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    Logistics Data Bank Tracks 10 Crore EXIM Containers, Provides Visibility across Logistics Chain
    APEDA and Government of Tripura Organise International Organic Buyer-Seller Meet to Expand Global Market Linkages
    WPI inflation eases to 9.78 pc in July on softening in fuel prices
    IDFC FIRST Bank secures its first international rating with Investment Grade from S&P Global Ratings
    DRI busts illegal drug manufacturing facility in Jewar, UP; 30 kg drugs seized and two persons arrested
    UCO Bank launches IFSC Banking Unit at GIFT City
    Banking sector has key role to play as India on way to become 3rd largest economy: Gujarat CM
    India's exports to US rise 12.85 pc in Jul; shipments to China jump 64.57 pc: Govt data
    50 tonnes of copper without e-way bills seized by Delhi GST, Railways joint team
    India's exports surge 19.6 pc in Jul; trade deficit widens to six-month high
    CBI ARRESTS CGST SUPERINTENDENT IN BRIBERY CASE
    The cumulative exports (merchandise & services) during April-July 2026-27 is estimated at US$ 316.42 Billion, as compared to US$ 279.63 Billion in Apr...
    Unlimit Mobile Ties Up with ICICI Bank Canada, RBC Royal Bank to Add Mobile Connectivity Benefits to Student GIC Journey
    Standard Chartered Accelerates India's GCC Growth with its Global Banking Expertise and 25 Years of GCC Experience
    IFSCA Grants Nexent Capital GIFT City Investment Banking License
    India's exports rise 19.63 pc to USD 44.24 bn in Jul; trade deficit widens to $31.98 bn
    Vizhinjam port to commence EXIM operations from Aug 18: Kerala CM Satheesan
    Ratul Puri: Beyond Low-Cost Power to Clean Energy Reliability
    PMS Bazaar Collaborates with NSDL Database Management Limited (NDML Accreditation Agency) to Expand Access to SEBI Accredited Investor Certification
    Compounded annual growth rate of Manufacturing GVA at constant prices (2022-23 base) as per revised series during 2022-23 to 2025-26 is 10.88%
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August 14, 2026
Show AI Summary
Logistics data visibility enables EXIM container tracking, operational analytics and multimodal shipment monitoring across India's logistics chain.
Logistics Data Bank provides near real-time visibility of India's EXIM container movement through technology-based tracking and stakeholder monitoring tools. RFID-based coverage extends across ports, terminals, inland logistics facilities, rail networks, industrial zones, borders and highways. The platform uses RFID, Internet of Things, Big Data and Cloud technologies, with analytics on dwell time, transit time, and port and terminal performance to identify logistics bottlenecks. LDB 2.0 adds high-seas tracking of export containers and multimodal shipment visibility.
August 14, 2026
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International organic buyer-seller linkages support Tripura producers through direct sourcing engagement, market access and sustainable export opportunities.
International Organic Buyer-Seller Meet in Tripura created a direct platform for organic producers, Farmer Producer Organisations, exporters and international buyers to explore sourcing opportunities, market requirements and long-term commercial linkages. Organic and naturally produced goods, including Queen Pineapple, GI-tagged Kalikhasa Rice, organic ginger and turmeric, black sesame, jackfruit and scented lemon, were showcased through product displays and producer interactions. The initiative seeks to strengthen global market access, sourcing partnerships and income opportunities for organic farmers.
August 14, 2026
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Wholesale price inflation moderation was driven by softer fuel prices, while manufactured goods and primary articles recorded higher inflation.
Wholesale price inflation moderated in July, led by a decline in fuel and power inflation and a marginal easing in food-article inflation. Inflation in manufactured products and primary articles increased, making the moderation uneven across groups. Mineral oils, food articles, basic metals, non-food articles, food products, and chemical products remained significant inflation drivers. The output Producer Price Index remained unchanged year-on-year, with lower manufacturing and mining inflation offset by higher agriculture and electricity producer-price inflation.
August 14, 2026
Show AI Summary
International investment-grade issuer ratings support expanded foreign-currency funding, trade finance, correspondent banking and cross-border financial market access.
IDFC FIRST Bank's inaugural international investment-grade issuer credit ratings, with a stable outlook, are expected to improve access to international funding markets and global financial counterparties. The rating is intended to support standby letter of credit lines, foreign-currency funding through its GIFT City International Banking Unit, mobilisation of FCNR(B) deposits, correspondent banking relationships and cross-border trade finance. Strong capitalisation, improving profitability, stable asset quality and a granular retail funding profile underpin the outlook.
August 14, 2026
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Clandestine psychotropic drug manufacturing faces enforcement targeting precursor chemicals, concealed laboratories, illicit production networks and trafficking operations.
Enforcement action against clandestine manufacture of psychotropic substances led to the detection of a residential drug-production facility. Searches recovered amphetamine and intermediary forms, precursor chemicals, reagents, raw materials, and manufacturing equipment. Field testing indicated the presence of amphetamine, a psychotropic substance regulated under the Narcotic Drugs and Psychotropic Substances Act, 1985. The recovered apparatus and materials indicated illicit manufacture, while preliminary investigation pointed to short-term, intermittently operated facilities intended to conceal production activities.
August 13, 2026
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International banking unit expands cross-border financing, trade finance and foreign-currency service access through GIFT City operations.
UCO Bank has launched an International Financial Services Centre Banking Unit at GIFT City to provide permitted international banking services. The unit offers trade finance, external commercial borrowings, foreign-currency loans, loan syndication, treasury services and other permitted financial services. It serves Indian corporates, exporters, importers, financial institutions, overseas businesses and other eligible customers requiring cross-border financing and access to global financial markets. FCNR(B) deposits are also offered through the unit.
August 13, 2026
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Last-mile credit access is prioritised through timely lending, wider beneficiary coverage, digital support and stronger fraud vigilance.
Banking-sector participation is emphasised through last-mile credit access for MSMEs, women entrepreneurs, rural artisans, small farmers and other underserved beneficiaries. Banks are urged to expedite government-scheme applications, maximise coverage and use technology for timely financial support. Industrial-policy assistance and incentives cover startups, SC/ST entrepreneurs, persons with disabilities and first-generation entrepreneurs. Greater coordination, expanded village banking access, and vigilance against cyber fraud and mule accounts are also prioritised.
August 13, 2026
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Merchandise trade growth saw rising exports to major markets alongside increased imports and continuing United States trade-pact negotiations.
India's merchandise trade data records increased July exports to the United States and China, alongside growth in imports from both markets. Exports to Singapore, the United Arab Emirates, the Netherlands, Germany, South Africa, Tanzania, Australia, Malaysia, Sri Lanka, Italy and Vietnam showed positive growth, while July exports declined for the United Kingdom, Bangladesh, Saudi Arabia and Nepal. Imports also increased from Russia, Korea, Singapore, Germany, Oman, Malaysia, Taiwan and Brazil. India and the United States are negotiating a trade pact amid an additional United States tariff on India.
August 13, 2026
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GST transport documentation enforcement addresses freight movement of metals without valid e-way bills and invoices under applicable rules.
GST enforcement action led to the seizure of copper and aluminium ingots transported by freight train without valid e-way bills and invoices. The metals were found in three train wagons during inspection of parcel cargo. Further proceedings are to be undertaken under applicable GST rules concerning movement of goods without prescribed transport documentation.
August 13, 2026
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Merchandise trade deficit widens as import growth outpaces exports despite strong petroleum, electronics and engineering shipments.
Merchandise trade in July 2026 saw exports rise 19.63 per cent and imports increase 17.52 per cent, widening the trade deficit to a six-month high. Petroleum products, electronics, engineering goods and marine goods supported export growth, while crude oil and several commodity and capital-goods categories increased imports. During April-July 2026-27, faster import growth widened the cumulative merchandise trade deficit compared with the corresponding prior-year period.
August 13, 2026
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Bribery allegations in GST enforcement prompted arrest after alleged payment demand to avoid a tax-liability notice.
Bribery allegations involving GST enforcement led to the arrest of a CGST Superintendent after a complaint alleged that payment was demanded from a private company to avoid issuance of a tax-liability demand notice and to close the matter. A trap operation resulted in the public servant being apprehended while allegedly accepting part of the demanded bribe, and the amount accepted was recovered. Searches were undertaken, and investigation remained ongoing.
August 13, 2026
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Trade performance shows rising merchandise and services exports, but faster import growth expands the overall trade deficit.
India's combined merchandise and services exports and imports increased in July 2026 and April-July 2026-27, while the overall trade deficit widened. Cumulative exports were estimated at US$ 316.42 billion and imports at US$ 365.85 billion, resulting in a trade deficit of US$ 49.43 billion. Merchandise exports, non-petroleum exports, and exports excluding petroleum and gems and jewellery grew, led by petroleum products, electronic goods, engineering goods and chemicals. Services trade recorded a cumulative surplus of US$ 69.17 billion.
August 13, 2026
Show AI Summary
Student GIC referral programmes integrate connectivity credits with funding verification and post-arrival banking arrangements for eligible international students.
Referral arrangements connect mobile connectivity benefits with the Student Guaranteed Investment Certificate application journey. Applicants may access an online portal through a referral link, submit documents, complete know-your-customer verification, and fund the GIC from permitted Indian bank accounts in no more than two transactions. After arrival, students may activate the GIC account and open a linked bank account for receipt of GIC transfers. Eligible verified applicants receive non-cash mobile credits usable only against mobile bills, subject to a cap on the bill portion payable through credits.
August 13, 2026
Show AI Summary
Global Capability Centre banking support connects offshore and onshore operations to simplify financial management and enable cross-border expansion.
Global Capability Centre banking support is positioned around connected offshore and onshore banking, international network access, digital banking platforms, and expertise in treasury centres, cross-border corporates, and evolving GCC operating models. The approach seeks to simplify financial operations and support GCC expansion across global markets. India's GCC ecosystem is characterised as a leading global capability hub, with capability centres evolving into strategic enterprise hubs requiring support for operational and financial complexities across markets.
August 13, 2026
Show AI Summary
Investment banking registration enables regulated cross-border offerings, listings, debt transactions and capital-market advisory through GIFT City.
IFSCA registration under the IFSCA (Capital Market Intermediaries) Regulations, 2025 authorises Nexent Capital IFSC Private Limited to operate as an investment banker from GIFT City. Permitted activities include management of initial and follow-on public offerings, SPAC and secondary listings, depository receipt issuances, debt capital-market transactions, and other capital-market advisory mandates. The firm proposes to provide transaction structuring, listing-readiness, execution and post-listing capital-markets support for companies seeking capital raising and listing opportunities through GIFT City's exchanges.
August 13, 2026
Show AI Summary
Merchandise export growth was driven by petroleum, electronics, engineering and marine goods, while rising imports widened the trade deficit.
India's merchandise exports increased in July, while imports also rose and widened the trade deficit. Export growth was attributed to higher overseas shipments of petroleum products, electronics, engineering goods and marine goods. Exports and imports both recorded growth during the April-July fiscal period, and exports to West Asian countries increased in July.
August 13, 2026
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EXIM operations at international seaport to commence after customs clearance, bonded-area establishment, and temporary highway connectivity.
Vizhinjam International Seaport is scheduled to commence EXIM operations after Customs clearance, issuance of Customs notifications, establishment of a Customs-bonded area, and temporary connectivity to NH-66. The port had previously handled transshipment operations. A proposed transfer of a stake in the port concessionaire to a foreign shipping company remains under committee examination and requires Central Government consideration of strategic and security aspects.
August 13, 2026
Show AI Summary
Renewable energy reliability requires storage, grid readiness and ancillary service markets alongside competitive clean-power procurement.
Renewable energy procurement is shifting beyond lowest tariffs towards dependable, dispatchable and affordable clean power, assessed through capacity value, balancing capability and system economics. Storage-backed renewable and hybrid projects can improve renewable utilisation, reduce variability and curtailment, and support peak demand. Higher renewable penetration also requires supportive storage policies, timely approvals, aligned intrastate transmission planning, stronger distribution infrastructure, and market mechanisms for ramping reserves, frequency response and fast-response balancing services.
August 13, 2026
Show AI Summary
Accredited Investor certification facilitates eligible investors' access to alternative investment products, lower thresholds and applicable regulatory flexibilities.
SEBI's Accredited Investor framework enables eligible investors and entities to obtain certification that may allow lower minimum investment thresholds for Portfolio Management Services, Alternative Investment Funds and other alternative investment products, along with applicable regulatory flexibilities. PMS Bazaar and NSDL Database Management Limited's Accreditation Agency facilitate end-to-end applications, subject to required documentation and prescribed payment. Assistance is available to individual investors and eligible clients of investment providers without additional platform, service or processing charges, while prescribed certification fees remain payable.
August 13, 2026
Show AI Summary
Manufacturing GVA growth under the revised national accounts series highlights stable sectoral contribution and resilience-focused industrial measures.
Manufacturing performance is assessed under the revised National Accounts Statistics series using 2022-23 as the base year. Manufacturing's share of total Gross Value Added at current prices remained broadly stable through 2025-26, and Manufacturing GVA at constant prices achieved a compounded annual growth rate of 10.88% from 2022-23 to 2025-26. Production Linked Incentive schemes, logistics and industrial-corridor measures, semiconductor initiatives, and MSME support seek to strengthen domestic manufacturing, diversify supply chains, reduce import dependence, and improve resilience.

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December 31, 2025

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New Delhi, Dec 31 (PTI) Following are the top stories at 1 PM NATION DEL44 BIZ-RBI REPORT-GOVERNOR (04:03 PM)

Indian economy to record high growth despite volatile external environment: RBI Governor New Delhi: Indian economy is projected to register high growth, driven by strong domestic consumption and investment despite a volatile and unfavourable external environment, RBI Governor Sanjay Malhotra said on Wednesday.

DEL16 BIZ-STRIKE-GIG WORKERS (01:19 PM)

Zomato, Swiggy offer increased payout to gig workers amid strike call by unions on New Year's Eve New Delhi: Food delivery platforms Zomato and Swiggy are offering more incentives to their delivery partners, a standard practice they follow on festive periods, to ensure minimal disruptions in services on New Year's Eve amid strike call by gig workers' unions.

DEL23 PM-AYODHYA (02:15 PM)

Modi greets people on 2nd year of Ram Temple consecration New Delhi: Prime Minister Narendra Modi on Wednesday greeted the people on the second anniversary of the idol consecration at the Ram Temple at Ayodhya, terming the day "a divine festival of our faith and traditions."

DEL51 UP-AYODHYA-RAJNATH SPEECH (05:01 PM)

India acted in accordance with Lord Ram's ideals in Operation Sindoor: Rajnath at Ayodhya Ram temple Ayodhya: Defence Minister Rajnath Singh on Wednesday described the Ram temple movement as a "grand narrative" that laid the foundation for the future, and said India acted in accordance with Lord Ram's ideals in Operation Sindoor.

DEL12 CONG-CHINA (12.11 PM)

China's war mediation claim concerning, PM must respond: Congress New Delhi: The Congress on Wednesday termed Chinese claims of mediation between India and Pakistan concerning and said the people of India need clarity on the issue.

DEL46 DEF-MISSILES (04:16 PM)

India successfully test-fires Pralay missiles off Odisha coast New Delhi: India on Wednesday successfully test-fired two Pralay missiles in quick succession off the coast of Odisha.

DEL17 CULTURE-BUDDHA-RELICS (01:43 PM)

Modi to inaugurate exposition of sacred Piprahwa Relics on Jan 3 New Delhi: Prime Minister Narendra Modi on January 3 will inaugurate an exposition of the sacred Piprahwa Relics, which will be hosted at a heritage site in Delhi, officials said.

DEL2 PM-ERIGAISI (9:28 AM)

PM congratulates Arjun Erigaisi for bronze at FIDE World Blitz Chess Championship New Delhi: Prime Minister Narendra Modi on Wednesday congratulated Arjun Erigaisi on winning the bronze medal at the FIDE World Blitz Chess Championship and said his success will inspire the youth of the country.

CAL13 WB-SHAH-LD MEETING (02:53 PM)

Shah meets BJP public representatives in Kolkata, invites 'backbencher' Dilip Ghosh for talks Kolkata: Continuing on his agenda to take stock of the BJP West Bengal unit's preparedness for the assembly polls scheduled early next year, Union Home Minister Amit Shah on Wednesday laid down an action blueprint before the party's public representatives, past and present, while showcasing a unified face of the saffron camp, projecting former state president Dilip Ghosh as one of the main faces for the elections.

CAL10 BH-NABIN-LD FATHER (01:21 PM)

Trying to follow my father's footsteps of being low-profile, accessible to all: Nabin Patna: BJP National Working President Nitin Nabin on Wednesday said he was trying to follow in the footsteps of his father, who was "accessible to all" and "made familial bonds with party karyakartas".

DEL9 NIA-TERROR-SENTENCING (10.40 AM)

Man gets life term for raising module of Pak-based terror outfit in Assam New Delhi: A man has been sentenced to life imprisonment for raising a module of Pakistan-based terror outfit in Assam to carry out terrorist activities, the National Investigation Agency said on Wednesday.

CAL3 AS-WITCH HUNTING (09:17 PM) Assam couple burnt alive on suspicion of witchcraft Diphu: A group of people burnt alive a couple in a village in Karbi Anglong district of Assam, suspecting them to be involved in witchcraft, police said on Wednesday. CAL2 AS-COLD-SCHOOLS (8:56 AM)

All schools closed for week due to extreme winter weather in Guwahati Guwahati: With mercury dipping 6.4 degrees Celsius below normal in daytime in the state capital, all schools in Kamrup Metropolitan district of Assam have been closed for a week due to harsh winter, according to an official order.

BOM9 MP-CONTAMINATED WATER-LD TOLL (03:42 PM)

Consumption of contaminated water claimed 7 lives so far in Indore, confirms mayor Indore: Seven persons have died so far due to diarrhoea and vomiting after allegedly consuming contaminated water in Indore city of Madhya Pradesh, its Mayor Pushyamitra Bhargava confirmed on Wednesday amid conflicting claims over the number of fatalities.

BOM12 MH-CIVIC POLLS-ALLIANCES (03:59 PM)

Friends-foes-friends: Alliances blur ahead of municipal polls in Maharashtra Mumbai: Political equations in Maharashtra are in flux ahead of the January 15 elections to 29 municipal corporations, as the ruling Mahayuti and the opposition MVA have abandoned any attempt at a uniform seat-sharing formula, triggering fragmentation and multi-cornered contests.

BOM3 MH-HC-STAFF-POLL DUTY (10:38 PM)

HC stays BMC chief’s letters asking court staff to report for civic polls duty, questions his power Mumbai: The Bombay High Court has stayed letters issued by the Brihanmumbai Municipal Corporation commissioner asking the staff of subordinate courts to report for civic polls duty, questioning his power and jurisdiction.

BOM13 GA-NIGHTCLUB FIRE-SUSPENSION (04:17 PM) Goa nightclub tragedy: Two state government officers suspended Panaji: Two officers of the Goa State Pollution Control Board have been suspended in connection with the nightclub fire tragedy, Chief Minister Pramod Sawant said on Wednesday.

MDS3 ISRO-SSLV-STATIC TEST (9:03 AM)

ISRO conducts ground test of SSLV third stage at Sriharikota Bengaluru: ISRO has carried out a successful static test of an improved version of the third stage of SSLV at the Solid Motor Static Test Facility of Satish Dhawan Space Centre, Sriharikota in Andhra Pradesh.

DEL6 AVI-DELHI AIRPORT (9:59 AM)

Delhi airport sees 148 flight cancellations due to low visibility conditions New Delhi: At least 148 flights were cancelled and over 150 flights were delayed at the Delhi airport on Wednesday due to dense fog and low visibility conditions.

LEGAL LGD4 JK-NIA-ACQUITTAL (12.33 PM)

J&K court acquits 3 accused tried for 'terror' activities Srinagar: A sessions court in Jammu and Kashmir has acquitted three people accused of involvement in terror activities for lack of evidence.

FOREIGN FGN17 CHINA-QUAD-ENVOYS (12.09 PM)

Envoys of Quad countries hold rare publicised meeting in Beijing Beijing: Ambassadors of the Quad nations, consisting of the US, India, Australia and Japan, held a rare publicised meeting in Beijing. By K J M Varma

FGN25 BANGLA-ZIA-LD FUNERAL (02:34 PM)

Khaleda Zia’s funeral prayer held in Bangladesh amid tight security Dhaka: Bangladesh's former prime minister Khaleda Zia's funeral prayers were held on Wednesday amid tight security.

FGN23 BANGLA-ZIA-FUNERAL-LD JAISHANKAR (02:34 PM)

EAM Jaishankar hands over PM Modi's letter to BNP's Tarique Rahman Dhaka: External Affairs Minister S Jaishankar on Wednesday handed over to Bangladesh Nationalist Party (BNP) leader Tarique Rahman a letter from Prime Minister Narendra Modi as thousands of people bid farewell to former prime minister Khaleda Zia at her funeral.

FGN27 PAK-CHINA-DAR (04:06 PM)

Pak Dy PM Dar to visit China to attend strategic dialogue Islamabad: Pakistan's Deputy Prime Minister and Foreign Minister Ishaq Dar will visit China later this week to co-chair the 7th round of a bilateral strategic dialogue.

PTI ARB ARB

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