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    Union Minister of Finance and Corporate Affairs interacts with interns from PM Internship Scheme in New Delhi
    DRI uncovers large-scale illegal use of SAFTA agreement in areca imports
    Rupee falls 17 paise to 95.59 against US dollar in early trade
    Colombian president asks Trump to suspend tariffs to help earthquake recovery
    Mission Samudra to be launched alongside Vizhinjam’s EXIM operations
    Europe emerges top destination for India's electric car shipments in Q1
    Govt sets LPG production targets for refiners; Reliance gets largest quota
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    PM urges farmers to adopt 'chemical-free farming' to tap rising global demand for such food items
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    Need one or two Indian pharma firms to be among global top 5: PM Modi
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    Modi warns of weaponisation of resources, sea routes; urges energy self-reliance
    Current account deficit widens to USD 6.2 bn in Jun: RBI data
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    DFS Highlights Mechanism for Timely Redressal of Insurance Policyholders’ Grievances
    Forex kitty jumps USD 14.14 bn to USD 707 bn in one of the biggest weekly expansions
    PROVISIONAL ESTIMATES OF WHOLESALE PRICE INDEX, OUTPUT PRODUCER PRICE INDEX, AND TRIAL INPUT PRODUCER PRICE INDEX FOR THE MONTH OF JULY 2026, AND FINA...
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August 17, 2026
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Prime Minister Internship Scheme enhances youth employability through paid industry exposure, cross-field learning, workplace readiness and potential full-time employment.
The Prime Minister Internship Scheme provides paid internships with leading companies across India to improve youth employability through practical workplace exposure, industry experience and skills development. It addresses the gap between classroom learning and employers' expectations of workplace readiness. Participation is not confined to academic qualifications, allowing youth to pursue fields of interest and gain hands-on professional learning. Strong internship performance may lead to full-time roles, while the scheme stresses responsible work where errors may affect quality, consumer safety and organisational reputation.
August 17, 2026
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SAFTA origin fraud in areca imports allegedly enabled improper duty exemption through false Bangladeshi-origin declarations.
SAFTA preferential duty treatment for areca-nut imports was allegedly misused by falsely declaring goods originating in South-East Asian countries as Bangladeshi origin. Since areca nuts normally attract 100% basic customs duty, the scheme sought to obtain the full SAFTA exemption reserved for qualifying Bangladeshi goods meeting Rules of Origin requirements. The alleged mechanism included routing goods through Bangladesh, changing containers and bags, using improperly obtained Certificates of Origin, and facilitating clearance through importers, Customs Brokers and IEC holders. Investigative findings also indicated cash proceeds, hawala channels and dummy entities.
August 17, 2026
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FCNR(B) concessional swap facility closure may reduce temporary foreign-currency inflow support and heighten rupee weakness concerns.
The Reserve Bank of India restricted its concessional swap facility for FCNR(B) deposits to deposits mobilised by August 31, advancing the earlier cut-off date. The facility was intended to encourage foreign-currency inflows, while banks mobilise such deposits through attractive interest rates. Market commentary indicated that existing inflows may support the rupee in the near term, but the curtailed availability of the facility could reduce this temporary cushion and increase depreciation risk.
August 16, 2026
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Temporary tariff suspension for earthquake recovery is sought to ease pressure on affected Colombian businesses.
Temporary suspension of high tariffs on Colombian products has been sought to support business recovery following a severe earthquake declared a natural disaster. The request links tariff relief to economic disruption affecting businesses amid extensive destruction, injuries and missing persons. United States emergency assistance has been provided through food, shelter and health supplies, while no response to the tariff-suspension request had been reported.
August 16, 2026
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Port-led industrial development and direct export operations aim to expand logistics infrastructure, market access and trade connectivity.
Mission Samudra is proposed as a port-led industrial and logistics development programme linked to the commencement of export-import operations at Vizhinjam seaport. It covers industrial clusters, new cities, port connectivity, logistics, development initiatives, programme management and capacity building. Direct export shipments are intended to improve overseas-market access and reduce transit time and logistics costs, particularly for small and medium enterprises. The framework also anticipates growth in warehousing, cold storage, container freight stations and logistics parks, supported by private participation and road and rail connectivity.
August 16, 2026
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Electric vehicle export diversification strengthens India's presence across European, Asia-Pacific and Latin American markets through expanding overseas demand.
India's electric motor car exports expanded sharply in the first quarter of 2026-27, reflecting increased international acceptance and competitiveness of India-manufactured electric vehicles. Europe became the principal export destination, led by Spain and the United Kingdom, with further demand across several European markets. Exports also reached Asia-Pacific markets, Nepal and emerging Latin American destinations. This wider market presence reflects improving quality and safety standards, stronger integration into global electric-vehicle supply chains, and diversification of India's electric-vehicle export profile.
August 16, 2026
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LPG production preparedness requires refiners and upstream producers to maintain capacity and increase output during supply constraints.
Government has established a standing LPG production preparedness framework under which refining companies, oil marketing companies and upstream producers may be directed to increase production during supply constraints. Companies must maintain adequate LPG storage, evacuation and transportation infrastructure and pursue technically and economically feasible production-enhancing measures. Written directions may prescribe production quantities and periods, including restrictions on alternative uses of input streams required for LPG. The production schedule is updated twice yearly to reflect new facilities and added capacity from infrastructure, technology and distribution improvements.
August 16, 2026
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Free trade agreement market access requires MSMEs, farmers and exporters to meet global quality standards.
Free trade agreements expand market-access opportunities for Indian MSMEs, exporters and producers through reduced or eliminated import duties on traded goods. Textiles, machinery, medicines, seafood and agricultural products can access international markets where they meet global standards and remain competitively priced. Farmers and producers are encouraged to develop export-oriented products, including chemical-free agricultural produce, while MSMEs may use preferential trade access to support manufacturing, exports, employment and growth.
August 15, 2026
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Chemical-free farming can strengthen agricultural exports by meeting global standards and responding to rising international demand.
Chemical-free farming is urged to meet growing global demand and expand agricultural exports. Agricultural products must meet global parameters to facilitate access to international markets, including markets opened through free trade agreements. Food processing, export-oriented farm production, and global branding of traditional cuisine, millets, spices, fruits and flowers are identified as important elements of agriculture and food production policy.
August 15, 2026
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Voluntary foreign asset disclosure allows eligible taxpayers to regularise overseas holdings with immunity from further tax, penalties and prosecution.
FAST-DS permits eligible taxpayers to disclose specified undisclosed foreign assets, foreign income, and foreign assets omitted from return schedules. Undisclosed assets or income not previously offered to tax may be declared up to Rs 1 crore on payment of an effective 60 per cent levy, based on fair market value as of 31 March 2026. Assets already offered to tax, or acquired during non-resident status but omitted from the return schedule, may be declared up to Rs 5 crore on payment of a fee. Valid declarations provide immunity from further tax, penalty and prosecution, while declared amounts are excluded from total income.
August 15, 2026
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Global pharmaceutical leadership is urged through Indian firms achieving top-five status, supported by generic manufacturing and export capacity.
Indian pharmaceutical companies are urged to attain representation among the world's five leading pharmaceutical firms, despite India's established position as a major producer of generic medicines. India has a broad manufacturing base, supplies generic medicines across numerous therapeutic categories, and exports to worldwide markets including highly regulated jurisdictions. Although pharmaceutical exports and the domestic market have expanded, Indian firms have not yet secured positions among the largest global companies. Greater international scale may be supported through acquisitions and expanded established-brand and branded-generic operations.
August 15, 2026
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Foreign asset voluntary disclosure permits eligible small taxpayers to regularise qualifying assets through tax, additional levy, and statutory immunity.
FAST-DS permits eligible small taxpayers to voluntarily disclose specified foreign assets or foreign income. It covers undisclosed foreign assets or income not offered to tax, subject to an aggregate value threshold of Rs 1 crore, and certain foreign assets omitted from the relevant return schedule, subject to a Rs 5 crore threshold and prescribed fee. Payment comprises 30 per cent tax and an additional equal amount. Disclosed income or investment is excluded from total income, with immunity from further tax, penalty and prosecution under the Black Money Act for the disclosed asset or income.
August 15, 2026
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Free trade agreement opportunities require MSMEs to meet global standards and expand exports across textiles, machinery, medicines and seafood.
Free trade agreements are presented as export-market opportunities for Indian MSMEs because they reduce or eliminate import duties on a substantial range of traded goods. MSMEs are urged to expand exports of textiles, machinery, medicines and seafood, including shrimp, by meeting global quality standards and offering products competitively. Their export role is linked to self-reliance and their significant contribution to manufacturing, exports, GDP and employment.
August 15, 2026
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Windfall gains tax on petroleum exports was reduced to support domestic fuel availability and limit export price advantages.
Special additional excise duty (windfall gains tax) on exports of petrol, diesel and aviation turbine fuel was reduced from 15 August 2026. Petrol export duty was reduced to nil, and export-duty rates on diesel and ATF were lowered. Duty rates for petrol and diesel cleared for domestic consumption remained unchanged. The export-duty framework seeks to maintain domestic petroleum-product availability and limit export advantages arising from higher global crude oil prices amid West Asia tensions.
August 15, 2026
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Energy self-reliance drives diversified fuel sourcing, expanded offshore exploration, and domestic capacity to reduce geopolitical supply vulnerability.
Energy security policy seeks to reduce exposure to geopolitical pressure and supply disruption caused by dependence on overseas fuel and strategic maritime routes. India is diversifying crude oil and LNG sourcing while strengthening domestic hydrocarbon production through offshore exploration, seismic surveys, exploratory drilling and shared infrastructure. Expanded access to sedimentary basins is intended to unlock domestic oil and gas resources. Wider piped natural gas coverage, solar generation, critical-mineral exploration, and nuclear and other non-fossil energy sources support the broader objective of energy self-reliance.
August 14, 2026
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Current account deficit widened as merchandise trade imbalance expanded, despite stronger services surplus, transfers, and positive capital inflows.
India's current account deficit widened in June 2026, principally because merchandise imports increased faster than exports and expanded the merchandise trade deficit. A higher services surplus, increased net transfers and a narrower net income deficit provided partial offsets. Net capital inflows, including foreign direct investment and foreign portfolio investment, supported a positive overall monthly balance. During the April-June quarter, despite increased services surplus and net transfers, the overall balance shifted to a deficit as the merchandise trade deficit widened.
August 14, 2026
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Concessional foreign-currency swap facility closes early for new FCNR(B) deposits while ECB and OFCB access remains available.
The concessional swap facility for FCNR(B) deposits encourages foreign-currency inflows and supports foreign-exchange liquidity. New FCNR(B) deposits eligible for the facility must be mobilised by 31 August 2026, while swaps for eligible deposits may be availed until 11 September 2026. The swap arrangement for External Commercial Borrowings and Overseas Foreign Currency Borrowings remains available until 31 December 2026.
August 14, 2026
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Insurance grievance redressal requires initial insurer complaint, prompt acknowledgement, and escalation through integrated monitoring channels when resolution remains unsatisfactory.
Insurance policyholder grievances must first be raised with the concerned insurer, whose Grievance Redressal Officer and Board-level monitoring committee oversee redressal. Complaints received through digital channels, correspondence or call centres are recorded in the insurer's Complaints Management System, integrated with Bima Bharosa. Insurers must acknowledge complaints immediately and resolve them within 14 days. Where no response is received within a reasonable period or the response is unsatisfactory, policyholders may escalate through Bima Bharosa or designated helplines, email or physical correspondence.
August 14, 2026
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Foreign exchange reserve growth reflects increases in foreign currency assets, gold holdings, special drawing rights, and IMF reserve position.
India's foreign exchange reserves rose to USD 707.002 billion for the week ended 7 August 2026. The increase comprised higher foreign currency assets, gold reserves, special drawing rights and the reserve position with the IMF. Foreign currency asset valuation incorporates appreciation or depreciation of non-US currencies held in reserve assets. Measures including the FCNR(B) scheme were introduced to attract additional foreign exchange inflows.
August 14, 2026
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Wholesale and producer price indices show July inflation movements, provisional estimates, final revisions, and manufacturing input-price trends.
Wholesale Price Index, Output Producer Price Index, and trial Input Producer Price Index estimates under the 2022-23 base-year series set out provisional July 2026 measures and final May 2026 revisions. All-commodities WPI stood at 110.0 in July 2026, with year-on-year inflation of 9.78 per cent. The all-commodities Output PPI was unchanged at 109.9, while the trial Input PPI for manufacturing was provisionally estimated at 105.9. Final May WPI, Output PPI and trial Input PPI measures were revised from their respective provisional estimates.

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January 11, 2026

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New Delhi, Jan 11 (PTI) Following are the top stories at 9 pm: NATION DEL28 SOMNATH-PM-SHURYA YATRA-LD SCENE (8.08 PM)

PM takes part in 'Shaurya Yatra' in Somnath, 108 horses present majestic sight Somnath (Gujarat): Priests played 'damrus' and 108 horses slowly trotted towards the Veer Hamirji Gohil Circle that faced the Somnath temple complex here on Sunday as Prime Minister Narendra Modi led a ceremonial procession to the ancient shrine amid traditional dance performances. By Kunal Dutt

DEL26 CONG-UP-PROTEST (RPT) (8.27 PM)

Cong slams 'trouble-engine' UP govt for 'brutal lathi-charge' on MGNREGA Bachao protesters New Delhi: The Congress on Sunday alleged that the “Yogi-Modi trouble-engine” government in Uttar Pradesh ordered the police to “brutally lathi-charge” NSUI protesters taking out a peaceful march in Varanasi as part of the party’s nationwide ‘MGNREGA Bachao Sangram'.

DEL27 BJP-WB-MAMATA (7.59 PM)

I-PAC political-consultancy firm or TMC's slush-money front, asks BJP New Delhi: The BJP launched a fresh attack on West Bengal Chief Minister Mamata Banerjee on Sunday, alleging that the manner in which she "forcibly" took away files from the premises of the I-PAC during the ED's raids in Kolkata two days ago raises the question that whether it is a political-consultancy firm or the TMC's slush-money front.

DEL22 ED-AL FALAH (5.24 PM)

ED may attach Al Falah University campus under anti-money laundering law New Delhi: The Al Falah University campus in Haryana's Faridabad, which came under the scanner of investigating agencies after the Red Fort area blast, could be attached by the Enforcement Directorate under the anti-money laundering law, official sources said on Sunday.

CAL27 AS-LD CJI (6.53 PM)

Personal interests not grounds for opposing new infra: CJI on Gauhati HC Bar Association's stir Guwahati: Chief Justice of India Surya Kant expressed surprise at the opposition by members of the Gauhati High Court Bar Association (GHCBA) to the new Integrated Judicial Court Complex in Assam’s Kamrup district, the foundation stone for which he laid on Sunday.

DEL29 LD COLD (8.20 PM)

Freezing temperatures in Rajasthan as winter chill grips north India, cold wave hits Delhi New Delhi: The intense cold sweeping through north India tightened its grip further on Sunday, with parts of Rajasthan experiencing sub-zero temperatures and the mercury in Delhi dropped to 2.9 degrees Celsius for the first time this year.

DEL25 SONIA-HOSPITAL-DISCHARGE (7.00 PM)

Sonia Gandhi discharged from Ganga Ram hospital New Delhi: Congress leader Sonia Gandhi, who was admitted to Sir Ganga Ram Hospital here nearly a week ago for exacerbation of bronchial asthma due to chest infection, was discharged on Sunday, hospital authorities said.

DEL20 CRYPTO-LD VERIFICATION (5.14 PM)

India tightens crypto noose: Live selfies, geo-tagging now mandatory for users New Delhi: In an effort to eliminate illegal activity in the digital asset market, India's Financial Intelligence Unit (FIU) has unveiled stringent new Anti-Money Laundering (AML) and Know Your Customer (KYC) protocols for cryptocurrency exchanges, including mandatory liveness detection and geographical tracking during the onboarding process. By Neelabh Srivastava

CAL31 AS-SHUTDOWN (8.27 PM)

Shutdown in Assam's Kokrajhar over rape of mentally-challenged woman, govt appeals for calm Kokrajhar: Normal life was disrupted on Sunday in Assam’s Kokrajhar district, where a bandh was called to protest the alleged rape of a mentally-challenged woman.

Markets and business establishments remained shut, and public transport stayed off the roads as a result of the bandh called by the World Hindu Federation.

MDS26 KL-MAMKOOTATHIL-LD CONGRESS (8.43 PM)

Congress distances itself from arrested MLA Rahul Mamkootathil Thiruvananthapuram: The Congress on Sunday distanced itself from MLA Rahul Mamkootathil, who was arrested in a sexual assault case, stating that he had been expelled from the party long ago.

LEGAL LGD4 SC-PREVENTIVE DETENTION (6.21 PM)

Apprehension of detenu engaging in crime if granted bail no ground for preventive detention: SC New Delhi: Mere apprehension on the part of the detaining authority that if a detenu is released on bail, he/she would indulge in similar crimes that would be prejudicial to public order will not be a sufficient ground to order preventive detention, the Supreme Court has said.

LGD1 SC-WB-ED RAIDS (1.34 PM)

I-PAC raids: ED moves SC against 'interference' by CM Mamata Banerjee; WB govt files caveat New Delhi: The Enforcement Directorate has approached the Supreme Court alleging interference and obstruction by the West Bengal government, including by Chief Minister Mamata Banerjee, in its probe and search operation at the I-PAC office and premises of its director Pratik Jain in connection with the coal pilferage scam.

FOREIGN FGN43 LANKA-CYCLONE-LD INDIA (8.20 PM)

First India-funded Bailey Bridge opens for traffic in cyclone-hit Sri Lanka Colombo: The first Bailey Bridge built with India's assistance package to Sri Lanka has been opened for traffic in the cyclone-hit island nation, the Indian mission here said on Sunday.

FGN33 NEPAL-NC-CONVENTION (5.16 PM)

Nepali Congress rebel faction kicks off special convention Kathmandu: Dissident faction of Nepali Congress kicked off a Special General Convention here on Sunday to chalk out the strategy ahead of the March 5 general election, despite objections by senior leaders. By Shirish B Pradhan

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