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August 26, 2026
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Competition clearance for full coal-sector acquisition addresses limited Indian market links through metallurgical and thermal coal sales.
Competition approval covers Yancoal Australia Limited's acquisition of 100% equity interest and warrants in Kestrel Coal Group Pty Ltd. The target holds an 80% interest in the Kestrel Joint Venture, which operates a Queensland coal mine producing principally metallurgical coal and a smaller volume of thermal coal. Neither the acquirer nor the target has a physical presence in India. Their Indian nexus is limited to coal exports and the joint venture's sales of metallurgical coal into India.
August 25, 2026
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Customs classification of unassembled vehicle imports requires fresh hearing after reserved tax challenge was released without verdict.
The dispute concerns customs classification of imported unassembled vehicle parts. Customs authorities allege that parts imported in separate shipments should have been declared as completely knocked down (CKD) units, attracting the higher duty applicable to CKD imports, rather than as individual components subject to lower duty. The manufacturer contests the resulting customs demand. Proceedings have been released for fresh hearing before the regular indirect-tax writ bench, with status quo maintained for four weeks.
August 25, 2026
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Retaliatory tariffs on imported goods escalate trade measures, targeting key sectors while maintaining support for affected domestic businesses.
Canada has imposed retaliatory tariffs on United States-origin industrial and consumer goods following increased United States tariffs on Canadian goods. Effective 8 September, the measures apply at rates of 15%, 25% and 50% across more than 700 products, including steel, aluminium, appliances, dairy products, seafood, furniture, clothing, pulp and paper, and electronics. Existing countertariffs on automobiles remain in force. The measures seek to protect domestic businesses and reduce imports, supported by assistance for affected workers and businesses amid risks to integrated cross-border supply chains.
August 25, 2026
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Foreign-exchange market intervention and lower crude prices supported rupee appreciation, while USD/INR remained range-bound amid shifting dollar conditions.
Foreign-exchange market conditions supported rupee appreciation against the US dollar, driven by stronger domestic equity markets, a weaker US dollar and lower crude oil prices. The USD/INR pair remained broadly range-bound, with oil-price movements and Reserve Bank intervention identified as key near-term influences. The special USD-INR foreign-exchange swap facility for FCNR(B) deposits, overseas foreign-currency borrowings and external commercial borrowings mobilised substantial foreign-exchange inflows.
August 25, 2026
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Section 301 tariffs may have lower impact where major exports remain outside their scope amid resilient domestic demand.
Economic resilience is attributed to buoyant domestic demand, increased manufacturing and services activity, improving liquidity conditions, credit growth, investment activity and rebounding foreign capital inflows. Recovery in the southwest monsoon improved kharif sowing and reservoir storage, partly mitigating agricultural-sector risks. US Section 301 tariffs are expected to have a comparatively lower effect because major Indian exports to the United States, including smartphones, petroleum products and pharmaceuticals, remain outside their scope. Foreign direct investment improved with higher gross inflows, while outward foreign direct investment continued to decline.
August 25, 2026
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BIS certification exemptions may be structured for high-tech manufacturers to ensure timely equipment imports and support domestic manufacturing operations.
Mandatory Bureau of Indian Standards (BIS) certification requirements for equipment and components used by high-technology manufacturers may be addressed through a proposed exemption framework. Possible exemptions may be structured at the company, industry, product, project or bulk level to support timely availability of imported equipment, goods and services for manufacturing operations. The approach is directed at high-technology industries generally, particularly semiconductor and artificial intelligence sectors, while addressing delays associated with mandatory certification and complex procedures for specialised imported parts and equipment.
August 25, 2026
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Corporate social responsibility should prioritise measurable community outcomes, transparency, capable implementing agencies, and strategic integration with sustainability objectives.
Corporate social responsibility should prioritise measurable community outcomes rather than expenditure alone. Effective CSR depends on community-responsive design, capable implementing agencies, rigorous monitoring, social audits, and transparent use of technology and data. Public sector enterprises may use thematic priorities, convergence with government programmes, and institutional collaboration to replace isolated interventions with strategic CSR. CSR capacity building encompasses legal and regulatory frameworks, governance, project planning, impact assessment, reporting, ESG and the Social Stock Exchange.
August 25, 2026
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Regional rural bank performance highlights improved profitability, asset quality, priority-sector lending, financial inclusion, and digital banking expansion.
Regional Rural Banks achieved prescribed priority-sector lending targets and sub-targets, expanded financial inclusion through new Pradhan Mantri Jan Dhan Yojana accounts, and recorded improvement in profitability, asset quality, and credit-deposit ratio. Digital banking adoption is to be accelerated to improve operational efficiency, customer experience, and banking access in rural and remote areas. Sponsor Banks are expected to strengthen information-technology infrastructure and support increased area-specific credit flows and innovative lending.
August 25, 2026
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Ethanol-blended fuel policy faces calls for consumer-focused review amid sugar supply pressures and older-vehicle compatibility concerns.
Consumer-focused review of the ethanol-blended fuel policy is sought because higher ethanol diversion may affect domestic sugar availability and prices, potentially requiring sugar imports that could reduce claimed foreign-exchange savings from lower petroleum imports. The review should address ethanol and sugar production, domestic prices, imports, and consumer, environmental and economic concerns. Availability of lower-blend fuel alongside E20 is advocated for owners of older vehicles, with consumer choice between E10 and E20 supporting a comprehensive reassessment.
August 25, 2026
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Economic resilience remains supported by domestic demand, manufacturing, liquidity and capital inflows despite external trade and geopolitical risks.
Economic resilience is attributed to buoyant domestic demand, sustained manufacturing and services activity, and double-digit merchandise trade growth. Improved southwest monsoon conditions supported kharif sowing and partly reduced agricultural risks, although geopolitical frictions and fresh United States tariffs remained external risks. Supply-side pressures raised consumer price inflation, while stable core inflation indicated limited cost pass-through. Easing liquidity, credit growth, investment activity and rebounding foreign capital inflows supported financial and external-sector conditions.
August 25, 2026
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Sugar price controls combine raw sugar imports, stockholding limits, and export restrictions to curb retail inflation.
Sugar market intervention combines permitted imports of raw sugar, stockholding limits for dealers and bulk consumers, and an existing export ban to address sharp increases in retail and wholesale prices. Limits on inventories held by trade participants and large industrial consumers are intended to curb speculation and hoarding. Although ex-mill rates declined after the import decision and anti-hoarding measures, the reduction had not yet translated fully into retail prices. The measures seek to supplement domestic availability and restrain practices that may intensify consumer-price increases.
August 25, 2026
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Tariff escalation drives retaliatory planning, industry protection measures, supply-chain uncertainty, and proposed symbolic geographic renaming amid cross-border trade tensions.
United States-Canada trade tensions have intensified after tariffs were imposed on Canadian goods following unsuccessful bilateral talks. Canada is expected to pursue retaliatory measures, potentially using targeted action to protect workers and businesses rather than matching tariffs directly. Further tariff threats concern vehicles, auto parts and steel. Integrated cross-border supply chains in automotive, energy, agriculture and manufacturing face increased costs and consumer-price uncertainty. Consideration of renaming Lake Ontario as "Lake America" has also been linked to the escalating dispute.
August 25, 2026
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Central infrastructure monitoring through PAIMANA-PROJ tracks implementation progress, sectoral priorities, completed works, and integration of newly monitored projects.
PAIMANA-PROJ monitors Central Sector infrastructure projects costing Rs. 150 crore and above across 17 Ministries and Departments. As of July 2026, 1,775 projects with a revised cost of Rs. 37.11 lakh crore were under monitoring, with cumulative expenditure of Rs. 19.26 lakh crore. Transport and Logistics formed the largest monitored sector, followed by Energy. The portfolio included mega and major projects at varying physical and financial completion stages. PAIMANA-CRIP serves as the central infrastructure-project data repository, with most data updated through APIs.
August 25, 2026
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Plant growth regulator quality controls require farmer awareness, licensed sales, quarantine compliance, and protection against uncertified orchard inputs.
Plant Growth Regulator quality control seeks to protect farmers and orchardists from spurious products sold in the open market. Licensed pesticide and fungicide outlets receive application schedules, while farmer awareness is stressed due to purchases of cheaper PGRs that may not achieve expected results. Rootstock imports require quarantine clearance, and uncertified rootstock purchased from the market is associated with disease spread in orchards. Regulatory measures include direct departmental sale of branded chemicals, promotion of weather-based crop insurance, and demands concerning minimum support pricing and Market Intervention Scheme documentation.
August 25, 2026
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Anti-conversion compliance prompts voluntary prayer declarations, alongside food-safety oversight and enforcement against demolition, liquor, and cyber-fraud allegations.
Maharashtra's anti-conversion law has commenced, and churches across the Mumbai Metropolitan Region have sought written self-declarations confirming voluntary prayer attendance without pressure. Food-safety oversight requires cleaning of cricket association eateries before a further inspection. Enforcement matters include investigation into unauthorised shop demolitions allegedly involving misuse of a municipal corporation's name, arrests connected with spurious-liquor manufacture, and a cyber-fraud network allegedly using mule accounts to launder proceeds. A retired High Court judge has been appointed as Lokayukta.
August 25, 2026
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User development fee rationalisation reduces departure charges and links airport cost recovery to commissioned capital projects during the tariff cycle.
Airport tariff regulation for Hyderabad airport fixes reduced User Development Fee for departing domestic and international passengers from 1 September 2026 through 31 March 2031, with rationalised landing charges. The tariff determination applies the incremental Aggregate Revenue Requirement framework, linking airport-charge cost recovery to completion, commissioning and use of identified high-value capital expenditure projects. A variable tariff plan provides landing-charge incentives upon prescribed qualifying conditions, supporting traffic development and route expansion while requiring cost-reflective, transparent and non-discriminatory aeronautical tariffs.
August 25, 2026
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Rupee appreciation reflects weaker dollar, lower crude prices, positive equities, and foreign-exchange inflows through swap facilities.
Foreign-exchange market conditions supported the rupee's appreciation against the US dollar, driven by positive domestic equity markets, a weaker dollar, and declining crude-oil prices. The USD/INR pair remained within a narrow range, with oil-price movements and potential central-bank intervention identified as near-term determinants. A special USD-INR foreign-exchange swap facility covering FCNR(B) deposits, overseas foreign-currency borrowings and external commercial borrowings had mobilised foreign-exchange inflows relevant to currency liquidity.
August 25, 2026
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Energy supply diversification reshapes India's LPG, LNG and crude sourcing amid constrained Gulf availability and higher logistics costs.
India's energy-import sourcing has shifted towards supply diversification as disruption in the Strait of Hormuz constrained traditional Gulf supplies. United States cargoes have become particularly important for LPG and LNG, while procurement has also broadened to Atlantic Basin and other non-traditional suppliers. Diversification increases costs through longer voyages, higher freight, insurance expenses, tighter availability and higher commodity prices, reflecting a premium for supply security. Crude sourcing continues to rely principally on Russia, alongside resilient UAE flows and increased Venezuelan heavy crude imports.
August 25, 2026
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Intelligence-led enforcement against illicit trade requires coordinated data-sharing, risk profiling, digital accountability and disruption of organised supply networks.
Cross-border illicit trade enforcement should move beyond isolated seizures to intelligence-led disruption of organised criminal networks. Risk-based profiling, predictive analytics, container scanning and shipment-data analysis should support targeted action against misdeclaration, port-hopping, concealment and digital distribution. Right holders should share specific intelligence with customs targeting mechanisms, and goods entering Domestic Tariff Areas from warehousing and special economic zones require enhanced examination. Digital enforcement should trace suppliers, financial flows, data trails and small-parcel movements, supported by coordinated feedback between online marketplaces, police and customs.
August 25, 2026
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NRI banking account segregation aligns overseas earnings, domestic income, foreign-currency savings, remittances, and borrowing with cross-border commitments.
NRI banking arrangements require segregation of overseas earnings, India-sourced income, savings, remittances and expenditure after residential status changes. An NRE account holds overseas income remitted to India, with interest exempt from income tax in India. An NRO account is intended for Indian income, including rent, dividends and pension, while FCNR deposits retain funds in a chosen foreign currency. A structured arrangement can align these accounts with domestic obligations, overseas spending, remittances, investments and compliant digital banking access.

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Union Minister of Commerce and Industry Shri Piyush Goyal Highlights Transformative Impact of PM GatiShakti on India’s Infrastructure and Development Vision

October 13, 2025

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Shri Goyal Announced Public Access to PM GatiShakti Databases via Unified Geospatial Interface for Enhanced Planning and Decision-Making

Shri Goyal Opens PM GatiShakti National Master Plan Platform (PMGS-NMP) to Private Sector via Query-Based Analytics Mechanism

Shri Goyal Releases PM GatiShakti Compendium Volume-3 Highlighting Best Practices and Successful Use Cases

Shri Piyush Goyal Launches NMP Dashboard, Offshore Development Planning Platform, Real-Time Data Management System, District Master Plans for Aspirational Districts, and LEAPS 2025 for Logistics Excellence.

Union Minister of Commerce and Industry, Shri Piyush Goyal, during the commemoration of four years of the PM GatiShakti National Master Plan (NMP) in New Delhi today, highlighted the transformative impact of this path-breaking initiative launched four years ago on this very day.

Union Minister noted that PM GatiShakti brings both speed and strength, and that it is not an ordinary programme. PM GatiShakti has a very deep meaning, emerging from Prime Minister Narendra Modi’s vision and nearly two decades of serious reflection on how infrastructure projects can be better planned and implemented to serve the people of India. During his years as the head of government, the Prime Minister has been known for bringing innovative thinking into governance and has had a clear vision of making India a prosperous and developed nation, added the Minister. Shri Goyal emphasized that collectively, all stakeholders are committed to making India a developed country by 2047, with PM GatiShakti playing a critical role in that journey.

Shri Piyush Goyal launched and unveiled several key initiatives during the commemorative event to further strengthen India’s infrastructure planning and development ecosystem. He opened the PM GatiShakti National Master Plan (NMP) platform to the private sector through a Query-Based Analytics Mechanism developed by Bhaskaracharya National Institute for Space Applications and Geo-informatics (BISAG-N), enabling wider access to geospatial data and advanced analytics. He released the PM GatiShakti Compendium Volume-3, which highlights successful use cases and best practices, and launched the PMGS NMP Dashboard, a comprehensive multi-sector reporting system for monitoring progress and deriving actionable insights. Shri Goyal also introduced the Knowledge Management System (KMS) to promote cross-learning and knowledge sharing among Ministries, Departments, and States/UTs, and unveiled PM GatiShakti – Offshore, a dedicated digital platform for integrated planning and management of offshore development across multiple sectors. In addition, he launched the Data Uploading & Management System (DUMS) to enhance decentralized, real-time data ownership and accountability, rolled out the PMGS District Master Plan (DMP) for Aspirational Districts to strengthen data-driven local infrastructure development and holistic regional growth, and introduced the Logistics Excellence, Advancement and Performance Shield (LEAPS) 2025 to recognize outstanding leadership and innovation across logistics sectors.

Shri Piyush Goyal highlighted that when PM GatiShakti was launched, the Hon’ble Prime Minister had emphasized that with the resolve of Atmanirbhar Bharat, the foundation for the next 25 years of development was being laid. He stated that PM GatiShakti has emerged as a vital bridge between macro-level planning and micro-level implementation, serving as an effective tool that transcends sectors and institutions. He added that the initiative carries game-changing implications for national development, as it is no longer limited to planning road alignments or railway routes, but now facilitates far deeper integration in national planning and execution.

Shri Goyal further informed that the launch of the PM GatiShakti District Master Plan for 112 Aspirational Districts, now mapped within a single integrated database, will help address the holistic developmental needs of these regions. He said the initiative is designed to ensure that growth reaches the last person at the bottom of the pyramid, thereby promoting inclusive and sustainable development. The District Master Plan supports area-based planning across key sectors including health care, education, logistics, industrial development, environmental management, safety and security, mineral resource utilization, and renewable energy generation. He noted that PM GatiShakti marks a paradigm shift from piecemeal approaches to an integrated model of comprehensive area planning.

Shri Goyal highlighted that logistics costs have drastically reduced, particularly with improvements in last-mile connectivity. Previously, transportation of coal from mines to power plants involved multiple loading and unloading steps, leading to inefficiency, increased costs, and material losses. Streamlining last-mile connectivity at mines and power plants has dramatically lowered the cost of electricity and improved overall logistics efficiency. Across the country, ministries, states, and town planners benefit from PM GatiShakti, which has expanded into multiple areas over the past four years.

The Compendium (Volume-3) of Best Practices and Successful Use Cases was released today by the Union Minister. This compendium demonstrates the diverse initiatives and tangible impacts of PM GatiShakti on citizens’ lives.

The Minister highlighted that in the last budget, it was announced that the public would be granted access to the databases of PM GatiShakti. The Union Minister was pleased to note that Bhaskaracharya National Institute for Space Applications and Geo-informatics (BISAG-N) and the department have prepared themselves so that the public can start using the databases of PM GatiShakti through the Unified Geospatial Interface, enabling easier access and utilization of the data for planning and decision-making purposes, added the Minister.

The Union Minister highlighted that a comprehensive multi-sector reporting system has been launched to track how PM GatiShakti is impacting the development of various regions through the area-based planning approach now being adopted. The decentralized data sharing module ensures that information is accessible and emphasizes the importance of maintaining up-to-date databases. A proper dashboard will support planning and data dissemination to the public, enhancing transparency and facilitating evidence-based decision-making.

The Minister stated that a key focus of the initiative is to reach aspirational districts, ensuring that area-specific planning addresses local needs while lifting these regions out of infrastructure deficits. This effort represents a collective commitment from both state governments and the central government to foster inclusive development and equitable access to resources, added the Minister

Shri Goyal said that the launch of LEAPS, the Logistics Excellence, Advancement and Performance Shield, marks another milestone, recognizing the efforts of stakeholders in improving efficiency and effectiveness in logistics nationwide. The achievements of the past four years are remarkable, and there is a clear vision for PM GatiShakti to evolve into a larger initiative that transcends ministries, departments, states, and Union Territories, added the Union Minister.

The Minister highlighted that with expansions into ocean resource mapping, wind energy planning, offshore and underground cable routes, telecom and data networks, and even future undersea electricity transmission, the scope, scale, and impact of PM GatiShakti are undergoing a significant transformation. Shri Goyal added that the government is working to elevate this initiative beyond physical and social infrastructure to a platform that connects citizens, industries, and planners. In doing so, PM GatiShakti is becoming a central tool for national and human development, driving India toward greater heights and realizing the vision of a Viksit Bharat 2047, added Shri Goyal.

The Union Minister emphasized that PM GatiShakti is now evolving beyond physical infrastructure to social infrastructure, human development, industry engagement, and digital integration. The initiative has become a centerpiece of national development, promoting integrated, inclusive, and data-driven growth. It is now being applied to offshore resource mapping and exploration, including planning for wind energy, offshore and underground cables, optic cables for telecom and data, and future undersea electricity transmission. The scale, scope, and reach of PM GatiShakti are undergoing a massive transformation, with the government actively working to elevate it to the next level. This expansion aims to integrate physical and social infrastructure, increase citizen and industry engagement, and position PM GatiShakti as a strategic tool for human development and national progress, ultimately contributing to the vision of Viksit Bharat 2047, added the Minister.

Shri Piyush Goyal also emphasized that the initiative has brought about a paradigm shift in the way India plans and executes major infrastructure projects. By integrating data from multiple Ministries and States, the initiative has created an evidence-based decision-making tool. The Minister highlighted that the new initiatives launched, including the opening of the NMP platform to the private sector, the launch of the Knowledge Management System, and the unveiling of PM GatiShakti–Offshore, will further enhance data-driven planning, foster cross-sectoral collaboration, and accelerate integrated, sustainable development across the nation.

The event witnessed the participation of over 200 officials from Central Ministries, Departments, States/UTs, and industry associations. Union Minister of State for Commerce and Industry Shri Jitin Prasada and Minister of Public Works of Madhya Pradesh Shri Rakesh Singh also highlighted the evolution of PM GatiShakti at the event.

Key Achievements over the past four years:

  • The Network Planning Group (NPG) has evaluated over 300 major infrastructure projects using PM GatiShakti principles, including integrated planning, last-mile connectivity, intermodal linkages, enhanced logistics efficiency, and synchronized project implementation.
  • All 36 States/UTs have developed State Master Plan (SMP) portals aligned with the National Master Plan, helping streamline capital investment and accelerate project execution. Over 600 projects have been planned and mapped on the PM GatiShakti portal.
  • The initiative has expanded to Social and Economic Ministries, focusing on leveraging PM GatiShakti for socio-economic development. By identifying infrastructure gaps in schools, hospitals, and anganwadis, and developing planning tools to capture relevant data, the platform has enabled more effective planning in primary healthcare, education, postal services, and tribal development, ensuring that even remote and underserved areas benefit from India’s infrastructure growth.
  • Building on the National Master Plan, the PM GatiShakti District Master Plan (DMP) portal, developed with technical support from BISAG-N, facilitates collaborative district-level planning for 28 Aspirational Districts. By emphasizing cross-sectoral cooperation and leveraging emerging technologies such as AI and IoT, the portal enables integrated socio-economic planning. District-level workshops have trained stakeholders to use the platform for comprehensive development, including tourism planning in Bichom, West Kameng, and economic development planning in Kalinganagar, Odisha.
  • To build capacity and expertise, DPIIT has undertaken extensive training through iGOT courses, workshops, and interactive sessions, reaching over 20,000 officials. PM GatiShakti modules have been integrated into Central Training Institutes’ curricula, with around 250 interactive sessions conducted across Ministries, Departments, and States/UTs.
  • Reinforcing its commitment to capacity building, DPIIT has signed Memoranda of Understanding (MoUs) with GatiShakti Vishwavidyalaya and the Korea Transport Institute (KOTI) to foster skill development, cross-learning, and technical assistance in infrastructure and logistics planning.
  • International collaborations are underway with countries including Nepal, Bangladesh, Sri Lanka, Madagascar, Senegal, and Gambia, to promote the adoption of PM GatiShakti and geospatial technology in integrated infrastructure planning.
  • On this day last year, the PM GatiShakti Anubhuti Kendra (Experiential Centre) was inaugurated by the Hon’ble Prime Minister at ITPO, New Delhi. Featuring holographic displays, AR-VR experiences, and interactive simulations, the center has served as a hub for global visibility and public engagement with PM GatiShakti, welcoming international delegations, diplomats, government officials, students, and the general public.

Over the past four years, PM GatiShakti has transformed India’s infrastructure planning in India through innovative digital tools, integrated platforms, and multi-sectoral collaboration. With continued expansion and inclusion of new stakeholders, the initiative is set to accelerate India’s infrastructure vision, drive economic progress, and improve the quality of life for citizens. PM GatiShakti is not just building projects—it is shaping the future of India.

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