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    Flash Report on Central Sector Infrastructure Projects worth ₹150 crore and above
    HP minister warns orchardists against spurious PGRs sold in open market
    NEWS HIGHLIGHTS
    AERA cuts user development fee for domestic, int'l passengers at Hyderabad airport
    Rupee rises 24 paise to close at 95.46 against US dollar
    India pivots to US for LPG, LNG as West Asia crisis disrupts Gulf supplies
    Experts Call for Intelligence-Led Action to Break Cross-Border Illicit Trade Networks at ASIA Security Conference 2026
    How NRIs Can Structure Bank Accounts in India When They Have Both Indian and Overseas Financial Commitments
    Sugar ex-mill prices down 18 pc to Rs 55/kg after import move, curbs on hoarding: Food secretary
    SBI eyes USD 10 bln from NRIs, foreign investors ahead of RBI swap window closure
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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.
August 25, 2026
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Sugar import authorisation and anti-hoarding controls aim to moderate ex-mill prices amid adequate domestic stocks.
Raw sugar imports were permitted, while stock limits were imposed on bulk consumers. States were directed to strengthen inspections, and nationwide flying squads were deployed to identify hoarding and speculative conduct. These measures target sugar availability and distribution across wholesale and retail channels. Ex-mill prices declined following the measures, although wholesale and retail prices had not yet reflected the reduction.
August 25, 2026
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Foreign-currency swap window closure focuses non-resident deposit mobilisation, while ECB hedging support continues for public-sector borrowers.
RBI's concessional Foreign Currency Non-Resident Bank deposit swap window closes on August 31, replacing the previous September 30 cut-off. Separately, the special US dollar-rupee foreign-exchange swap window remains available until December 31, 2026, providing concessional currency-hedging support to public sector undertakings raising external commercial borrowings. SBI expects to mobilise predominantly through deposits from non-resident Indians and foreign investors, with external commercial borrowings also visible.
August 25, 2026
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Industrial power tariff revision applies only within the shared distribution area, while steel producers seek rollback and fuel supply support.
Industrial electricity tariff revision is proposed from 1 September for 33 KV and 11 KV consumers within the Damodar Valley Corporation command area. The increase is confined to the shared distribution-licence area, while a separate and higher tariff structure applies outside it. Steel and sponge-iron industry associations oppose the revision on the basis that it will raise energy costs and affect investment conditions. They seek withdrawal of the increase and request continuing supplies of high-grade coal and iron ore for sponge-iron production.
August 25, 2026
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Institutional capital facilitation prioritises repatriation, market access, regulatory predictability, and cross-border partnerships supporting technology-led long-term investment.
India-Japan investment engagement focuses on increasing long-term Japanese institutional capital flows through an enabling business environment, intellectual property protection, policy reforms and integration with global value chains. Facilitation measures include simpler profit repatriation processes, improved access to Indian capital markets, greater regulatory predictability and a seamless cross-border investment environment. GIFT City is explored as a gateway for international capital and Japan-India investment flows.
August 25, 2026
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Strategic investment partnership prioritises semiconductor manufacturing, resilient supply chains and advanced industrial collaboration between Indian and Japanese businesses.
India-Japan economic cooperation is directed toward deeper trade, investment, technology and business-to-business linkages, including economic security, supply-chain resilience, clean energy and innovation. Collaboration is focused on capital goods, machinery, automotive and advanced manufacturing, with stronger connections between Japanese enterprises and India's Tier-II and Tier-III suppliers, including Micro, Small and Medium Enterprises. Semiconductor manufacturing is identified as a significant investment area. The India-Japan Special Strategic and Global Partnership supports expanded engagement with manufacturing ecosystems, global value chains and resilient supply chains.
August 25, 2026
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Bilateral trade and investment cooperation advances through customs alignment, digital payment integration, market access discussions and investment treaty completion.
India-Cambodia trade and investment cooperation addressed trade diversification, market access, customs alignment, digital payments and investment facilitation. Discussions covered traditional medicine, e-governance, recognition of the Indian pharmacopeia, trade statistics, agricultural cooperation, banking and insurance. The parties agreed on an MoU on Customs Cooperation to promote uniform customs procedures and considered early completion and signature of the Bilateral Investment Treaty. UPI-KHQR payment integration, investment promotion, priority-sector cooperation and a private-sector feedback mechanism were also discussed.
August 25, 2026
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Voluntary pharmaceutical export compliance framework promotes legitimate trade while safeguarding controlled substances through information sharing and coordinated capacity building.
The Memorandum of Understanding creates a cooperative framework for legitimate pharmaceutical exports and safeguards against diversion of narcotic drugs, psychotropic substances and controlled precursors. A voluntary, non-binding code of conduct will recommend industry practices without imposing obligations beyond applicable law. Cooperation includes identifying export bottlenecks, streamlining procedures for compliant exporters, capacity-building programmes, lawful and confidential information sharing, and nomination of company contact persons to coordinate voluntary compliance measures.
August 25, 2026
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USD-INR forex swap facility accelerates foreign-currency mobilisation through non-resident deposits and institutional borrowing, strengthening India's external buffers.
USD-INR forex swap facility for FCNR(B) deposits, overseas foreign-currency borrowings and external commercial borrowings enabled banks to access foreign-currency funding through a special swap window. FCNR(B) deposits formed the principal component of the reported foreign-exchange inflows, reflecting participation by non-resident Indians. The FCNR(B) window was scheduled for early closure after the stated mobilisation objective was achieved ahead of schedule, and the inflows were presented as strengthening external buffers through long-term non-resident deposits and institutional funding.
August 25, 2026
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Foreign-exchange intervention moderated rupee depreciation as crude prices, importer dollar demand and geopolitical uncertainty sustained currency-market pressure.
Foreign-exchange conditions reflected a marginal weakening of the rupee against the US dollar, influenced by elevated crude-oil prices, importer demand for dollars, weaker Asian equities and geopolitical uncertainty. The currency remained within a narrow trading band, with RBI dollar sales described as moderating sharper depreciation. The RBI's special USD-INR forex swap facility for FCNR(B) deposits, Overseas Foreign Currency Borrowings and External Commercial Borrowings mobilised substantial foreign-exchange inflows, indicating support from non-resident Indian participants.
August 24, 2026
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Prior government sanction for public servants is contested as essential before money-laundering proceedings may validly proceed for official-duty acts.
Prior prosecution sanction is asserted to be a jurisdictional precondition for money-laundering proceedings against a public servant for acts connected with official duty. A former police officer challenges cognizance and process for want of sanction under the criminal procedure framework and the Maharashtra Police Act, relying on sanctions subsequently granted for co-accused public servants. The allegations concern collection of funds through the officer and their alleged laundering through an educational trust.
August 24, 2026
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Rupee exchange-rate movement gained marginal support from foreign equity inflows despite crude oil, importer demand and geopolitical pressures.
Rupee exchange-rate movement against the US dollar reflected a marginal appreciation, supported by foreign fund inflows into domestic equities. Trading remained within a narrow range amid pressures from higher crude oil prices, continuing importer demand, and geopolitical concerns. Market conditions also included a stronger dollar index, lower Brent crude futures, domestic equity declines, and net foreign institutional investment. Elevated oil prices and geopolitical uncertainty indicated a slight negative bias, while possible US dollar weakness could support the rupee.
August 24, 2026
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Retaliatory trade measures may target electricity, critical minerals and integrated automotive supply chains amid escalating cross-border tariff disputes.
Canada-United States trade relations involve escalating tariffs and contemplated reciprocal restrictions affecting goods, automotive production, electricity exports and critical-mineral supplies. Potential Canadian countermeasures include limiting or increasing the price of Ontario electricity exports and restricting supplies of critical minerals, with oil and potash also identified as possible leverage. The automotive sector faces particular exposure because Ontario production and supply chains are integrated with United States manufacturing. Negotiations also raised concern over limits on Canada's ability to conclude trade agreements with other countries without United States approval.

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Giridhar Pai Associates Celebrates Six Years of Innovative Pest Management Solutions

December 15, 2025

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Thane, Maharashtra – December 15, 2025 – Giridhar Pai Associates LLP (GPA), a prominent Asian distributor of non-toxic pest management products, proudly marks its sixth anniversary on January 10, 2026. Founded by industry veteran Giridhar Pai, GPA has established a strong foothold in the Asian pest management industry, focusing on sustainable solutions inspired by organic farming principles. A Visionary Journey After 25 years in corporate roles, including a pivotal tenure as a food safety manager and as the business head of India’s largest pest control company, Pest Control India Pvt. Ltd. (PCI), Giridhar Pai embarked on a mission to revolutionise structural pest management (performed inside buildings). Motivated by Masanobu Fukuoka’s renowned book, The One Straw Revolution, he sought to offer pesticide-free alternatives, leveraging his 25 years of experience and contacts in the food and pest control industries. His hands-on experience establishing Pestinct Pro Solutions Pvt. Ltd. in 2007 and growing it into India’s second-largest pest control company over about a decade stood him in good stead in nurturing and growing his own start-up between 2020 and 2026. In partnership with his wife, Padmakshi Pai, Giridhar launched GPA on January 10, 2020, to offer innovative pest management solutions free of chemical pesticides. Starting with a single global partnership, the firm has expanded its product portfolio to include products of seven international partners, serving markets across India and the rest of Asia. GPA operates as a self-funded micro-enterprise using a working capital loan from HDFC Bank and has made significant strides in the domestic market, pan-India, and export markets, with overseas customers in the Middle East, the Maldives, Sri Lanka, the Philippines, and Indonesia. Key Partnerships Fuelling Growth GPA’s first collaboration began in 2020 with Singapore’s Pestroniks Innovations Pte. Ltd. (Pestroniks Innovations), introducing their patented bio-visual enhancer (bio-VE+) technology through the FLYght trap range and the Aedes-X Smart Gravitrap. While FLYght Traps provide effective indoor fly monitoring, aesthetically and unobtrusively, Aedes-X is an outdoor trap that requires only a water top-up to control Aedes aegypti mosquitoes that cause chikungunya and dengue. GPA launched the FLYght One in 2020, the FLYght Duo in 2021, and the FLYght Deco in 2025, and established them as the only India-made UV LED Insect Light Traps, proudly made in India by its partner, Pestroniks Innovations. GPA is Pestroniks Innovations’ leading distributor and has contributed immensely to the design, development and marketing of its FLYght Trap range. FLYght traps are a highly sustainable fly monitoring solution that uses very low energy and feature UV LEDs that last 50,000 years (or more than 6 years). FLYght Traps are a radical replacement to conventional UV fluorescent tube insect light traps (that consume nearly five times the energy of FLYght Traps), require annual fluorescent tube replacement and generate hazardous waste containing mercury. FLYght Traps are glass-free and a perfect substitute for glass fluorescent UV tube containing insect light traps in the food industry, which mandates restrictions in the use of glass in food handling areas. The company’s growth trajectory continued in 2022 with a partnership with Denmark’s RodeXit N.A. ApS, offering India’s first custom-made rodent-proofing solution, the RodeXit All-In-One rodent seal (RodeXit). GPA made India the second country in the world to introduce RodeXit, after the United States of America. RodeXit remains India’s only custom-made rodent-proofing product to eliminate gaps below doors and shutters that mice and rats commonly use to enter buildings. RodeXit has become a revenue generator for Pest Control Operators (PCOs), who now offer rodent-proofing services to their customers. GPA has sold thousands of metres of RodeXit in India and other countries to widely enhance product adoption, far from its country of origin, Denmark. In 2023, GPA expanded its offerings by teaming up with Trece, Inc. (Trece), from the USA, and Fuji Flavours Company Ltd. (Fuji Flavours), from Japan, making their leading stored-product insect (SPI) monitoring tools available to Indian food companies. Pheromone traps are SPI monitoring tools that attract insects through odour and trap them in a sticky glue or oil-like substance. Trece’s Storgard Dome Traps and moth traps are globally the best and are now available with expert guidance on their use through GPA’s expertise. Fuji Flavours New Serrico Trap is a tool used to monitor cigarette beetles in the tobacco, food, and other industries. It has a four-decade legacy as the gold standard of cigarette beetle monitoring. SPI Pheromone traps detect and estimate target insect populations and help improve chemical pesticide application planning by highlighting hygiene deficiencies and areas of pest presence. They lead to lesser pesticide use and contribute to sustainable food industry supply chains. In export containers, pheromone traps are an accepted proof of absence of infestation when the customer receiving the containers finds no insects in the pheromone traps placed in the containers. Looking to the future, GPA collaborated with GIE Media Inc. (GIE Media), a U.S.-based company, in 2024 to distribute reputed pest management reference books across Asia. GIE Media owns the Pest Control Technology (PCT) Magazine and GPA markets GIE Media’s PCT Field Guides as reference books for the pest control industry. In 2025, GPA also launched the eleventh edition of GIE Media’s Mallis Handbook for Pest Control, considered the most important reference book in the pest control industry. More recently, in October 2025, GPA joined forces with Spain’s Barlesa, S.L., to introduce rodent-fill fabric containing steel and poly fibres, used as a rodent deterrent in building gaps. Complementing RodeXit, the rodent-fill fabric (branded Rodent Proof by GPA) provides another revenue-generating opportunity for PCOs to offer rodent-proofing services to building owners. GPA is the only marketer of two custom-made rodent-proofing products, RodeXit All-In-One rodent seal and Rodent Proof fill fabric in India. Another recent partnership with Purdue University (Purdue) in the United States reinforces GPA’s commitment to the continuing education of Asian pest management professionals (PMPs) by distributing the acclaimed Truman’s Scientific Guide to Pest Control Operations. The Truman’s Guide is a textbook for Purdue’s Integrated Pest Management (IPM) courses, the only one of its kind in the world that lets PMPs gain professional credentials remotely through online education. Through its partnership with Purdue, GPA has made the IPM course textbook easily accessible and affordable to Asian PMPs. Adaptable Business Model GPA has successfully implemented a hybrid distribution model that blends direct sales with reseller networks, enabling significant reach in India and across Asia. GPA’s resellers are pest control companies (also called Pest Control Operators or PCOs) that provide pest control services to food and other industries and need GPA’s pest prevention and pest monitoring tools. GPA’s products help its PCO resellers cross-sell to their pest control service customers, generate additional revenue, and reduce operational costs by enabling more effective pest management. GPA emphasises a lean operational approach, outsourcing logistics and operational functions to enhance efficiency while minimising overhead costs. With reliable partners such as DTDC and Indiafilings, GPA ensures timely deliveries through DTDC and compliance with Indian regulations through Indiafilings. GPA’s digital marketing strategy, including a robust website and engaging social media presence aided by Webchirpy (Vheeds Technology Solutions Pvt. Ltd.), has positioned GPA as a thought leader in the pest management domain. A Bright Future Ahead As GPA celebrates six remarkable years, Giridhar Pai envisions an even wider adoption of non-toxic pest monitoring and prevention solutions within the pest control and food industries. The company is set to explore innovative bird-deterrence solutions to address a significant industry challenge. Like its other innovative products, GPA shall launch innovative auditory, visual, and electromagnetic deterrents against pest birds, a major menace across India, for numerous customer segments. Through strategic partnerships and a commitment to sustainability, Giridhar Pai Associates is poised to become the leading distributor of pest management solutions in Asia, reinforcing its non-toxic approach. www.giridharpaiassociates.com https://www.youtube.com/@GiridharPaiAssociatesLLP https://www.linkedin.com/company/giridhar-pai-associates-llp/ [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

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