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    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
    PM urges MSMEs to tap opportunities from FTAs
    PM urges farmers to adopt 'chemical-free farming' to tap rising global demand for such food items
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    PROVISIONAL ESTIMATES OF WHOLESALE PRICE INDEX, OUTPUT PRODUCER PRICE INDEX, AND TRIAL INPUT PRODUCER PRICE INDEX FOR THE MONTH OF JULY 2026, AND FINA...
    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
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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
Show AI Summary
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.
August 14, 2026
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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
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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.

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MHA gets Rs 2.55 lakh crore in Budget; IB sees massive hike of 68 per cent in allocation

February 1, 2026

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New Delhi, Feb 1 (PTI) The Union Budget 2026-27 on Sunday allocated over Rs 2.55 lakh crore to the Ministry of Home Affairs, reflecting an increase of around 9.44 per cent from the budget estimates of over Rs 2.33 lakh crore provided to it in 2025-26.

The majority of the funds in the Budget announced by Finance Minister Nirmala Sitharaman for the ministry amount to Rs 1.73 lakh crore, with around 68 per cent allocated under the head 'Police'. This includes funding for the Intelligence Bureau, Central armed police forces like CRPF, BSF, ITBP and CISF, Border development programs and funds for the police forces in Delhi and Jammu and Kashmir, among other areas.

The Union Budget 2025-26 had allocated over Rs 2.33 lakh crore (BE) to the ministry helmed by Union Home Minister Amit Shah.

The Intelligence Bureau (IB), responsible for internal intelligence, has been allocated Rs 6,782.43 crore in 2026-27, reflecting a massive 63 per cent increase compared to the Rs 4,159.1 crore it received in the last budget, according to the revised estimates.

"This provision is for meeting the administrative expenses of the Intelligence Bureau, which ensures national security by collecting and analysing information on internal threats, terrorist activities and potential security risks," the Budget document said.

Among the paramilitary forces, the Indo-Tibetan Border Police (ITBP), which guards the icy Himalayan border with China, received Rs 11,324.08 crore, marking the highest increase of approximately 14.7 per cent over the revised estimates of the last budget, where it received Rs 9,868.85 crore.

The funds include Rs 225.80 crore under the capital section meant for the procurement of machinery, equipment and motor vehicles.

The Central Reserve Police Force (CRPF) received Rs 38,517.9 crore, an increase of 3.39 per cent from the revised estimate of Rs 37,251.48 crore in 2025-26. The Border Security Force (BSF) was allocated Rs 29,567.64 crore, showing a negligible change from the previous budget.

The Sashastra Seema Bal (SSB) was allocated Rs 10,984.51 crore, the CISF received Rs 15973.85 crore, and the Assam Rifles was allocated Rs 8,796.68 crore, also showing nominal increments from the Revised Estimates of the last budget.

Additionally, Rs 95 crore has been allocated to the BSF Air Wing for aircraft, river boats, and helibases.

The CRPF, the largest among the CAPFs, is primarily deployed for internal security duties, anti-terrorist operations in Jammu and Kashmir, and combating Naxalism in central and eastern India, as well as insurgency in the northeast. The BSF is responsible for guarding over 6,000 km of borders with Pakistan and Bangladesh, and conducting internal security functions.

The SSB secures the borders with Nepal and Bhutan, while the Assam Rifles protects India's border with Myanmar. The CISF is tasked with safeguarding vital installations such as nuclear plants, airports, and metro networks.

The Delhi Police received Rs 12,503.65 crore, a nominal increase of around 0.78 per cent from Rs 12,405.70 crore in 2025-26.

"The provision is for routine expenses as well as for various schemes to be implemented by Delhi Police, such as developing a traffic and communication network in NCR mega cities and model traffic system, upgradation or expansion of communication infrastructure, upgradation of training, induction of latest technology and installation of traffic signals, etc," the Budget document said.

The Special Protection Group, which provides security for the prime minister, former prime ministers, their immediate family members, and other protectees, received Rs 499.99 crore, down from Rs 519.60 crore in 2025-26.

The Jammu and Kashmir Police, now under the direct control of the Central government, has been allocated Rs 9,925.50 crore, an increase of 9.1 per cent in 2025-26.

"This provision is for meeting the administrative expenditures of the Jammu and Kashmir Police. Jammu Kashmir Police is responsible for maintaining and enforcing law and order and traffic management in J-K," the Budget document said.

The government allocated Rs 450.54 crore for the modernisation of state police forces and Crime and Criminal Tracking Network and Systems(CCTNS), while Rs 3,610.80 crore was provided for Security Related Expenditure(SRE) and Special Infrastructure Scheme for Left Wing Extremist (LWE) Areas, as the Home Ministry has kept a deadline of March 31 for the eradication of Naxalism from the country.

The Union Territory of Jammu and Kashmir was allocated Rs 43,290.29 crore in the Budget, representing a nominal increase of 4.7 per cent from the Rs 41,340.22 crore provided according to the revised estimates of the last budget.

Besides grants towards the contribution for the Union Territory Disaster Response Fund and the Centre's assistance to meet its resource gap, the funds for Jammu and Kashmir include equity contribution for 624 MW Kiru HEP to increase its power generation capacity by using the energy potential of Chenab river, implementation of a 540MW KWR Hydro Electric Project and expenditure on account of Jhelum Tavi Flood Recovery Project (JTFRP).

"The objective of the project (JTFRP) is to support the recovery and increase disaster resilience and capacity of the communities to respond promptly and effectively to the crisis or emergency," the Budget document said.

The national capital has been allocated Rs 1,348.0 crore, which includes funds for enhanced compensation to the 1984 riots victims, grants under Union Territory Disaster Response Fund, Central assistance to Delhi Government's schemes and an externally aided project to improve the existing water supply infrastructure, ensure equitable water distribution in the command area and a continuous (24x7) supply system.

The funds allocated under "Transfers to Delhi" have increased by 8.53 per cent compared to the Rs 1,242 crore allocated in the previous budget.

In the Budget, Rs 6,680.94 crore has been given to Andaman and Nicobar Islands, Rs 5,720.17 crore to Chandigarh, Rs 2,832.70 crore to Dadra and Nagar Haveli and Daman and Diu, Rs 4,869.31 crore to Ladakh, Rs 1,682.35 crore to Lakshadweep and Rs 3,517.88 crore to Puducherry.

The Budget also allocated Rs 6,000 crore for Census-related work, with the first phase scheduled to begin on April 1. The Census, initially planned for 2020-21, was postponed due to the COVID-19 pandemic.

Additionally, Rs 5,576.51 crore has been earmarked for border infrastructure and management, while Rs 5,393.37 crore has been allocated for police infrastructure. This includes building projects for Central Armed Police Forces (CAPFs), Central Police Organisations, Delhi Police, and assistance to states and Union Territories for narcotics control, along with Rs 343.66 crore for the modernisation plan of the CAPFs.

A scheme aimed at enhancing women's safety has been allocated Rs 889.05 crore.

Furthermore, Rs 300 crore has been set aside for the modernisation of prisons, Rs 350 crore for the Vibrant Villages program, Rs 300 crore for its second phase, and Rs 665.40 crore for autonomous bodies such as the Land Port Authority of India, National Forensic Science University, and Rashtriya Raksha University. PTI ABS MPL MPL

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