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September 5, 2026
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Free trade agreement utilisation requires district-level exporter support, rules-of-origin assistance, standards compliance, and coordinated market-access outreach nationwide.
Free Trade Agreement utilisation is to be advanced through coordinated action by central and state governments, sectoral ministries, Export Promotion Councils, industry associations and local export-support institutions. Preferential treatment is assessed against tariff rates faced by competing countries, while export competitiveness depends on scale, quality, customer trust and timely delivery. The Export Promotion Mission supports export credit, digitised compliance and FTA documentation, including rules-of-origin certification. District-level identification of products, clusters, new exporters and practical constraints, supported by workshops and rapid online facilitation, is intended to deepen market access.
September 5, 2026
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Automotive localisation and export competitiveness are prioritised through global-standard manufacturing, technology partnerships, sustainable mobility, and government infrastructure support.
Automotive-sector localisation, export expansion and global-standard manufacturing are prioritised to strengthen India's role in global production and trade. Companies are urged to invest in technology, innovation, research and development, use domestic scale for overseas markets, and avoid supplying inferior products domestically. Trade agreements are positioned as channels for market access, technology absorption and exports. Greater indigenisation is encouraged through component localisation, technology collaborations and expanded exports, supported by critical minerals, batteries, indigenous energy sources, research funding, plug-and-play infrastructure and industrial ecosystems.
September 5, 2026
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Circular textile procurement integrates certification, product categories and seller support to expand government markets for recycled materials.
Memorandum of Understanding for circular textile procurement links certification, standardisation and public-market access for recycled and upcycled products made from textile waste, scrap and second-hand clothes. The Textiles Committee will identify, verify, certify and recognise eligible producers and support specifications, catalogues and capacity building. Government e Marketplace will create dedicated product categories, onboard sellers, facilitate online market linkages, promote products to government buyers, and provide training and handholding to recyclers and upcyclers.
September 5, 2026
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India-EU Free Trade Agreement promotes tariff reduction, market access, investment resilience, and India-Belgium industrial and skills cooperation.
India-EU Free Trade Agreement is presented as reducing or removing tariffs on more than 95 per cent of Indian and European goods exports while protecting sensitive sectors on both sides. It is intended to expand trade, investment and economic resilience, with the Port of Antwerp-Bruges serving as a major gateway for Indian exports into European markets. India-Belgium cooperation is identified in gems and jewellery, semiconductors, green hydrogen, advanced manufacturing, agriculture and food processing, supported by mutual recognition, workforce mobility, skills development and technology collaboration.
September 5, 2026
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MSME compliance capacity-building programme launches structured learning and workplace training to develop certified paraprofessional support.
Corporate Mitra Course has commenced to develop trained and certified paraprofessionals capable of providing affordable business and regulatory compliance support to Micro, Small and Medium Enterprises. The 12-month programme includes six months of structured academic learning and six months of on-the-job training in professional firms. Its digital learning system offers recorded lectures, reference materials, assessments and learner-support facilities. The programme aims to strengthen MSME formalisation, ease of doing business, trust, transparency, accountability and orderly growth.
September 5, 2026
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Audit quality advisory committee broadens expert input on assurance, technology, and stakeholder perspectives in oversight.
NFRA has constituted an Advisory Committee on Audit Quality, Assurance and Technology under Rules 15 and 16 of the National Financial Reporting Authority Rules, 2018. The Committee will provide expert inputs and suggestions on matters significantly affecting audit quality, while supporting functions relating to awareness of auditing and accounting standards. Its members represent professionals, chief financial officers, audit committees, independent directors, technology experts, regulators and industry.
September 4, 2026
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Money laundering allegations over fraudulent marriage-assistance disbursements prompted investigation into false credentials and ineligible beneficiary payments.
Alleged money laundering arose from fraudulent disbursement of marriage-assistance funds intended for daughters of registered construction workers. The allegations include approvals and releases for suspicious marriage cases, use of bank accounts opened or misused on false credentials, multiple cash withdrawals, and extension of benefits to ineligible persons. Investigation under the Prevention of Money Laundering Act followed an economic-offences FIR concerning suspected misuse of the welfare scheme.
September 4, 2026
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Money-laundering allegations: discharge plea attributes airline's financial collapse to macroeconomic conditions and denies loan siphoning through sales agents.
Money-laundering proceedings arising from alleged bank fraud concern claims that loans advanced to an airline were siphoned off. The discharge application attributes the airline's financial collapse to adverse macroeconomic conditions rather than fraudulent conduct or laundering, denies diversion through General Sales Agents, and maintains that related payments were board-approved and disclosed. It also contests the treatment of the bank's outstanding claim as funds received by the founder, while the investigating agency alleges systemic fraud, loan diversion and laundering.
September 4, 2026
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Foreign exchange market conditions supported rupee appreciation, while oil prices and geopolitical tensions limited potential gains.
Foreign exchange market conditions supported the rupee's appreciation by 8 paise to 94.43 against the US dollar, aided by positive domestic equity markets, improved risk appetite, foreign capital inflows and foreign institutional buying. Reserve Bank of India intervention was also cited as support. Elevated crude oil prices, safe-haven dollar demand and United States-Iran tensions were identified as factors limiting further gains. India's foreign exchange reserves increased to a new all-time high during the relevant reporting week.
September 4, 2026
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Offer-for-sale IPO clearance enables existing exchange shareholders to monetise holdings, while sale proceeds remain outside the exchange.
Regulatory clearance permits the National Stock Exchange to proceed with an initial public offering structured wholly as an offer for sale by existing shareholders. The proposed issue does not raise fresh capital, and sale proceeds will accrue to the selling shareholders rather than the exchange. Revised offer documents were required after addition of a selling shareholder, triggering a fresh public-feedback period. The offering follows settlement of co-location and dark-fibre matters and governance and compliance measures addressing regulatory concerns.
September 4, 2026
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Equity market resilience was tempered by profit booking, geopolitical tensions, global rate expectations and domestic liquidity.
Equity markets registered a recovery after four consecutive losing sessions, led by buying in metal, private banking, oil and gas, housing finance, telecommunication, insurance, commodities and financial services shares. The benchmark equity index closed higher, while the broader index recorded a modest gain after retreating from an intraday level above the psychological threshold during the newly introduced Closing Auction Session. Investor sentiment was supported by easing interest-rate concerns, strong earnings momentum, resilient economic growth and domestic demand, but was constrained by profit booking, geopolitical tensions and crude-oil price risks.
September 4, 2026
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Forex reserve management reflects rising foreign currency assets and gold holdings, alongside marginal declines in SDRs and IMF reserve position.
India's foreign exchange reserves increased to a fresh all-time high, supported principally by higher foreign currency assets and gold reserves. Reserve accumulation has continued after concessional foreign-exchange swap initiatives introduced amid local-currency depreciation. Foreign currency assets, expressed in United States dollar terms, also reflect valuation effects from movements in currencies such as the euro, pound and yen. Special drawing rights and the reserve position with the International Monetary Fund declined marginally.
September 4, 2026
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IPO regulatory clearance enables further public issue preparations, with existing shareholders proposing a complete offer for sale.
SEBI's final observations on the proposed initial public offering enable the National Stock Exchange to undertake further public-issue preparations, subject to applicable regulatory requirements. The proposed issue is structured entirely as an offer for sale, under which existing shareholders would divest a portion of their holdings rather than the exchange issuing new shares. The draft red herring prospectus contemplates sale of 14.89 crore shares, representing nearly 6 per cent of the exchange's stake.
September 4, 2026
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Personal security frameworks evolved from elite guards into intelligence-led protection systems, while VIP culture can distort their necessity.
Personal security evolved from elite guards into structured systems combining physical protection, intelligence, technology and specialised protocols. Prime Ministerial security in India was reorganised after the 1984 assassination of Prime Minister Indira Gandhi by her bodyguards. A commission recommended a single protective agency, leading to the formation of the Special Protection Group in 1985. Statutory parameters introduced in 1988 sought to rationalise and scientifically streamline protection arrangements. Advanced technology, training, intelligence and protocols do not eliminate personal-protection vulnerabilities, and security is characterised as a necessity rather than a status symbol.
September 4, 2026
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Rupee exchange-rate movement reflects foreign-currency deposit inflows, central-bank intervention, oil-price risks and changing market risk appetite.
Foreign-exchange liquidity measures, including a special central-bank programme for foreign-currency deposits, generated substantial inflows that supported the rupee. Inflows from foreign-currency deposits, overseas foreign-currency borrowings and external commercial borrowings strengthened market conditions. Rupee appreciation was also supported by foreign equity inflows and risk appetite, but remained vulnerable to higher crude-oil prices, US-Iran tensions, safe-haven demand for the US dollar and possible disruption to oil flows through the Strait of Hormuz.
September 3, 2026
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Trade agreement consultations safeguard farmer, worker, MSME and sectoral sensitivities while phased bilateral tariff negotiations continue.
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September 3, 2026
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Unauthorised toll collection apps allegedly generated fake receipts, concealed non-FASTag collections, and triggered a money-laundering investigation.
Unauthorised digital applications allegedly enabled toll collection from vehicles without FASTag stickers outside the official reporting system. Mobdata and Any were allegedly used to generate unauthorised or fake toll receipts, conceal collections from NHAI, and monitor such collections through dedicated portals. A PMLA investigation followed an FIR alleging fraudulent toll collection, with digital forensic material indicating use of the mechanism across around 100 toll plazas. Searches resulted in seizure of financial and digital records and freezing of bank accounts.
September 3, 2026
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Economic offence investigations: cross-border training strengthens officers' practical skills in investigation, prosecution, procedures, and handling complex financial crimes.
Capacity-building training under the Indian Technical and Economic Cooperation programme equipped officers from member countries with practical skills for investigating economic offences. It covered varied forms of financial and economic crime, cross-border impact, challenges in investigation and prosecution, standard operating procedures, and investigative best practices. The specialised law-enforcement engagement aims to strengthen international cooperation and investigative capacity in economic-offence matters.
September 3, 2026
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Unauthorised Aadhaar credential use triggers blacklisting and procurement debarment following alleged post-termination enrolment and update transactions.
Alleged unauthorised use of Aadhaar Registrar/EA Code credentials after termination of an operational engagement led the Delhi Construction and Other Workers Welfare Board to blacklist MDS Solution Pvt Ltd. UIDAI communication indicated that Aadhaar-related activity allegedly continued after cancellation through the Board's credentials. The Board lodged a police complaint, barred the firm from its tenders, procurement processes, empanelment and contract awards, and recommended consideration of action under applicable rules and policies.
September 3, 2026
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FCNR(B) deposits strengthen foreign-exchange liquidity and support rupee appreciation alongside foreign portfolio inflows into government securities.
Foreign-currency inflows through FCNR(B) deposits, overseas foreign-currency borrowings and external commercial borrowings strengthened foreign-exchange liquidity and supported appreciation of the rupee against the US dollar. Foreign portfolio investment in government securities was linked to the abolition of withholding tax and long-term capital gains tax on such investment. Currency-market conditions were also influenced by foreign institutional equity purchases, global risk appetite, crude-oil prices and geopolitical tensions.

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PM launches 2 agri schemes with over Rs 35k cr outlay; attacks Cong for 'neglecting' farm sector

October 11, 2025

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New Delhi, Oct 11 (PTI) Prime Minister Narendra Modi on Saturday launched two major agricultural schemes with an outlay of Rs 35,440 crore to boost pulses production and improve the farm sector growth in 100 low-performing districts, as he exhorted farmers to reduce the country's import dependence and increase exports.

Modi, in a special event at the Indian Agricultural Research Institute (IARI) Pusa campus here, launched a Rs 24,000-crore 'Pradhan Mantri Dhan Dhaanya Krishi Yojana' (PM-DDKY) and a Rs 11,440-crore 'Mission for Aatmanirbharta in Pulses'.

He also inaugurated projects valued at over Rs 5,450 crore in agriculture, animal husbandry, fisheries, and food processing sectors, and laid foundation stone for additional projects worth around Rs 815 crore.

During his 30-minute address, Modi attacked the Congress governments for not having any vision and strategy for the growth of the agriculture and allied sectors, which weakened the farm ecosystem.

Talking about the two new big schemes, the Prime Minister said that the Centre would invest over Rs 35,000 crore in PM-DDKY and pulses mission, which he said would change the "fate of crores of farmers".

The two schemes, already approved by the Cabinet, will be implemented from the upcoming rabi (winter) season till 2030-31.

Modi underscored that farmers have a critical role to play in realising the vision of a developed India (Viksit Bharat) by 2047.

"You (farmers) have made India self-reliant in foodgrains post-Independence. Now, you have a crucial role in making India a developed nation (Viksit Bharat). On one hand, we have to become self-reliant (in food), while on the other hand we should produce for the global market. Friends, we need to knock the doors of the international market," Modi said, urging farmers to focus on crops that have global demand.

"We have to reduce our imports and we should not fall behind in increasing exports," he said, adding that the two new schemes will play a major role in achieving these twin objectives.

Modi urged farmers to diversify beyond wheat and rice, focusing on pulses to ensure protein security. Despite being the world's largest pulses producer and consumer, India still depends on imports, he pointed out.

Under the pulses mission, Modi said the aim is to increase pulses acreage by 35 lakh hectares by 2030 to boost production and achieve self-reliance. The mission targets raising pulses output from the current 252.38 lakh tonne to 350 lakh tonne by 2030-31.

The PM-DDKY, modelled on the government's Aspirational Districts Programme, will target 100 low-performing agricultural districts and integrate 36 schemes from different ministries, he said.

The scheme will focus on enhancing productivity, promoting crop diversification, improving irrigation and storage facilities, and ensuring credit access.

Accusing previous Congress governments for neglecting the farm sector, Modi said the Opposition party lacked "vision" and strategy for the growth of this crucial sector.

The Prime Minister said it is important that the farm sector receive the government support, but he rued that previous governments left agriculture to fend for itself.

"There was no vision from the government side for agriculture. There was no strategy, Modi said, adding that the different government departments related to agri functioned independently.

Due to this approach, he said India's agricultural system was continuously weakening.

To achieve higher growth, Modi said it was necessary to bring reform in the agricultural system and the process began when his government took over in 2014.

Modi said he changed the "careless approach" of previous governments towards farming, and brought many reforms in the farm sector, from seeds to the marketplace. The Centre made efforts to increase investment in the farm sector.

He said the government has increased agriculture budget six times in the last 11 years.

Taking aim at the Opposition party, Modi said while the NDA government has given Rs 13 lakh crore subsidy on fertilisers in 10 years, of which Rs 3.75 lakh crore has been provided to farmers under PM-Kisan scheme, Rs 5 lakh crore subsidy was given in 10 years of the UPA government.

Most recently, GST rates on farm machineries and equipment have been reduced, he said, adding this has brought double savings to farmers as the prices of daily use items too have come down.

As a result, Modi said that in the last 11 years, India’s agricultural exports have nearly doubled. Foodgrain production has increased by about 90 million tonne, while fruit and vegetable production has grown by more than 64 MT. Under Pradhan Mantri Fasal Bima Yojana, insurance claims worth Rs 2 lakh crore have been disbursed to farmers, he said, and remarked this is not a small amount.

Over the past 11 years, more than 10,000 Farmer Producer Organizations (FPOs) have been formed to enhance farmer cooperation and market access.

Modi noted that this new agricultural initiative draws inspiration from the success of the Aspirational Districts Programme (ADP).

He reiterated that just like the ADP, the responsibilities for the successful implementation of PM-DDKY lie not only on the farmers but also on local government officials, particularly District Magistrate or Collector of each district.

The design of this scheme allows flexibility so that the planning can be tailored according to the specific needs of each district, he said.

During the event, Modi also interacted with farmers engaged in pulses cultivation who have benefitted from various government schemes aimed at establishing a value chain-based approach in agriculture, animal husbandry, and fisheries.

Agriculture Minister Shivraj Singh Chouhan and Fisheries, Animal Husbandry and Dairying Minister Rajiv Ranjan Singh were present at the event. PTI LUX MJH MJH ANU HVA HVA

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