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    VinFast India Partners with Federal Bank to Strengthen Dealer Financing Ecosystem
    Sugar prices soar to Rs 70 per kg ahead of festive season in Bengal, jaggery also dearer
    Rupee gains 9 paise to 95.65 against US dollar in early trade
    Union Minister of State for Finance Shri Pankaj Chaudhary participated virtually in 21st Award Ceremony of Security Printing and Minting Corporation o...
    Over 745 gram gold paste seized at IGI; Customs nab carrier, receiver
    Quebec remains cautious on Canada-US trade deal as Ottawa pushes to restore US alcohol
    No cases of foreigners getting Aadhaar, other govt benefits reported during SIR in K'taka: Minister
    Govt allows free imports of 10 lakh tn raw sugar until Oct 31; caps sugar stock for bulk consumers
    Govt allows free imports of 10 lakh tn raw sugar until Oct 31
    DFS Organises Workshop to Strengthen Implementation of Reservation Policy Across Public Financial Institutions
    DPIIT Signs MoUs with PhonePe and Shell India to Strengthen Startup Ecosystem and Drive Innovation
    Union Minister of Commerce and Industry Shri Piyush Goyal Strengthens India-Singapore Economic Partnership through High-Level Bilateral and Business E...
    A Vision for Responsible AI, Resilient Banking - Keynote Address [Contributions by RBI colleagues Ms. Chandni Trehan Saluja and Ms. Kavita Gangwal, De...
    Razorpay Launches Multi-Currency Account, Helping Exporters Retain International Earnings in Foreign Currencies
    DB HiTek to Make Debut at electronica India 2026, Targeting Growth in Indian Market
    BJP demands Vijayan’s resignation from Keralam LoP post over ED findings in CMRL case
    Pakistan seeks USD 10 bn US facility to bolster forex stability
    DRI busts a wildlife trafficking syndicate involved in illicit trade of ivory artefacts
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    Five held in UP's Bareilly for alleged fake Ayushman cards racket
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August 21, 2026
Show AI Summary
Dealer inventory financing supports working-capital flexibility, vehicle inventory management and electric-vehicle network expansion for authorised dealers.
Dealer inventory financing is to be provided by Federal Bank to VinFast India's authorised dealer network under a memorandum of understanding. The tailored financing is intended to improve dealers' working-capital flexibility, support maintenance of vehicle inventory, strengthen operational capability, and enable timely response to demand as the electric-vehicle distribution network expands.
August 21, 2026
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Sugar supply pressures drive festive-season price increases as imports, stockholding limits and ethanol diversion shape market conditions.
Sugar prices in Bengal have risen sharply ahead of the festive season, with higher prices also affecting jaggery and other sugar-derived products. Supply constraints, mill stock releases, lower production in Brazil, ethanol diversion and possible hoarding have been identified as contributing factors. Raw-sugar imports have been permitted to augment availability, while stockholding restrictions limit inventories of specified bulk consumers. Lower projected closing stocks and possible future production effects from El Nino may sustain pressure on sugar availability and increase costs for sweetmeat producers.
August 21, 2026
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Foreign currency inflows and FCNR(B) deposits supported rupee sentiment, while oil prices and geopolitical risks constrained currency strength.
The rupee strengthened marginally against the US dollar as the dollar index softened, but elevated crude oil prices, geopolitical uncertainty, reduced foreign participation and net foreign equity outflows constrained currency sentiment. RBI measures to attract foreign currency inflows, including FCNR(B) deposits, were expected to generate substantial inflows, although these had not produced meaningful rupee strength. Energy-market disruption and restrictions on fuel exports through the Strait of Hormuz added to external-sector pressures.
August 21, 2026
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Sovereign security production priorities emphasise compliance, modernisation, employee innovation and operational excellence across currency, passport and coinage manufacturing.
SPMCIL performs a sovereign production mandate covering secure currency, coinage, passports and other products of national importance through its mints, currency presses, security presses and paper mill. Modernisation, compliance, transparency, efficiency, productivity, quality and corporate governance support the fulfilment of sovereign requirements. Individual employees and units were recognised for performance in productivity, environment and safety, energy conservation, knowledge and development, vigilance, and official-language implementation.
August 20, 2026
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Customs enforcement against suspected gold smuggling leads to baggage seizure and apprehension of the alleged intended receiver.
Customs officers intercepted an arriving passenger at the green channel on intelligence inputs and examined baggage after X-ray screening indicated suspicious images. The examination recovered two oval capsules containing gold paste concealed in the baggage. Interrogation indicated that an alleged receiver was waiting outside the airport to collect the suspected smuggled gold. Customs officers apprehended the alleged receiver, and further investigation remains underway.
August 20, 2026
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Provincial alcohol sales restrictions remain subject to economic impact assessment under proposed bilateral trade agreement negotiations.
Provincial control over alcohol distribution remains distinct from federal trade-making authority. Quebec retains authority over whether United States alcohol is offered through its government-controlled liquor distribution system, despite lacking a veto over a bilateral trade agreement. Federal requests to restore United States alcohol to retail shelves cannot compel provincial action. Proposed trade commitments also concern restrictions on United States agricultural products and Canada's dairy import regime, which applies lower tariffs within designated import volumes and higher duties beyond those volumes.
August 20, 2026
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Electoral-roll verification found no reported cases of specified foreign nationals receiving identity-linked benefits or voter registration.
Electoral-roll special intensive revision recorded no reported cases of Pakistani, Bangladeshi or Iranian nationals obtaining Aadhaar cards, ration cards, other government benefits, or voter registration. Illegal immigrants are identified through police monitoring, intelligence measures, specialised operations and a Special Task Force. Overstayers are recorded through the District Police Module and Foreigners Identification Portal and produced before Foreigners Regional Registration Officer authorities. Persons found to be residing illegally are reported to the concerned central divisions, proceeded against through registered cases, retained pending case disposal and exit permits, and subjected to deportation steps.
August 20, 2026
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Raw sugar tariff-rate quota permits duty-free imports while bulk consumers face consumption-based sugar stockholding limits.
Raw sugar imports are permitted duty-free under a tariff rate quota until 31 October 2026, with online allocation to eligible millers and refiners having functional refining capacity. Applicants must provide a refining-capacity declaration and supporting Consent to Operate; preference applies to importers undertaking timely completion of imports, while non-utilisation or failure to surrender allocations constitutes non-compliance. Bulk sugar consumers meeting the prescribed consumption threshold are subject to a stock cap of 15 days' consumption from 1 September to 30 November 2026.
August 20, 2026
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Duty-free raw sugar imports under tariff rate quota seek to improve domestic supply and contain rising sugar prices.
Duty-free import of 10 lakh metric tonnes of raw sugar is permitted under a tariff rate quota until 31 October 2026. The import-policy measure seeks to increase domestic raw-sugar availability and restrain rising local prices amid reduced opening stocks. Price-containment measures also include a stockholding limit for bulk consumers using more than 10 tonnes of sugar monthly, restricting holdings to 15 days' consumption.
August 20, 2026
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Reservation policy implementation is strengthened through capacity building, uniform institutional practices, welfare measures, and improved financial accessibility for Divyangjans.
Reservation policy implementation across Public Sector Banks, Public Sector Insurance Companies, sectoral regulators and Public Financial Institutions is being strengthened through a capacity-building workshop. The programme seeks uniform and effective application of Government reservation policies and related welfare measures. Senior human-resource functionaries and Chief Liaison Officers considered practical implementation issues, actionable measures for consistency, and operational concerns. It also focuses on improving accessibility of financial services for Divyangjans.
August 20, 2026
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Startup ecosystem support expands through digital infrastructure, mentorship, market linkages and specialised assistance for energy and climate-tech innovation.
DPIIT's collaborations with PhonePe and Shell India create support mechanisms for DPIIT-recognised startups through technology access, digital infrastructure, mentorship, market opportunities and industry networks. PhonePe will provide transaction credits, access to the Indus AppStore, onboarding support, brand visibility, and training on fintech, sales, go-to-market strategy and business scaling. Shell India will assist energy and climate-tech startups through mentorship, strategic guidance, investor and incubator connections, participation opportunities, and knowledge-sharing materials on innovation and best practices.
August 20, 2026
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India-Singapore economic cooperation advances through trade, investment, technology and business linkages, including agriculture, fintech and sustainable infrastructure collaboration.
India-Singapore economic cooperation was advanced through ministerial, business and government-to-business engagements focused on deepening bilateral trade, investment, technology and commercial linkages. Discussions addressed agri-exports, GCC-based commercial parks, fintech and sustainable infrastructure, alongside expanding agricultural market linkages. The engagements reinforced commitment to strengthening trade, investment, technology and business-to-business cooperation.
August 20, 2026
Show AI Summary
Responsible AI banking requires human oversight, explainable customer decisions, fair conduct, resilient systems and inclusive credit access.
Responsible AI in banking must promote inclusion, resilience and customer trust while preserving human judgement, governance accountability and clear responsibility. AI and alternative data may widen access to credit where data is obtained with consent, tested for reliability and bias, and used prudently. Banks must maintain capacity to challenge models, oversee providers, test systems under adverse conditions and intervene when automation fails. Material customer decisions must be explainable, clearly communicated and subject to review by an authorised person. Fair conduct, meaningful disclosure, impartial complaint review and transparent communication remain essential throughout the customer relationship.
August 20, 2026
Show AI Summary
Multi-Currency EEFC settlements let exporters retain foreign earnings and choose conversion timing for overseas payment obligations.
Multi-Currency EEFC Account settlements enable exporters and international businesses to receive payment settlements directly into Exchange Earners' Foreign Currency accounts in the original transaction currency without immediate conversion into Indian rupees. Retention of foreign currency earnings permits businesses to choose when conversion is required, reducing repeated foreign-exchange conversion cycles and supporting management of foreign-currency cash flows and overseas obligations.
August 20, 2026
Show AI Summary
Power semiconductor foundry expansion targets Indian fabless customers through technology showcasing, process development, and collaboration in the growing semiconductor market.
DB HiTek seeks to expand foundry business with Indian fabless semiconductor companies by showcasing power semiconductor and specialised process technologies. Its commercial focus includes BCD processes for automotive and industrial applications, together with silicon-carbide and gallium-nitride process development and planned volume production. Product-performance evaluations are underway with strategic customers. Customer expansion also covers X-ray, global-shutter, single-photon avalanche diode, specialty CIS, and mixed-signal/RF processes, supported by collaboration with local fabless firms.
August 20, 2026
Show AI Summary
Money-laundering allegations over payments without services raise concerns about overseas transfers, identity-linked communications, and mineral smuggling.
Money-laundering allegations concern claimed payments by Cochin Minerals and Rutile Ltd. to Exalogic Solutions Pvt. Ltd., a company promoted by Veena T., without corresponding services. Searches reportedly yielded handwritten material referring to fund transfers to Dubai and digital material relating to a SIM card obtained in another person's name. Further allegations included overseas fund movement, hawala transfers, and possible thorium or monazite smuggling, all presented as allegations requiring examination.
August 20, 2026
Show AI Summary
Exchange stabilisation support aims to strengthen foreign-exchange resilience, reduce rollover dependence and restore access to longer-term market financing.
Pakistan has sought a proposed Exchange Stabilisation Support Facility to reinforce foreign-exchange stability and signal currency resilience to international capital markets. The strategy seeks to reduce reliance on short-term bilateral loans, deposits and rollovers by moving towards market-based financing with longer repayment periods. Improving sovereign creditworthiness through engagement with credit-rating agencies is intended to facilitate international market access, lower borrowing costs and enable longer-maturity debt raising.
August 20, 2026
Show AI Summary
Elephant ivory trade prohibition supports enforcement against wildlife trafficking, seizure of carved ivory articles, and further investigation.
Illicit trade in elephant ivory and articles manufactured from it is prohibited under the Wildlife (Protection) Act, 1972, supporting India's CITES obligations. Enforcement action against a wildlife-trafficking syndicate resulted in the interception of four persons and seizure of 54 carved ivory artefacts. The seized articles and apprehended persons were transferred to the State Forest Department for further investigation. The action forms part of continuing measures against unlawful trade in wildlife derivatives and biodiversity threats.
August 20, 2026
Show AI Summary
Trade deficit pressures persist as energy-import costs and currency weakness offset record automobile and electronics export growth.
Japan recorded its highest July import and export values since comparable statistics began, but continued to experience a trade deficit as rising energy costs increased import expenditure. Higher crude oil prices and disruption to Middle East supply routes affected an economy reliant on imported oil, while a weak yen raised the cost of fuel, food and raw materials. Strong automobile, semiconductor and electronics exports benefited from currency weakness, which also increased the yen value of overseas earnings.
August 19, 2026
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Forged health-scheme cards allegedly enabled ineligible treatment and misuse of public healthcare funds through false beneficiary details.
Alleged misuse of Ayushman health-scheme cards involved collecting identity and ration-card details by promising free treatment, then creating forged beneficiary cards with false particulars. The alleged scheme enabled treatment for ineligible persons and purported claims of government health-scheme funds. Police arrested five persons, recovered purported forged identity and beneficiary cards, and are investigating possible involvement of hospital and medical-office personnel, the scale of card forgery, and alleged diversion of public funds.

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News and Press Release

PM GatiShakti National Master Plan Evaluates 293 Infrastructure Projects Worth ₹13.59 Lakh Crore

August 5, 2025

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PM GatiShakti National Master Plan (PMGS NMP) was launched in October 2021. Since the launch, substantial progress has been made, which includes development of the geospatial platform, integration of multiple georeferenced data, provision of planning tools/software for planning infrastructure projects (including socio-economic infrastructure), and capacity building. Mechanism of Network Planning Group(NPG) has been institutionalised, under which infrastructure projects are evaluated for integrated planning, multimodality, inter-modality, synchronization of efforts, whole of Government approach and Last-mile connectivity in and around the project catchment area. So far, 293 infrastructure projects amounting to Rs. 13.59 Lakh Crore have been evaluated through the NPG mechanism.

Under PM GatiShakti initiative, as on date, 57 Central Ministries/Departments including 8 Infrastructure, 22 Social and 27 Economic & other Ministries/Departments have been onboarded on PMGS NMP. 36 States/UTs have also been onboarded on PMGS NMP. About 1700 data layers, including 969 layers from States/UTs and 731 layers from Central Ministries/Departments, have been mapped and integrated on the PMGS NMP. Year wise progress made under PMGS is given in Annexure-A

The PM GatiShakti National Master Plan has no specific or separate fund allocation. However, Ministry of Finance, Department of Expenditure through Part- II of the "Scheme for Special Assistance to States for Capital Investment for 2022- 23" made a provision of ₹ 5000 crores for disbursement among the States for PMGS related infrastructure development.

36 new Ministries/Departments, in addition to initial 21, have been included in the PMGS-National Master Plan. As on date, total 57 Central Ministries/Departments have been onboarded on PMGS NMP. The details are given in Annexure-B

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-A

ANNEXURE REFERRED TO IN REPLY TO PART (a) OF THE LOK SABHA UNSTARRED QUESTION 2658 FOR ANSWER ON 01.08.2025.

Year 2021 - 2022

  • PMGS NMP was launched.
  • Institutional mechanism of NPG was set up.
  • Initiation of onboarding of Infrastructure Ministries.
  • Mapping of assets of infrastructure Ministries and planning of infrastructure projects on the PMGS NMP platform.
  • Training and Capacity Building exercise for PM GatiShakti started. Five workshops/training sessions conducted for training and capacity building of officers, wherein about 500 officers participated.

Year 2022 - 2023

  • 8 Key infrastructure Ministries onboarded.
  • Mapping of assets of infrastructure Ministries and planning of infrastructure projects on the National Master Plan portal.
  • 71 infrastructure projects of Central Ministries evaluated in NPG.
  • A digital learning course on PM GatiShakti launched on iGoTKarmayogi platform.
  • About 50 workshops/training session, including 05 regional/state level workshops, conducted for training and capacity building of officers wherein more than 5000 officers participated.

Year 2023 - 2024

  • 2 Social Sector Ministries/Departments onboarded.
  • Mapping of assets of Social Sector Ministries on the PMGS NMP portal.
  • 73 infrastructure projects of Central Ministries evaluated in NPG.
  • Social sector project planning by Ministries on the PMGS NMP portal.
  • An MoU was signed with Gati Shakti Vishwavidyalaya, which was set up in December 2022.
  • A digital learning course on National Logistics Policy launched on iGoTKarmayogi platform.
  • About 100 workshops/training sessions, including 10 regional/state level workshops, conducted for training and capacity building of officers wherein more than 10000 officers participated.

Year 2024 - 2025

  • 20 Economic sector Ministries onboarded.
  • 05 other Ministries/Departments onboarded.
  • Mapping of assets of Economic Ministries on the PMGS NMP.
  • 121 infrastructure projects of Central Ministries evaluated through the NPG mechanism.
  • District Master Plan (DMP) launched for 28 aspirational districts to enable geospatial data driven planning by adopting the Area Development Approach at district level.
  • Digital learning courses on PM GatiShakti- Roles and Responsibilities and PM GatiShakti for effective infrastructure planning and development, launched on iGoTKarmayogi platform.
  • More than 100 workshops/training sessions, including 10 regional/state level workshops, conducted for training and capacity building of officers wherein more than 10000 officers participated.

Year 2025 - 2026

  • 02 other Ministries/Departments onboarded.
  • Standard Operating Process (SOP) for 50 no. of Ministries/Departments finalized/revised.
  • A group of JS level officers including existing NPG members, BISAG-N, MeitY and MoHUA has been set up for technical upgradation and technical issue resolution of PMGS NMP.
  • A single Sign-On User Management System using NIC JanParichay has been implemented through which access of PMGS NMP was provided to States/UTs.
  • 28 infrastructure projects of Central Ministries evaluated through the NPG mechanism.
  • About 25 workshops/training sessions (Ministry wise) conducted for training and capacity building of officers wherein 100 officers participated. Under the Capacity Building initiative, more than 25000 officers got trained cumulatively.

ANNEXURE-B

ANNEXURE REFERRED TO IN REPLY TO PARTS (c) & (d) OF THE LOK SABHA UNSTARRED QUESTION 2658 FOR ANSWER ON 01.08.2025.

List of Ministries onboarded on PMGS NMP

INFRASTRUCTURE (8 Ministries/Departments)

Sr. No

Name of Ministry

Department

1.

Ministry of Railway (MoR)

 

2.

Ministry of Road Transport and Highways (MoRTH)

 

3.

Ministry of Civil Aviation (MoCA)

 

4.

Ministry of Port, Shipping and Waterways (MoPSW)

 

5.

Ministry of Petroleum and Natural Gas (MoPNG)

 

6.

Ministry of Communication

Department of Telecommunication (DoT)

7.

Ministry of Power (MoP)

 

8.

Ministry of New and Renewable Energy (MNRE)

 

 

SOCIAL (22Ministries/Departments)

1.

Ministry of AYUSH

 

2.

Ministry of Culture

 

3.

Ministry of Education

Department of Higher Education,

Department of School, Education & Literacy

4.

Ministry of Health and Family Welfare

Department of Health & Family Welfares Facilities

Department of Health Research

5.

Ministry of Jal Shakti

Department of Drinking Water & Sanitation

Department of Water Resources, River Development & Ganga Rejuvenation

6.

Ministry of Labour and Employment

 

7.

Ministry of Housing and Urban Affairs (MoHUA)

 

8.

Ministry of Minority Affairs (MoMA)

 

9.

Ministry of Panchayati Raj (MoPR)

 

10.

Ministry of Rural Development (MoRD)

 

11.

Ministry of Skill Development and Entrepreneurship (MSDE)

 

12.

Ministry of Social Justice and Empowerment

Department of Social Justice

Department of Empowerment of Persons with Disabilities

13.

Ministry of Sports and Youth Affairs (MoSYA)

Department of Sports

Department of Youth Affairs

14.

Ministry of Tribal Affairs (MoTA)

 

15.

Ministry of Tourism

 

16.

Ministry of Women and Child Development (MoWCD)

 

17.

Ministry of Communication* *Ministry already counted in Infra ministries

Department of Post

 

ECONOMIC (20 Ministries/Departments)

1.

Ministry of Commerce and Industries (MoCI)

Department for Promotion of Industry and Internal Trade (DPIIT)

Department of Commerce

2.

Ministry of Agriculture and Farmers Welfare

 

3.

Ministry of Chemical and Fertilizers

Department of Fertilizers

Department of Chemical and Petrochemicals

Department of Pharmaceuticals

4.

Ministry of Consumer Affairs and Public Distribution

Department of Food and Public Distribution

Department of Consumer Affairs

5.

Ministry of Coal

 

6.

Ministry of Earth Science

 

7.

Ministry of Electronic and Information Technology (MEITY)

 

8.

Ministry of Fisheries, Animal Husbandry and Dairying

Department of Animal Husbandry, Dairying

Department of Fisheries

9.

Ministry of Food Processing Industries

 

10.

Ministry of Heavy Industries

 

11.

Ministry of Mines

 

12.

Ministry of Steel

 

13.

Ministry of Textile

 

14.

Ministry of Micro, Small and Medium Enterprises (MSME)

 

15.

Ministry of Finance

Department of Revenue

OTHER (7 Ministries/Departments)

1.

Ministry of Defence

 

2.

Ministry of Development of North Eastern Region

 

3.

Ministry of Co-operation

 

4.

Ministry of Environment, Forest and Climate Change

 

5.

Ministry of Home Affairs

 

6.

Ministry of Information Broadcasting

 

7.

Ministry of Personnel, Public Grievance & Pensions

Department of Personnel & Training

 

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