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    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
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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.
August 13, 2026
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Manufacturing GVA growth under the revised national accounts series highlights stable sectoral contribution and resilience-focused industrial measures.
Manufacturing performance is assessed under the revised National Accounts Statistics series using 2022-23 as the base year. Manufacturing's share of total Gross Value Added at current prices remained broadly stable through 2025-26, and Manufacturing GVA at constant prices achieved a compounded annual growth rate of 10.88% from 2022-23 to 2025-26. Production Linked Incentive schemes, logistics and industrial-corridor measures, semiconductor initiatives, and MSME support seek to strengthen domestic manufacturing, diversify supply chains, reduce import dependence, and improve resilience.
August 13, 2026
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Electronic inspection and certified copies expand digital access to judicial records while supporting efficient case management and reduced delays.
NCLT has launched e-Inspection and e-Certified Copy Services for faster and more convenient access to judicial records and certified copies by advocates, litigants and other stakeholders. The services support a technology-enabled Registry framework and transparent, efficient justice delivery. Pendency monitoring, workload redistribution, Special Benches, maximisation of court time, and registration and listing guidelines are intended to improve case management, optimise limited judicial resources and reduce avoidable delays.
August 13, 2026
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CBDC-based food subsidy transfers enable eligible beneficiaries to use Digital Rupee wallet credits for traceable foodgrain purchases.
CBDC-based Direct Benefit Transfer under the Pradhan Mantri Garib Kalyan Anna Yojana will credit eligible beneficiaries' food subsidies as programmable Digital Rupee tokens directly into CBDC wallets. Beneficiaries may use these credits to purchase foodgrains from empanelled merchants through secure, real-time and traceable payments, replacing conventional bank-account transfers. The model is intended to improve traceability, reduce leakages and cash handling, enable real-time monitoring of subsidy use, and provide a scalable framework for CBDC integration with welfare schemes.
August 13, 2026
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Preferential trade agreement negotiations begin under agreed terms covering market access, origin rules, trade remedies and dispute settlement.
India and the Southern African Customs Union have signed Terms of Reference to commence negotiations for a Preferential Trade Agreement. Negotiations are envisaged on trade in goods and market access, rules of origin, customs procedures and trade facilitation, trade remedies including bilateral safeguards, sanitary and phytosanitary measures, technical barriers to trade, dispute settlement, and legal and horizontal provisions. The Terms of Reference establish the negotiating framework only; preferential tariff treatment and other operative commitments depend on conclusion of a final agreement.
August 12, 2026
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Prepaid plan restructuring eliminates mid-tier daily-data options and channels subscribers toward higher-priced plans with expanded data access.
Bharti Airtel has discontinued prepaid plans combining 1.5 GB daily data allowances with unlimited calling, directing subscribers towards higher-priced plans with expanded data access, including unlimited 5G data. The restructuring reduces low-priced unlimited-data offerings and changes the pricing architecture for customers using discontinued mid-tier plans. Management links tariff repair to differentiated mobile-plan categories and sustained average revenue per user growth.
August 12, 2026
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Insolvency professional conduct faces money-laundering allegations over re-admitted claims, creditor committee changes, and a connected resolution applicant.
Enforcement action under the Prevention of Money Laundering Act concerns allegations that an insolvency professional re-admitted claims earlier rejected as spurious and fraudulent during the Corporate Insolvency Resolution Process. The alleged re-admission altered the Committee of Creditors' composition and facilitated consideration of a resolution plan allegedly submitted for, and funded through an entity controlled by, a company promoter under investigation for diversion of bank-loan funds. Adverse findings reportedly included acting beyond authority by relying on fabricated and improperly submitted material.
August 12, 2026
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Identity document forgery allegations prompt investigation into fraudulent Aadhaar updates and falsified government and educational certificates.
Alleged forgery and misuse of identity-related records are under investigation following operations at Aadhaar centres. Seized materials reportedly include forged birth, educational, residence, caste and citizenship certificates, records bearing forged signatures and seals, and equipment used for Aadhaar updates. Four persons were arrested in two operations for allegedly preparing forged records and using them to update Aadhaar cards. Cases have been registered under relevant provisions of the Bharatiya Nyay Sanhita, with investigation continuing into the extent of the alleged network.
August 12, 2026
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Holding-company governance succession follows leadership departure, requiring transition planning amid unresolved strategy, capital allocation, board representation and listing questions.
Tata Sons' leadership succession and governance framework have become central following the chairman's decision not to seek reappointment when his term ends in February 2027. The board has been asked to decide on a successor promptly. Unresolved matters include the strategic roadmap, losses and capital requirements in newer businesses, board representation, capital allocation, an exit route for the Shapoorji Pallonji Group, and the possible listing of Tata Sons. Future leadership must manage these issues while improving returns from investment-intensive businesses and maintaining established operations.
August 12, 2026
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Interest-rate regulation for loans and advances proposes harmonised fixed and floating loan-pricing principles across regulated entities.
Interest-rate regulation for loans and advances is proposed to be harmonised across all regulated entities through a principles-based framework for fixed-rate and floating-rate loans. The framework would be calibrated to each entity's nature, complexity and scale, while supporting monetary policy transmission, credit-risk-based pricing, and fair, non-discriminatory borrower treatment. It addresses divergent commercial-bank practices in determining the marginal cost of funds-based lending rate and its components, alongside limited regulatory coverage of fixed-rate loans. Separate final directions are intended for each category of regulated entity after consideration of feedback.
August 12, 2026
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Elevated crude oil prices and Tata leadership transition drove broad equity market selling amid inflation concerns.
Indian equity markets declined amid elevated crude oil prices, inflation concerns and broad risk-off selling. Tata Group shares, particularly TCS, came under pressure after N. Chandrasekaran announced that he would not seek reappointment as Tata Sons Chairman when his current term ends. Crude oil prices approaching the USD 90-per-barrel level affected investor confidence because of potential inflationary effects, while uncertainty over United States-Iran negotiations and Strait of Hormuz shipping disruptions added to global energy market concerns.
August 12, 2026
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Trade sovereignty and energy security underpin calls to resist tariff pressure and protect sensitive sectors in bilateral negotiations.
Trade sovereignty and energy security are advanced as grounds for resisting tariff pressure linked to Indian purchases of Russian crude. Bilateral trade negotiations should proceed through equality, reciprocity and mutual respect without compromising agriculture, dairy, energy security or strategic autonomy. Concerns are also raised over removal of e-commerce inventory restrictions for foreign direct investment and over proposed Merchant Discount Rate charges on UPI transactions. Withdrawal of the inventory measure and opposition to payment-provider charges are urged, alongside possible restrictions on United States technology and social-media companies and consumer boycotts of American goods and services.
August 12, 2026
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Fair trading practices and circular production are promoted to strengthen Make in India and expand global market participation.
Trade and industrial policy messaging encourages businesses to digitise operations, adopt good manufacturing practices, follow fair trading practices, and promote recycling, reuse and a circular economy. Nine free trade agreements are identified as creating preferential market-access opportunities for Indian industry and businesses. MSMEs, entrepreneurs, farmers, fishermen, workers and the services sector are encouraged to expand Indian products and services globally, improve competitiveness through scale, and strengthen the quality, design and brand value associated with Make in India.
August 12, 2026
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Private capital mobilisation requires credible long-term frameworks, risk-sharing mechanisms, and multilateral partnerships to strengthen infrastructure investment.
Private capital mobilisation in infrastructure and development finance depends on credible long-term frameworks, investor confidence, project bankability, and balanced risk allocation. Public capital is intended to catalyse rather than replace private investment. Key financing mechanisms include Viability Gap Funding, the Hybrid Annuity Model, credit enhancement, and Infrastructure Investment Trusts. Long-term investment visibility and coordinated connectivity are supported through the National Infrastructure Pipeline and PM Gati Shakti framework, alongside investment measures for freight, rail, waterways, and coastal cargo.
August 12, 2026
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Judicial allowance exemptions under the new tax regime remain disputed, with return processing and resulting demands kept in abeyance.
Tax treatment of specified judicial allowances under the new income-tax regime is disputed. Statutory service-condition provisions are asserted to exclude allowances, including official residence, conveyance, sumptuary allowance and leave travel concession, from income computation and to override the Income-tax Act. Pending consideration, affected judges may show these amounts as receipts not in the nature of income, and their returns are not to be processed further. Any resulting demand remains in abeyance, while refundable amounts are withheld subject to the pending proceedings.
August 12, 2026
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Corporate closure data highlights worker-claim treatment through insolvency adjudication and liquidation priority, while affected-worker information remains unmaintained.
Corporate closure data recorded 36,211 private companies in Maharashtra as liquidated, dissolved or struck off during the preceding five financial years. Central information is not maintained on workers affected by closures or special rehabilitation packages. In corporate insolvency resolution, employee and worker claims are adjudicated under orders of the adjudicating authority. In winding-up or liquidation, the liquidator deals with pending wages and other admissible statutory dues, subject to available funds and the statutory order of priority.

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India Marks Three Years of National Logistics Policy: Transforming India’s Supply Chain Ecosystem

September 16, 2025

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Unified Logistics Interface Platform Facilitates Over 160 Crore Transactions, Enhancing Real-Time Visibility Across 101 Inland Container Depots

LEADS Index and Sectoral Policy for Efficient Logistics Propel India’s Rise in Global Logistics Performance and Sustainable Growth

Government Strengthens Multimodal Transport and Green Logistics with Development of Multi-Modal Parks, Skill Initiatives, and Emission Measurement Tools

The Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, commemorates the third anniversary of the National Logistics Policy (NLP), launched by the Prime Minister Shri Narendra Modi on 17th September 2022. Over the past three years, NLP has catalysed reforms across the logistics ecosystem, driving improvements in digital integration, skill development, policy alignment, and infrastructure planning. These initiatives have contributed significantly to enhancing efficiency and reducing logistics costs across domestic and international supply chains.

Aligned with the PM GatiShakti National Master Plan, the National Logistics Policy focuses on strengthening soft infrastructure, advancing digitization, fostering human resource development, and enabling regulatory reforms. Its key objectives are to reduce logistics costs to global benchmarks, improve India’s ranking in the Logistics Performance Index (LPI) to the top 25 by 2030, and establish a robust, data-driven decision support system to ensure an efficient and integrated logistics ecosystem.

Key achievements under the National Logistics Policy (2022–2025) includes the Unified Logistics Interface Platform (ULIP) which has facilitated secure API integration across more than 30 digital systems, enabling over 160 crore digital transactions as of August 2025. The Logistics Data Bank has tracked over 75 million EXIM containers across 101 Inland Container Depots (ICDs), providing real-time visibility and streamlining logistics operations.

The Logistics Ease Across Different States (LEADS) index assesses logistics performance across States and Union Territories. The 2024 edition introduced new parameters such as corridor access and terminal speed, while the 2025 edition expanded to include digital logistics and sustainability metrics. LEADS has played a crucial role in supporting India’s rise to the 38th position in the World Bank’s Logistics Performance Index.

The Logistics Excellence, Advancement, and Performance Shield (LEAPS) initiative recognizes innovation in logistics by MSMEs, startups, and academia, while promoting green logistics and Environmental, Social, and Governance (ESG) practices. Additionally, DPIIT is conducting a logistics cost assessment in partnership with the National Council of Applied Economic Research (NCAER) to develop actionable strategies for cost reduction.

DPIIT’s collaboration with NCAER, initiated in 2024, has led to a systematic, data-driven assessment of logistics costs. Now in its final stages, this study is expected to provide actionable insights to inform policy planning and optimize logistics expenditures.

Large-scale Multi-Modal Logistics Parks (MMLPs) are being developed to enhance multimodal transport by integrating services such as customs clearance, cold storage, and packaging. Efforts are underway to harmonize planning and implementation under a unified framework involving multiple agencies.

To improve digital integration and ease of doing business, an institutional mechanism called the Service Improvement Group (SIG) was established to address policy and regulatory issues. The E-Logs portal has onboarded more than 35 logistics and industry associations, and has successfully resolved 100 out of 140 issues submitted by stakeholders.

In pursuit of green and sustainable logistics, the Indian Institute of Management Bangalore developed the Transportation Emissions Measurement Tool (TEMT), a cloud-based platform aligned with ISO 14083 standards. The National Logistics Policy also encourages logistics service providers to adopt green practices and renewable energy solutions.

Skill development and capacity building have received significant focus, with over 100 universities and institutes now offering logistics-related courses. The Centre of Excellence for City Logistics at SPA Bhopal has trained more than 100 officials, while over 65,000 professionals have been trained between 2023 and 2025 with new qualification packs approved. Furthermore, a Memorandum of Understanding with GatiShakti Vishwavidyalaya has facilitated the launch of undergraduate and postgraduate logistics programs. Over 250 workshops have been conducted for government officials, complemented by digital courses available on the iGoT platform.

The Sectoral Policy for Efficient Logistics (SPEL) aims to create resilient, sector-specific logistics frameworks tailored to industries such as coal, cement, steel, food processing, and pharmaceuticals. SPEL promotes multimodal transport, cost reduction, and data-driven decision-making. To date, the Coal Logistics Policy and Integrated Coal Logistics Plan have been notified, the Cement SPEL finalized, and draft plans for steel, fertilizer, and food processing sectors are underway.

DPIIT, in collaboration with GIZ, has initiated a study to improve women’s participation in the logistics sector. Key findings and recommendations from this study are currently under review to promote gender inclusion and empower women in logistics.

Under the National Logistics Policy, DPIIT has issued guidelines for preparing City Logistics Plans (CLPs) aimed at reducing traffic congestion, pollution, and logistics costs while enhancing urban freight efficiency. These guidelines are being integrated into State Action Plans and State Logistics Policies.

To strengthen logistics at the regional level, twenty-seven States and Union Territories have formulated State Logistics Policies, with fourteen States preparing Logistics Action Plans. Nineteen States have granted industry status to logistics, enabling tax benefits and incentives. Policies in nine States are presently in draft stages, with ongoing efforts to ensure their timely finalization.

While significant progress has been made, challenges remain in addressing infrastructure gaps, regulatory harmonization, and improving digital literacy among smaller logistics operators. Enhanced coordination between States, Union Territories, and Central Ministries is critical to achieving seamless multimodal integration. The Government remains committed to overcoming these challenges through the ‘Whole of Government’ approach under PM GatiShakti, supported by active stakeholder engagement, public-private partnerships, and innovative financing mechanisms.

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