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    Additional Information related to GDP Estimates Received After Release of Q1 Estimates of FY 2026-27
    Union Minister of Commerce & Industry Shri Piyush Goyal Chairs CEO Roundtable on Ease of Doing Business for Scaling India’s Data Centre Ecosystem
    India–Afghanistan Joint Working Group on Trade Holds Virtual Meeting; Reviews Measures to Strengthen Bilateral Trade and Economic Cooperation
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September 2, 2026
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Double deflation explains negative manufacturing GVA deflators when input prices rise faster than output prices.
Double deflation in manufacturing separately deflates gross output and intermediate consumption, with real GVA derived from their difference. Where input prices rise faster than output prices, nominal GVA may grow more slowly than real GVA, producing a negative implicit GVA deflator despite rising output and input prices. A negative manufacturing GVA deflator therefore does not establish a fall in manufactured-product prices or lower real growth. The implicit GDP deflator is a derived ratio between current-price and constant-price GDP and differs from CPI and WPI because of their distinct coverage, weights, and price concepts.
September 2, 2026
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Data centre ease-of-doing-business reforms target reliable power, prepared land, streamlined approvals and building standards for faster infrastructure deployment.
Ease-of-doing-business reforms for India's data-centre ecosystem focus on faster and sustainable infrastructure deployment through reliable power, ready-to-use land, streamlined approvals and suitable building regulations. Proposed power measures include cluster-based transmission planning, first-day sanctioned load, dual feeders and cross-border renewable-energy procurement. Data-centre-ready land banks and power-ready parcels are intended to reduce development timelines. The National Building Code 2026 recognises data centres under Group E and contains a dedicated annex on fire-risk assessment and data-centre-specific performance indicators.
September 2, 2026
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Trade facilitation and customs cooperation drive follow-up action on connectivity, regulatory coordination, investment promotion and bilateral commercial engagement.
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September 2, 2026
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Residential rooftop solar subsidy requires eligibility, prior approval, registered installation, net metering, commissioning, and verified bank details for direct transfer.
PM Surya Ghar Muft Bijli Yojana provides central financial assistance for eligible grid-connected residential rooftop solar systems, capped at Rs. 78,000 for systems of three kilowatts or more. Applicants must be Indian citizens who own a suitable house, hold a valid electricity connection, and have not received an earlier solar-panel subsidy. Applications require portal registration, distribution-company feasibility approval, installation through a registered vendor, net metering, inspection, commissioning and submission of bank details. Assistance is transferred directly after verification. State-specific net-metering procedures, approvals and additional incentives may apply.
September 2, 2026
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Sovereign credit rating upgrade reflects solid growth, stronger financial systems, and improving fiscal and external resilience.
JCR upgrades India's foreign-currency and local-currency long-term issuer ratings to A- with a stable outlook, citing sustained economic growth, productivity-oriented policies and improved financial-system soundness. Fiscal constraints include elevated deficits, intergovernmental fiscal transfers, electoral-cycle sensitivity, and high combined government debt and interest burdens. Greater emphasis on infrastructure capital expenditure has improved the quality of fiscal spending. External resilience is supported by a contained current account deficit, services surplus and foreign-exchange reserves exceeding short-term external debt.
September 2, 2026
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Personal insolvency bench constitution and repayment-plan eligibility remain contested where a larger tribunal bench stays a third-member order.
Personal insolvency proceedings raised a challenge to the National Company Law Tribunal's authority to constitute a five-member bench after a split verdict. The challenge contended that the mechanism for differing views permits reference to another member or members, but does not authorise a five-member bench. The larger bench stayed the third member's order, restricted asset alienation, and suspended an order permitting settlement of personal-guarantee claims. The dispute concerned the validity of that bench, the split-verdict reference procedure, repayment-plan eligibility, and pending creditor appeals.
September 2, 2026
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Digital lending app verification enables borrowers to identify regulated lenders, grievance channels, and warning signs before accepting loans.
GoCredit's Loan App Checker allows borrowers to search lending apps against the public Digital Lending App directory and identify the regulated lender, grievance contact and RBI Ombudsman escalation route where a match exists. Regulatory reporting by regulated entities enables app-level verification, while borrowers should also check the lender named in app disclosures and loan agreements. A directory listing is a regulated-entity disclosure, not RBI approval or endorsement. Unmatched apps should be assessed through verification steps and reported through official channels where appropriate.
September 2, 2026
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Rupee depreciation in early trade reflected oil-price pressures, risk aversion, higher Treasury yields and broad dollar strength.
Early foreign-exchange trading saw the rupee weaken against the US dollar amid renewed US-Iran tensions, risk aversion, higher Brent crude prices, and a stronger dollar. Safe-haven demand, inflation concerns linked to potential oil-supply disruption, expectations of a September Federal Reserve rate increase, and higher US Treasury yields supported the broad dollar rally. RBI monitoring of the rupee's decline was noted.
September 2, 2026
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Responsible AI governance requires ethical safeguards, privacy protection, accountability and adaptive oversight to build lasting corporate stakeholder trust.
Responsible artificial intelligence governance requires continuous innovation, inclusive development, responsible deployment and trust-based governance. AI systems should be ethical, safe, transparent, fair and human-centric, with safeguards for privacy, bias, security and accountability. Proportionate and adaptive regulation should provide clear accountability, standards, monitoring, auditability and grievance redressal. Good governance, cybersecurity, personal data protection and responsible AI together strengthen organisational resilience, stakeholder trust, transparency and sustainable innovation.
September 2, 2026
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E-auction of surplus public land enables transparent outright sale of RINL parcels through registered, KYC-verified bidding.
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September 2, 2026
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Competition approval for infrastructure finance restructuring covers acquisition, minority transfer, investment divestment, and merger of regulated NBFCs.
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September 2, 2026
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Healthcare merger approval enables KCIL to acquire fertility and specialty hospital businesses alongside related equity issuances and investment.
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September 1, 2026
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September 1, 2026
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Foreign exchange market dynamics: rupee appreciation reflected portfolio inflows, domestic growth, and possible central-bank intervention amid external pressures.
The rupee appreciated against the US dollar, supported by domestic growth, controlled fiscal slippage, portfolio-related inflows and possible Reserve Bank of India intervention. Its gains were limited by weak equity markets, rising crude oil prices and a stronger dollar. External geopolitical tensions and hawkish US monetary signals remained potential pressures. Domestic indicators showed strong economic activity, while the current account deficit widened because of a higher merchandise trade deficit. Foreign portfolio inflows continued despite investors remaining net sellers during the year.
September 1, 2026
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Current account deficit widened as merchandise trade deficit increased, notwithstanding stronger services receipts, remittances, and foreign direct investment inflows.
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September 1, 2026
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Technology-enabled tax compliance and enforcement supported higher commercial tax collections, while GST rate reductions moderated sectoral net GST growth.
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September 1, 2026
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Windfall gains tax on petroleum exports rises for petrol and diesel while aviation turbine fuel levy is reduced.
Special additional excise duty and road and infrastructure cess on petroleum-product exports are revised with effect from 1 September 2026. The export duty on diesel is increased, the levy on aviation turbine fuel is marginally reduced, and a duty is imposed on petrol exports. Existing duty rates for petrol and diesel cleared for domestic consumption remain unchanged. The windfall-tax framework seeks to support domestic fuel availability and deter exporters from benefiting from domestic and international price differences.
September 1, 2026
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Automated Free Sale and Commerce Certificate issuance reduces manual scrutiny while preserving risk-based review for eligible exporters.
DGFT has enabled automated issuance of Free Sale and Commerce Certificates through its portal for eligible exporters of items not covered by the Drugs & Cosmetics Act, 1940. Applications satisfying prevailing framework and automated processing parameters may be issued without manual scrutiny. Applications requiring verification or not meeting those parameters may be routed for manual processing, while auto-approved applications may be flagged later for risk-based review. The mechanism seeks faster, more transparent and predictable processing while retaining necessary oversight.
September 1, 2026
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Five-day banking and equitable performance incentives drive planned nationwide bank union strike amid unresolved pension demands.
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September 1, 2026
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Equity market volatility intensified as higher crude prices, geopolitical tensions and tighter monetary expectations weakened domestic investor sentiment.
Indian equity markets closed marginally lower as higher crude oil prices, US-Iran tensions, and expectations of prolonged tight United States monetary policy weakened risk appetite. The phased Closing Auction Session contributed to a late recovery in the benchmark index. Rising crude prices and global bond yields triggered broad-based selling across several domestic sectors, while foreign institutional equity sales and weakness in overseas markets added to pressure despite stronger-than-expected domestic economic growth.

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IICA organises National Conference & Exhibition on Leveraging CSR Excellence for Tribal Development in New Delhi

October 7, 2025

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The Initiative marks 2nd Annual CSR Day; aims to promote CSR excellence through innovation, inclusion and sustainable partnerships for holistic tribal development across India

DG & CEO, IICA, Shri Gyaneshwar Kumar Singh notes a notable rise in CSR spending by Indian companies, surpassing the 2% threshold, reflecting a deeper commitment to social welfare

CSR efforts should reach every part of society, fostering inclusivity and equitable development: Shri Chanchal Kumar, Secretary, MDoNER

The National Conference & Exhibition on Leveraging CSR Excellence for Tribal Development, a two-day event was inaugurated on 6th October 2025 at New Delhi. The Conference was organised by the Indian Institute of Corporate Affairs (IICA), an autonomous institution under the Ministry of Corporate Affairs, Government of India.

The event was organised to mark the 2nd Annual CSR Day in India, commemorating the Birth Anniversary of Mahatma Gandhi, and to promote the Gandhian philosophy of trusteeship in CSR initiatives with a focus on advancing CSR excellence for tribal development.

The inaugural ceremony was graced by Shri Durgadas Uikey, Union Minister of State, Ministry of Tribal Affairs, and Shri Harsh Malhotra, Union Minister of State, Ministry of Corporate Affairs who visited the Exhibition and took a detailed tour of the vibrant stalls showcasing CSR best practices, along with a special delegation of tribal artisans marketing their merchandises from Pan-India, supported by TRIFED.  Shri Chanchal Kumar, Secretary, Ministry of Development of North Eastern Region; Shri M. Raja Murugan, Managing Director, TRIFED; Shri Gyaneshwar Kumar Singh, Director General & CEO, IICA; Shri Shombi Sharp, UN Resident Coordinator in India; and Prof. Garima Dadhich, Head, School of Business Environment, IICA inaugurated the conference.

Shri Chanchal Kumar, Secretary of MDoNER, delivered an insightful keynote address emphasizing the importance of diversity and inclusion in CSR initiatives. He urged corporations to focus on small, impactful projects that provide tangible benefits to all sections of society. He highlighted the need for qualitative resource expenditure rather than large-scale investments, aiming for measurable outcomes by 2047. Shri Kumar stressed that CSR efforts should reach every part of society, fostering inclusivity and equitable development. He also pointed out the North East Region’s readiness to attract greater investment, with enhanced infrastructure and improved project implementation capabilities. This, he noted, would contribute to the region’s development and serve as a model for balanced growth. Shri Kumar underscored the role of Artificial Intelligence (AI) in improving efficiency, creating job opportunities, and addressing social inequalities, particularly in tribal and rural areas. AI can play a pivotal role in sectors like healthcare, education, and agriculture, transforming the lives of underserved communities. Focusing on education and skills, Shri Kumar emphasized their critical role in reducing inequality. He called for CSR initiatives to prioritize these areas, as they empower individuals, provide economic opportunities, and create a more skilled workforce for sustainable national development.

In his welcome address, Shri Gyaneshwar Kumar Singh, DG & CEO of IICA, highlighted the growth and transformation of India’s CSR landscape, emphasizing its shift towards community-driven, impact-oriented initiatives. He noted a notable rise in CSR spending by Indian companies, surpassing the 2% threshold, which reflects a deeper commitment to social welfare. He urged CSR programs to evolve beyond just financial contributions, advocating for stronger support in the form of technology, management, and knowledge sharing to empower local communities, particularly in tribal areas. As India’s social sector continues to make tangible impacts through CSR, he stressed the importance of aligning CSR efforts with the United Nations' 2030 Agenda for Sustainable Development. CSR, he noted, has shifted from being demand-driven to supply-driven, with companies now investing more than the required 2%. He emphasized the urgent need for capacity building within implementing agencies, underscoring IICA’s role in supporting these partners to drive sustainable development effectively.

In his special addressShri M. Raja Murugan emphasized the role of value addition and entrepreneurship in tribal economies, stressing the need for skill development, branding, and digital market access to empower tribal artisans. Shri Shombi Sharp lauded India’s CSR framework, which he described as a global model of corporate accountability and social innovation, noting that India is now a leader in aligning private sector creativity with the Sustainable Development Goals (SDGs).

The session concluded with a Vote of Thanks by Dr Garima Dadhich, Head, School of Business Environment, IICA, who expressed gratitude to the distinguished speakers and attendees for their valuable contributions. She reaffirmed IICA’s commitment to strengthening CSR governance, capacity building, and cross-sectoral partnerships that drive sustainable and inclusive development, empowering India’s tribal communities through knowledge, innovation, and collaboration.

The day featured three high-impact panel sessions that explored diverse dimensions of CSR’s role in advancing tribal livelihoods, health, and entrepreneurship.

The first High-Level Panel, Leadership Dialogue: Leveraging CSR Excellence for Tribal Development, brought together eminent corporate leaders and development thinkers including Mr. Pradeep Fellow, Executive Director, REC Limited, Mr. Anil Kumar Jadli, Director, NTPC Limited; Mr. Pravir Krishna, Former Managing Director, TRIFED, Mr. Bibhuti Ranjan Pradhan, Executive Director, Indian Oil Corporation Limited, Ms. Ruchi Sadhana, Vice President –Corporate Audit, HCLTech, Mr. Mathew Cherian, Chief Executive Officer, HelpAge India; and Prof. Garima Dadhich, Head, School of Business Environment, Indian Institute of Corporate Affairs (IICA).

The second High-Level Panel, CSR for Sustainable Livelihoods & Tribal Entrepreneurship: Glocal Case Studies, convened thought leaders from government and industry, including Mr. Santanu Mitra, Senior Economic Adviser, Ministry of Corporate Affairs, Government of India; Dr. Raji N.S., Deputy Secretary, Ministry of Tribal Affairs, Government of India; Dr. Bhaskar Chatterjee, Former Director General & CEO, Indian Institute of Corporate Affairs; Mr. Gaurav Majumdar, Lead – Skill Development & Livelihood, HCL Foundation; Mr. Binu Nair, Chief – Program and Operations, Bharti Airtel Foundation; Mr. Ujas Dave, General Manager, Tata Chemicals, and Mr. Stanley Joseph, Lead – Programmes, Dialectics.

The third  High-Level Panel, CSR for Health & Nutrition in Tribal Areas, featured a cross-section of experts and practitioners, including Mr. Lucas L. Kamsuan, Joint Secretary (Administration & Coordination), Department of Public Enterprises, Government of India; Ms. Ashwini Deodeshmukh, CSR Head, Godrej & Boyce, Dr. Vivek Virendra Singh, Health Specialist, Health Section, UNICEF India, Mr. Keshav Kanoria, Partner, The Bridgespan Group, Ms. Gayatri Subramaniam, Director, Association for Women in Business, and Director, International Centre for Socially Responsible Businesses, and Mr. Praveen Karn, Group Head – Sustainability & CSR, Spark Minda Group.

The event witnessed the participation of over 300 delegates from government, academia, industry, and civil society, reaffirming India’s collective resolve toward sustainable and inclusive development. The accompanying exhibition showcased exemplary CSR initiatives by leading corporations, PSUs, and foundations, highlighting projects that promote tribal entrepreneurship, education, healthcare, and environmental conservation.

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