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August 19, 2026
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Comprehensive strategic partnership drives ministerial and business engagements on investment, market access, technology collaboration, skills and agri-food trade.
India-Singapore economic engagement is being advanced through ministerial and business roundtables under the Comprehensive Strategic Partnership. A multidisciplinary business delegation is undertaking business-to-business, government-to-business and institutional engagements focused on partnerships, investment, market access, technology collaboration and talent development. Agricultural trade cooperation includes promotion of Indian agri-food exports through a retail initiative. The engagement seeks to strengthen trade, investment, digitalisation, advanced manufacturing, skills development, green-economy cooperation and people-to-people ties.
August 19, 2026
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International senior notes issuance diversifies the bank's funding sources and expands access to global debt capital markets.
IDFC FIRST Bank accessed international debt capital markets through its IFSC Banking Unit at GIFT City by issuing inaugural fixed-rate senior notes with a three-year tenor, due in 2029. The notes were offered to investors outside the United States under the Regulation S format. The issuance followed an investment-grade long-term issuer credit rating with a stable outlook, diversifies the bank's funding sources, and creates an avenue for access to global capital markets in support of long-term growth.
August 19, 2026
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Closing auction session safeguards market transparency through pooled order matching, backed by immediate action against manipulation and stronger monitoring.
Closing auction session (CAS) improves transparency and reduces manipulation in end-of-trading price formation by pooling buy and sell orders during a designated closing window for auction-style matching. Manipulation intended to undermine CAS is subject to prompt and stringent action, supported by enhanced monitoring. Responsible use of artificial intelligence and machine learning requires tiered accountability and governance, including kill-switch, human-in-the-loop and data controls. Regulated entities remain responsible for privacy, security and integrity of investor data used by every AI tool they deploy.
August 19, 2026
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Foreign exchange market movement shows rupee pressure from elevated crude prices, moderated by reserves, intervention and FCNR(B) inflows.
Foreign exchange market movement saw the rupee depreciate marginally against the US dollar amid higher global crude oil prices, heightened West Asia tensions, a stronger dollar environment and weaker domestic equity markets. Central-bank intervention and foreign fund inflows provided support. Adequate foreign-exchange reserves and stronger-than-expected FCNR(B) scheme inflows were identified as factors limiting the scope for sharp depreciation.
August 19, 2026
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AI reliability engineering expands through an enterprise hub supporting AI assurance, agentic engineering, observability and trusted AI deployment.
QualityKiosk Technologies has established a Hyderabad engineering hub to expand AI reliability engineering, AI assurance and agentic engineering capabilities. The centre supports engineering, marketing, branding, analyst-relations and advisory functions, while serving enterprise demand for AI reliability, product engineering, CloudOps and automation. It advances an AI reliability operating framework covering AI for reliability, reliability of AI, agentic engineering, shift-right engineering, frontier-system reliability, observability and platform-based delivery to promote governance, resilience, operational trust and assurance in AI-powered systems.
August 19, 2026
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Money laundering investigation examines alleged diversion of government contract funds and their use in creating trust and university assets.
Money-laundering investigation under the Prevention of Money Laundering Act led to searches of premises associated with the Maulana Mohammad Ali Jauhar Trust, its university, linked companies, promoters and a chartered accountant. The inquiry concerns alleged diversion of government contract funds through private contractors and their alleged subsequent use, including for creating assets of the Trust and university. Separate planning-law issues concern allegations that most university buildings were constructed without approved plans.
August 19, 2026
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Foreign exchange market conditions supported marginal rupee strength despite crude oil pressures, regional tensions and oil-company dollar demand.
Foreign exchange market conditions reflected a marginal strengthening of the rupee against the US dollar in early trading, supported by reported Reserve Bank of India intervention, a softer dollar index and foreign institutional equity inflows. Higher global crude oil prices, West Asia tensions and oil-company demand for dollars continued to exert pressure, resulting in a range-bound trading environment.
August 19, 2026
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Competition approval for Tata Steel's share acquisition restructures ownership of logistics joint venture following an existing partner's exit.
Competition approval has been granted for Tata Steel Ltd.'s acquisition of IQ Martrade Holding Und Management GmbH's entire 23% equity shareholding in TM International Logistics Ltd., resulting in IQ Martrade's exit. Following completion, Tata Steel and NYK (Europe) B.V. will hold 74% and 26% equity shareholding, respectively. TM International Logistics primarily serves Tata Steel's logistics and cargo transportation requirements through railway cargo transportation, port operations and cargo handling, freight forwarding, and value-added logistics services.
August 19, 2026
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Competition approval enables increased insurtech shareholding through a rights issue, crossing the prescribed ownership threshold in insurance businesses.
Competition approval has been granted for General Atlantic Singapore ACK Pte. Ltd. to acquire additional shareholding in Acko Technology & Services Private Limited through the target's rights issue, resulting in the acquirer crossing the 25% shareholding threshold on a fully diluted basis. The target is an Indian insurtech company with subsidiaries conducting licensed general and life insurance businesses, while another subsidiary awaits a corporate agency licence for insurance-policy distribution.
August 19, 2026
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India-Japan investment partnership prioritises technology, manufacturing and infrastructure collaboration, with Uttar Pradesh positioned for deeper Japanese commercial engagement.
India-Japan economic cooperation is positioned for deeper investment and commercial partnerships in manufacturing, technology, infrastructure, energy, defence, artificial intelligence, semiconductors, critical minerals, batteries and next-generation mobility. Uttar Pradesh is identified as a prospective destination for Japanese investment because of its workforce, connectivity, manufacturing base, MSME sector, export capacity, transport infrastructure and industrial clusters. Investment facilitation is associated with reforms in ease of doing business, digital public infrastructure and multimodal logistics.
August 19, 2026
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Carbon border adjustment compliance requires reliable emissions data, reporting, accreditation and verification throughout exporters' supply chains.
European Union Carbon Border Adjustment Mechanism compliance requires exporters to address covered products, embedded-emissions calculation, data collection, reporting, accreditation and verification. Preparedness across the export value chain depends on timely emissions data from suppliers and other stakeholders, supported by credible verification mechanisms. Capacity-building and engagement seek to facilitate workable compliance with evolving sustainability-related international trade requirements.
August 19, 2026
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Youth banking engagement promotes sustained customer relationships through digital access, campus outreach and financial support across evolving life stages.
Public Sector Banks and Public Financial Institutions are urged to implement actionable strategies with clear ownership and realistic timelines. Youth banking engagement is to be strengthened through a focused campaign, a common digital access platform and physical outreach, supporting young customers' evolving financial needs. Priority sector lending requires granular monitoring, early identification of target gaps and productive credit flow to intended beneficiaries. Agriculture and horticulture value-chain financing may cover farmer producer organisations, storage, processing, logistics and market linkages, while credit card strategies include digital onboarding, cross-selling and RuPay-UPI integration.
August 18, 2026
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Port connectivity obligations shape Vizhinjam export-import operations, logistics integration, infrastructure acceleration, and scrutiny of prior stakeholder notification.
Vizhinjam port concession obligations include road and rail connectivity to maximise the benefits of export-import operations. The State government proposes land acquisition funding for a ring-road project, is engaging with central ministries on rail connectivity, and is seeking to expedite national-highway construction. Mission Samudra is intended to connect Cochin port and 18 mini ports with Vizhinjam to support lower-cost, faster exports. Concerns were also raised over the State government not receiving prior intimation of a proposed stake transfer in the port project company.
August 18, 2026
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Public sector banking competitiveness requires distinct institutional strengths, early capability building and strategic support for economic growth priorities.
Public sector banks are urged to use their customer base, branch networks, geographic reach, institutional experience and digital capabilities to build stronger competitive positions and leadership. Each bank may develop distinct areas of excellence based on geography, customer relationships, sectoral expertise, technology capabilities or international presence. Strategic priorities include deposit mobilisation, banking for youth, support for investment and global capability centres, agriculture and horticulture infrastructure, credit-card business reorientation and priority sector lending.
August 18, 2026
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Youth-focused banking requires public sector banks to deliver personalised digital services, financial awareness, and responsible credit engagement.
Public sector banks are urged to implement sustained youth-focused banking through campus outreach, simple personalised round-the-clock services, dedicated youth support and financial awareness. Engagement should develop long-term relationships beyond account opening while preserving prudential standards. Youth should receive guidance on the formal credit ecosystem, including credit scores, credit history, bank credit products and government credit schemes, to support responsible credit discipline and future financial needs. A dedicated portal may provide a single access point for banking awareness and suitable financial opportunities.
August 18, 2026
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Taxpayer service improvement and litigation reduction guide administrative planning for stronger infrastructure, systems, coordination and future tax department functioning.
Improvement of taxpayer services, reduction of tax litigation, infrastructure strengthening and preparation of an actionable roadmap for future Income Tax Department functioning were considered as operational priorities. Deliberations covered e-HRMS, service matters, reservation policy, systems administration, capacity building, expenditure budgeting, TDS administration, inter-agency coordination, and office infrastructure. Officials identified institutional challenges and priorities for strengthening taxpayer-facing and internal departmental functions.
August 18, 2026
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Duty-free UK market access strengthens export opportunities for Indian goods and services, supporting MSMEs, agriculture, manufacturing and global value-chain participation.
India-UK Comprehensive Economic and Trade Agreement provides duty-free access to the UK market for nearly all Indian exports and may improve the competitiveness of Haryana's manufacturing, agricultural, MSME and services sectors. Preferential access covers products including textiles, engineering goods, auto parts, processed foods and pharmaceuticals, while agricultural exports remain subject to exceptions for sensitive products. The agreement also provides market access across 137 UK services sub-sectors, supporting IT, digital, professional, financial and technical services and facilitating global value-chain participation.
August 18, 2026
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Youth banking outreach promotes campus engagement, financial awareness, responsible credit discipline and long-term access to formal banking services.
Public sector banks are urged to conduct a month-long "Banking for Youth" outreach campaign from 2 October 2026 for persons above 16 years of age. Outreach through educational and skill-development campuses should combine account opening, financial awareness and direct engagement. Banks should develop tailored youth strategies to build long-term banking relationships. Proposed measures include online learning content, lifestyle-linked benefits, dedicated youth banking support, and awareness of credit scores, credit products and government credit schemes. A dedicated youth banking-awareness portal may serve as a single access point for appropriate banking services and financial opportunities.
August 18, 2026
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Competition approval for Prudential's acquisition of equity shareholding in an Indian life insurer supports the proposed insurance-sector combination.
Competition approval has been granted for Prudential Corporation Holdings Limited to acquire certain equity shareholding in Bharti Life Insurance Company Limited. The acquirer is the holding company for its group's insurance and asset-management operations in Asia and supports operations in Asia and Africa. The target is an IRDAI-licensed Indian life insurer.
August 18, 2026
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Foreign remittance certification due diligence faces nationwide verification targeting shell entities, their controllers, and certifying professionals.
Nationwide verification of suspicious outward foreign remittances targets entities with little or no reported business activity, their controllers, and professionals issuing tax determination certificates. Scrutiny concerns remittances disproportionate to reported turnover, inconsistent with stated purposes, or linked to entities not operating from declared addresses. Form 15CB, or Form 146 under the corresponding framework, requires certifying accountants to assess taxability from books of account and relevant records, supporting tax deduction at source and treaty compliance through due care, diligence and professional judgment.

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India Witnesses 44% Surge in IP Filings Over Five Years, Driven by Key Policy Reforms and Digitization

July 22, 2025

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Geographical Indications See 380% Growth; Government Strengthens Protection of Indigenous Products

Startups, MSMEs, and Educational Institutions Benefit from Major IP Fee Concessions and Expedited Services

95% of IP Filings Now Online as Ministry Modernizes and Digitizes IP Ecosystem

NIPAM Reaches Over 25 Lakh Students; Ministry Deepens IP Awareness Across All States and UTs

Details of the total number of IP applications filed in India over the last five years by Indian citizens are provided in the table below:-

IP/ FY

Patents

Designs

Trade Marks

Copyright

GI

SICLD

2020-21

24,326

10,594

4,18,594

23,957

57

5

2021-22

29,508

19,245

4,34,084

30,748

116

2

2022-23

43,301

18,170

4,53,325

29,439

210

8

2023-24

51,574

26,536

4,63,108

36,710

134

2

2024-25

68,176

38,804

5,38,665

44,066

274

6

IP filings in the last five years have increased by44%, rising from 4,77,533 in 2020–21 to 6,89,991 in 2024–25. The highest growth was observed in Geographical Indications (GI) with a 380% increase, followed by Designs (266%), Patents (180%), Copyright (83%), Trademarks (28%), and Semiconductor Integrated Circuits Layout-Designs (SICLD) with a 20% rise.

The Government has undertaken several initiatives to enhance intellectual property (IP) activities and foster innovation and boost IP filing in India. Details of the major steps are as follows:

IP laws and rules have been amended to streamline and simplify the processing of IP applications, eliminate irregularities and bottlenecks, enhance the use of IT and digital technologies:

Patents

  • Timelines have been fixed and streamlined
  • Electronic submission of documents by patent agents has been mandatory. 
  • 10% less fees for online filing of application and documents
  • Requirements for filing priority documents and Form 27 (statement on the working of patents) have been simplified.
  • The time to submit request for examination has been reduced to 31 months from 48 months to fast-track the patent examination process.
  • ·Frequency to file ‘working statements of patents’ has been reduced from once in a year to once in every three years to lessen the administrative burden and compliance costs on the applicants.
  • The requirements and timelines for providing foreign filing details have been streamlined to simplify the patent application process, further reducing processing requirements and costs.
  • The procedure for filing and resolving pre-grant representations has been amended to curb frivolous opposition filings and promote genuine submissions. The amended pre-grant opposition procedure now requires a prima facie case for the opposition to proceed. Provisions for expedited examination are extended to applications with pre-grant opposition(s) to compensate for delays arising from pre-grant proceedings and ensure faster resolution of such cases.
  • Provisions for claiming benefits of Grace Period have been streamlined by incorporating a new form to make it easier for applicants to claim benefits of the grace period.
  • ‘Certificate of Inventorship’ has been introduced to enhance patenting ecosystem in India by formally recognizing efforts of the inventors in the patented inventions.
  • 10% reduction in the official fee for patent renewal is available if the fees for at least four years are paid in advance through electronic mode.

Trade Marks

  • Processing of Trade Mark applications has been simplified and streamlined.
  • 74 forms have been replaced with 8 consolidated forms.
  • Process for determination of well-known mark has been laid out.
  • Express provision for filing applications for sound marks has been provided.
  • Procedures relating to registration as Registered User of trademarks have been simplified.

Designs

  • Processing of design applications has been streamlined.
  • International classification under Locarno Agreement has been adopted.

Copyright

  • Compliance requirements for the registration of software have been reduced.
  • Functioning of copyright societies has been made more accountable and transparent.

 Geographical Indications

  •  Procedure for registration of Authorized User has been simplified.

Significant Fee Concessions have been given to Startups, MSMEs, and Educational Institutions

·         80% Fee Reduction in Patents for Startups, MSMEs, and Educational Institutions;

·         75% Fee Reduction in Designs for Startups, and MSMEs;

·         50% Fees Reduction for Trade Marks filing for Startups and MSMEs

Provisions for Expedited Examination have been introduced

  • Provision of Expedited Examination of Patent application has been introduced for Startups, MSMEs, Female Applicants, and Government Institutions/ Departments/ PSUs, applicants electing India an authority for international applications etc. under Rule 24(C) of Patents rules, 2003 (as amended).
  • Provision of Expedited Examination of Trade Mark applications is applicable to all category of the applicants

The ‘Certificate of Inventorship’ has been introduced in Patents to formally recognize the contributions of inventors in patented inventions and to incentivize innovation.

Modernization of IP Offices

IP Offices have been digitized and made online to make the system more compact, time bound, transparent and easier to use by applicants as well as Examiners and Registrars/ Controllers. Comprehensive E-Filing System has been introduced for the online filing and submission of Patent, Design, and Trade Mark applications and documents . Applicants no longer need to visit the IP office for filling and processing of their applications, with more than 95% of Patent and Trademark applications now filed online.

  • General features of Online Filing & Processing System:
  •  24x7 accessibility
  • Secure and user-friendly interface for filing IP applications
  • Availability of both e-Sign and Digital Signature Certificate (DSC) options 
  • Real-time status tracking of applications
  • All major communications are made through auto generated e-mails
  • Certificates of grant of patents are delivered online and can also be downloaded online.
  • Applicants can attend hearing via video conferencing, thereby avoiding physical appearance before the officers handling their applications.
  •  Examination of the applications in the office is also handled via an e- processing system
  • SMS Alert Facility

The IP Office website has been redesigned to improve contents and ease of access and make it more interactive, informative and easy to navigate. IP data on real-time basis has been made available on the website in respect of filing and processing of IP applications. The website provides login-free Search facility for hassle-free dissemination of IP information to stakeholders.

IP Dashboard Access and Features

A publicly accessible IP Dashboard has been introduced to provide real- time comprehensive data on various categories of Intellectual Property applications, including Patents, Designs, Trade Marks, Copyrights, and Geographical Indications. The dashboard can be accessed via the official website at ipindia.gov.in/dashboard. A quick-access link to the dashboard is also available on the website's homepage for user convenience.

AI-powered Trademark Search Technology: Artificial Intelligence (AI) and Machine Learning (ML) based Trademark Search Technology has been introduced for a more efficient and accurate examination and faster disposal of Trade Mark applications.

 IP Sarthi Chatbot: A digital assistant has been designed to provide instant support and guidance to users navigating the IP registration processes. Indian small businesses can get instant help regarding IPR by asking answers of the questions on the Chatbot.

“WIPO IP Diagnostics – Indian Adaptation”, a self-assessment tool, has been designed to enable small businesses to conduct a self-assessment of their intellectual property (IP) assets, providing guidance tailored to the Indian IP laws and procedures and enriched with local examples. By answering targeted questions, Indian small businesses can generate customized reports that offer insights into how India's IP system can support their strategic business objectives. For wider coverage, the tool has been made available multiple languages, English, Bengali, Hindi, Tamil, and Urdu.

National Intellectual Property Awareness Mission (NIPAM) – The Office of the Controller General of Patents, Designs & Trade Marks (CGPDTM) implements the National Intellectual Property Awareness Mission (NIPAM) to conduct IP awareness programs in educational institutions. Launched in 2021, the mission aimed to educate 1 million students as part of the Azadi Ka Amrit Mahotsav, celebrating 75 years of India's Independence. So far, about 9500 IP awareness programs have been conducted across all 28 states and 8 Union Territories, reaching over 25 lakh students and faculty.

National Intellectual Property (IP) Awards are conferred every year to recognize and reward the top achievers comprising individuals, institutions, organizations and enterprises, for their IP creations and commercialization, in order to encourage creativity and innovation in the country.

IPR Internship Programme

With the aim of contributing to the fulfillment of the objectives outlined in the National IPR Policy, the Office of the Controller General of Patents, Designs and Trade Marks (CGPDTM) has recently started four week IPR Internship Programme for students, research scholars, and professionals.

SIPP Scheme: SIPP Scheme: The Start-Ups Intellectual Property Protection (SIPP) scheme was launched in 2016 to provide pro bono facilitation to startups for the filing and processing of patent, trademark, and design applications. Under this scheme, the Office of the Controller General of Patents, Designs & Trade Marks (CGPDTM) bears the professional fees payable to facilitators. Its scope was also expanded to benefit Indian educational institutions using TISC services. Additionally, it now covers the filing of international patent applications filed in India.

Manpower Augmentation

Manpower in IP Office has been augmented multiple times to ensure timely and quality service to the stakeholder.

Sanctioned strength of the Patent Office has increased by 233%, from 431 in 2014 to 1,433 in 2024. Similarly, the working manpower has grown by 196%, from 281 in 2014 to 833 in 2024.

Similarly, 200 additional posts have been sanctioned in 2025 in Trade Marks, GI, and Copyright, making a 74% increase in the sanctioned strength.

Robust Grievance Redressal Mechanism: The IP Office has robust Redressal Mechanism which has been further strengthened to ensure the prompt, fair, and transparent resolution of complaints and concerns. Daily Open House Conference has been started to enable direct daily communication of stakeholders with senior officers to provide timely solutions to their problems and Open House IT Helpdesk has been created as a single- window platform to swiftly address queries and grievances across all key areas of Intellectual Property.

From 2004 to 2025, the registration of Geographical Indication (GI) applications in India exhibited a gradual increase, with domestic applications constituting the majority. Initial years showed a low registration trend, followed by steady growth and stabilization between 2010 and 2019, averaging around 20–30 applications annually. The COVID-19 pandemic led to a sharp decline in GI registrations during 2020–21. However, this was promptly followed by a significant surge in applications from 2022 onwards, peaking 160 applications in 2023–24 the highest recorded in a year.

This overall trend reflects growing awareness and emphasis on protecting local products through GI registration. The increasing domestic engagement with GI protections is likely driven by government initiatives and greater recognition of the economic and cultural value of GIs.

Total Geographical Indications Registered as on Date: 697

State-wise Number of GI tags issued till date: List attached as Annexure.

This information was given by the Minister of State for Ministry of Commerce & Industry, Shri Jitin Prasada, in a written reply in the Lok Sabha today.

ANNEXURE

ANNEXURE REFERRED TO IN REPLY PART (d) OF THE LOK SABHA UNSTARRED QUESTION NO. 293 FOR ANSWER ON 22ND  JULY, 2025.

Year wise Registered GI Applications as on date

Financial

Years

Indian

Applications

Foreign

Applications

No of

Applications

2004 – 2005

03

00

03

2005 – 2006

24

00

24

2006 – 2007

03

00

03

2007 – 2008

31

00

31

2008 – 2009

45

00

45

2009 – 2010

13

01

14

2010 – 2011

25

04

29

2011 – 2012

20

03

23

2012 – 2013

20

01

21

2013 – 2014

22

00

22

2014 – 2015

20

00

20

2015 – 2016

26

00

26

2016 – 2017

31

02

33

2017 – 2018

24

02

26

2018 – 2019

22

01

23

2019 – 2020

21

01

22

2020 – 2021

05

00

05

2021 – 2022

36

14

50

2022 – 2023

50

05

55

2023 – 2024

157

03

160

2024 - 2025

60

02

62

Totals

658

39

697

Goods wise Registered GI Applications as on date

SL.

No

Goods

No of

Applications

1

Handicraft

366

2

Agricultural

218

3

Manufactured

54

4

Food Stuff

56

5

Natural

03

Totals

697

Goods wise Registered GI Applications Indian & Foreign as on date

SLo

Goods

Indian

Applications

Foreign

Applications

Total

Applications

1

Handicraft

365

01

366

2

Agricultural

218

00

218

3

Manufactured

22

32

54

4

Food Stuff

50

06

56

5

Natural

03

00

03

 

Totals

658

39

697

State wise - Details of GI Applications Registered as on date

SL No.

State

Registered

1

Andaman & Nicobar (UT)

7

2

Andhra Pradesh

19

3

Arunachal Pradesh

19

4

Assam

40

5

Bihar

16

6

Chandigarh

0

7

Chattisgarh

7

8

Goa

10

9

Gujarat

28

10

Haryana

0

11

Himachal Pradesh

10

12

Jammu & Kashmir

24

13

Jharkhand

1

14

Karnataka

45

15

Kerala

37

16

Ladakh (UT)

4

17

Lakshadweep (UT)

0

18

Madhya Pradesh

21

19

Maharashtra

52

20

Manipur

6

21

Meghalaya

8

22

Mizoram

7

23

Nagaland

4

24

Odisha

26

25

Pondicherry

2

26

Punjab

0

27

Rajasthan

20

28

Sikkim

1

29

Tamil Nadu

69

30

Telangana

18

31

Tripura

4

32

Uttar Pradesh

76

33

Uttarakhand

26

34

West Bengal

34

35

Dadra and Nagar Haveli

0

36

India (In Multiple States)

17

37

Foreign

39

 

Totals

697


(Release ID: 2146928)

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