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    NATIONAL ACCOUNTS STATISTICS - 2026 PUBLICATION
    Commerce Secretary Shri Rajesh Agrawal Co-Chairs India-Brazil 8th Trade Monitoring Mechanism Meeting
    NPCI International and Uzbekistan’s NIPC Partner to Enable UPI Payments Across Uzbekistan via UZQR
    Flymore Aviation Expands Access to Aviation Education Through Affordable Mobile Learning App
    Rajnath to review performances of 16 defence PSUs with focus on indigenous tech, innovation
    SC dismisses SBI's plea challenging NCLAT order on PF, gratuity dues to ex-Jet Airways staffers
    Rupee rises 26 paise to close at 95.17 against US dollar
    India Has Solved Financial Access. Has It Solved Financial Confidence?
    Hyundai Capital Officially Launches Financial Services Operations in India
    Pinarayi Vijayan slams NCLT order on Subhash Chandra repayment plan
    Rupee falls 13 paise to 95.56 against US dollar in early trade
    CBN seizes 66.80 lakh psychotropic tablets in major inter-state pharmaceutical diversion case under Operation Vajra 2.0; one arrested
    DRI seizes around 18 Kg Amphetamine and MDMA in two operations as it intensifies crackdown on synthetic drugs; Four persons arrested
    India–Chile CEPA Negotiations Advance; Commerce Secretary Shri Rajesh Agrawal Meets Chilean Vice-Minister Paula Estévez Weinstein
    Sugar prices remain firm across India despite govt measures to check rise
    Keralam MVD to introduce Aadhaar OTP verification for 60 more services from Sept 21
    Dissenting creditors alleged family-linked entities cast 61.78 pc votes that cleared Chandra's insolvency plan
    Over 2.63L appear in NEET-PG; re-test announced for candidates at 2 Jaipur centres
    Delhi Lakshmi Yojana RD maturity set for July 2029, year of next Lok Sabha polls
    India emerges as key petrol supplier to Russia as refinery attacks disrupt fuel supplies
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August 31, 2026
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National accounts revisions align GDP and sectoral estimates with updated price, production and banking service indicators.
National Accounts Statistics-2026 incorporates updated Producer Price Index, Index of Industrial Production and Banking Services Price Index series with base year 2022-23 into annual and quarterly GDP estimates. The revised indicators expand coverage, update weights and improve price mapping for national-account activities. GDP and gross value added estimates from 2022-23 onwards are revised at current and constant prices, with sector-specific effects in mining and quarrying, manufacturing, trade services, general government and departmental enterprises. Supply and Use Tables for 2022-23 and 2023-24 are also updated.
August 31, 2026
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Trade facilitation and pharmaceutical market access advance through regulatory cooperation, preferential trade modernisation, and reciprocal agricultural access.
India and Brazil are advancing bilateral trade, investment and economic cooperation through a diversified partnership focused on pharmaceuticals, chemicals, engineering goods and machinery. India-MERCOSUR engagement is being pursued through early finalisation of Terms of Reference for expansion and modernisation of the Preferential Trade Agreement. Pharmaceutical market access is supported by regulatory cooperation under the CDSCO-ANVISA MoU. Agricultural trade facilitation includes phytosanitary processes, reciprocal market access work and mutual recognition of Electronic Certificates of Origin, alongside multilateral coordination through BRICS, the G20 and the WTO.
August 31, 2026
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Cross-border UPI merchant acceptance enables Indian travellers to make UZQR payments at merchants throughout Uzbekistan.
Cross-border UPI merchant acceptance in Uzbekistan allows Indian travellers to make instant person-to-merchant payments through UPI-enabled applications by scanning the interoperable UZQR code. Integration with the Unified National QR infrastructure extends acceptance across retail, hospitality and service merchants. Regulatory approvals support HUMO's role as NIPL's authorised partner for cross-border merchant acceptance, reducing reliance on international cards and cash.
August 31, 2026
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Mobile-first aviation education supports accessible, self-paced certification-led learning and career awareness across aviation roles and geographic locations.
Flymore Aviation LLP operates a mobile-first aviation learning platform intended to make specialised aviation education more accessible and affordable for aspiring pilots, cabin crew and other aviation-sector professionals. The app provides structured, self-paced aviation courses aimed at building industry knowledge, supporting certification-led skill development, improving career awareness and assisting employment readiness across aviation functions. Course delivery through a digital platform is positioned as an alternative to location-dependent and high-cost classroom training.
August 31, 2026
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Indigenous defence technology and exports anchor the annual performance review of public sector defence enterprises.
Annual performance review of 16 Defence Public Sector Undertakings is scheduled with emphasis on indigenous technology, innovation, self-reliance and enhancement of defence exports. Chairpersons and managing directors of seven specified undertakings will present dividends attributable to the Government's equity shareholding. Publications cover self-reliance, student awareness of defence technologies, and modernisation and indigenisation roadmaps. Reported performance includes growth in turnover, profit after tax and defence exports.
August 31, 2026
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Employee provident fund and gratuity dues remain protected outside the liquidation estate despite competing financial creditor claims in insolvency proceedings.
Employee provident fund and gratuity dues of former Jet Airways workmen and employees were required to be paid in full by the liquidator. The NCLAT position upheld treats statutory employee dues relating to provident fund, gratuity and pension funds as outside the liquidation estate, protecting them from competing creditor claims. Financial creditors had argued that such dues should be distributed through the liquidation estate unless dedicated funds existed at the commencement of liquidation. The underlying questions of law remain open for an appropriate case.
August 31, 2026
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Rupee exchange-rate support amid dollar strength and oil risks as foreign-currency deposit flows bolster market sentiment.
Foreign-exchange market conditions saw the rupee recover from early losses amid possible Reserve Bank of India intervention to contain significant depreciation. Higher US Treasury yields, a broader dollar rally, rising crude oil prices and geopolitical supply risks pressured the currency. The special USD-INR forex swap facility for FCNR(B) deposits, Overseas Foreign Currency Borrowings and External Commercial Borrowings mobilised foreign-exchange inflows supported by non-resident Indian participation, strengthening market sentiment.
August 31, 2026
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Financial confidence gaps persist when opaque financial journeys, dark patterns and unclear communication deter informed consumer participation.
Financial-service digitisation may expand access without ensuring consumer confidence where customers cannot understand processes, assess risks or feel secure in financial decisions. Opaque claims, redemptions, eligibility criteria and approval stages can weaken trust and discourage insurance, investment and credit participation. Hidden charges, complex documentation, forced bundling and target-driven sales practices may further impair informed choice. Greater transparency, simplified communications, real-time process visibility and AI-assisted guidance are identified as measures to reduce cognitive friction and strengthen consumer control.
August 31, 2026
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NBFC licensing enables Hyundai Capital India to begin wholesale dealer financing while preparing retail finance and risk-management infrastructure.
Hyundai Capital India has commenced financial services operations after obtaining a non-banking financial company licence from the Reserve Bank of India. Initial operations concentrate on wholesale financing for local automotive dealers. Operations are intended to expand the dealer-financing network, sales infrastructure and risk-management systems across India, supporting a subsequent phased introduction of retail financing for individual customers.
August 31, 2026
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Personal insolvency resolution approval faces criticism over low creditor recovery and alleged family-linked voting influence in the resolution process.
Personal insolvency resolution approval concerning Subhash Chandra involved a repayment plan of Rs 6.5 crore against admitted creditor claims exceeding Rs 22,000 crore. Objections were raised regarding the voting influence exercised by entities linked to the debtor's family in relation to the resolution process. Pinarayi Vijayan criticised the approval, alleging preferential treatment of powerful corporate interests.
August 31, 2026
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Foreign exchange market intervention seeks to limit rupee depreciation amid oil-price pressure, dollar strength, and capital outflows.
Foreign exchange market conditions put the rupee under depreciation pressure amid higher crude oil prices, geopolitical risks, stronger US dollar conditions, expectations of tighter US monetary policy and foreign equity outflows. RBI market intervention was reported to contain significant depreciation. Improved foreign-currency non-resident bank deposit flows and higher foreign exchange reserves supported investor sentiment and the external liquidity position.
August 31, 2026
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Psychotropic medicine diversion faces NDPS enforcement where controlled tablets allegedly travel without statutory documentation and traceability details.
Enforcement action under the Narcotic Drugs and Psychotropic Substances Act, 1985 addressed alleged inter-State diversion of psychotropic medicines transported without statutory documentation. A truck carrying Alprazolam, Tramadol, Nitrazepam and Clonazepam tablets was intercepted; the medicines and vehicle were seized and one suspect was arrested. Preliminary examination indicated erasure of identifying batch and date details and transport of region-restricted medicines without invoices, bilty or e-way bills. Investigation concerns the manufacturing, supply and distribution network involved.
August 31, 2026
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Synthetic-drug trafficking enforcement targets rail-borne amphetamine and MDMA consignments through baggage interceptions, seizures, follow-up delivery operations, and arrests.
Synthetic-drug trafficking enforcement involved two intelligence-led railway-station operations targeting amphetamine and MDMA transportation and receipt. Baggage intercepted at Bengaluru contained a crystalline substance preliminarily indicating amphetamine, while a separate Pune interception recovered substances purported to be amphetamine and MDMA tablets. The contraband and related packing material were seized under the Narcotic Drugs and Psychotropic Substances Act, 1985. Follow-up delivery action identified alleged receivers, and the carriers and alleged receivers were arrested under that statutory framework.
August 31, 2026
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India-Chile CEPA negotiations seek a balanced framework to expand trade, investment, technology cooperation and resilient supply chains.
India-Chile CEPA negotiations are being advanced toward conclusion by the end of the year through a balanced and commercially meaningful framework. The proposed partnership is intended to strengthen bilateral economic ties, expand trade and investment, and create equitable opportunities for businesses and people in both countries. Cooperation is envisaged in technology, talent and resilient supply chains, alongside enhanced engagement in healthcare, pharmaceuticals, energy, minerals, agriculture, machinery and engineering.
August 30, 2026
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Sugar price controls face persistent retail and wholesale price firmness despite duty-free imports, stockholding restrictions, and export prohibition.
Sugar retail and wholesale prices remained elevated despite measures intended to curb price increases, including duty-free imports of raw sugar, tighter stockholding norms for bulk users and dealers, and a prohibition on sugar exports. Ex-mill rates declined following the permitted duty-free imports, although customary margins continued between ex-mill, wholesale, and retail prices. Projected sugar production is lower than earlier estimates, while annual domestic demand remains substantial.
August 30, 2026
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Aadhaar OTP verification expands online vehicle and licensing services, reducing physical visits and curbing intermediary exploitation.
Aadhaar-based OTP verification will be extended to additional vehicle- and driving-licence-related services through the Vahan and Sarathi portals. The digital arrangement is intended to reduce physical visits to transport offices, prevent intermediary exploitation arising from delayed processing, and enable applications to be processed on a first-come, first-served basis. Physical attendance will remain necessary for vehicle inspections, identification of legal heirs, personal hearings, and authentication where Aadhaar OTP verification fails.
August 30, 2026
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Related-party creditor voting in personal insolvency turned on whether the debtor held majority ownership or direct board control.
Dissenting lenders challenged the admission and voting rights of five creditors alleged to be family-linked associate or related entities, contending that their voting share enabled approval of a personal insolvency repayment plan. They alleged invalid post-moratorium guarantee invocations, undisclosed liabilities, inadequate claim scrutiny and incorrect voting-share computation. The third member rejected the voting-rights challenge, treating associate status as requiring the debtor's personal majority shareholding or direct board control, and accepted the repayment plan.
August 30, 2026
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Examination continuity and candidate fairness require re-examination where power failures prevent completion, alongside review of infrastructure accountability.
NEET-PG 2026 examination continuity was disrupted for candidates at two Jaipur centres because of internal power-supply failures attributable to the technological partner and examination-conducting agency. A re-examination has been scheduled for the affected candidates, with the venue and revised admit cards to be communicated separately. Action against the entities responsible for ensuring adequate examination infrastructure is under consideration.
August 30, 2026
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Women's monthly assistance eligibility restricts benefits to qualifying households and channels payments through deposits or restricted digital wallets.
Delhi Lakshmi Yojana provides monthly financial assistance to eligible women through recurring deposits and restricted Central Bank Digital Currency wallets. Recurring deposits are locked until July 31, 2029, subject to possible review of the maturity period after two years from launch. Eligibility requires a qualifying woman to be the eldest female family member, meet income, residence and voter-registration requirements, and satisfy household restrictions. Income-tax payers, GST filers, government employees, higher-electricity-consuming households and four-wheeler-owning households are excluded.
August 30, 2026
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Gasoline trade amid refinery disruptions relies on sanctioned fleets and dark ship-to-ship transfers, alongside continuing fuel export restrictions.
Russian refinery disruption has increased gasoline imports and made India a significant supplier of gasoline to Russia. Indian supplies were principally linked to the Vadinar refinery, and increased Indian purchases of Russian crude may mean exported gasoline was produced from Russian crude. Russia has retained a gasoline export ban while domestic production remains disrupted. India-origin cargoes imported during August were carried on sanctioned fleets and involved dark ship-to-ship transfers, including transfers conducted with automatic identification system signals switched off.

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News and Press Release

105th NPG Meeting Reviews Rail and Road Projects to Boost Logistics Efficiency under PM GatiShakti

December 19, 2025

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The 105th meeting of the Network Planning Group (NPG) was convened today to evaluate infrastructure projects. The meeting focused on enhancing multimodal connectivity and logistics efficiency in alignment with the PM GatiShakti National Master Plan (PMGS NMP).

The NPG evaluated 07 Rail projects and 01 Road project for their conformity to the PM GatiShakti principles of integrated multimodal infrastructure, last-mile connectivity to economic and social nodes and ‘Whole of Government’ approach. These initiatives are expected to boost logistics efficiency, reduce travel times, and deliver significant socio-economic benefits to the catchment areas of the project. The evaluation and anticipated impacts of these projects are detailed below:

A brief description of the projects is given below:

Ministry of Railways(MoR)

i. 3rd & 4th Line Arakkonam – Renigunta

The Ministry of Railways has proposed constructing a 76.559 km 3rd and 4th railway line between Arakkonam and Renigunta to ease congestion, boost line capacity, improve punctuality, and support rising freight demand. The corridor spans districts in Tamil Nadu and Andhra Pradesh and forms a key part of “Mission 3000 MT” and the High-Density Traffic Routes (Amrit Chaturbhuj) program.

The proposal incorporates industry consultations, ensures connectivity with major highways and airports, and leverages strong multimodal links to industrial hubs and key transport nodes. Enhanced approach roads for freight loading will further strengthen logistics efficiency. The Ministry underscores that the project is a strategic investment aimed at reinforcing rail infrastructure and supporting regional economic growth.

ii. Doubling of track between Erode - Karur Section

The Ministry of Railways has proposed doubling the 66.67 km Erode–Karur railway line in Tamil Nadu to ease congestion, enhance capacity, and improve operational efficiency for both passenger and freight services. The project will support shorter freight routes, boost industrial growth, and strengthen regional mobility.

The corridor’s strong integration with national and State highways, air connectivity, and existing road links to industrial hubs will enable seamless multimodal transport. Doubling the line will also improve movement of key commodities such as coal, steel, cement, and granite to power plants and industries, supported by adequate approach roads to loading points.

The Ministry emphasizes that the project will enhance supply chains, improve connectivity, and contribute significantly to Tamil Nadu’s economic development.

iii. 3rd & 4th line between Guntakal – Bellary stations

The Ministry of Railways has proposed building a 45.92 km 3rd and 4th  line between Guntakal and Bellary, effectively quadrupling the existing double-line corridor across Andhra Pradesh and Karnataka. The project will boost capacity on a key freight and passenger route serving major industries such as JSW, Kalyani Steels, Ultratech Cement, ACC Cement, and KPCL.

Situated on the vital Hubli–Gadag–Bellary–Guntakal route, the section connects northwest Karnataka with major regions across India. The mineral-rich belt of Bellary, Tornagallu, Hosapete, and Ginigera—home to major steel and power plants—stands to gain significantly through improved freight mobility and reduced congestion.

iv. 3rd & 4th line between Guntakal – Wadi stations

The Ministry of Railways has proposed a 230 km 3rd  and 4th  line between Guntakal and Wadi, traversing Karnataka, Andhra Pradesh, and Telangana. The project will quadruple the existing double-line section, expanding capacity on one of the region’s most crucial freight routes.

The corridor is vital for transporting coal from the Nagpur–Balharshah–Kothagudem belt to power plants along the Wadi–Guntakal–Renigunta axis and supports major cement industries between Wadi and Tandur. The expansion will ease bottlenecks, improve punctuality and average speeds, and create additional paths for both passenger and freight trains.

v. Doubling between Salem-Karur-Dindigul

The Ministry of Railways has proposed doubling the 159.26 km Salem–Karur–Dindigul railway corridor to ease congestion, boost line capacity, and enable smoother, faster passenger and freight operations.

As a key energy and industrial route serving the Mettur Thermal Power Plant and major sectors such as steel, cement, textiles, agriculture, and food processing, the upgraded line will significantly reduce freight costs, improve logistics efficiency, and stimulate regional economic growth. Strong industrial clusters across Salem, Namakkal, Karur, and Dindigul stand to benefit from enhanced connectivity.

The project is expected to improve service reliability, create local employment, and strengthen Tamil Nadu’s strategic freight network.

vi. 3rd and 4th line between Yadadri and Kazipet stations and 4th line between Ghatkesar and Yadadri stations

The Ministry of Railways has proposed constructing a third and fourth railway line between Yadadri and Kazipet (77.958 km) and a fourth line between Ghatkesar and Yadadri (32.448 km). These sections form part of a High Traffic Density Corridor identified under the Universe of Projects of Indian Railways, underscoring their strategic importance.

The Yadadri–Kazipet–Ghatkesar corridor is one of Telangana’s most vital rail routes, serving as a key artery for both passenger and freight movement across South India and providing connectivity to major metropolitan cities including Hyderabad, Chennai, Kolkata, and Delhi. The corridor has witnessed significant development owing to its strategic location and the concentration of major industrial establishments in the region.

The route benefits from strong multimodal connectivity, with direct access to major roads such as NH-163 and State Highways SH-1 and SH-2. It also lies within convenient proximity to major airports—Rajiv Gandhi International Airport (around 31 km from Secunderabad) and Begumpet Airport (approximately 40 km). Existing road links between railway stations and industrial zones, including pharmaceutical clusters, will be further strengthened to accommodate increased traffic once the project is completed. No ports are located in the immediate vicinity.

The proposed expansion aims to enhance network capacity, improve punctuality, and support the region’s growing passenger and freight demand.

vii.  3rd and 4th line Electrified Multi tracking line between Talegaon-Uruli

The Ministry of Railways has proposed a broad-gauge, electrified multi-tracking railway line between Talegaon and Uruli in Pune district, Maharashtra, to enhance passenger and freight connectivity. The alignment will serve key towns including Talegaon, Wagholi, and Uruli, and support major industrial and logistics hubs.

Key stakeholders such as JSW Dolvi, JNPA, Adani APSEZ, MIDC Chakan, Niphad Dry Ports, and automobile industries have been consulted for traffic assessment. The project ensures multimodal integration with airports and highways, while avoiding infringement on major national and State highways.

The line will connect to the upcoming Mega Coaching Terminal at Uruli, integrate with the Pune–Solapur–Wadi route on the Mumbai–Chennai High-Density Network, and link additional lines to Alandi on the Pune–Satara section, improving overall network capacity and operational efficiency.

Ministry of Road, Transport & Highways(MoRTH)

viii. Construction for upgradation of NH-544D from Vinukonda- Guntur section terminating at Amaravati Outer Ring Road in the State of Andhra Pradesh

The Ministry of Road Transport and Highways has proposed the upgradation of National Highway NH-544D from Vinukonda to Guntur, involving its widening from a two-lane configuration to a four-lane highway with paved shoulders. The project aims to enhance road capacity, safety, and overall operational efficiency along this strategically important corridor, which provides a critical link between NH-44 (Bengaluru–Hyderabad) and NH-16 (Kolkata–Chennai).

The proposed alignment extends from Podili Junction in Vinukonda to the Amaravati Outer Ring Road, covering a total length of approximately 85.9 km, including about 44.6 km of brownfield and 41.3 km of greenfield sections. While the project largely follows the existing highway, selected stretches will undergo geometric improvements, realignments, and the development of bypasses to rectify current deficiencies and improve traffic movement.

Upon completion, the project is expected to reduce travel time by nearly 52%, lower logistics costs, and significantly improve freight movement and traffic flow. It will strengthen connectivity between key urban centers such as Narasaraopeta, Guntur, Vijayawada, and the upcoming capital city of Amaravati, while supporting regional economic growth, employment generation, urban development, and tourism.

The meeting was chaired by Joint Secretary, Logistics, Department for Promotion of Industry, and Internal Trade (DPIIT).

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