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    Govt lifts ban on wheat exports to protect farmers interest amid depressed local prices
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August 24, 2026
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Wheat export liberalisation replaces prohibitions to support farm prices while domestic stocks are expected to protect consumer supply.
Wheat and wheat-product exports are liberalised with immediate effect by revising their export policy from prohibited to free. The change covers wheat, wheat flour, maida, semolina and wholemeal atta, replacing the earlier export-ban framework and simplifying exports previously permitted through licences. The measure aims to support farmers amid depressed domestic prices, while adequate domestic availability and buffer stocks are expected to meet demand and moderate consumer prices.
August 24, 2026
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Food safety compliance failures trigger licence suspensions for deficient hygiene, storage, refrigeration, sanitation and valid licensing practices.
Food safety enforcement measures resulted in suspension of food licences or registrations where establishments failed hygiene, food handling, storage, refrigeration, sanitation and licensing requirements. Deficiencies included unsafe temperature control, unclean refrigeration equipment, improper food storage and thawing, inadequate sanitisation, deteriorated or expired materials, deficient oil-quality checks, artificial colouring, pest infestation, cross-contamination risks and inadequate drainage. One outlet was also found to be operating under the name of an establishment without a valid food licence, resulting in suspension of its registration certificate.
August 24, 2026
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Central Board Governance expands through appointments of part-time non-official directors for defined terms, alongside central bank and government representatives.
Appointments to the Reserve Bank of India's Central Board expand its part-time, non-official director membership. Syed Akbaruddin, Annie George Mathew and Janmejaya Kumar Sinha have been appointed for four years from 24 August 2026, or until further orders, whichever occurs earlier. The Central Board also includes the Governor, deputy governors, the economic affairs secretary and the financial services secretary.
August 24, 2026
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Electricity tariff adjustment is linked to inflation and transmission losses, while free household units remain separately implemented.
Electricity tariff increase of 6.83 per cent after four years is presented as necessary in light of inflation and rising costs. Reducing transmission and distribution losses is identified as a means of limiting future tariff increases. Provision of 200 units of free electricity for poor and needy households through solar panels under the Muft Bijli Yojana is treated as distinct from tariff revisions.
August 24, 2026
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Sugar supply management measures target speculative stockpiling through imports, stockholding limits and earlier crushing to moderate prices.
Sugar supply is characterised as adequate, and higher prices are attributed principally to speculative buying and advance stockpiling, alongside lower output, seasonal demand and global price pressures rather than an actual shortage. Duty-free raw sugar imports and stockholding limits are intended to augment availability, curb speculative accumulation and stabilise market sentiment. Imports, existing stocks, special crushing and an earlier crushing season are expected to moderate prices and improve festive-period supply. Ethanol diversion is not identified as a cause of the price movement.
August 24, 2026
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Wheat export policy shifts to free trade, lifting restrictions on wheat flour, maida, semolina and wholemeal atta exports.
Wheat export policy has been revised from prohibited to free with immediate effect, lifting the export ban on wheat and related wheat products. The liberalised export treatment extends to wheat flour, maida, semolina and wholemeal atta. The restriction had been imposed to address rising domestic prices, and its removal is expected to improve international wheat availability.
August 24, 2026
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Bogus input tax credit fraud investigation examines fabricated invoices, circular transactions, layered funds and alleged proceeds of crime.
Investigation into alleged bogus input tax credit fraud involved searches under the anti-money-laundering framework. The alleged scheme involved fabricated invoices and e-way bills without actual movement of goods, circular transactions, layered funds, cash withdrawals and bogus or non-existent entities. GST authorities identified fraudulent availment of input tax credit causing wrongful loss to the government exchequer. The investigation focused on tracing alleged proceeds of crime, identifying beneficiaries, and securing documentary and digital evidence.
August 24, 2026
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Sugar crystallization process integration combines evaporator upgrades, continuous boiling, heat recovery and automation for efficient plantation white sugar production.
Sugar manufacturing process integration is proposed through strengthening an existing evaporator station and adding a sugar crystallization section to convert syrup production into plantation white sugar production. The scope covers design, engineering, equipment supply, erection and commissioning of condensate heaters, falling film evaporators, heat-recovery systems, continuous pans, vacuum systems and crystallizers. Continuous massecuite boiling will use chamber-specific control, while evaporator recirculation and online chemical-cleaning provisions support process control and low-grade vapour utilisation.
August 24, 2026
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Competitive examination preparation supports career pathways in civil services, public employment, management, defence, research and international higher education.
Career-development and competitive-examination preparation is offered alongside academic programmes for civil services, government and public-sector employment, banking, engineering higher education, management, defence, teaching, research and overseas education. UPSC, SSC-CGL, Bank PO, GATE, CAT, CDS, UGC-NET, GRE, GMAT and IELTS preparation includes courses, workshops, mentorship, expert guidance and examination-specific resources. Access to examinations, admissions and career opportunities remains subject to applicable eligibility, selection and institutional criteria.
August 24, 2026
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Corporate governance professionals gain expanded training infrastructure as Hyderabad's new Chapter Office supports Company Secretaries and students.
Institute of Company Secretaries of India has inaugurated a Chapter Office in Hyderabad to expand infrastructure for professional education, training, examinations, meetings, capacity-building programmes and stakeholder engagement. The facility is intended to support Company Secretaries and students and enable wider professional and educational activities. Company Secretaries are identified as corporate governance professionals, with expanding regulatory requirements and the formalisation and listing of micro, small and medium enterprises creating potential demand for qualified professionals.
August 24, 2026
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Diversified pharmaceutical growth combines branded portfolio expansion, contract manufacturing, merchant exports, and regulatory registrations for international market development.
Curis Lifesciences Limited plans a diversified pharmaceutical strategy spanning domestic branded products, contract manufacturing and international market development. Its majority acquisition of Uninova Lifesciences is intended to strengthen own-brand marketing, distribution and portfolio expansion, including injectable products through third-party manufacturing. International initiatives include merchant exports in Kenya and a Nigerian joint venture pursuing own-brand regulatory registrations alongside contract-manufacturing and export opportunities. Commercial development in Nigeria remains contingent on relevant licences and purchase orders, while projections are subject to regulatory, market and other business factors.
August 24, 2026
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Insolvency framework reform prioritises efficient resolution, value maximisation, stakeholder coordination, institutional strengthening and technology-enabled asset recovery.
Insolvency and Bankruptcy Code, 2016, entered its tenth year amid deliberations on legislative amendments, resolution timelines, stakeholder interests and value maximisation. Key areas included resolution plans and tax implications, liquidation processes, recent judicial developments, stakeholder coordination, and the roles of insolvency professionals, regulators, banking institutions and adjudicatory processes. Technological innovation, including artificial intelligence for asset tracing and recovery, alongside regulatory strengthening, capacity building and stakeholder collaboration, was emphasised for the future development of the insolvency ecosystem.
August 24, 2026
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August 24, 2026
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Service Producer Price Indices track quarterly price movements across financial, transport, telecom and insurance services using sub-service weights.
Service Producer Price Indices based on 2022-23 set out provisional first-quarter estimates for FY 2026-27 and final fourth-quarter estimates for FY 2025-26 across financial, insurance, telecom, railway and air-passenger services. Latest quarterly data show negative year-on-year inflation for securities transaction and banking services, while banking service contribution, pension-fund management, insurance, telecom and railway services record positive inflation. Aggregate weights are not assigned because the covered services do not represent the entire service sector; sub-service weights are used to derive service-level PPIs.
August 24, 2026
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Food safety cooperation supports imported-food quality information exchange and technical collaboration within broader bilateral economic and trade engagement.
India-Morocco economic cooperation is being advanced through discussions on trade diversification, market access, investment, industrial cooperation, customs, agriculture, food safety, energy, digital transformation and logistics. A proposed food safety Memorandum of Understanding would support exchanges on imported-food safety and quality, testing laboratories, analytical methods, import procedures, quality control, sampling, testing, packaging and labelling. Proposed cultural cooperation would promote professional exchanges, heritage conservation and institutional linkages.
August 24, 2026
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Foreign-exchange market conditions led the rupee to close marginally lower against the US dollar after reversing initial gains. The USD/INR pair traded within a narrow range amid a stronger dollar index, weak domestic equity markets, importer demand, crude-oil concerns and geopolitical uncertainty. Market commentary indicated a slight negative bias for the rupee, although possible US-dollar weakness could provide support at lower levels. India's foreign-exchange reserves increased during the referenced reporting week.
August 24, 2026
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Branch expansion for wealth and cross-border banking services targets emerging commercial centres and affluent customer segments across India.
HSBC India's branch expansion is directed at extending wealth, international banking, and corporate banking services to affluent, high-net-worth, ultra-high-net-worth, and non-resident Indian customers in emerging commercial centres. The Nashik opening forms part of a broader branch-expansion programme undertaken after Reserve Bank of India approval to establish additional branches in key cities. The programme is intended to expand delivery of banking and financial services, including support for cross-border wealth management, overseas investment by Indian companies, and foreign investment into India.
August 24, 2026
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India's commerce and industry engagement with Japan is structured around a business delegation visit to deepen bilateral trade, investment, technology and industrial collaboration. Sector-focused discussions cover semiconductors, artificial intelligence, start-ups, automotive manufacturing, steel, electronics, industrial and consumer markets. Business roadshows and investor interactions are directed at presenting opportunities in India's manufacturing, clean-energy and consumer sectors, while advancing cooperation in high-technology manufacturing and next-generation industries.
August 24, 2026
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Inter-state heroin trafficking enforcement uncovered concealed narcotics in transport vehicles, triggering arrests, confiscation, and continuing supply-chain investigations.
Operation Black Hawk targeted an alleged inter-state heroin trafficking network moving crude heroin from the North-East region towards Uttar Pradesh. Intelligence-led vehicle tracking and highway interceptions resulted in the seizure of over 18.6 kg of crude heroin and the arrest of three suspected network members under the Narcotic Drugs and Psychotropic Substances Act, 1985. The narcotics were detected in specially fabricated concealed compartments within a passenger vehicle fuel tank and a heavy commercial vehicle body frame. Both vehicles and the contraband were confiscated, while financial and logistical investigations continue into suppliers and distribution channels.

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Customs & Trade

Shah ramps up BJP's campaign for Assam assembly polls

January 30, 2026

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Dibrugarh/Dhemaji, Jan 30 (PTI) Union Home Minister Amit Shah on Friday ramped up the BJP's campaign for the upcoming high-stakes assembly polls in Assam by accusing the Congress, particularly Rahul Gandhi, of disrespecting the North East, promoting infiltration for electoral politics and the region's lack of development.

Shah, during his day-long programmes in the state where he launched projects worth Rs 1715 crore, heaped praise on Chief Minister Himanta Biswa Sarma for dealing effectively with varied issues, and virtually endorsed him for the state's top post by urging people to vote for the BJP for the third consecutive term.

Shah accused Gandhi of disrespecting the North East by refusing to wear a 'gamosa', presented by President Droupadi Murmu at the 'At Home' reception hosted by her on Republic Day.

All dignitaries, including those from abroad, had worn the scarf as a mark of respect, but Gandhi was the "only person to refuse" to do so, Shah claimed, while addressing a public rally in Dibrugarh.

''Rahul Gandhi can do whatever he wants, but as long as the BJP is in power and politics, it will not allow any disrespect of the North East's culture. We are firm on this, and nobody can shake us from this firm stand," he said.

Shah also accused the Congress of using infiltration as a "weapon of its vote bank politics" and claimed that there has been ''no infiltration in Assam since the BJP came to power. Those who had come to India illegally will be identified and sent back," he added.

Asserting that before the last elections, the BJP had pledged that infiltration, which "changed Assam's demography and compromised the nation's security", would be stopped, he said, ''We kept our promise".

In Dhemaji, Shah claimed that the demography of Assam changed during the Congress rule and the BJP-led government under Prime Minister Narendra Modi is working to reverse the trend.

"Assam's demography totally changed during the Congress rule. The population of infiltrators rose to 64 lakh from nil, and infiltrators became a majority in seven districts," Shah said at the closing ceremony of the 10th Mising Youth Festival.

"If you want to stop infiltration in Assam, then elect the BJP government for a third term and strengthen the hands of Chief Minister Himanta Biswa Sarma in the fight against illegal immigrants. Two BJP state governments in Assam have freed 1.26 lakh acres of land from encroachment by infiltrators," he added.

The Union home minister also stressed the role played by the Mising community in stopping infiltrators from settling in Upper Assam through their lifestyle of hard work.

In Dibrugarh, Shah claimed that the recent Free Trade Agreement (FTA) signed by Prime Minister Narendra Modi with the European Union will ensure that Assam's tea will go to all these countries with zero-tariff imposed.

"The Prime Minister has taken Assam's tea to Paris and Berlin along with other countries of the EU through the FTA and the trade pact will further boost Assam tea exports to European countries,'' he asserted.

Shah also alleged that the Congress did nothing for Assam's development but the BJP dispensation in the state, under the guidance of Prime Minister Narendra Modi, has taken a series of initiatives for the progress of all sectors.

Both BJP chief ministers Himanta Biswa Sarma and his predecessor Sarbananda Sonowal initiated several development works, but this is happening because Prime Minister Narendra Modi has Assam in his heart, he said.

''The Congress ruled at the Centre for decades since Independence, but did nothing for the development of the state. Now the BJP gives priority to Assam, whether it be in infrastructure, wildlife and environment, semiconductors, cancer facilities, airport, railways, waterways, industry and others'', he said.

''I want to ask Rahul Gandhi what his party has given to Assam except guns, bullets, conflicts and deaths of youth," the union home minister said.

Shah further challenged the Congress to tell the people of Assam what it did during the 10 years of government at the Centre.

"As a PM for 10 years from Assam, what has Manmohan Singh given to Assam? Let me tell you. He gave Rs 1.28 lakh crore to Assam in 10 years, while Modi ji gave Rs 5.85 crore to the state," the BJP leader added.

He also alleged that in 55 years of their government since Independence, the Congress never made an Adivasi the country's President but Modi made Droupadi Murmu India's President and gave respect to all Adivasi people of the country.

In Dibrugarh, Shah laid the foundation stone for the Rs 284 crore second assembly complex and MLA hostel as a part of establishing the district as the second administrative hub, inaugurated the first phase of the completed modern multi-disciplinary sports complex built at Rs 238 crore, laid the foundation stone for its second phase to be constructed at a cost of Rs 209 crore.

He also laid the foundation stone for the Rs 292 crore Wildlife Health and Research Centre and launched the Rs 692 crore project of restoration and rejuvenation of Wetlands in the state.

The BJP's focus on the polls was also evident from the Union home minister's visit to the party headquarters in Guwahati where he discussed election-related matters with senior functionaries.

Shah advised the party to fight the upcoming polls on the twin planks of development and secure Assam, and the state BJP will prepare an action plan on the suggestions given by him, sources said. PTI DG TR SSG DG NN

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