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August 5, 2026
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Political restraint in public communications was urged, alongside adherence to principal-speaker protocol during press conferences and media interactions.
Political restraint in public communications was urged after a social-media remark directed at Sunetra Pawar was criticised as ideologically irresponsible. It was stated that regret alone was insufficient and that leaders should exercise care in public comments. Press-conference protocol was also emphasised: the principal dignitary should respond to media questions, and those seated alongside should not participate in the interaction. Party colleagues were expected to act more responsibly in future media engagements.
August 5, 2026
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Neutral monetary policy stance continues as inflation clarity is awaited, alongside cooperative banking and lending-rate transparency measures.
Monetary policy maintained the benchmark policy repo rate and a neutral stance pending clearer evidence that energy-cost pressures will generate broad-based inflation. Inflation is expected to rise temporarily due principally to food and fuel prices before moderating, while core inflation remains benign. The approach remains data-dependent, supported by two-way liquidity operations. Proposed measures include resuming urban cooperative bank licensing, revising rural cooperative bank credit-monitoring directions, and harmonising interest-rate regulation on advances across regulated entities to improve transparency and consumer protection.
August 5, 2026
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Repo rate stability preserves the policy stance amid lower inflation projections, stronger growth expectations and external-sector resilience.
Monetary policy maintained the repo rate at 5.25 per cent following a unanimous policy committee decision. The growth forecast for FY27 was marginally increased, while the inflation projection was lowered. Inflation conditions remain uncertain because of monsoon, El Nino and geopolitical developments. Liquidity remained in surplus, and external-sector indicators reflected a current-account surplus, buoyant foreign direct investment inflows, renewed foreign portfolio investment inflows, and adequate foreign-exchange reserves.
August 5, 2026
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Polymer currency notes target improved durability as monetary policy remains data-dependent and rupee management pursues an orderly trajectory.
Polymer currency notes are targeted for circulation at the beginning of the next financial year, subject to implementation proceeding as planned. They are intended to improve durability, especially for lower-denomination notes with high circulation velocity. Monetary policy decisions will remain data-dependent and focused on aligning headline inflation with its medium-term target. Foreign Currency Non-Resident (Bank) scheme inflows are expected to remain healthy until closure, with no proposal for premature termination. Rupee management aims to maintain an orderly exchange-rate trajectory.
August 5, 2026
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Customs anti-smuggling enforcement targets gold concealed as silver-coated armlets following passenger profiling and personal search at airport.
Customs officers intercepted two passengers arriving from Istanbul after Advance Passenger Information System profiling and their activation of the Door Frame Metal Detector. A personal search recovered approximately one kilogram of gold, silver-coated and concealed as traditional armlets worn on the upper arms. The gold was seized under the Customs Act, a smuggling case was registered, and investigation was initiated into the source and any wider smuggling network.
August 5, 2026
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Closing auction price discovery for eligible derivatives shares begins as monetary policy retains the repo rate and neutral stance.
The Reserve Bank retained the repo rate with a neutral stance amid uncertainty over energy prices and supply disruptions. Stock exchanges introduced the Closing Auction Session in the equity cash segment for eligible shares with futures and options contracts. This auction-based mechanism determines closing prices of eligible stocks and aims to make price discovery more transparent and robust.
August 5, 2026
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Services-sector growth slowed as weaker demand, competition and postponed orders moderated business activity, while employment improved modestly.
Services-sector growth slowed as domestic and export orders moderated amid weaker demand, competitive pressures, softer market conditions and postponed orders. Output continued to expand, but at its weakest pace in more than four years. Employment growth improved modestly, while input costs rose and firms increased selling prices. Business confidence remained positive but declined, and the composite output indicator weakened due principally to the sharp slowdown in services activity.
August 5, 2026
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Interim bail conditions require residence outside the state and trial attendance in alleged manpower commission corruption proceedings.
Interim bail was granted to Anwar Dhebar in a matter involving alleged corruption and an illegal commission mechanism linked to a state marketing corporation. Conditions require him to remain outside Chhattisgarh, attend the trial court, and provide his residential address. The allegations concern manpower supply agencies allegedly being compelled to pay commissions for clearance of legitimate bills, with proceeds routed through intermediaries. The case was registered under the Indian Penal Code and the Prevention of Corruption Act.
August 5, 2026
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Tax certainty measures revise fund-management safe harbours, electronic-payment charges, sectoral exemptions, business-trust treatment, and excess expenditure appropriation.
The Taxation and Other Laws (Amendment) Bill, 2026 proposes to replace the Income-tax (Amendment) Ordinance, 2026 and amend payment-system and tax laws. It would prohibit charges on notified electronic payments, revise safe-harbour conditions for eligible investment funds and fund managers, and expand tax exemptions for Government securities, qualifying rough-diamond sales and bonded-warehouse component storage. It also modifies exemptions concerning electronic-goods contract manufacturing, data centres and business-trust dividends, while imposing a differentiated surcharge on qualifying special purpose vehicles. A separately included appropriation bill authorises excess expenditure from the Consolidated Fund of India.
August 5, 2026
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Growth and inflation projections reflect resilient domestic activity while energy volatility, supply disruptions, and food prices sustain inflation risks.
Monetary policy projections for fiscal 2026-27 revise real GDP growth upward to 6.7 per cent and Consumer Price Index inflation downward to 5 per cent. Domestic activity is described as resilient amid global uncertainty, but inflationary risks persist from rainfall disruption, energy-price volatility, supply-chain uncertainty, and second-round effects of higher food, fuel and input costs. Core inflation is projected at 4.3 per cent for the fiscal year.
August 5, 2026
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Industry collaboration strengthens MSME competitiveness through shared resources, market linkages, capability building and inclusive support for women entrepreneurs.
MSME development is linked to collaboration, knowledge-sharing, institutional support and capability building. Industry associations can provide networking, policy advocacy, business intelligence, skills programmes, shared infrastructure and market linkages, while collective procurement, shared logistics, digital commerce and export readiness may improve competitiveness. Women-led enterprises benefit from market-oriented capability development, mentorship, continuous learning, professional networks, capacity-building programmes and institutional support. The Development of Industry Associations initiative is intended to connect associations and facilitate the sharing of best practices.
August 5, 2026
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Monetary policy rate maintenance continues under a neutral stance amid energy disruption, inflation concerns and sustained currency depreciation.
Monetary policy rate maintenance was continued with the repo rate retained at 5.25 per cent under a neutral stance amid uncertainty over energy prices and supply disruptions associated with the West Asia crisis. The growth forecast was marginally increased and the inflation projection reduced. Sustained rupee depreciation against the dollar was attributed to costly oil, capital outflows, widening trade deficits and a strong US dollar.
August 5, 2026
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Monetary policy rate pause maintains a neutral stance amid energy disruption, inflation concerns and sustained rupee depreciation pressures.
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August 5, 2026
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Monetary policy expectations shape equity sentiment as softer crude prices and foreign investment support domestic financial assets.
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August 5, 2026
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Foreign exchange market movement strengthens as lower crude prices and monetary policy signals influence the rupee's direction.
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August 4, 2026
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Dearness allowance arrears must be cleared promptly, while the government examines legal remedies and continues its structured liquidation plan.
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August 4, 2026
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Money-laundering investigation examines alleged fraudulent industrial plot allotments, benami holdings and diversion of plots to residential use.
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August 4, 2026
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Rupee exchange-rate movement gains support from capital inflows, while oil prices, dollar strength and monetary policy shape sentiment.
Rupee exchange-rate movement was supported by foreign capital inflows and improved global risk sentiment, while elevated crude-oil prices and a stronger US dollar constrained gains. Market attention shifted to monetary policy, overseas dollar-deposit incentives and easier foreign access to government bonds, which were reported to support capital inflows and India's external position. A cautious approach to the benchmark repo rate was expected amid assessment of the West Asia conflict.
August 4, 2026
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Interim bilateral trade agreement negotiations continue as both sides work to finalise unresolved issues in the proposed arrangement.
Interim bilateral trade agreement negotiations between India and the United States are continuing. Both sides have undertaken substantial work, while certain issues remain to be finalised before completion of the proposed interim trade arrangement. A United States Trade Representative delegation visited India to advance discussions. The text records the status of negotiations and identifies no concluded agreement or operative customs measure.
August 4, 2026
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Fuel-price volatility mitigation will combine fiscal measures, consumer protection, energy security and fiscal sustainability during external energy shocks.
Fuel-price volatility is to be mitigated through fiscal and administrative measures that protect consumers while maintaining fiscal sustainability. The approach includes monitoring revenue and expenditure, reprioritising spending, and using fiscal measures when economic conditions require. Reduced central excise duty on petrol and diesel moderated the impact of elevated international crude prices and partly offset under-recoveries of public-sector oil marketing companies. Longer-term measures include revenue mobilisation, import diversification, Strategic Petroleum Reserves, cleaner fuels and energy efficiency.

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Customs, DGFT & SEZ

Rajiv Gandhi Centre for Aquaculture Produces Specific Pathogen free L.Vannamei Broodstock for the First Time in India

April 10, 2013

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Dr. E G Silas, renowned Indian Fishery Scientist, former Vice Chancellor of Kerala Agricultural University and Chairman, Scientific Advisory Committee of Rajiv Gandhi Centre for Aquaculture (RGCA) inaugurated the release of SPF L.vannamei broodstock produced by RGCA for the first time in India to Mr. Y Ravi, General Secretary, All India Shrimp Hatchery Association and Mr. D Ramaraj of Society of Aquaculture Professionals and an hatchery operator in the presence of Dr. B Meenakumari, Dy. Director General, Indian Council of Agricultural Research (ICAR), and Ms. Leena Nair, IAS, Chairperson, Marine Products Export Development Authority (MPEDA) and President, RGCA, in a function in Sirkali today.

Specific Pathogen Free (SPF) Litopenaeus vannamei broodstock developed for the first time in India by Rajiv Gandhi Centre for Aquaculture, the R & D arm of the Marine Products Export Development Authority in association with the Oceanic Institute, Hawaii, USA, is ready for supply to hatchery operators at reasonable rate. The primary objective of this initiative is to produce selectively bred Litopenaeus vannamei shrimp broodstock (mother shrimp) that exhibit good hatchery performance for producing high quality shrimp seed which should exhibit fast growth and high survival on commercial shrimp farms in India.

Rajiv Gandhi Centre for Aquaculture is a Society functions under the Marine Products Export Development Authority, a statutory body set up by the Government of India under the MPEDA Act 1972, under the Ministry of Commerce & Industry, Govt. of India, for promotion of export of marine products from India.

During the financial year 2011-12, for the first time in the history of Marine product exports, the export earnings have crossed US$ 3.5 billion. Exports aggregated to 0.86 million tonnes valued at Rs. 16597.23 crores and US$ 3508.45 million. Compared to the previous year, seafood exports recorded a growth of 6.02% in quantity, 28.65% in rupee and 22.81% growth in US$ earning. Frozen Shrimp is the major export value item accounting for 49.63% of the total US dollar earnings. The above was achieved during a period of recession in the international market. One of the major reasons for the increase in production and higher export turnover was due to the introduction of SPF L.vannamei shrimp for Aquaculture production.

Considering the established infrastructure for farming shrimps in India, it is reasonably easy for L.vannamei farming and can substantially contribute to marine product export from the country. However, one of the major obstacles for increasing the L.vannamei production is the non-availability of quality SPF broodstock in India in required quantities.

Currently shrimp hatcheries import L.vannamei broodstock from Broodstock Multiplication Centres in USA, Thailand and Singapore with high shipping cost and transit loss due to mortality. Average cost of broodstock when it reaches the hatchery is estimated at Rs.5000/- and the higher cost of broodstock and transportation ultimately get transferred to the shrimp farmers who purchase seeds at a higher price (Rs. 0.6 per seed). High cost of broodstock is also prompting some hatcheries to source broodstock from shrimp ponds which ultimately results in the production of poor quality seeds and subsequent crop loss to farmers. About 80% of the shrimp farmers are marginal and small scale farmers with 0.5 to 5 Ha water spread area and the success of the crop largely depends on the quality of seeds supplied to the farmers. Hence for sustaining the productivity and profitability of shrimp farmers, it is essential that quality seeds are provided to farmers at reasonable rate.

In this circumstance, MPEDA initiated a collaborative project through RGCA and Oceanic Institute, Hawaii, USA, an affiliate of Hawaii Pacific University and engaged in Aquaculture research since 1960 is a not-for-profit research and development organization dedicated to marine aquaculture, biotechnology, and coastal resource management, to produce selectively bred Litopenaeus vannamei shrimp broodstock that exhibit good maturation/hatchery performance. The production unit of SPF L.Vannamei Broodstock of RGCA is functioning from Mangamaripeta, Visakhapatnam, Andhra Pradesh.

Though L.vannamei is a native to the Pacific coast of central and south America, one of the major reason for L.vannamei’s popularity among shrimp farmers world-wide is due to the availability of selectively bred fast growing improved quality specific pathogen free (SPF) and specific pathogen resistant (SPR) seeds. Selectively bred SPF L.vannamei also has the potential to grow under intensive culture conditions, tolerates a wide range of salinities & temperatures and require only lower protein diet and can also utilize the natural productivity of shrimp ponds in intensive culture conditions. It is generally considered to be more resistant to diseases and can mate and spawn easily under captivity and the survival rates during hatchery rearing are generally higher.

Specific Pathogen Free Post larvae imported from Nucleus Breeding Centre of Oceanic Institute, Hawaii, USA, shall be grown from PL to 40 gms in MPEDA/RGCA facility Vizag.. Six to eight months period is required for growing PL to 40 gms size. The above project has the capacity to produce 45000 number of broodstock annually.

This project shall help Indian farmers to produce 1.35 lakh MT of additional shrimp for export worth around Rs. 4000 crores per annum by utilizing about 10,000 Ha water spread area for two crops per annum.

Most importantly, this initiative of MPEDA will deliver quality broodstock to shrimp hatcheries and thus ensure the supply of quality seeds required for several thousands of small and marginal farmers at affordable price.

The first batch of around 20000 Nos. of high quality SPF L.vannamei broodstock produced at RGCA facility at Visakhapatnam is ready for supply to approved shrimp hatcheries in India at half the price of imported stock.

DS/RK

(Release ID :94595)

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