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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
Show AI Summary
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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PMLA / Black Money

HIGHLIGHTS

July 31, 2025

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New Delhi, Jul 31 (PTI) Following are the top stories at 5.35 PM : NATION PAR20 LS-GOYAL-LD TARIFF

India to take all steps to protect national interest: Goyal on US tariff New Delhi: India will take all necessary steps to safeguard and promote national interest, Commerce and Industry Minister Piyush Goyal said on Thursday, a day after US President Donald Trump announced 25 per cent tariffs plus penalty on domestic exports to America from August 1.

PAR17 LS-2NDLD ADJOURN

Lok Sabha adjourned for the day amid opposition protests on SIR New Delhi: Lok Sabha proceedings were adjourned for the day on Thursday soon after Commerce Minister Piyush Goyal made a statement on the imposition of 25 per cent tariff by the US on India as Opposition members continued their protest over voter list revision exercise in Bihar.

PAR19 RS-4THLD ADJOURN

Rajya Sabha adjourned for the day amid Opposition uproar over SIR issue New Delhi: The Rajya Sabha was adjourned for the day on Thursday after repeated disruptions by Opposition members over the issue of revision of electoral rolls in Bihar and the demand that it should be withdrawn.

BOM23 MH-COURT-LDALL MALEGAON BLAST

Court acquits all 7 accused in Malegaon blast case; Saffron victory, says Pragya Thakur Mumbai: Nearly 17 years after a blast in Malegaon town of north Maharashtra claimed six lives, a special court in Mumbai on Thursday acquitted all the seven accused, including former BJP MP Pragya Singh Thakur and Lt Col Prasad Purohit, noting there was "no reliable and cogent evidence" against them.

DEL32 MALEGAON-BJP

'Hindu terror' Congress conspiracy; Sonia Gandhi, Rahul should apologise: BJP New Delhi, Jul 31 (PTI) The BJP said on Thursday that the Congress manufactured the theory of "Hindu terror" when in power to stop the rise of Narendra Modi, the then Gujarat chief minister, and to appease its Muslim voters, as it welcome the acquittal of seven accused in the Malegaon blast case.

DEL28 RAHUL-TRUMP-LD ECONOMY

Everybody, except PM, FM, know Indian economy is 'dead': Rahul Gandhi New Delhi: Congress leader Rahul Gandhi on Thursday said everybody except Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman know that the Indian economy is "dead", as he alleged that the BJP-led government has destroyed the country's economic, defence and foreign policies.

DEL55 THAROOR-US-TARIFFS

'Bargaining tactic': Tharoor slams US' 'unreasonable' demands after 25 pc tariff announcement New Delhi: With the US announcing the imposition of 25 per cent tariff and penalties on India, Congress MP Shashi Tharoor on Thursday said it may be just a "bargaining tactic" as trade negotiations are on, and asserted that "we must give strong support to our negotiators" to find the best possible deal.

DEL51 RSQ-INDIA-PALESTINE

India always supported negotiated two-state solution: Govt on Israel-Palestine conflict New Delhi: India has always supported "a negotiated two-state solution" that would see the establishment of a sovereign, independent and viable State of Palestine within secure and recognised borders, living side by side in peace with Israel, the government told the Rajya Sabha on Thursday.

DEL43 RSQ-OPERATION SINDOOR

Pak DGMO approached Indian counterpart for cessation of military activities: Govt tells RS New Delhi: India on Thursday reasserted that the Director General of Military Operations of Pakistan approached his Indian counterpart on May 10 to request for cessation of firing and military activities, which was agreed to later that day, and said this understanding was arrived at "directly" between the two DGMOs.

DEL40 BIZ-SCINDIA-STARLINK

Starlink granted satellite internet permit; spectrum allocation norms ready: Scindia New Delhi: Elon Musk-led Starlink has received a licence to launch satellite service in India, and a framework for spectrum allocation is also in place for a smooth rollout, Union Telecom Minister Jyotiraditya Scindia said on Thursday.

DEL25 POL-MALEGAON-DIGVIJAY SINGH

Terrorism should not be associated with any religion: Digvijay Singh on Malegaon blast acquittals New Delhi: Terrorism should not be associated with any religion and no faith advocates violence, senior Congress leader Digvijay Singh said on Thursday after a special NIA court acquitted all seven accused in the 2008 Malegaon blast case.

BOM25 CG-NUNS-CASE-VICTIM

'Human trafficking' case: Victim alleges coercion by Bajrang Dal, claims arrested nuns innocent Narayanpur: A victim of an alleged human trafficking and forceful conversion, in which two nuns have been arrested in Chhattisgarh, has alleged she was coerced and assaulted by Bajrang Dal activists to give a false statement, a charge denied by the right wing outfit.

MDS17 KL-CONVERSIONS-MINISTER

Not mainstream, but new generation churches carrying out conversions: Union Minister Kurian Thiruvananthapuram: Union Minister of State George Kurian on Thursday said that the mainstream churches in the country were not carrying out any conversions and it was the "new generation churches" which were doing it.

MDS13 KA-RAHUL-LD SIDDARAMAIAH

Rahul Gandhi has evidence for his 'votes theft' allegations: Siddaramaiah Bengaluru: Karnataka Chief Minister Siddaramaiah on Thursday said that Congress leader Rahul Gandhi has got evidence for his allegation regarding the modus operandi for "votes theft" during Lok Sabha polls in the state last year.

BUSINESS DEL26 BIZ-US TARIFF-COPPER

US announces 50 pc tariff on copper; to have limited impact on India New Delhi: The US has announced a steep 50 per cent tariff on imports of semi-finished copper and copper-based products from August 1, a move which will have a limited impact on India's exports from this sector to America.

LEGAL LGD25 SC-JSW-LD BHUSHAN STEEL

SC recalls verdict ordering liquidation of Bhushan Power and Steel New Delhi: In a significant development, the Supreme Court on Thursday recalled its controversial May 2 verdict that had ordered liquidation of Bhushan Power & Steel Limited (BPSL) while setting aside a resolution plan of JSW Steel Limited for the ailing firm.

LGD24 SC-PMLA

PMLA case: Will first hear issue of maintainability of pleas seeking review of verdict, says SC New Delhi: The Supreme Court on Thursday said it would first hear arguments on the issue of maintainability of petitions seeking a review of its 2022 verdict that upheld the Enforcement Directorate's (ED) powers to arrest, attach properties involved in money laundering and carry out search and seizure under the PMLA.

LGD21 SC-ROHINGYA

First major issue whether Rohingyas refugees or illegal entrants: SC New Delhi: The Supreme Court on Thursday said the first major issue to be dealt with in cases concerning Rohingyas is whether they are refugees or illegal entrants.

LGB2 MH-HC-ADITYANATH-FILM

CBFC denies certification to film based on' Yogi Adityanath's life; producers move HC Mumbai: The makers of a film, purportedly based on the life of Uttar Pradesh Chief Minister Yogi Adityanath, have approached the Bombay High Court challenging the Central Board of Film Certification's (CBFC) decision to deny it certification.

LGD26 DL-HC-BHANDARI

Delhi HC judge recuses from hearing Sanjay Bhandari's plea challenging 'fugitive offender' tag New Delhi: A judge of the Delhi High Court on Thursday recused himself from hearing a plea by UK-based arms consultant Sanjay Bhandari challenging a trial court's order declaring him a "fugitive economic offender".

FOREIGN FGN14 US-TRUMP-LD INDIA

Trump: India, Russia can take their dead economies down together Washington: US President Donald Trump once again mounted a sharp attack on India and Russia for their close ties and said that the two countries can take their "dead economies down together".

PTI SHS MPL MPL

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