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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
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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
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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
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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
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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
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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
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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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95th Meeting of Network Planning Group under PM GatiShakti evaluates key Infrastructure projects

June 13, 2025

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NPG evaluates Metro Rail, Road, and Logistics Park Projects

The 95th meeting of the Network Planning Group (NPG) was convened to evaluate infrastructure projects in the Metro Rail and Roads, Transport & Highways and Logistics Parks. The meeting focused on enhancing multimodal connectivity and logistics efficiency in alignment with the PM GatiShakti National Master Plan (PMGS NMP).

The NPG evaluated five projects (1 - Metro Rail Project and 2  Road & 2 Logistics Parks) for their conformity to the PM GatiShakti principles of integrated multimodal infrastructure, last-mile connectivity to economic and social nodes and intermodal coordination. These initiatives are expected to boost logistics efficiency, reduce travel times, and deliver significant socio-economic benefits across regions. The evaluation and anticipated impacts of these projects are detailed below:

Ministry of Housing and Urban Affair (MoHUA)

Ahmedabad Metro Rail Project Phase-2A
(Metro connectivity to Sardar Vallabhbhai Patel Airport)

The Ministry of Housing and Urban Affairs (MoHUA has proposed the plans to extend the Ahmedabad Metro by 6.032 km to provide direct connectivity to Sardar Vallabhbhai Patel International Airport from Koteshwar Metro Station (excluding). This strategic extension is poised to significantly enhance urban mobility by offering faster, more convenient access to the airport for daily commuters, airport personnel, and residents across the city. The project will not only improve airport accessibility but also contribute to a more integrated and efficient intra-city transit system in Ahmedabad. Designed to support the city’s long-term mobility needs, the corridor aims to reduce travel time, ease congestion, and promote the use of public transport. The planning process has involved close collaboration with key stakeholders, including the Sardar Vallabhbhai Patel International Airport Authority (SVPIA), Ahmedabad Municipal Corporation (AMC), Ahmedabad Urban Development Authority (AUDA), Ministry of Defence, Urban Development & Urban Housing Department (UD&UHD), Ahmedabad Janmarg Limited, AMTS, Sabarmati Riverfront Development Corporation Limited, and the GOLYMPIC team. Once completed, the proposed metro link will enhance both intercity and intracity connectivity between Ahmedabad and Gandhinagar, supporting sustainable urban development and offering a more seamless and efficient commuting experience.

Ministry of  Road, Transport & Highways(MoRTH)

Construction of 8-lane access-controlled Highways of NH 248S for Connectivity to Proposed Vadhavan port

The Ministry of Road Transport and Highways (MoRTH) has proposed the plans for the construction of an 8-lane access-controlled highway along NH-248S to improve connectivity to the upcoming Vadhavan Port in Maharashtra. This strategic infrastructure initiative aims to ensure efficient cargo evacuation and support the port’s development as a major global trade hub. Vadhavan Port, leveraging a natural draft of approximately 20 meters, is being developed to accommodate large container vessels. In its first phase, the port will offer a container handling capacity of 15 million TEUs, with expansion to 23.2 million TEUs planned in the second phase. Upon completion, the port is expected to rank among the top 10 container ports worldwide. According to traffic projections, the proposed port access road will handle approximately 57,329 Passenger Car Units (PCUs) by 2030. Efficient multimodal evacuation of cargo remains a central focus of the project, with dedicated rail and road corridors being developed for streamlined movement of bulk and containerized freight.

  • Key hinterland connectivity features include:
  • Mumbai–Delhi Western Railway Line – 12 km
  • Delhi–Mumbai Expressway (NE4) – 21 km
  • National Highway-48 (NH-48) – 32 km

The dedicated project road will directly connect the Delhi–Mumbai Expressway and NH-48, significantly enhancing logistics efficiency and reinforcing Vadhavan Port’s role as a strategic gateway for international trade.

Construction of Four Lane Elevated Road in Jodhpur city portion from Mahamandir to Akhaliya Chouraha.

The Ministry of Road Transport and Highways (MoRTH has proposed the plans for the construction of a 4-lane elevated corridor in Jodhpur city, extending from Mahamandir to Akhaliya Chouraha. Strategically aligned along NH-62 and NH-125, the project aims to alleviate traffic congestion and enhance urban mobility across one of Rajasthan’s busiest city corridors. The proposed 2+2 lane elevated structure will span 7.633 km, bypassing 8 major and 20 minor junctions, and is expected to reduce travel time by approximately 20 minutes during peak hours. Key junctions along the route include Mahamandir, Paota Circle, Nai Sadak Chouraha, Ranchordas Mandir Junction, Jalori Gate, 5th Chopasani Road Circle, Bombay Motor Circle, and Akhaliya Chauraha. Out of the total length, 3.50 km will run along NH-62 (from Mahamandir to Station Road), and 1.25 km along NH-125 (from Bombay Motor Circle to Soorsagar Road). The corridor is being designed to meet growing traffic demands, with lane requirements projected to double over the next two decades based on current usage patterns. Once completed, the elevated road will ensure seamless and congestion-free movement across NH-62, NH-125, and NH-25, supporting the city’s long-term development goals and improving connectivity across key urban and regional nodes.

MMLP Hyderabad

The Ministry of Road Transport and Highways (MoRTH) has proposed to develop a Multi-Modal Logistics Park (MMLP) at Parkibanda village in Manoharabad Mandal, Medak district, Telangana. Spanning 315 acres, the proposed facility is aimed at transforming freight logistics in the region by facilitating seamless cargo movement, improving connectivity, and promoting economic growth. The MMLP is projected to handle 1.47 million metric tonnes (MMT) of cargo annually starting 2028, with capacity expected to scale up to 19.98 MMT by 2070. The facility will offer integrated services such as modal shift, cargo aggregation/disaggregation, and customs clearance—benefiting industries in and around Hyderabad. The site is strategically located within a 50 km radius of key industrial hubs including Chandulal Baradari, Sanathnagar, and Azamabad Industrial Estates, and is in close proximity to Jeedimetla, Balanagar, and Cherlapalli Industrial Areas.

The site offers robust multimodal connectivity. It is connected to NH-44 via the existing village road and lies less than 5 km from Manoharabad Railway Station. Upon completion of the Regional Ring Road, the MMLP will have seamless access to major freight corridors, including Mumbai and Jawaharlal Nehru Port (JNPT)—a key gateway for cargo bound to and from Hyderabad.

This strategic development is part of MoRTH’s broader initiative to modernize India’s logistics infrastructure, reduce freight costs, and support economic competitiveness.

MMLP Patna

The Ministry of Road Transport and Highways (MoRTH) has proposed to  develop a Multi-Modal Logistics Park (MMLP) at Jaitiya village, located in Fatuah Taluka of Patna district, Bihar. Spread over 106.19 acres (42.97 hectares), the proposed facility is projected to handle 5.43 million metric tonnes (MMT) of cargo annually by 2071, and is poised to become a major logistics hub for the region.

Strategically located, the site is just 6.2 km from Top Sarthua Railway Station, 30 km from Patna Airport, and 20 km from ISBT Patna (Zero Mile), providing strong multimodal connectivity. It lies within a 30 km radius of key industrial clusters including Fatuah, Patliputra, and Kopakala Industrial Areas, making it ideally positioned to support both regional and long-distance freight movement. The MMLP will benefit from proximity to the Patna–Gaya railway line (9 km away) and direct access to major freight corridors via NH-131G, NH-31, NH-139, NH-22, NH-119D, and State Highway-1 (SH-1). These routes connect the park to key trade nodes such as Patna International Airport, Kolkata, and Haldia Port, enabling seamless domestic and international cargo movement. With its central location, phased development strategy, and integrated infrastructure, the Jaitiya MMLP is set to play a vital role in modernizing Bihar’s logistics ecosystem and supporting the region’s economic growth.

The meeting was chaired by Joint Secretary, Department for Promotion of Industry and Internal Trade (DPIIT), Shri Pankaj Kumar.

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