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    Additional Information related to GDP Estimates Received After Release of Q1 Estimates of FY 2026-27
    Union Minister of Commerce & Industry Shri Piyush Goyal Chairs CEO Roundtable on Ease of Doing Business for Scaling India’s Data Centre Ecosystem
    India–Afghanistan Joint Working Group on Trade Holds Virtual Meeting; Reviews Measures to Strengthen Bilateral Trade and Economic Cooperation
    PM Surya Ghar Yojana 2026: How to Get Rs 78,000 Solar Subsidy & Cut Your Electricity Bill
    Japan's JCR upgrades India's sovereign rating to 'A-', cites solid growth, improved financial system
    In personal insolvency case before NCLAT, Subhash Chandra opposes formation of 5-member NCLT bench
    GoCredit Launches Free Loan App Checker to Verify If a Lending App Is Real, Fake or RBI Registered
    Rupee falls 2 paise to 94.97 against US dollar in early trade
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    NLMC to Facilitate E-Auction of 459 RINL Land Parcels in Visakhapatnam
    CCI approves acquisition of Aseem Infrastructure Finance Limited by TPG Nicobar SG Pte. Ltd. and related transactions
    CCI approves acquisition of up to 100% equity shareholding of Apollo Fertility Centre (AFCPL) and Apollo Specialty Hospitals (ASHPL) by Kids Clinic In...
    ED arrests businessman in DMF-linked money laundering case
    Rupee gains 27 paise to close at 94.95 against US dollar
    India's CAD widens to USD 4.2 bn in Q1 amid West Asia conflict: RBI data
    Andhra commercial tax collections rise by 11 per cent in August to Rs 4,983 cr
    Govt hikes windfall gains tax on petrol, diesel exports; cuts levy on ATF
    DGFT Enables Automated Issuance of Free Sale and Commerce Certificates to Promote Ease of Doing Business
    Bank unions to go on nationwide strike on Sep 11 over 5-day banking, other issues
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September 2, 2026
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Double deflation explains negative manufacturing GVA deflators when input prices rise faster than output prices.
Double deflation in manufacturing separately deflates gross output and intermediate consumption, with real GVA derived from their difference. Where input prices rise faster than output prices, nominal GVA may grow more slowly than real GVA, producing a negative implicit GVA deflator despite rising output and input prices. A negative manufacturing GVA deflator therefore does not establish a fall in manufactured-product prices or lower real growth. The implicit GDP deflator is a derived ratio between current-price and constant-price GDP and differs from CPI and WPI because of their distinct coverage, weights, and price concepts.
September 2, 2026
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Data centre ease-of-doing-business reforms target reliable power, prepared land, streamlined approvals and building standards for faster infrastructure deployment.
Ease-of-doing-business reforms for India's data-centre ecosystem focus on faster and sustainable infrastructure deployment through reliable power, ready-to-use land, streamlined approvals and suitable building regulations. Proposed power measures include cluster-based transmission planning, first-day sanctioned load, dual feeders and cross-border renewable-energy procurement. Data-centre-ready land banks and power-ready parcels are intended to reduce development timelines. The National Building Code 2026 recognises data centres under Group E and contains a dedicated annex on fire-risk assessment and data-centre-specific performance indicators.
September 2, 2026
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Trade facilitation and customs cooperation drive follow-up action on connectivity, regulatory coordination, investment promotion and bilateral commercial engagement.
India-Afghanistan bilateral trade and economic cooperation is being advanced through institutional engagement on trade facilitation, customs cooperation, connectivity, investment and commercial exchange. Priority areas include customs and data-sharing cooperation, visa facilitation for traders, banking and financial cooperation, pharmaceutical and agricultural trade, energy cooperation, tariff concessions, cargo connectivity and port-related matters. Follow-up action covers regulatory cooperation, improved connectivity, investment promotion and business-to-business engagement.
September 2, 2026
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Residential rooftop solar subsidy requires eligibility, prior approval, registered installation, net metering, commissioning, and verified bank details for direct transfer.
PM Surya Ghar Muft Bijli Yojana provides central financial assistance for eligible grid-connected residential rooftop solar systems, capped at Rs. 78,000 for systems of three kilowatts or more. Applicants must be Indian citizens who own a suitable house, hold a valid electricity connection, and have not received an earlier solar-panel subsidy. Applications require portal registration, distribution-company feasibility approval, installation through a registered vendor, net metering, inspection, commissioning and submission of bank details. Assistance is transferred directly after verification. State-specific net-metering procedures, approvals and additional incentives may apply.
September 2, 2026
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Sovereign credit rating upgrade reflects solid growth, stronger financial systems, and improving fiscal and external resilience.
JCR upgrades India's foreign-currency and local-currency long-term issuer ratings to A- with a stable outlook, citing sustained economic growth, productivity-oriented policies and improved financial-system soundness. Fiscal constraints include elevated deficits, intergovernmental fiscal transfers, electoral-cycle sensitivity, and high combined government debt and interest burdens. Greater emphasis on infrastructure capital expenditure has improved the quality of fiscal spending. External resilience is supported by a contained current account deficit, services surplus and foreign-exchange reserves exceeding short-term external debt.
September 2, 2026
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Personal insolvency bench constitution and repayment-plan eligibility remain contested where a larger tribunal bench stays a third-member order.
Personal insolvency proceedings raised a challenge to the National Company Law Tribunal's authority to constitute a five-member bench after a split verdict. The challenge contended that the mechanism for differing views permits reference to another member or members, but does not authorise a five-member bench. The larger bench stayed the third member's order, restricted asset alienation, and suspended an order permitting settlement of personal-guarantee claims. The dispute concerned the validity of that bench, the split-verdict reference procedure, repayment-plan eligibility, and pending creditor appeals.
September 2, 2026
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Digital lending app verification enables borrowers to identify regulated lenders, grievance channels, and warning signs before accepting loans.
GoCredit's Loan App Checker allows borrowers to search lending apps against the public Digital Lending App directory and identify the regulated lender, grievance contact and RBI Ombudsman escalation route where a match exists. Regulatory reporting by regulated entities enables app-level verification, while borrowers should also check the lender named in app disclosures and loan agreements. A directory listing is a regulated-entity disclosure, not RBI approval or endorsement. Unmatched apps should be assessed through verification steps and reported through official channels where appropriate.
September 2, 2026
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Rupee depreciation in early trade reflected oil-price pressures, risk aversion, higher Treasury yields and broad dollar strength.
Early foreign-exchange trading saw the rupee weaken against the US dollar amid renewed US-Iran tensions, risk aversion, higher Brent crude prices, and a stronger dollar. Safe-haven demand, inflation concerns linked to potential oil-supply disruption, expectations of a September Federal Reserve rate increase, and higher US Treasury yields supported the broad dollar rally. RBI monitoring of the rupee's decline was noted.
September 2, 2026
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Responsible AI governance requires ethical safeguards, privacy protection, accountability and adaptive oversight to build lasting corporate stakeholder trust.
Responsible artificial intelligence governance requires continuous innovation, inclusive development, responsible deployment and trust-based governance. AI systems should be ethical, safe, transparent, fair and human-centric, with safeguards for privacy, bias, security and accountability. Proportionate and adaptive regulation should provide clear accountability, standards, monitoring, auditability and grievance redressal. Good governance, cybersecurity, personal data protection and responsible AI together strengthen organisational resilience, stakeholder trust, transparency and sustainable innovation.
September 2, 2026
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E-auction of surplus public land enables transparent outright sale of RINL parcels through registered, KYC-verified bidding.
National Land Monetization Corporation will facilitate the e-auction and outright sale of 459 encumbrance-free RINL land parcels, including residential plots and parcels suited for commercial and logistics use. Competitive bidding will occur through the RailTel E-Nivida e-procurement platform. Participation requires online registration, KYC verification, and plot-wise submission of an earnest money deposit within prescribed timelines. The process supports transparent monetisation of surplus land and non-core public assets.
September 2, 2026
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Competition approval for infrastructure finance restructuring covers acquisition, minority transfer, investment divestment, and merger of regulated NBFCs.
Competition Commission of India approval applies to the acquisition of Aseem Infrastructure Finance Limited by TPG Nicobar SG Pte. Ltd., a subsequent minority share acquisition by ICICI Bank Limited, and Aseem's divestment of its shareholding in NIIF Infrastructure Finance Limited to National Investment and Infrastructure Fund II. Following the acquisition, Climate Finance India Private Limited is intended to merge into Aseem as the surviving entity. The entities involved include RBI-registered non-deposit taking NBFCs operating in infrastructure finance, investment and credit, and infrastructure debt financing.
September 2, 2026
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Healthcare merger approval enables KCIL to acquire fertility and specialty hospital businesses alongside related equity issuances and investment.
Competition Commission approval covers KCIL's acquisition of up to 100% equity shareholding in AFCPL and 100% equity shareholding in ASHPL. The combination includes KCIL issuing equity shares and optionally convertible debentures to AHLL, representing 9.9% fully diluted shareholding as partial consideration, together with a further KCIL equity investment by Arvon Investments Pte. Ltd. KCIL operates mother and baby care hospitals, while AFCPL provides assisted reproductive treatment and reproductive-medicine services.
September 1, 2026
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Money-laundering investigation into alleged District Mineral Fund diversion examines purported liaison activity and asset acquisition through proceeds of crime.
Money-laundering proceedings under the Prevention of Money Laundering Act concern alleged diversion of District Mineral Fund resources through the Chhattisgarh Seed Corporation. The investigation alleges siphoning of public funds by contractors in collusion with government officials and political executives. A businessman was identified as an alleged liaisoner and financial coordinator between public servants, district authorities and private vendors. Allegations also include receipt of commissions, acquisition of immovable assets from purported proceeds of crime, non-production of records, and contradictory statements during questioning.
September 1, 2026
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Foreign exchange market dynamics: rupee appreciation reflected portfolio inflows, domestic growth, and possible central-bank intervention amid external pressures.
The rupee appreciated against the US dollar, supported by domestic growth, controlled fiscal slippage, portfolio-related inflows and possible Reserve Bank of India intervention. Its gains were limited by weak equity markets, rising crude oil prices and a stronger dollar. External geopolitical tensions and hawkish US monetary signals remained potential pressures. Domestic indicators showed strong economic activity, while the current account deficit widened because of a higher merchandise trade deficit. Foreign portfolio inflows continued despite investors remaining net sellers during the year.
September 1, 2026
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Current account deficit widened as merchandise trade deficit increased, notwithstanding stronger services receipts, remittances, and foreign direct investment inflows.
India's current account deficit widened in the first quarter of 2026-27 as the merchandise trade deficit increased. Higher net services receipts, increased personal transfer receipts and lower net primary-income outgo partly supported the external account. Financial-account movements included higher net foreign direct investment inflows, a shift in foreign portfolio investment from net inflow to net outflow, and lower net inflows through non-resident deposits and external commercial borrowings. Foreign exchange reserves declined on a balance-of-payments basis during the quarter.
September 1, 2026
Show AI Summary
Technology-enabled tax compliance and enforcement supported higher commercial tax collections, while GST rate reductions moderated sectoral net GST growth.
Technology-enabled tax administration supported commercial tax and net GST collection growth in Andhra Pradesh during August 2026 and the cumulative period through August. AI-based analytics and scrutiny, IGST reversals, UPI-based enforcement, registration verification, Aadhaar authentication, digital payment enablement, predictive analytics and data sharing strengthened compliance, scrutiny and revenue mobilisation. Petroleum VAT, professional tax, liquor VAT and IGST settlement also increased, while GST rate reductions moderated net GST performance in specified product sectors.
September 1, 2026
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Windfall gains tax on petroleum exports rises for petrol and diesel while aviation turbine fuel levy is reduced.
Special additional excise duty and road and infrastructure cess on petroleum-product exports are revised with effect from 1 September 2026. The export duty on diesel is increased, the levy on aviation turbine fuel is marginally reduced, and a duty is imposed on petrol exports. Existing duty rates for petrol and diesel cleared for domestic consumption remain unchanged. The windfall-tax framework seeks to support domestic fuel availability and deter exporters from benefiting from domestic and international price differences.
September 1, 2026
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Automated Free Sale and Commerce Certificate issuance reduces manual scrutiny while preserving risk-based review for eligible exporters.
DGFT has enabled automated issuance of Free Sale and Commerce Certificates through its portal for eligible exporters of items not covered by the Drugs & Cosmetics Act, 1940. Applications satisfying prevailing framework and automated processing parameters may be issued without manual scrutiny. Applications requiring verification or not meeting those parameters may be routed for manual processing, while auto-approved applications may be flagged later for risk-based review. The mechanism seeks faster, more transparent and predictable processing while retaining necessary oversight.
September 1, 2026
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Five-day banking and equitable performance incentives drive planned nationwide bank union strike amid unresolved pension demands.
United Forum of Bank Unions has proposed nationwide strike action over delayed five-day banking, the performance-linked incentive framework, and unresolved pension demands. Five-day banking was agreed under the 12th Bipartite Settlement/9th Joint Note with extended Monday-to-Friday working hours, but remains pending for implementation. Unions challenge the incentive scheme for departing from a uniform, bank-performance-linked approach and for disproportionately benefiting senior officers. The dispute is under conciliation and pending before the Delhi High Court, while pension updation, a uniform dearness allowance formula, and an old pension scheme option remain unresolved.
September 1, 2026
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Equity market volatility intensified as higher crude prices, geopolitical tensions and tighter monetary expectations weakened domestic investor sentiment.
Indian equity markets closed marginally lower as higher crude oil prices, US-Iran tensions, and expectations of prolonged tight United States monetary policy weakened risk appetite. The phased Closing Auction Session contributed to a late recovery in the benchmark index. Rising crude prices and global bond yields triggered broad-based selling across several domestic sectors, while foreign institutional equity sales and weakness in overseas markets added to pressure despite stronger-than-expected domestic economic growth.

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INCREASE IN AGRICULTURAL INPUT QUALITY, FARM MECHANISATION, MARKET SUPPORT, CROP INSURANCE AND CREDIT LEAD TO HUGE POSITIVE OUTCOMES: ECONOMIC SURVEY

January 29, 2026

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6.85 LAKH SEED VILLAGES CREATED AND AROUND 1649.26 LAKH QUINTAL OF QUALITY SEEDS PRODUCED UNDER THE SUB-MISSION ON SEEDS AND PLANTING MATERIALS

GROSS IRRIGATED AREA AS A SHARE OF CROSS CROPPED AREA INCREASED FROM 41.7% IN 2001-02 TO 55.8% IN 2022-23.

OVER 25.55 CRORE SOIL HEALTH CARDS ISSUED

UNDER PM-KISAN, MORE THAN 4.09 LAKH CRORE RUPEES RELEASED TO MORE THAN 11 CRORE ELIGIBLE FARMERS IN 21 INSTALLMENTS

Productivity enhancements are a factor of in situ and post-harvest interventions states the Economic Survey 2025-26 tabled in Parliament today by the Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman. Several key initiatives to achieve this have been highlighted in the Economic Survey 2025-26.

QUALITY SEEDS:

The Sub-Mission on Seeds and Planting Materials (SMSP), launched in 2014–15, aims to ensure farmers have access to high-quality seeds by promoting seed production, processing, storage, and certification nationwide. Under this initiative, 6.85 lakh Seed Villages were created, 1649.26 lakh quintals of quality seeds were produced, and 2.85 crore farmers benefited. A National Mission on High-Yielding Seeds has been announced in the Union Budget 2025-26, aimed at strengthening the research ecosystem, targeting the development and propagation of climate-resilient high-yielding varieties, and improving the commercial availability of more than 100 new seed varieties.

IRRIGATION AND WATER-USE EFFICIENCY:

Access to assured water through irrigation is a key driver of agricultural productivity. Effective irrigation systems provide farmers with the certainty of water when needed, improve nutrient uptake, make agriculture more resilient to the vagaries of nature, facilitate crop diversification, and enable multiple cropping.

The government promotes micro-irrigation by providing 55 per cent financial assistance to small and marginal farmers and 45 per cent to other farmers for the installation of Drip and Sprinkler systems under the PDMC program. As a result, the gross irrigated area as a share of the gross cropped area has increased from 41.7 per cent in 2001-02 to 55.8 per cent in 2022-23.

SOIL HEALTH AND BALANCED NUTRIENT MANAGEMENT:

Declining soil health, particularly a decline in soil organic carbon, poses a major challenge to agricultural productivity in India. The Government has taken steps to address this through the Soil Health Management (SHM) and Soil Health Card (SHC) schemes under the National Project on Management of Soil Health & Fertility, promoting integrated nutrient management by combining chemical fertilisers with organic manures and bio-fertilisers. Over 25.55 crore cards have been issued (as of 14 November 2025).

India has already undertaken important steps to improve fertiliser management. Nutrient based pricing, neem-coating of urea, Aadhaar-linked point-of-sale verification, and the Integrated Fertiliser Management System have improved transparency, logistics and control over physical flows.

MECHANISATION AND COLLECTIVE ACCESS:

The Government has made significant efforts to promote farm mechanisation through the Sub-Mission on Agricultural Mechanisation (SMAM), providing assistance to State Governments for training and demonstration of agricultural machinery, establishing Custom Hiring Centres (CHCs), and supporting farmers in procuring farm equipment. Between 2014-15 and 2025-26, a total of 25,689 CHCs have been established under the scheme, including 558 CHCs set up during 2025-26 (as of 30 Oct, 2025).

INFRASTRUCTURE AND MARKETING SUPPORT:

Recognising the need to crowd in private investment for agricultural marketing, the Government has implemented the Agriculture Marketing Infrastructure (AMI) sub-scheme under the Integrated Scheme for Agricultural Marketing (ISAM) since 2014.

As of 31 December 2025, 49,796 storage projects have been sanctioned with ₹4,832.70 crore released, while 25,009 other marketing infrastructure projects received ₹2,193.16 crore in subsidy.

The Agriculture Infrastructure Fund (AIF) was launched with a financing facility of ₹1 lakh crore (FY 21 to FY 26, support extending to FY33), offering medium-term debt for post-harvest management and community farming projects with interest subvention and credit guarantees.

To improve price discovery and competitive access to buyers, the Government launched e-NAM in April 2016 as a pan-India virtual market platform. By 31 December 2025, e-NAM registered around 1.79 crore farmers, 2.72 lakh crore traders, and 4,698 FPOs, covering 1,522 mandis across 23 states and 4 UTs. To strengthen collective marketing, the Government launched a new FPO scheme in 2020 with a budget of ₹6,860 crore through 2027-28, aiming to form 10,000 FPOs. By 31 December 2025, 10,000 FPOs were registered.

PRICE AND INCOME SUPPORT:

Price and Income support policies are essential because farm incomes remain unstable due to weather shocks, market volatility, and rising input costs. Small and marginal farmers have limited resilience and weak bargaining power. Assured income and fair prices provide basic stability, encourage productive investment, and help sustain viable agricultural livelihoods. To ensure remunerative prices for farmers, the government announces Minimum Support Prices (MSP) for 22 mandated crops. The Union Budget for 2018-19 announced the predetermined principle of keeping the MSP at 1.5 times the cost of production.

The government has announced the increase in MSP for all mandated Kharif and Rabi crops for the Kharif Marketing Season (KMS) 2025-26 and for the Rabi Marketing Season (RMS) 2026-27, respectively.

Furthermore, income support through assured prices and schemes, such as the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN), has further contributed to strengthening farm incomes, sustaining investments and growth in the agricultural sector. Since its inception, under PM-KISAN, more than ₹4.09 lakh crore has been released to more than 11 crore eligible farmers in 21 instalments.

AGRICULTURAL CREDIT:

Agricultural credit flows from both formal sources, such as commercial banks, Regional rural banks (RRBs), cooperatives, small finance banks, and Microfinance Institutions (MFIs), and informal sources, including moneylenders, traders, and personal networks. Key frameworks, such as the Lead Bank Scheme and Priority Sector Lending, aim to ensure timely and targeted credit delivery to priority farm households and the rural economy.

Ground Level Credit (GLC) disbursement stood at ₹28.69 lakh crore, which includes ₹15.93 lakh crore under short term loans and ₹12.77 lakh crore under term loans, surpassing the ₹27.5 lakh crore target in FY 25. The KCC scheme, which had 7.72 crore operative accounts with outstanding balances of ₹10.20 lakh crore as of 31st March 2025, was further strengthened by the Modified Interest Subvention Scheme (MISS), which offered loans at a subsidised interest rate of 7 per cent with a 3 per cent prompt repayment incentive. Between FY15 and FY26, a total of ₹ 1.77 lakh crore was disbursed as a subsidy under MISS.

 

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