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    August 5, 2026
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    Foreign exchange market movement strengthens as lower crude prices and monetary policy signals influence the rupee's direction.
    Foreign exchange market movement saw the rupee appreciate against the US dollar in early trading, supported by lower crude oil prices, a softer dollar index, domestic equity gains and net foreign institutional investment. Market attention centred on the Reserve Bank of India's monetary policy decision, with expectations of an unchanged benchmark repo rate. Policy communication on inflation and developments in Hormuz-related talks were identified as factors that could influence the rupee's direction.
    August 4, 2026
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    Dearness allowance arrears must be cleared promptly, while the government examines legal remedies and continues its structured liquidation plan.
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    August 4, 2026
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    August 4, 2026
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    Rupee exchange-rate movement gains support from capital inflows, while oil prices, dollar strength and monetary policy shape sentiment.
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    Fuel-price volatility mitigation will combine fiscal measures, consumer protection, energy security and fiscal sustainability during external energy shocks.
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    Foreign-exchange market conditions supported a modest early rupee gain, while importer demand and policy data remained key factors.
    Foreign-exchange market conditions supported a marginal early appreciation of the rupee against the US dollar, led by broad US-dollar weakness, improved risk sentiment, lower oil-price levels and foreign portfolio inflows. Importer demand for dollars moderated the movement. Market direction remained linked to the forthcoming monetary-policy decision and US economic data, while reported central-bank activity was described as helping smooth currency volatility. The US dollar index, crude-oil movements, global supply expectations and domestic equity-market activity were relevant exchange-rate influences.
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    Quality statistics drive statistical-system reform through administrative data, interoperable systems, stronger governance, and international cooperation for evidence-based policymaking.
    Quality statistics are advanced through modernised national statistical systems, administrative data, digital public infrastructure, and stronger data-governance and privacy standards. Cooperation among national statistical offices is intended to address data gaps through knowledge sharing, methodological harmonisation and statistical innovation. Discussions also emphasised digital dissemination, transformational statistical reforms, and the use of administrative data for timely, cost-effective and granular official statistics, supported by harmonised metadata, interoperable systems and institutional collaboration.
    August 4, 2026
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    Digital statistical modernisation strengthens survey quality, macroeconomic indicators, international standards alignment and infrastructure performance monitoring through standardised data systems.
    National statistical modernisation uses digital survey platforms with validation checks, AI-enabled support and multilingual interfaces, alongside short-duration surveys and administrative data to improve sampling and timely official statistics. Reforms include base revisions for Gross Domestic Product, Consumer Price Index and Index of Industrial Production; adoption of metadata, quality-assessment and classification standards; and alignment with international statistical principles and methodologies. Sustainable development indicators and infrastructure monitoring are supported through a national indicator framework, PAIMANA and a standardised performance dashboard.

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      Congress weakened anti-terror fight, must tell who prevented military response after 26/11: PM

      October 8, 2025

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      Navi Mumbai, Oct 8 (PTI) Prime Minister Narendra Modi on Wednesday asked the Congress to tell the nation who prevented India’s military response after the 26/11 Mumbai terror attacks linked to Pakistan, and accused the party of weakening the fight against terrorism when in power.

      He accused the Congress-led UPA government (2004-14) of weakening the fight against terror because of which the country has paid a heavy price.

      “A Congress leader, who has also been Union home minister, has said that a country prevented India's military retaliation post-26/11 Mumbai terror attacks in 2008. The party should clarify,” Modi said while addressing a gathering after inaugurating the first phase of the Navi Mumbai International Airport, Aqua Line of Mumbai metro and other projects.

      The PM emphasised Mumbai has always been the country's financial capital and a vibrant metropolis, making it vulnerable to terror strikes.

      "It is because of this feature of the city that terrorists targeted it in 2008. If a top Congress leader, who has been a Union minister, is to be believed, the then UPA government buckled under pressure of a foreign country against attacking Pakistan even though our defence forces were ready and the mood of the nation was to strike (the neighbouring country),'' the PM stated.

      He was apparently referring to former Union Home Minister P Chidambaram's remarks he personally favoured military retribution against Pakistan following the attacks but the UPA government decided to go by the foreign ministry's view to resort to diplomatic steps against Islamabad. Chidambaram noted world powers, including the US, wanted India to not start a war with Pakistan.

      Ten heavily armed terrorists from Pakistan created a three-day mayhem in Mumbai in November 2008, leaving 166 people, including US nationals, dead and over 300 injured.

      Furthering attacking the Congress, Modi said the Grand Old Party's weakness to resolutely fight terror strengthened the hands of terrorists and insisted the nation has the right to know who stopped India from going ahead with a military retaliation after the 26/11 attacks.

      ''The Congress had weakened the fight against terror and compromised on national security due to which India has had to pay a heavy price and suffer a huge loss of lives,'' he stated.

      In contrast, the PM maintained, today's India gives a befitting response to terror attacks and strikes by entering inside the home of enemies.

      “For us, nothing is more important than the safety and security of our nation and its citizens,” Modi asserted, referring to Operation Sindoor launched by Indian armed forces against terror hubs in Pakistan in May after the Pahalgam massacre.

      Without naming the Opposition Maha Vikas Aghadi (MVA), which was in power in Maharashtra from November 2019 to June 2022, Modi said the Mumbai region has got a second international airport after a long wait and added the earlier regime created hurdles in development because of rampant corruption.

      ''This (creating hurdles in development) is no less than committing a sin,'' he noted.

      ''Gati'' (speed) and 'pragati' (development) are hallmarks of a Viksit Bharat (developed India) where people's welfare is top most priority," he said, adding the country is going in that direction in the last 11 years of the BJP-led rule at the Centre.

      Be it Vande Bharat trains, expediting the bullet train project, building new highways, expressways tunnels, sea bridges or linking new cities, speed and development can be seen everywhere in the country, Modi said.

      The Navi Mumbai International Airport, with its shape of the lotus, provides a glimpse of viksit Bharat, the PM stated.

      "The airport is located on the land of Shivaji Maharaj. It is a symbol of culture and prosperity. Farmers and fisherfolk can now get access to global markets because of the airport," Modi said.

      The Prime Minister said in 2014, when he assumed office, there were 74 airports in the country, but their number has now gone up to more than 160.

      "India has become the third largest domestic aviation market in the world. With new aircraft orders, there is opportunity for more pilots, cabin crew, ground workers, repair maintenance. By the end of this decade, India will be a Maintenance, Repair and Overhaul (MRO) hub," he declared.

      Modi said with the new international airport and the underground metro corridor, the metropolis will become Asia's largest connectivity hub with seamless travel and connectivity due to the 'Mumbai One' app launched on Wednesday.

      Due to UDAN (Ude Desh ka Aam Naagrik) Yojana, lakhs of people have taken to the skies for the first time in the past decade, fulfilling their dreams, he said.

      The PM congratulated workers and engineers who constructed the 33.5-km-long underground metro (Line-3) by keeping heritage buildings secure.

      "It is a living example of how India is progressing," Modi added.

      The PM said Short Term Employability Programme (STEP) is important for the youth because they will get training in drones, robotics, EVs, solar energy and green hydrogen technology under the initiative.

      He recalled the contributions of local political stalwart and Peasants and Workers Party (PWP) leader late D B Patil, who toiled for welfare of farmers and whose name will be given to the Navi Mumbai International Airport.

      ''Loknete D B Patil was an inspiration for society," he added. PTI IAS MR VT RSY

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