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    NATIONAL ACCOUNTS STATISTICS - 2026 PUBLICATION
    Commerce Secretary Shri Rajesh Agrawal Co-Chairs India-Brazil 8th Trade Monitoring Mechanism Meeting
    NPCI International and Uzbekistan’s NIPC Partner to Enable UPI Payments Across Uzbekistan via UZQR
    Flymore Aviation Expands Access to Aviation Education Through Affordable Mobile Learning App
    Rajnath to review performances of 16 defence PSUs with focus on indigenous tech, innovation
    SC dismisses SBI's plea challenging NCLAT order on PF, gratuity dues to ex-Jet Airways staffers
    Rupee rises 26 paise to close at 95.17 against US dollar
    India Has Solved Financial Access. Has It Solved Financial Confidence?
    Hyundai Capital Officially Launches Financial Services Operations in India
    Pinarayi Vijayan slams NCLT order on Subhash Chandra repayment plan
    Rupee falls 13 paise to 95.56 against US dollar in early trade
    CBN seizes 66.80 lakh psychotropic tablets in major inter-state pharmaceutical diversion case under Operation Vajra 2.0; one arrested
    DRI seizes around 18 Kg Amphetamine and MDMA in two operations as it intensifies crackdown on synthetic drugs; Four persons arrested
    India–Chile CEPA Negotiations Advance; Commerce Secretary Shri Rajesh Agrawal Meets Chilean Vice-Minister Paula Estévez Weinstein
    Sugar prices remain firm across India despite govt measures to check rise
    Keralam MVD to introduce Aadhaar OTP verification for 60 more services from Sept 21
    Dissenting creditors alleged family-linked entities cast 61.78 pc votes that cleared Chandra's insolvency plan
    Over 2.63L appear in NEET-PG; re-test announced for candidates at 2 Jaipur centres
    Delhi Lakshmi Yojana RD maturity set for July 2029, year of next Lok Sabha polls
    India emerges as key petrol supplier to Russia as refinery attacks disrupt fuel supplies
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August 31, 2026
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National accounts revisions align GDP and sectoral estimates with updated price, production and banking service indicators.
National Accounts Statistics-2026 incorporates updated Producer Price Index, Index of Industrial Production and Banking Services Price Index series with base year 2022-23 into annual and quarterly GDP estimates. The revised indicators expand coverage, update weights and improve price mapping for national-account activities. GDP and gross value added estimates from 2022-23 onwards are revised at current and constant prices, with sector-specific effects in mining and quarrying, manufacturing, trade services, general government and departmental enterprises. Supply and Use Tables for 2022-23 and 2023-24 are also updated.
August 31, 2026
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Trade facilitation and pharmaceutical market access advance through regulatory cooperation, preferential trade modernisation, and reciprocal agricultural access.
India and Brazil are advancing bilateral trade, investment and economic cooperation through a diversified partnership focused on pharmaceuticals, chemicals, engineering goods and machinery. India-MERCOSUR engagement is being pursued through early finalisation of Terms of Reference for expansion and modernisation of the Preferential Trade Agreement. Pharmaceutical market access is supported by regulatory cooperation under the CDSCO-ANVISA MoU. Agricultural trade facilitation includes phytosanitary processes, reciprocal market access work and mutual recognition of Electronic Certificates of Origin, alongside multilateral coordination through BRICS, the G20 and the WTO.
August 31, 2026
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Cross-border UPI merchant acceptance enables Indian travellers to make UZQR payments at merchants throughout Uzbekistan.
Cross-border UPI merchant acceptance in Uzbekistan allows Indian travellers to make instant person-to-merchant payments through UPI-enabled applications by scanning the interoperable UZQR code. Integration with the Unified National QR infrastructure extends acceptance across retail, hospitality and service merchants. Regulatory approvals support HUMO's role as NIPL's authorised partner for cross-border merchant acceptance, reducing reliance on international cards and cash.
August 31, 2026
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Mobile-first aviation education supports accessible, self-paced certification-led learning and career awareness across aviation roles and geographic locations.
Flymore Aviation LLP operates a mobile-first aviation learning platform intended to make specialised aviation education more accessible and affordable for aspiring pilots, cabin crew and other aviation-sector professionals. The app provides structured, self-paced aviation courses aimed at building industry knowledge, supporting certification-led skill development, improving career awareness and assisting employment readiness across aviation functions. Course delivery through a digital platform is positioned as an alternative to location-dependent and high-cost classroom training.
August 31, 2026
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Indigenous defence technology and exports anchor the annual performance review of public sector defence enterprises.
Annual performance review of 16 Defence Public Sector Undertakings is scheduled with emphasis on indigenous technology, innovation, self-reliance and enhancement of defence exports. Chairpersons and managing directors of seven specified undertakings will present dividends attributable to the Government's equity shareholding. Publications cover self-reliance, student awareness of defence technologies, and modernisation and indigenisation roadmaps. Reported performance includes growth in turnover, profit after tax and defence exports.
August 31, 2026
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Employee provident fund and gratuity dues remain protected outside the liquidation estate despite competing financial creditor claims in insolvency proceedings.
Employee provident fund and gratuity dues of former Jet Airways workmen and employees were required to be paid in full by the liquidator. The NCLAT position upheld treats statutory employee dues relating to provident fund, gratuity and pension funds as outside the liquidation estate, protecting them from competing creditor claims. Financial creditors had argued that such dues should be distributed through the liquidation estate unless dedicated funds existed at the commencement of liquidation. The underlying questions of law remain open for an appropriate case.
August 31, 2026
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Rupee exchange-rate support amid dollar strength and oil risks as foreign-currency deposit flows bolster market sentiment.
Foreign-exchange market conditions saw the rupee recover from early losses amid possible Reserve Bank of India intervention to contain significant depreciation. Higher US Treasury yields, a broader dollar rally, rising crude oil prices and geopolitical supply risks pressured the currency. The special USD-INR forex swap facility for FCNR(B) deposits, Overseas Foreign Currency Borrowings and External Commercial Borrowings mobilised foreign-exchange inflows supported by non-resident Indian participation, strengthening market sentiment.
August 31, 2026
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Financial confidence gaps persist when opaque financial journeys, dark patterns and unclear communication deter informed consumer participation.
Financial-service digitisation may expand access without ensuring consumer confidence where customers cannot understand processes, assess risks or feel secure in financial decisions. Opaque claims, redemptions, eligibility criteria and approval stages can weaken trust and discourage insurance, investment and credit participation. Hidden charges, complex documentation, forced bundling and target-driven sales practices may further impair informed choice. Greater transparency, simplified communications, real-time process visibility and AI-assisted guidance are identified as measures to reduce cognitive friction and strengthen consumer control.
August 31, 2026
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NBFC licensing enables Hyundai Capital India to begin wholesale dealer financing while preparing retail finance and risk-management infrastructure.
Hyundai Capital India has commenced financial services operations after obtaining a non-banking financial company licence from the Reserve Bank of India. Initial operations concentrate on wholesale financing for local automotive dealers. Operations are intended to expand the dealer-financing network, sales infrastructure and risk-management systems across India, supporting a subsequent phased introduction of retail financing for individual customers.
August 31, 2026
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Personal insolvency resolution approval faces criticism over low creditor recovery and alleged family-linked voting influence in the resolution process.
Personal insolvency resolution approval concerning Subhash Chandra involved a repayment plan of Rs 6.5 crore against admitted creditor claims exceeding Rs 22,000 crore. Objections were raised regarding the voting influence exercised by entities linked to the debtor's family in relation to the resolution process. Pinarayi Vijayan criticised the approval, alleging preferential treatment of powerful corporate interests.
August 31, 2026
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Foreign exchange market intervention seeks to limit rupee depreciation amid oil-price pressure, dollar strength, and capital outflows.
Foreign exchange market conditions put the rupee under depreciation pressure amid higher crude oil prices, geopolitical risks, stronger US dollar conditions, expectations of tighter US monetary policy and foreign equity outflows. RBI market intervention was reported to contain significant depreciation. Improved foreign-currency non-resident bank deposit flows and higher foreign exchange reserves supported investor sentiment and the external liquidity position.
August 31, 2026
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Psychotropic medicine diversion faces NDPS enforcement where controlled tablets allegedly travel without statutory documentation and traceability details.
Enforcement action under the Narcotic Drugs and Psychotropic Substances Act, 1985 addressed alleged inter-State diversion of psychotropic medicines transported without statutory documentation. A truck carrying Alprazolam, Tramadol, Nitrazepam and Clonazepam tablets was intercepted; the medicines and vehicle were seized and one suspect was arrested. Preliminary examination indicated erasure of identifying batch and date details and transport of region-restricted medicines without invoices, bilty or e-way bills. Investigation concerns the manufacturing, supply and distribution network involved.
August 31, 2026
Show AI Summary
Synthetic-drug trafficking enforcement targets rail-borne amphetamine and MDMA consignments through baggage interceptions, seizures, follow-up delivery operations, and arrests.
Synthetic-drug trafficking enforcement involved two intelligence-led railway-station operations targeting amphetamine and MDMA transportation and receipt. Baggage intercepted at Bengaluru contained a crystalline substance preliminarily indicating amphetamine, while a separate Pune interception recovered substances purported to be amphetamine and MDMA tablets. The contraband and related packing material were seized under the Narcotic Drugs and Psychotropic Substances Act, 1985. Follow-up delivery action identified alleged receivers, and the carriers and alleged receivers were arrested under that statutory framework.
August 31, 2026
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India-Chile CEPA negotiations seek a balanced framework to expand trade, investment, technology cooperation and resilient supply chains.
India-Chile CEPA negotiations are being advanced toward conclusion by the end of the year through a balanced and commercially meaningful framework. The proposed partnership is intended to strengthen bilateral economic ties, expand trade and investment, and create equitable opportunities for businesses and people in both countries. Cooperation is envisaged in technology, talent and resilient supply chains, alongside enhanced engagement in healthcare, pharmaceuticals, energy, minerals, agriculture, machinery and engineering.
August 30, 2026
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Sugar price controls face persistent retail and wholesale price firmness despite duty-free imports, stockholding restrictions, and export prohibition.
Sugar retail and wholesale prices remained elevated despite measures intended to curb price increases, including duty-free imports of raw sugar, tighter stockholding norms for bulk users and dealers, and a prohibition on sugar exports. Ex-mill rates declined following the permitted duty-free imports, although customary margins continued between ex-mill, wholesale, and retail prices. Projected sugar production is lower than earlier estimates, while annual domestic demand remains substantial.
August 30, 2026
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Aadhaar OTP verification expands online vehicle and licensing services, reducing physical visits and curbing intermediary exploitation.
Aadhaar-based OTP verification will be extended to additional vehicle- and driving-licence-related services through the Vahan and Sarathi portals. The digital arrangement is intended to reduce physical visits to transport offices, prevent intermediary exploitation arising from delayed processing, and enable applications to be processed on a first-come, first-served basis. Physical attendance will remain necessary for vehicle inspections, identification of legal heirs, personal hearings, and authentication where Aadhaar OTP verification fails.
August 30, 2026
Show AI Summary
Related-party creditor voting in personal insolvency turned on whether the debtor held majority ownership or direct board control.
Dissenting lenders challenged the admission and voting rights of five creditors alleged to be family-linked associate or related entities, contending that their voting share enabled approval of a personal insolvency repayment plan. They alleged invalid post-moratorium guarantee invocations, undisclosed liabilities, inadequate claim scrutiny and incorrect voting-share computation. The third member rejected the voting-rights challenge, treating associate status as requiring the debtor's personal majority shareholding or direct board control, and accepted the repayment plan.
August 30, 2026
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Examination continuity and candidate fairness require re-examination where power failures prevent completion, alongside review of infrastructure accountability.
NEET-PG 2026 examination continuity was disrupted for candidates at two Jaipur centres because of internal power-supply failures attributable to the technological partner and examination-conducting agency. A re-examination has been scheduled for the affected candidates, with the venue and revised admit cards to be communicated separately. Action against the entities responsible for ensuring adequate examination infrastructure is under consideration.
August 30, 2026
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Women's monthly assistance eligibility restricts benefits to qualifying households and channels payments through deposits or restricted digital wallets.
Delhi Lakshmi Yojana provides monthly financial assistance to eligible women through recurring deposits and restricted Central Bank Digital Currency wallets. Recurring deposits are locked until July 31, 2029, subject to possible review of the maturity period after two years from launch. Eligibility requires a qualifying woman to be the eldest female family member, meet income, residence and voter-registration requirements, and satisfy household restrictions. Income-tax payers, GST filers, government employees, higher-electricity-consuming households and four-wheeler-owning households are excluded.
August 30, 2026
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Gasoline trade amid refinery disruptions relies on sanctioned fleets and dark ship-to-ship transfers, alongside continuing fuel export restrictions.
Russian refinery disruption has increased gasoline imports and made India a significant supplier of gasoline to Russia. Indian supplies were principally linked to the Vadinar refinery, and increased Indian purchases of Russian crude may mean exported gasoline was produced from Russian crude. Russia has retained a gasoline export ban while domestic production remains disrupted. India-origin cargoes imported during August were carried on sanctioned fleets and involved dark ship-to-ship transfers, including transfers conducted with automatic identification system signals switched off.

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Commerce Ministry to issue new guidelines to promote first-time exporters and new markets under ODOP: Union Minister of Commerce and Industry Shri Piyush Goyal

July 15, 2025

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India is like an oasis in a turbulent world, powered by 773 districts and strong leadership: Shri Piyush Goyal

One District, One Product a unique initiative reflecting India’s legacy and global potential: Shri Piyush Goyal

Union Minister of Commerce and Industry, Shri Piyush Goyal, addressed the National One District One Product (ODOP) 2024 Award ceremony in New Delhi. He said that the Commerce Ministry will work with districts to promote first time exporters to newer markets. He mentioned that the Ministry will soon be coming out with more guidelines on how new markets, new products, and new exporters can be promoted. He said that the Commerce Ministry and the districts can partner to promote ODOP products to newer markets and support first time exporters.

Shri Goyal highlighted that 773 districts across various states have contributed to the success story of India. He said that India is like an oasis in a desert in a tumultuous world and is the fastest growing large economy in the world today. He said India will become the third largest economy in 2027. He added that the states, the population, and the Prime Minister Shri Narendra Modi together have made this growth story possible.

He said that we have so many diverse products that can take India globally. He cited examples such as Wayanad’s coffee, Ratnagiri mangoes, and saffron from Pulwama, stating that these represent the wide range of products that can take India’s name to the world. He said that One District, One Product is a unique initiative, and no other country has something like this. Each district brings a different kind of legacy. He also mentioned that sometimes two products have to be recognised under ODOP. He added that local is now going global.

Shri Goyal said that 64 out of 87 products are covered under the Industrial Investment Promotion Policy. He informed that all 38 districts of Bihar have achieved 100 percent coverage of products under ODOP, and Bihar has given importance to the initiative. He stated that all the products are covered in the state economic system and are included in the industrial policy. Bihar has been categorised as Category A in this regard.

He said that the ‘Panch-Pran’ or commitments of Prime Minister Shri Narendra Modi, announced at the start of the Amrit Kaal 2022–2047, are being taken forward. These commitments are working towards making India a developed nation. He added that we should all protect the sovereignty of the country and uphold the unity and integrity of the nation.

He informed that 27 states have been approved for setting up PM Ekta Mall, which will promote products from their own states as well as other states. He said these malls will also showcase GI-tagged products, handlooms etc.

He said that ODOP products need to be sustainable. He emphasised the need to work on the branding and quality of the products. He said the packaging and branding need to be improved so that the products are respected in the world for their high quality. He also said that ODOP will help boost tourism.

He stated that a best practices compendium has been prepared to help emulate and learn how to promote ODOP products forward.

He urged everyone to take a pledge to make ODOP a driving force of prosperity in their districts through their products. He encouraged all stakeholders to take their ODOP globally.

The event also marked the second edition of the One District One Product (ODOP) Awards, organised by the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry. The awards were instituted to recognise and celebrate the efforts of States and Union Territories, Districts, and Indian Missions Abroad in advancing the vision of Aatmanirbhar Bharat through the ODOP initiative.

Under this initiative, the Government has identified over 1,200 unique products from more than 750 districts across the country, spanning sectors such as agriculture, food processing, handloom, handicrafts, and others. These efforts are aimed at promoting value addition, marketing, and connecting local products with global markets.

The initiative has seen growing momentum, with States and UTs integrating ODOP products into existing schemes and several of them setting up dedicated ODOP Cells. Over 15 States/UTs have launched dedicated platforms and some have created ODOP-specific e-commerce solutions. ODOP products are also listed on the Government e-Marketplace (GeM) and other e-commerce portals to enable easier procurement and wider reach.

ODOP’s international footprint is expanding. ODOP Walls have been established in Singapore, New York, Vancouver, Milan, Kuwait, Bahrain, and Japan. ODOP products are now available at retail outlets like Mustafa Centre and Centre Point Mall in Singapore. More than 15 Indian Missions abroad have actively participated in promoting ODOP through exhibitions, roadshows, and gifting campaigns.

To build grassroots capacity, the initiative has collaborated with premier institutions like NID and IITs to deliver targeted skilling and training programmes for artisans and producers.

As part of wider public outreach, the PM Gati Shakti – ODOP Experiential Centre has also been launched at Bharat Mandapam. This centre offers an immersive experience into India’s district-level products using technologies such as Augmented Reality, Virtual Reality, RFID mapping, and audiovisual storytelling.

Reflecting the scale of national and international engagement, the ODOP Awards received a total of 641 applications via the Rashtriya Puraskar Portal between 1st April and 11th June 2024. These included 587 entries from districts, 31 from States/UTs, and 23 from Indian Missions abroad.

The awards ceremony was held in the august presence of Union Minister of Commerce and Industry Shri Piyush Goyal; Chief Minister of Delhi Smt. Rekha Gupta; and Minister of State for Commerce and Industry Shri Jitin Prasada. The dignitaries felicitated the winners of the National ODOP Awards 2024 and acknowledged their contributions in innovation, public service delivery, and economic development.

On the occasion, the Ministers also digitally launched the Handbook for the upcoming 3rd edition of the ODOP Awards and released the ODOP Best Practices Compendium.

The event included presentations by selected States, UTs and Indian Missions on successful ODOP models, followed by a session on the Way Forward with participation from district officials, industry associations, aggregators, e-commerce platforms, logistics providers, and technology institutions.

A total of 34 awards were conferred across three categories – Districts, States and Union Territories, and Indian Missions Abroad – and were received by the respective representatives. Indian Missions Abroad participated in the ceremony virtually.

1. List of Awardees for ODOP Awards 2024:

I. Indian Missions Abroad:

Mission Abroad

Award

High Commission of India Singapore

Gold

Consulate General of India, New York

Silver

Consulate General of India, Vancouver

Bronze

II. States/UTs:

a. Category A:

Rank

State/UT

Award

1

Andhra Pradesh

Gold

Maharashtra

Punjab

Uttar Pradesh

2

Madhya Pradesh

Silver

3

Gujarat

Bronze

Rajasthan

West Bengal

b. Category B:

Rank

State/UT

Award

1

Jammu and Kashmir

Gold

2

Sikkim

Silver

3

Meghalaya

Bronze

Ladakh

III. Districts:

a. Category A – Agriculture:

Rank

District

State/UT

Product

Award

1

Guntur

Andhra Pradesh

Chillies

Gold

Ratnagiri

Maharashtra

Alphonso Mangoes

2

Nagpur

Maharashtra

Nagpur Orange

Silver

Pulwama

Jammu and Kashmir

Saffron

3

Siddharthnagar

Uttar Pradesh

Kala namak rice

Bronze

Amravati

Maharashtra

Mandarin Orange

Srikakulam

Andhra Pradesh

Cashew

4

Nalbari

Assam

Rice & rice products

Special Mention

Wayanad

Kerala

Coffee

Nashik

Maharashtra

Grapes/Raisins

b. Category B – Non-Agriculture:

Rank

District

State/UT

Product

Award

1

Bapatla

Andhra Pradesh

Chirala Silk Sarees (Kuppadam)

Gold

Vizianagaram

Andhra Pradesh

Bobilli Veena

Tirupati

Andhra Pradesh

Venkatagiri Cotton Sarees

2

Sri Sathya Sai

Andhra Pradesh

Dharmavaram Silk Sarees

Silver

Ganderbal

Jammu and Kashmir

Willow Wicker

3

Anakapalli

Andhra Pradesh

Etikoppaka Toys

Bronze

Kakinada

Andhra Pradesh

Peddapuram Silks

4

Akola

Maharashtra

Cotton Ginning and pressing

Special Mention

West Godavari

Andhra Pradesh

Narspur Crochet Laces

 

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