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    Markets climb in early trade on falling crude oil prices; RBI monetary policy decision awaited
    Rupee jumps 39 paise to 94.89 against US dollar ahead of RBI monetary policy decision
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    ED searches multiple locations in Punjab, Chandigarh in PMLA case against PSIEC officials
    Rupee gains 9 paise against US dollar
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    Currently nine trade disputes pending against India under WTO rules: Govt
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    Rupee opens on flat note, rises 3 paise to 95.34 against US dollar in early trade
    Meeting of Heads of National Statistical Offices of BRICS Countries “Quality Statistics as Driver of Change”
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    August 5, 2026
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    Monetary policy expectations shape equity sentiment as softer crude prices and foreign investment support domestic financial assets.
    Equity market sentiment improved in early trading as lower crude oil prices and foreign fund inflows supported benchmark indices, while investors awaited the monetary policy decision. Softer crude prices, rupee recovery, improving global risk sentiment, resilient economic growth, corporate earnings and sustained foreign portfolio investment supported domestic financial assets, despite continuing global and geopolitical uncertainties.
    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.
    Pending dearness allowance arrears of government employees and pensioners are to be cleared within a fortnight, with restraint on unproductive expenditure until admissible dues are paid. The government states that it will pay constitutionally and legally valid dues while examining the judgment, precedents and possible legal remedies. It attributes the arrears to delayed pay commission implementation and frozen dearness allowance, and states that a structured liquidation plan has been prepared and partly implemented.
    August 4, 2026
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    Money-laundering investigation examines alleged fraudulent industrial plot allotments, benami holdings and diversion of plots to residential use.
    A money-laundering investigation under the Prevention of Money Laundering Act examines alleged irregularities in industrial-plot allotments involving corporation officials, private persons, property dealers and alleged benamidars. The inquiry concerns alleged use of fictitious firms and false addresses to obtain plots, allotments to relatives and associates, and alleged diversion or change of land use from industrial to residential purposes. These activities are alleged to have generated private gains while causing loss to the public exchequer.
    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.
    Rupee exchange-rate movement was supported by foreign capital inflows and improved global risk sentiment, while elevated crude-oil prices and a stronger US dollar constrained gains. Market attention shifted to monetary policy, overseas dollar-deposit incentives and easier foreign access to government bonds, which were reported to support capital inflows and India's external position. A cautious approach to the benchmark repo rate was expected amid assessment of the West Asia conflict.
    August 4, 2026
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    Interim bilateral trade agreement negotiations continue as both sides work to finalise unresolved issues in the proposed arrangement.
    Interim bilateral trade agreement negotiations between India and the United States are continuing. Both sides have undertaken substantial work, while certain issues remain to be finalised before completion of the proposed interim trade arrangement. A United States Trade Representative delegation visited India to advance discussions. The text records the status of negotiations and identifies no concluded agreement or operative customs measure.
    August 4, 2026
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    Fuel-price volatility mitigation will combine fiscal measures, consumer protection, energy security and fiscal sustainability during external energy shocks.
    Fuel-price volatility is to be mitigated through fiscal and administrative measures that protect consumers while maintaining fiscal sustainability. The approach includes monitoring revenue and expenditure, reprioritising spending, and using fiscal measures when economic conditions require. Reduced central excise duty on petrol and diesel moderated the impact of elevated international crude prices and partly offset under-recoveries of public-sector oil marketing companies. Longer-term measures include revenue mobilisation, import diversification, Strategic Petroleum Reserves, cleaner fuels and energy efficiency.
    August 4, 2026
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    Tax policy certainty reforms propose easier fund management, data-centre access, electronics incentives and revised electronic-payment charging rules.
    The proposed Bill seeks to simplify conditions for foreign investment funds using fund managers in India without being treated as carrying on business in India, while retaining safeguards against misuse and round-tripping. It proposes removal of approval requirements for foreign cloud companies using Indian data centres and permits leased operation of Indian data centres. It also extends tax support for foreign companies participating in electronics contract manufacturing and component warehousing, preserves tax-free dividends for REIT and InvIT investors in specified circumstances, and removes the prohibition on Merchant Discount Rate charges for notified electronic payment modes.
    August 4, 2026
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    Responsible precious-metals recycling supports recycled-gold products, organised buyback channels and a more self-reliant domestic supply chain.
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    August 4, 2026
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    Broad-based growth strategy links tax reforms, trade resilience, industrial support and services development to medium-term economic expansion.
    The growth strategy combines agricultural productivity, manufacturing, MSME support, infrastructure, logistics, ease of doing business, streamlined income-tax and GST reforms, innovation, digitalisation, human-capital development, energy security, public capital expenditure, foreign direct investment liberalisation, export promotion, fiscal prudence and price stability. Trade resilience is to be strengthened through expanded trade agreements, while manufacturing, services, agriculture and strategic sectors receive targeted policy support. The material also reports secured-asset enforcement cases and recoveries by banks under the SARFAESI framework during FY25.
    August 4, 2026
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    Co-operative bank governance and financial disclosure support digital transformation, risk management, priority-sector lending and sustainable member-focused growth.
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    August 4, 2026
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    The rupee weakened against the US dollar amid elevated crude oil prices, weaker domestic equities and a stronger dollar index, while foreign fund inflows moderated the decline. Attention shifted to the central bank's monetary policy meeting, with continuation of the existing benchmark policy rate anticipated. Earlier measures encouraging overseas dollar deposits and facilitating foreign participation in government bonds were reported to support capital inflows and India's external position.
    August 4, 2026
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    MSME credit expansion combines SIDBI lending initiatives with guaranteed additional working-capital facilities for eligible borrowers.
    MSME credit access is being expanded through SIDBI's branch network, direct lending, refinance support, co-lending arrangements, affordable credit for informal micro-entrepreneurs, and invoice-based digital credit for micro enterprises. Emergency Credit Line Guarantee Scheme 5.0 enables eligible MSMEs to obtain additional credit linked to peak fund-based working-capital outstanding, with full guarantee coverage for member lending institutions against defaults on the additional facility. The scheme also covers scheduled passenger airlines under distinct eligibility and guarantee parameters.
    August 4, 2026
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    Furniture and interiors sourcing platform connects Indian manufacturers with domestic and international trade buyers through direct procurement opportunities.
    imm india 2026 is presented as a business-to-business sourcing platform linking Indian furniture, home de cor, rug, carpet, mattress and handicraft manufacturers with domestic and international trade buyers. It is intended to provide direct manufacturer access, design-led sourcing and project-scale procurement opportunities for architects, designers, retailers, hospitality professionals and real estate developers. The programme includes a hosted buyer initiative, industry conferences, knowledge sessions and awards addressing innovation, sustainability, craftsmanship and design.
    August 4, 2026
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    Financial literacy Olympiad builds students' practical understanding of mutual funds, financial planning, market concepts and responsible investment participation.
    Financial literacy and investment awareness are promoted through a nationwide, multi-level educational competition for undergraduate and postgraduate students. Participants are assessed on mutual funds, investment fundamentals, financial planning, market concepts and long-term wealth creation, with exposure to market-linked products including ETFs, portfolio management services, alternative investment funds and specialised investment funds. The initiative combines academic institutions and financial-sector participants to improve practical investment knowledge, informed decision-making and responsible participation in investment markets.
    August 4, 2026
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    WTO dispute settlement challenges test India's safeguards, agricultural support, technology tariffs and production-linked incentives across pending proceedings.
    Nine pending WTO disputes against India concern safeguard measures, sugar support and export schemes, information and communications technology tariffs, and technology-sector incentives. India contests the claims as consistent with its WTO rights and obligations. Appeals concerning iron and steel safeguards, sugar measures, and certain information and communications technology tariff reports remain pending, including because the WTO Appellate Body is non-functional. Other proceedings concern Chinese challenges to production-linked incentives, tariffs, and solar, automotive, renewable-energy and information-technology measures; one panel proceeding is ongoing and another panel has not been constituted.
    August 4, 2026
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    Digital business law and entrepreneurship education combine management, compliance and innovation training for technology-driven enterprise careers and ventures.
    The MBA programme integrates management education, entrepreneurial capability, digital business law, and legal and policy awareness for technology-driven enterprise. It addresses compliance, digital platforms, data-driven decision-making, artificial intelligence, digital transactions, intellectual property, cross-border commerce and evolving regulatory frameworks. The programme is designed for prospective founders, start-up professionals, transforming family businesses and careers in consulting, strategy, business development, policy-oriented enterprises and digital commerce, with industry-relevant entrepreneurship education and digital-first learning.
    August 4, 2026
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    Savings account access expands through video KYC, mobile banking, no-minimum-balance options, monthly interest payments and deposit insurance coverage.
    Savings accounts provide monthly interest payments, liquidity and access to funds, subject to eligibility, internal policies and applicable terms. Digital account opening through Video KYC is available for an account with no minimum balance requirement, supported by mobile banking for UPI transfers, bill payments and balance monitoring. Account variants include premium, value-oriented, agricultural, financial-inclusion, children's and basic no-frills accounts. Deposit insurance applies up to the prescribed limit per depositor per bank.
    August 4, 2026
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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.
    August 4, 2026
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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.

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      Indian Cement Review Leads Decarbonisation Dialogue at Cement Expo 2025 in Delhi

      November 11, 2025

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      • Piyush Goyal, Union Minister of Commerce & Industry, Sudhanshu Pandey, Election Commissioner (UTs), Sagar Kadu, Director – Logistics Division, Ministry of Commerce and Industry, Government of India, Sanjay Bhatia, Upalokayukta, Govt of Maharashtra, Chairman of MultiLogistix Committee to address the gathering of the industry. • Over 100 exhibitors and 5,000+ business visitors are expected at Cement Expo 2025, including CXOs, plant heads, technology leaders, procurement heads, government officials, and major contractors and developers.

      • MultiLogistix Conference & Awards 2025 – co-located with Cement Expo - is expected to attract logistics and supply chain leaders from diverse industries and key government bodies.

      New Delhi: As World Leaders converge for COP 30 in Brazil, India’s cement sector, responsible for nearly 8 per cent of national CO₂ emissions, faces a critical challenge—ramping up production from 445 million tonnes in 2024 to 670 million tonnes by 2030 while sharply reducing environmental impact. To catalyse this transition, the 15th Cement Expo will be held on November 12–13, 2025 at Yashobhoomi, Dwarka (Delhi), convening industry leaders to foster innovation, collaboration, and actionable strategies for low-carbon growth.

      The Expo will be co-located with the 11th Indian Cement Review (ICR) Conference and the 9th Indian Cement Review Awards. The event is organised by the FIRST Construction Council and Indian Cement Review, India’s oldest and most widely respected cement magazine, now in its 40th year.

      MultiLogistix Conference & Awards 2025 – the premier event dedicated to India’s logistics and supply chain industry that will be co-located along with Cement Expo at Yashobhoomi - will bring together who’s who of India’s logistics and supply chain sector, which is undergoing a significant transformation, fuelled by large-scale infrastructure investments, policy reforms, and increasing formalisation.

      The Cement Expo 2025 edition is supported by the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Heavy Industries, Global Cement and Concrete Association (GCCA), Cement Manufacturers Association (CMA), Building Materials and Technology Promotion Council (BMTPC), Government e-Marketplace (GeM), Telangana Chambers of Commerce & Industry (TCCI), and Indian Institute of Materials Management (IIMM).

      The government’s 2025–26 Budget has allocated ₹11.21 trillion in capital expenditure — a 10 per cent increase over the previous year — signalling strong infrastructure and housing demand. While this expansion will boost cement consumption, rising sustainability requirements across user industries will intensify pressure on the cement ecosystem to decarbonise rapidly. With the theme “Collaborating for Decarbonising the Cement Industry”, the Expo and Conference will convene cement manufacturers, policymakers, technology providers, logistics partners, and end-users to chart India’s path to low-carbon cement production.

      “As the world’s second-largest cement producer, India generates roughly 0.6–0.9 tonnes of CO₂ per tonne of cement. The industry stands at a defining moment where decarbonisation is both an environmental duty and a strategic necessity for global competitiveness. Cement Expo 2025 aims to build the collaborative momentum needed to shape a greener, more responsible future for the sector,” said Pratap Padode, Founder & President, FIRST Construction Council.

      Some of the key Guest of Honour speakers for the event will be: • K. Ramakrishna – MD, KCP Cement • Manoj Rustagi – Chief Sustainability Officer, JSW Cement • Ajay Sarogi – CFO, JK Cement • Arun Shukla – President & Director, JK Lakshmi Cement • Naveen Kumar Sharma – Udaipur Cement Works • Sh. R. Krishnakumar – CEO & MD, Shree Digvijay Cement • Dr. Shailendra Chouksey – Former Director, JK Lakshmi Cement & Past President, CMA • Madhavkrishna Singhania – Joint MD, JK Cement • Dharmender Tuteja – CFO, Dalmia Bharat • Ashok Dembla – President & MD, KHD Humboldt Wedag • Dr. Raju Goyal – Executive President, UltraTech Cement • Saurabh Palsania – Jt. President, Strategic Sourcing, Shree Cement Ltd Other Eminent Speakers: • Dr V. Ramachandra – President, Indian Concrete Institute & Technical Advisor, UltraTech Cement Ltd • Kaustubh Phadke – India Head, Global Cement and Concrete Association (GCCA) • Dr B. N. Mohapatra – Advisor & Consultant, UltraTech Cement • Ulhas Parlikar – Global Consultant (Circular Economy, Policy Advocacy & Waste Management), formerly with ACC Ltd • Dr. Manoranjan Parida – Director, CSIR-CRRI • Ashwani Pahuja – CMD, NextCem Consulting • Vimal Kumar Jain – Technical Director, HeidelbergCement India Ltd • KN Rao – Corporate Head EHS, AFR Energy Sustainability, My Home Industries • Dr Shailesh Kumar Agrawal – Executive Director, BMTPC…and many more industry stalwarts.

      More than 30 industry leaders will share strategies and innovations shaping the future of sustainable cement manufacturing – from green technologies and energy efficiency to circular economy practices and digital transformation. The winners of the 9th Indian Cement Review (ICR) Awards - which are given for the fastest growing cement companies and stalwarts (under "Person of the Year" and "Lifetime Achievement” categories) for their contribution in the cement industry - will also be felicitated at the Cement Expo 2025.

      The event will see the participation of cement majors like Ultratech, JSW Cement, Star Cement, JK Cement, JK Lakshmi Cement, Nuvoco Vistas, HeidelbergCement, Shree Digvijay Cement, Sagar Cement, etc.

      Over 100 exhibitors and 5,000+ business visitors are expected, including CXOs, plant heads, technology leaders, procurement heads, government officials, and major contractors and developers.

      Some of the companies sponsoring Cement Expo 2025 include PhillipCapital India, TIDC India (Shanthi Gears), SS Gas Lab Asia, Flender Drives, Fuller Technologies, Nanolike, CG Power & Industrial Solutions, TKIL Industries, Star Cement, Humboldt Wedag India, Loesche India, ATS Conveyors India, HPCL, CEMENGAL, ROCKWOOL, Thermo Fisher Scientific India, VE Commercial Vehicles, among others. Exhibitors such as Taiheiyo Engineering Corporation, (TEC) Japan, Cemengal, Fuller Technologies (Formely FLSmidth), Shanthi Gears, HPCL, Nanolike, VE Commercials etc, will be showcasing their latest technologies at the Expo.

      India’s logistics sector - valued at $215 billion in 2021 - is expected to expand to $591 billion by FY27. Against this backdrop, MultiLogistix Conference & Awards 2025 will explore the full spectrum of logistics activities—from ports, rail, and road to air cargo, warehousing, material handling technologies, cold chain systems, EV logistics, and digital supply chain innovations. With more than 25 speakers and over 10 industry awards, the event will unite stakeholders to discuss the future course of the industry.

      The MultiLogistix Conference 2025 is supported by National Highways Logistics Management Limited (NHLML), The Chartered Institute of Logistics & Transport India (CILT India), Indian Maritime Centre (IMC), Invest India, All India Transporters Welfare Association (AITWA), and The Air Cargo Agents Association of India (ACAAI)—reflecting the strategic importance of infrastructure, policy coherence, and professional excellence.

      Speakers from NHLML, Kolkata Port Trust, Indian Ports Rail & Ropeway Corporation (IPRCL), transport departments, state governments, PwC, CILT India, GRIHA Council, and leading logistics companies are expected to participate. Delegates will benefit from seminars, panel discussions, and workshops focused on the latest trends, innovations, and market developments in logistics, supply chain management, and transportation.

      Participate in the MultiLogistix Conference & Awards 2025 to witness the future of logistics, warehousing, and supply chain innovation.

      To attend the Indian Cement Review Conference & Awards 2025 as a delegate, contact Mr Siraj Khan on +91 97695 77206 or [email protected] For exhibition & sponsorship related enquiry about Cement Expo 2025, contact Mr Sujoy Gomes on +91 86577 95881 or [email protected] (Disclaimer: The above press release comes to you under an arrangement with NRDPL and PTI takes no editorial responsibility for the same.). PTI PWR

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