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Processed dairy exports to Bhutan expand through compliance support, market access facilitation, and planned diversification of longer-shelf-life products.
Processed dairy exports from Assam to Bhutan commenced with a Purabi Ice Cream consignment exported by North East Dairy and Foods Limited and manufactured through Assam's cooperative dairy network. The Agricultural and Processed Food Products Export Development Authority supported export documentation, regulatory compliance, market access and stakeholder coordination. The initiative seeks to expand value-added dairy exports from the North Eastern Region, with plans to introduce longer-shelf-life products and increase exports according to market demand.
July 29, 2026
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Financial-market depth requires reliable liquidity, risk transfer, transparent products and shared institutional responsibility for resilient long-term financing.
Financial-market depth requires reliable liquidity and price discovery, efficient risk distribution, and diverse, meaningful participation across market conditions. Government and corporate bond markets, money markets, and foreign exchange and derivative markets should channel long-term savings into investment and enable management of interest-rate, currency and credit risks. Product innovation must serve genuine needs and be supported by suitability assessments, transparent disclosure, fair pricing, independent valuation and user risk-management capacity. Regulators, market institutions, issuers, investors and infrastructure providers share responsibility for resilient, transparent and trusted markets.
July 29, 2026
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Securitisation Note amendments seek stronger issuance efficiency, liquidity and transparency, with stakeholder consultation invited on proposed directions.
Draft amendments to securitisation transaction directions seek to improve the efficiency, liquidity and transparency of issuing and subsequently transferring Securitisation Notes. The proposals apply to commercial banks, small finance banks, non-banking financial companies and all India financial institutions. Public and stakeholder comments are invited through the designated regulatory consultation platform or alternatively by post or email.
July 29, 2026
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Rupee appreciation reflected weaker dollar conditions, equity inflows, crude oil movements and positive domestic market sentiment.
Foreign exchange market conditions supported an early appreciation of the rupee against the US dollar. A weaker US dollar, lower crude oil prices relative to earlier levels, positive domestic equity sentiment, and foreign institutional investors' net purchase of Indian equities were identified as key influences. The dollar index weakened ahead of a monetary policy announcement, while crude prices rose amid renewed geopolitical tensions. Domestic benchmark equity indices also advanced in early trade.
July 29, 2026
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Input Tax Credit unblocking allegedly involved illegal gratification, prompting a trap operation and apprehension of the officer and consultant.
Alleged bribery connected with unblocking Input Tax Credit arose after an electronics trader received a show-cause notice and had its ITC blocked. A private tax consultant allegedly conveyed that a State GST officer demanded illegal gratification for unblocking the credit and encouraged the trader to settle the demand. Following a complaint, a trap operation allegedly led to the apprehension of the officer and consultant, with further legal action in progress.
July 29, 2026
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Defence production licensing and Russian energy sanctions shaped discussions on Ukraine's security capacity, missile supply and diplomatic engagement.
Ukraine-US discussions addressed licences for domestic Patriot defence-system production, wider defence-production cooperation, technology exchange and missile supply funded through European resources. Ukraine also sought support for a sanctions bill designed to increase economic pressure on Russia by imposing tariffs on goods from major purchasers of Russian oil and gas and by sanctioning Russian leaders, financial institutions and energy projects. The proposed defence-production licence was identified as a longer-term measure, alongside calls for renewed diplomatic engagement.
July 29, 2026
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Cooperative-sector modernisation strengthens rural finance through expanded credit societies, online audits, institutional connectivity and technology-enabled cooperative banking.
Cooperative-sector modernisation is presented as a mechanism for strengthening rural institutions, farmer prosperity and the rural economy. The separate Ministry of Cooperation provides an administrative, legal and policy framework for the cooperative movement. Key initiatives include establishing new primary agricultural credit societies and dairy cooperative societies, expanding business activities for primary agricultural credit societies, online auditing, and connecting cooperative institutions. District cooperative banks are described as important institutions for meeting the financial requirements of expanding service and dairy cooperative societies.
July 28, 2026
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Direct containerised rail freight movement enables seamless Kolkata Port-to-Biratnagar cargo transport without border transshipment under revised transit arrangements.
Direct containerised rail freight movement between Kolkata Port and Biratnagar Customs Yard has commenced under the revised India-Nepal Rail Transit Protocol. The service enables end-to-end commercial rail carriage without border transshipment through the Jogbani-Biratnagar broad-gauge connection. Implementation of the revised Letter of Exchange operationalises direct commercial rail access, intended to reduce transit time, logistics costs and cargo handling while improving supply-chain efficiency, reliability and cross-border trade.
July 28, 2026
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State governance reforms expand housing relief, local audits, MSME support, property records, welfare measures and clean-vehicle tax incentives.
The reforms provide concessional stamp duty and registration charges for eligible Economically Weaker Section housing beneficiaries, a statutory local-audit framework, and incentives for MSMEs and exports. They also establish rules for ownership records in Lal Dora areas and introduce a formula-based urban property-tax assessment framework with exemptions. Welfare measures cover compensation for specified unnatural custodial deaths, ex-Agniveer reservation, and compassionate appointments. Motor-vehicle tax measures provide a rebate for qualifying vehicles registered in women's names and exemptions for new electric vehicles.
July 28, 2026
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Investigation into alleged fund diversion faced scrutiny as agencies were required to disclose progress and decide on regular cases.
Investigation into alleged dubious transactions and fund diversion involving Indiabulls Housing Finance Limited remained under scrutiny because investigating agencies did not provide an updated status or take a final decision on registration of regular cases. The Central Bureau of Investigation and Delhi Police Economic Offences Wing were required to file a comprehensive affidavit and status report. The allegations concern loans allegedly routed through corporate entities to promoter-linked companies, alongside inquiries involving financial, corporate-fraud and market-regulatory agencies.
July 28, 2026
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MSME payment-delay reforms propose faster dispute resolution, enforceable settlement recovery, and invoice discounting to strengthen supplier liquidity.
The proposed amendment strengthens delayed-payment dispute resolution for micro and small enterprise suppliers through prescribed adjudication timelines and possible interim payment of at least half the awarded amount where a setting-aside application remains pending beyond six months. Mediated settlements and arbitral awards may be recovered as arrears of land revenue and are proposed to be legally enforceable debts under the insolvency framework. Central public sector enterprises would be required to route MSME invoice settlements through the Trade Receivables Discounting System.
July 28, 2026
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Regional rural bank oversight strengthens financial performance, technology adoption, diversified lending and financial inclusion in remote communities.
Regional Rural Banks are regularly reviewed for financial performance, technology upgradation, MSME lending, loan diversification and financial inclusion in rural and remote areas. Their financial health improved over recent years, with growth in deposits, loans, credit-deposit ratio, net worth and capital adequacy, alongside improved asset-quality indicators. Financial-inclusion targets for bank-account access, micro-credit, insurance and pension schemes are set and periodically monitored to extend formal financial services.
July 28, 2026
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Emergency credit guarantee support addresses business liquidity mismatches while public sector banks report stronger asset quality and sectoral lending growth.
Public sector banks reported improved balance-sheet health, rising business and lending, higher profits, stronger capital adequacy, and lower gross non-performing assets through FY 2025-26. Credit expanded across retail, agriculture, MSME, and infrastructure segments. Emergency Credit Line Guarantee Scheme 5.0 provides guarantee coverage to member lending institutions for eligible additional credit facilities addressing short-term liquidity mismatches, with full coverage for MSMEs and differentiated coverage for non-MSMEs and scheduled passenger airlines. Airline assistance is linked to peak credit outstanding and may require proportionate promoter or owner equity contribution above the applicable threshold.
July 28, 2026
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Toy quality regulation and export support strengthen domestic manufacturing, safety compliance, market access, and competitiveness in the Indian toy sector.
Toy-sector measures combine quality regulation, import-duty changes, domestic manufacturing support, export facilitation, and promotional initiatives. The National Action Plan for Toys covers toy design, learning-oriented toys, quality monitoring, restrictions on unsafe imports, indigenous clusters, and domestic production. A Quality Control Order and BIS licensing framework support compliance with toy-safety standards. Cluster assistance, startup recognition, export-duty remission support, and zero-duty market access under specified trade agreements seek to strengthen competitiveness, while stated measures are associated with improved quality conformity, lower imports, and increased exports.
July 28, 2026
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Preferential market access under free trade agreements supports export diversification, labour-intensive sectors, and exporter use of tariff concessions.
India's FTA framework is used to promote preferential tariff utilisation, export diversification and expanded market access. The Government monitors recently operationalised agreements through Certificates of Origin and partner-country trade data. Agreements with the UAE, Australia, Mauritius, Oman and EFTA are associated with increased product-line coverage, tariff preference utilisation and export opportunities. Labour-intensive sectors receive priority through preferential access, while calibrated tariff liberalisation and transition arrangements seek to protect sensitive domestic sectors. Trade e-Connect and the Trade Intelligence and Analytics Portal support exporters with market intelligence, rules of origin guidance, trade data and export-performance monitoring.
July 28, 2026
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Preferential Market Access under free trade agreements supports export diversification, labour-intensive sectors, tariff utilisation and data-driven trade facilitation.
Preferential tariff utilisation under recently operationalised trade agreements is monitored through Certificates of Origin and partner-country trade data. Increased certificate issuance and expansion in exported HS-level tariff lines are treated as indicators of export diversification and market penetration. Labour-intensive sectors receive improved market-access opportunities under FTAs, while calibrated tariff liberalisation and transition arrangements preserve policy space for sensitive domestic sectors. Trade e-Connect and the Trade Intelligence and Analytics Portal provide exporters and policymakers with market intelligence, Rules of Origin guidance, FTA advisory services and trade-performance analytics.
July 28, 2026
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Sports-quota government recruitment recognised medal-winning student-athletes for public employment across defence, policing, railways and other government institutions.
Sports-quota recruitment enabled medal-winning student-athletes to obtain government employment on the basis of sporting performances at state, national and international levels. Appointments covered armed forces, central armed police and paramilitary organisations, railways, police, the Income Tax Department, a public-sector bank, sports departments and other government institutions. The described sports framework provides scholarships, coaching, infrastructure, dietary support, travel, accommodation, equipment and selection-oriented physical, mental and personality-development training.
July 28, 2026
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Sugar stock controls require dealers to limit inventory duration and quantity, declare holdings, and curb speculative buying.
Sugar dealers may not retain stock beyond thirty days from receipt or hold sugar above 4,000 quintals at any time or place. Government-account stocks and authorised Public Distribution System stocks are excluded. State Governments and Union territory administrations may prescribe limits only within the national ceiling and holding period. Dealers must declare and regularly update stock positions on the designated portal. The temporary restrictions are intended to maintain domestic availability, discourage speculative buying and contain sugar prices.
July 28, 2026
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Credit Profile Management requires timely repayments, controlled utilisation, selective borrowing and prompt correction of credit-report inaccuracies.
A healthy credit profile depends on timely repayment of EMIs and credit-card dues, controlled credit utilisation and selective applications for new credit. Missed payments, sustained high utilisation and multiple hard enquiries may affect credit health and lender assessment. Individuals should periodically review credit reports for inaccurate personal details, closed loans recorded as active, missing repayment updates, duplicate loan entries or incorrect payment status, and promptly seek correction of discrepancies. Regular monitoring of credit score, repayment history, active accounts and enquiries supports informed credit-management decisions.
July 28, 2026
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Gold loan repayment structures require borrowers to weigh EMI interest savings against bullet repayment cash-flow flexibility and maturity obligations.
Gold loans may be repaid through EMIs, which reduce principal and interest through periodic instalments, or through Bullet Repayment, which defers principal and accrued interest until maturity. The stated framework imposes tiered loan-to-value limits and caps consumption-purpose bullet loans at 12 months, with bullet-loan collateral assessment including projected interest. EMI repayment may reduce overall interest cost for borrowers with predictable income, while bullet repayment may preserve cash flow for borrowers expecting a defined future inflow. Borrowers should compare costs and review the Key Fact Statement before choosing a structure.

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MoSPI organized a National Workshop on “Using Alternate Data Sources and Frontier Technologies for Policy Making” during 5-6 June 2025

June 7, 2025

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Need of the best policy which blends both traditional and alternative data sources, says Prof. Ajay Kumar Sood, PSA to GoI

Need for institutionalized hybrid data ecosystem which has equal place for traditional & alternate data sources: Prof. Abhay Karandikar, Secretary, DST

Alternate data sources can be used in real time to supplement traditional data sources for policy making: Dr. Saurabh Garg, Secretary, MoSPI

The Ministry of Statistics and Programme Implementation (MoSPI), in collaboration with NITI Aayog and the World Bank as knowledge partner, conducted a two-day National Workshop on ‘Using Alternate Data Sources and Frontier Technologies for Policy Making’ at Bharat Mandapam, New Delhi during 5-6 June, 2025.

The National Workshop concluded with a Valedictory Session on 6 June, 2025.  The Valedictory Session was graced by Prof. Ajay Kumar Sood, Principal Scientific Advisor (PSA) to GoI as the Chief Guest; Prof. Abhay Karandikar, Secretary, D/o Science and Technology; Dr. Saurabh GargSecretary, MoSPI and Shri P.R. Meshram, Director General, MoSPI.  The two-day workshop was attended by over 450 participants from central ministries, state governments, international organisations including the World Bank, academic and research institutions, and private sector entities.

In his address, Prof. Ajay Kumar Sood, Principal Scientific Advisor to GoI and the Chief Guest of the event emphasized that alternate data sources and frontier technologies are increasingly becoming critical for policy making. These high frequency indicators are more dynamic and offer timely insights, enabling policies to be more agile and responsive. While traditional data sources reflect where we have been, the alternate data sources indicate where we are heading. He added that though alternate data sources provide real time information at a much granular level, they cannot replace tradition data sources. He emphasized the need for the best policy which blends both traditional and alternative data sources. He highlighted various use-cases where alternate data sources have been effectively used. He stressed on the need for collaboration between Government, academia, researchers, industry and international organizations for effective use of new technologies. He also called for ethical deployment of AI and said that data security and privacy concerns cannot be compromised. Further, he asserted that the development of techno-legal framework for Digital Public Infrastructure is a gift of India to the World.

Prof. Abhay Karandikar, Secretary, D/o Science and Technology in his address remarked that the policy making process is a complex exercise which involve gathering of data, consultation with stakeholders and drawing insights. AI/ML has facilitated timely processing of data for designing actionable policies. In this age and time, challenge is not to collect data but how to make sense of the data. The real challenge lies in addressing issues relating to data privacy, data security, regulatory framework, and institutional readiness. He emphasized on the need for institutionalized hybrid data ecosystem which has equal place for both traditional and alternate data sources.  

Dr. Saurabh Garg, Secretary, MoSPI, in his address emphasized on the need of fostering collaboration with various stakeholders for developing a robust statistical system to address the data needs for policy making. He opined that as survey data becomes available with a time lag; alternate data sources can be used to supplement traditional data sources for policy making in real time. While quoting the United Nations Fundamental Principles of Official Statistics, he emphasized that for statistical purposes best combination of the four data sources, namely surveys, censuses, administrative records and alternate data sources may be drawn with quality and timeliness along with limiting cost and respondent burden. He expected that in next 3-6 months, MoSPI will be able to implement some of the use cases that have been identified to harness alternate data sources and the application of frontier technologies.  He thanked World Bank for conceptualizing and NITI Aayog for collaborating with MoSPI in organizing this workshop and expressed that India will be at the forefront of integrating alternate data sources and frontier technologies in the National Statistical Frameworks.

In the welcome address, Shri P.R. Meshram, Director General (Data Governance) expressed gratitude to NITI Aayog, World Bank, and other participants for their active involvement during the course of two-days event. He added that the workshop has not only deepened our understanding of the challenges in integration of alternate data sources in the statistical system of the country, but also helped charting out the solutions to the challenges.

The key highlights of the four technical sessions on the subjects, viz, AI and Data Science for Official Statistics; Mobile Phone Data for Tourism Statistics; Geo-spatial Data for Sampling, Ocean Accounting and Data Dissemination and Scanner data for CPI compilation held during Workshop were also discussed during the valedictory session along with key takeaways. Some of the salient points of the technical sessions are as under:

(i)  AI and Data Science for Official Statistics:

Technical sessions on the subject started with setting the context for use of AI and data science in official statistics and identifying key stakeholders. Way forward for National Statistics Office considering the stage it is in i.e. from pilot stage to production stage was discussed during the session. Shri Abhishek Singh, CEO India AI and Ms Debjani Ghosh, Chief Architect, Frontier Tech Hub, NITI Aayog, Shri Ankit Bose, Head AI, NASSCOM, Prof. Balaraman Ravindran, IIT-Madras, Mr. Richard Campbell, UK ONS; and Mr. Thomas Danielewitz, Ms. Malar Veerappan, Ms. Shreya Dutt from World Bank were among the key speakers.

(ii)  Mobile Phone Data for Tourism Statistics:

Technical Sessions on the subject focused on discussion to devise a methodological framework using mobile phone data for tourism statistics tailored to Indian needs and covered relevant issues like data privacy and regulatory challenges. Use-cases from other countries for tourism, urban mobility and infrastructure assessment were discussed during the technical session. Shri Safi A. Rizvi Advisor, NDMA, Mr. Siim Esko, International Project Development Lead, Positium, Ms. Esperanza Magpantay, Senior Statistician, International Telecommunication Union, Ms. Titi Kanti Lestari, Atma Jaya University, Indonesia, Mr. Asit Kadyan, D/o Telecommunication, GoI and Mr. Sagar Mathur, Vice President, Airtel were among the key speakers.

(iii)  Geo-spatial Data for Sampling, Ocean Accounting and Data Dissemination:

Technical Sessions on Geo-spatial Data for Sampling, Ocean Accounting and Data Dissemination of the workshop highlighted the transformative potential of geospatial technologies in enhancing official statistics, with a focus on updating sampling frames in urban areas, improving data collection, integration, and dissemination. The latter part of the technical session was devoted for exploring the application of geospatial data in ocean accounting. The session featured enriching presentations and discussions by Mr. Richard Campbell, Deputy Director, UK Office for National Statistics; Ms. Kate Hess, Solution Engineer, ESRI; Shri Srikant Shastri, Chairperson, Geospatial Data Promotion & Development Committee; and Ms. Anija Shukla, Environment Specialist, World Bank, Ms. Rashmi Verma, Co-Founder, MapMyIndia along with experts from NRSC, INCOIS, NCCR and various academic and research institutions. Speakers demonstrated advanced geospatial tools integrated with AI techniques for feature extraction, change detection, and spatial stratification, showcasing use cases that illustrated the value of GIS-AI convergence for dynamic visualizations, real-time dashboards, and evidence-based policymaking.

(iv)  Scanner data for CPI compilation:

Technical sessions on the subject covered concepts and methodologies related to scanner data, web scraping techniques, requisite IT infrastructure and other available alternative data sources for integration in Consumer Price Index (CPI). Key speakers in the session were Mr. Federico Polidoro, World Bank; Mr. Luigi Palumbo from Bank of Italy, Prof. Himanshu from JNU, Dr. Aditi Chaubal from IIT Bombay, Shri Anand Agarwal from V-Mart, Ms. Sonu Shah from Nielsen IQ and many others from industry and academic organisations. Sessions provided valuable insights for accelerating MoSPI’s ongoing efforts for integration of alternative data sources, particularly scanner data and e-commerce data in CPI compilation methodology.

The workshop concluded with the vote of thanks by Dr. Ashutosh Ojha, DDG, MoSPI. He expressed gratitude to the Chief Guest, other dignitaries, participants from Multilateral agencies, industries, academia, researchers as well as officers from both central and state governments for gracing the event.

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